Marc Sumerlin News Today

The worry is the collapse of SVB and Signature Bank are just the start of a longer list of casualties from the Fed's shift to the highest rates since policymakers began slashing borrowing costs in 2007.

How different is he? | United States

From Bloomberg: With the central bank preparing to boost rates again Wednesday, Nov. 2, and Americans voting in midterm congressional elections Nov. 8, Senate Banking Committee chief Sherrod Brown of Ohio and Colorado Sen. John Hickenlooper last week publicly lobbied Fed chair Jerome Powell to exercise restraint.

The southern border is a political problem for Democrats because it is an actual problem | United States

Yellen faces currency war redux as she ditches a strong dollar Saleha Mohsin and Liz Capo McCormick, Bloomberg News Yellen: U.S. Needs to Take On Chinas Abusive Practices VIDEO SIGN OUT   Treasury Secretary Janet Yellen faces one more headache on an agenda packed with everything from COVID-19 relief to addressing inequality and overhauling tax policy: tensions over foreign-exchange intervention. The dollar has tumbled 13.1 per cent from its high last March, thanks in part to historic m...

Yellen Faces ‘Currency War’ Redux as Strong Dollar Ditched Bloomberg 1/29/2021 Saleha Mohsin and Liz Capo McCormick (Bloomberg) -- Treasury Secretary Janet Yellen faces one more headache on an agenda packed with everything from Covid-19 relief to addressing inequality and overhauling tax policy: tensions over foreign-exchange intervention. Popular Searches The dollar has tumbled 13.1% from its high last March, thanks in part to historic moves by the Federal Reserve to pump...

Print this article President Trump’s exit strategy was clear: Cast doubt on the election result before retiring to his Florida estate to embark on a new chapter as Republican power broker and media star while teasing a triumphant return to office in 2024. But the violent attack on the United States Capitol and Trump’s role in denying Joe Biden’s election victory have destroyed his chances of running for president again, according to Trumpworld insiders. The ugly scenes have already had ...

"Bye, bye, Ted Cruz, Josh Hawley and Donald Trump," one of the presidents top campaign bundlers said, also mentioning the two Republican senators who led objections to Joe Bidens Electoral College victory. "Hes done," the person added, referring to Trump. A former White House official, who worked with business leaders while in the administration, was just as blunt when asked whether corporate figures would side with Trump after Wednesdays riot, which the president incited. These people declined...