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6 mins read

Two prominent Democratic lawmakers violated a federal conflicts-of-interest law. Again.

Democratic Sen. John Hickenlooper of Colorado and Democratic Rep. Jamie Raskin of Maryland failed t…

Kimberly Leonard,Madison Hall   


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1 min read

Ginni and Clarence Thomas are one of DC's most controversial political power couples. These other pairs have influenced Washington for years.

Ginni Thomas, a conservative author and activist, is under scrutiny following revelations that she …

Kayla Epstein,Dave Levinthal,…   


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3 mins read

Biden's pick for the Fed's top bank regulator withdraws her nomination amid backlash from Manchin and Senate Republicans

Sarah Bloom Raskin told Biden on Tuesday she withdrew her nomination to be the Fed's next vice chai…

Ben Winck   


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7 mins read

Democratic Rep. Jamie Raskin failed to properly report a massive stock holding and payout for his wife a Biden banking regulator nominee

The nominee, Sarah Bloom Raskin, served on the advisory board of fintech company Reserve Trust.

Kimberly Leonard   


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3 mins read

Rep. Jamie Raskin on Trump impeachment: 'I'm not going to lose my son' in 2020 and 'lose my country' in 2021

"When we went to count the Electoral College votes, and it came under that ludicrous attack, I felt…

John L. Dorman   


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2 mins read

Joe Manchin joins Republicans and all but tanks Biden's nominee for the top bank regulator at the Fed

The GOP has already blocked Sarah Bloom Raskin's nomination from moving forward. Manchin's oppositi…

Ben Winck,Joseph Zeballos-Roig   


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2 mins read

Psaki rips into GOP for stalling on Biden's Federal Reserve nominees: 'Republicans are AWOL on the fight against inflation'

"We believe Republicans need to do their jobs and show up to vote for these nominees," Psaki said d…

Oma Seddiq   


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3 mins read

A former deputy secretary of the Treasury thinks fiscal policy can be rewritten to combat the climate crisis - here's how

The US is aiming for carbon neutrality by 2050. Here's how a Biden administration chair says big bu…

Paul Constant   


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2 mins read

Joe Manchin says he's unsure about supporting electric vehicles since he doesn't want to be 'standing in line waiting for a battery'

House Democrats like AOC are urging Biden to salvage climate spending in any new economic bill. Man…

Joseph Zeballos-Roig   


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3 mins read

The Fed is pursuing a more inclusive recovery. Its newest regional bank president shows it's doing so with a more diverse staff.

The Boston Fed just tapped economist Susan Collins to serve as the second Black Fed president ever.…

Ben Winck   


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6 mins read

Warnock's win in Georgia gives Joe Manchin and Kyrsten Sinema far less power over Biden's agenda

Manchin and Sinema have effectively had carte blanche in the Senate the last two years. Now, Democr…

Kimberly Leonard,Warren Rojas…   


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1 min read

A Wall Streeter Explains What Elizabeth Warren Doesn't Get About The Treasury In Two Sentences

"Senator Warren has spent much of her career focusing on the issue of personal indebtedness and the…

Portia Crowe   


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2 mins read

Obama is trying to help the 40 million Americans with student loans

"It's our responsibility to make sure that the 40 million Americans with student loans are aware of…

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Here's A Preview Of The Major Economic Events Of The Day

Thursday economic releases: • At 8:30 AM ET, the initial weekly unemployment claims report will b…

Sam Ro   


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2 mins read

Obama Just Met With Some Top Financial Regulators At The White House

"Participants discussed the importance of continued coordination through the Financial Stability Ov…

Brett LoGiurato   


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3 mins read

This consulting firm hires powerful government workers and sells their secret knowledge back to Wall Street

Promontory has also attracted the attention of regulators. In 2013, the New York Department of Fina…

Jonathan Marino   


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2 mins read

The Fed Is At Risk Of Losing Janet Yellen Altogether

Looking at the rest of the board, one can see the possibility of substantial change in the Fed boar…

Sam Ro   


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3 mins read

The Lobbying Firm That Hired Mary Schapiro Is Revolutionizing The Industry

Ludwig's hires include former senior officials from the OCC, the Federal Deposit Insurance Corp., t…

Linette Lopez   


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3 mins read

FED KEEPS PUMPING

To support continued progress toward maximum employment and price stability, the Committee expects …

Matthew Boesler   


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3 mins read

FOMC SAYS GROWTH IN ECONOMIC ACTIVITY PAUSED IN RECENT MONTHS

To support continued progress toward maximum employment and price stability, the Committee expects …

Matthew Boesler