It’s been a giddy week on Wall Street. Donald Trump’s thumping victory in the US presidential race has bankers and private equity titans dreaming that he will loosen the regulatory reins while driving ...
Trump transition team officials are considering retail brokerage Robinhood's top lawyer, as well as bank regulators and ...
A Robinhood attorney and Republican regulators are people being considered for top jobs with the SEC, Comptroller of the ...
Federal Reserve Chair Jerome Powell made clear he’s ready to defend the US central bank from political pressure following the ...
The banking industry is expected to win big as former President Donald Trump returns to the White House, ushering in ...
Meantime, some Republicans close to the president-elect have said the new administration may try to remove the Fed’s top ...
It’s not just Powell who might be in trouble. Trump’s advisers have entertained the idea that the president could remove ...
Vice Chair for Supervision Michael Barr echoed that in September: “The Federal Reserve is an independent agency,” he said.
Jerome Powell is digging in his heels, and he’s not about to let anyone, not even Donald Trump, tell him how to run the ...
The votes aren't all counted yet, but the early jockeying for position on the Fed's future has begun. Why it matters: Fed chair Jerome Powell said bluntly Thursday he would not step down even if ...
The incoming president's reaction to the central bank could serve as an early indicator of how extensively he plans to reshape traditional government bureaucracy.
FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...