The Trump administration is poised to broaden access to risky investments that are showing signs of strain.
Category: Banking and Financial Institutions
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Private-Credit Wobbles Could Prove Perilous for Trump
The New York Times – Business: -
Bank of America Pays $72.5 Million to Settle Lawsuit by Epstein Victims
The New York Times – Business:The suit claimed the bank had overlooked signs that Mr. Epstein’s accounts were being used to further his abuse of young women.
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Resurgent Inflation Tests Faith in Fed’s Willingness to Tame It
The New York Times – Business:The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue.
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Warren Requests Information From MrBeast About Crypto and Children
The New York Times – Business:The world’s most popular YouTube celebrity, who markets to children and has bragged about crypto trades, is getting into banking. Senator Elizabeth Warren has concerns.
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Fed Official Urges Caution on Rate Cuts as Iran War Drags On
The New York Times – Business:Christopher J. Waller, a Federal Reserve governor, said he would support rate cuts later this year if the labor market continued to weaken.
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Banking Regulators Prepare to Loosen Post-Crisis Capital Rules
The New York Times – Business:The changes, long sought by bank lobbyists, will reduce the capital banks must hold in reserve to mitigate risks.
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Iran War Narrows Fed’s Path to a Rate Cut
The New York Times – Business:Jerome H. Powell, the Fed chair, wants to keep the central bank’s policy options open as officials stare down another economic shock that threatens to stoke inflation and crimp growth.
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Central Banks Brace for Inflation as Energy Prices Surge
The New York Times – Business:Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices.
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Central Banks Brace for Inflation as Energy Prices Surge
The New York Times – Business:Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices.
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Powell Says He Will Remain as Fed Chair Until Successor Is Confirmed
The New York Times – Business:Jerome H. Powell, who leads the central bank, also said he would not leave the Fed until a criminal investigation into his handling of renovations was over.
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Iran War Risks Sharpening Fed Divisions Over Rate Cuts
The New York Times – Business:The Federal Reserve is set to hold interest rates steady this week as officials grapple with a host of new economic risks stemming from the conflict in the Middle East.
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Justice Dept. Legal Threat Complicates Trump’s Pick for Fed Chair
The New York Times – Business:An investigation of the Federal Reserve was thwarted on Friday, but a department appeal could reimpose an obstacle in Kevin Warsh’s path.