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Major Developments- DFS Announces New Regulatory Guidance on the Issuance of U.S. Dollar-Backed Stablecoins- New York State Department of Financial Services (DFS)...
Stocks End Higher as Yellen Tells Congress to 'Act Big' on Stimulus TheStreet 1/19/2021 © TheStreet Stocks End Higher as Yellen Tells Congress to 'Act Big' on Stimulus Stocks finished higher Tuesday as Janet Yellen, President-elect Joe Biden's nominee for treasury secretary, told Congress that lawmakers must do more to lift the U.S. economy out of the recession brought on by the coronavirus pandemic. Bank earnings also began to roll in, with Goldman Sachs and Bank of America finishing down 2.3% and 0.7% respectively after they issued their fourth-quarter reports. The Dow Jones Industri...