Page 5 - From Sam News Today

There’s a non-zero chance that the U.S. will be hit with a constitutional crisis around the 2024 presidential election.

Simmering tensions over the bipartisan bill spilled into the open this week.

The FDIC board later this morning will vote on a new rule that would raise bank fees to revive a sputtering fund that backstops American deposits.

While a “sense of dread” surrounded last week’s IMF-World Bank meetings in Washington, the U.S. is struggling to mount a coordinated response.

Gensler is still public enemy No. 1 for many in the crypto policy set.

Federal Reserve Chair Jerome Powell has learned to accept that fighting inflation comes with collateral damage. At this point, it also means unleashing hell on the global economy.

This month’s release will likely show substantial revisions, following a surprise inflation reading last week that showed underlying price pressures still very high.

The SEC is seeking to bring crypto exchanges and the entrepreneurs behind tokenized offerings under its direct oversight.

Federal Reserve officials are expected to approve another supersized rate increase at the end of their two-day policy meeting today.

St. Louis Federal Reserve President James Bullard raised eyebrows Monday when he suggested that the Fed “has to follow through and ratify” market expectations of a half-percentage-point interest rate increase next month, or risk losing credibility.