Senator Elizabeth Warren said Wednesday that the law clearly states only Congress can shutter the CFPB, setting up a ...
The Federal Deposit Insurance Corporation can cover deposits that are not insured. They did that in 2023, which required authority from the treasury secretary.
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
The risk with TIP is increased because it is inflation-backed. The Treasury can theoretically create money to repay debt, but ...
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" ...
In the midst of numerous dismissals and resignations at the Bureau this week, President Trump has nominated Jonathan McKernan ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
The White House plans to nominate Jonathan McKernan, a former member of the Federal Deposit Insurance Corporation, as ...
Long-term real yields probably won't keep falling this year in the U.S., as investors are "getting to grips" with Treasury-inflation protected securities under the new White House administration, ...
Jonathan McKernan has been nominated to lead the Consumer Financial Protection Bureau, which has been in turmoil for days and has fired a number of probationary employees.
Treasury yields rallied as U.S. January inflation came in a little hotter than forecast following hawkish remarks by Fed Chair Powell yesterday.
The U.S. consumer price index for January will be released at 8:30 a.m. Eastern on Wednesday. Economists expect headline annual CPI inflation of 2.8%, down a touch from January’s 2.9%. However, that ...
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