You Searched For "senate banking committee" and got 20 results
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2 mins read
Bringing manufacturing back to the US is a $10 trillion opportunity for the economy, Morgan Stanley says
Bringing industrial production back to the US could restore growth to the manufacturing sector afte…
Jennifer Sor
2 mins read
It may already be too late for the Fed to stop a recession, former central bank president says
"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnec…
Filip De Mott
2 mins read
Banks and the federal government point fingers as Americans lose billions to online scams
Banks and the federal government are debating the best way to address rampant online scams, which h…
Kenneth Niemeyer
5 mins read
Democratic senators are crushing their GOP opponents in the money race. They're still likely to lose their majority.
No matter how much money Senate Democratic candidates raise, they're still facing an uphill battle,…
Bryan Metzger
5 mins read
Things are looking up for the economy. So why are consumers still unhappy?
US consumers' confidence in the economy has dropped over finding another job. But new payroll data …
Dan DeFrancesco
11 mins read
Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order
Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…
Hayley Cuccinello
1 min read
Bank of America's dealings with Leon Black and Jeffrey Epstein are in the Senate's crosshairs
A Senate committee asked Bank of America whether Black's $158 million payments to Epstein followed …
Geoff Weiss
3 mins read
Consumers reported losing $210 million to scams across payment apps last year. A new bill wants to help future victims get their money back.
Consumers defrauded while using Zelle or other peer-to-peer payment apps might have increased reimb…
John Towfighi
2 mins read
Interest rates remain steady once again — but it's likely the Fed will cut rates in September
The Federal Reserve held interest rates steady in its July meeting as pressure mounts on the centra…
Ayelet Sheffey
3 mins read
Interest rate cuts probably aren't here just yet, but they could finally reach Americans in under 2 months
The Federal Reserve isn't expected to cut interest rates in July, but relief could come in Septembe…
Ayelet Sheffey,Madison Hoff
3 mins read
How the candidates running for Dianne Feinstein's Senate seat say they'll solve California's housing crisis
Housing affordability and homelessness are two of the top issues on California voters' minds. It co…
Eliza Relman
3 mins read
Trump doesn't think interest rate cuts should happen before the election
Former President Donald Trump said Fed members "know" they shouldn't cut rates soon, but many econo…
John Towfighi,Madison Hoff,Ay…
4 mins read
Lower interest rates could be coming soon. Here's what's at stake if they aren't.
Interest rate cuts could finally come this year. Economists explained the benefits of rate cuts and…
Madison Hoff,Ayelet Sheffey
2 mins read
Ex-Georgia Senate candidate Herschel Walker still has $4 million left in the bank from his unsuccessful 2022 run. Republicans aren't happy about it.
Walker — weighed down by numerous controversies — lost to Democratic Sen. Raphael Warnock in a comp…
John L. Dorman
2 mins read
The Fed confirms that Americans will have to wait longer for interest rate cuts
The Federal Reserve held interest rates steady on Wednesday, pushing back any hopes of an interest …
Ayelet Sheffey
2 mins read
The Fed's best tool for fighting inflation won't fix Americans' biggest problem: surging gas and food prices
The country needs to get to more sustainable inflation levels "so we can have the labor market that…
Ben Winck
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
2 mins read
The Omicron variant could throw the booming economic recovery off the rails, Fed Chair Powell says
Even if the variant is less of a health risk than Delta, public concern could hammer the recovery a…
Ben Winck
2 mins read
Elizabeth Warren says millions of borrowers 'deserve answers' after the CEO of a major student-loan company turned down her invitation to appear before Congress
The student-loan company MOHELA asked that Sen. Warren agree to closed-door briefings instead of a …
Ayelet Sheffey
4 mins read
Here's what the Credit Card Competition Act could do to your airline miles and travel rewards
Airlines and travelers worry The Credit Card Competition Act could end frequent-flyer and rewards p…