White House: Fed interest rates having negative effect on banking
WASHINGTON, May 2 (Reuters) - A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at...
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Rate hike worries drive US bond funds first outflow in three weeks
April 21 (Reuters) - U.S. bond funds suffered big outflows in the week to April 19 on expectations that the...
Binance suspends spot trading temporarily, SEN and Signet’s closure impact, EU revises anti-money laundering bill, FTX creditors approve stock sale and more
Binance Halts Deposits and Withdrawals: CEO Addresses Trading IssuesBinance, a leading cryptocurrency exchange, has temporarily halted deposits and withdrawals on...
US Senate Banking Committee to hold hearings on Silicon Valley Bank collapse
WASHINGTON, March 21 (Reuters) - The U.S. Senate Banking Committee will hold the first of several hearings on the collapse...
Hardline US Republicans oppose bank deposit guarantees beyond $250,000 limit
WASHINGTON, March 20 (Reuters) - Hardline Republicans in the House of Representatives on Monday vowed to oppose any universal federal...
Top US Senate Democrat Schumer wants legislative response to banking ills
WASHINGTON, March 15 (Reuters) - The U.S. Congress needs to act on bipartisan legislation strengthening banking industry controls, Senate Majority...
Amid bank strains, Democrats and Republicans spar over U.S. budget
WASHINGTON, March 15 (Reuters) - The U.S. Senate Budget Committee debated Democratic President Joe Biden's $6.8 trillion budget proposal on...
Biden’s budget plan would boost childcare funding by billions of dollars
WASHINGTON, March 8 (Reuters) - U.S. President Joe Biden's fiscal 2024 budget plan would boost federal funding for childcare and...
Fed’s Powell sets the table for higher and possibly faster rate hikes
WASHINGTON, March 7 (Reuters) - The Federal Reserve will likely need to raise interest rates more than expected in response...
U.S. Congress votes to block ESG investing, Biden veto expected
WASHINGTON, March 1 (Reuters) - A Republican bill to prevent pension fund managers from basing investment decisions on factors like...
