Warren, Waters Warn Bank Regulators Against Aiding ‘Unlawful’ DOGE Actions
Trump administration threw one of the nation’s banking regulators into turmoil.In their Wednesday letter, which was earlier reported by The Wall Street Journal, Sen. Elizabeth Warren (D., Mass.) and ...
Moneyweb1h
Conservative budget, steady growth could sway rating agencies
The budget speech is an 'opportune time' to highlight the progress made in the key areas Moody's, Fitch, and S&P observe, ...
Trump EPA chief accuses Biden of ‘tossing gold bars off the Titanic’
The Environmental Protection Agency will try to claw back $20 billion that the Biden administration approved for climate ...
Donald Trump taps ex-Bitfury crypto exec to lead US banking regulator
US President Donald Trump has nominated the former crypto firm executive Jonathan Gould to head the Office of the Comptroller ...
Warren: Only Congress — not Trump or Musk — can 'get rid of the CFPB'
Senator Elizabeth Warren said Wednesday that the law clearly states only Congress can shutter the CFPB, setting up a ...
federalnewsnetwork.com4h
When the FDIC took extraordinary action and it paid off
The Federal Deposit Insurance Corporation can cover deposits that are not insured. They did that in 2023, which required authority from the treasury secretary.
Business Times4h
US Federal Reserve’s Powell sees a ways to go on shrinking Fed holdings
OVER two days of testimony this week before Congress, US Federal Reserve chairman Jerome Powell indicated there’s no imminent ...
Stock market today: Dow leads stocks lower as hot inflation data pushes back rate cut hopes
US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and ...
Fed's Powell sees a ways to go on shrinking Fed holdings
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
TIP: Inflation Up, U.S. Fiscal Stability Down
The risk with TIP is increased because it is inflation-backed. The Treasury can theoretically create money to repay debt, but ...
Powell backs change in bank-capital rules to boost liquidity in Treasury market
Federal Reserve Chairman Jerome Powell said Wednesday he supports a change to bank capital rules that has been on the industry's wish list At the moment, the Fed's "supplementary leverage ratio" ...
Powell Says Easing Bank Capital Requirements Could Help Treasury Market
In House testimony Wednesday, Federal Reserve Chair Jerome Powell said a proposal to ease capital requirements for U.S. banks could also improve the functioning of the all-important U.S. Treasury ...