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U.S. Deputy Treasury Secretary Sarah Bloom Raskin, center, chats with Angel Gurria, Secretary General of the Organisation for Economic Cooperation and Development (OECD), left, and Philippines' Secretary of Finance Cesar Purisima before the opening ceremony of the Asia-Pacific Economic Cooperation (APEC) finance ministers meeting at the Diaoyutai State Guesthouse in Beijing, China Wednesday, Oct. 22, 2014.
Beltway Confidential

Biden Fed nominee targeted by oil but embraced by Wall Street — not a good sign

Timothy P. Carney -
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Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, looks on during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022.
Business

Biden nominee scrutinized over work with fintech company that got prized Fed account

Zach Halaschak -
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U.S. Deputy Treasury Secretary Sarah Bloom Raskin, center, chats with Angel Gurria, Secretary General of the Organisation for Economic Cooperation and Development (OECD), left, and Philippines' Secretary of Finance Cesar Purisima before the opening ceremony of the Asia-Pacific Economic Cooperation (APEC) finance ministers meeting at the Diaoyutai State Guesthouse in Beijing, China Wednesday, Oct. 22, 2014.
Finance and Economy

Biden nominee under pressure from GOP rejects Fed climate regulation

Zach Halaschak -
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Biden Fed nominee faces grilling over reparations and police reform
News

Biden Fed nominee faces grilling over reparations and police reform

Zach Halaschak -
0
The Dow Jones Industrial Average and the S&P 500 posted their first quarterly decline since President Trump took office.
Finance and Economy

S&P 500 closes out worst month since start of pandemic

Zach Halaschak -
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Biden’s ‘solutions’ for inflation are a joke
Beltway Confidential

Biden’s ‘solutions’ for inflation are a joke

Brad Polumbo -
0
The U.S. trade deficit rose in January to the highest level since October 2008, defying President Trump's efforts to bring more balance to America's trade with the rest of the world, the Commerce Department said Wednesday.
Economy

Economy grew 5.7% in 2021, fastest pace since 1984

Zach Halaschak -
0
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Thursday, July 11, 2019.
Finance and Economy

Fed signals first interest rate hike coming in March as it scrambles to curb inflation

Zach Halaschak -
0
Sen. Pat Toomey, the Pennsylvania Republican, speaks during a ceremony to award World War II veteran Clarence Smoyer, 96, the Bronze Star at the World War II Memorial, Wednesday, Sept. 18, 2019, in Washington.
Finance and Economy

Top Republican flags problem that could doom Biden Fed nominees

Zach Halaschak -
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In this photo provided by the New York Stock Exchange, trader Phyllis Arena Woods works on the floor, Monday, Jan. 24, 2022. The Dow Jones Industrial Average dropped more than 1,000 points Monday as financial markets buckled in anticipation of inflation-fighting measures from the Federal Reserve and fretted over the possibility of conflict between Russia and Ukraine.
Business

S&P 500 enters correction territory before ending up on day

Zach Halaschak -
0
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