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Showing 1 - 10 of 99 results for "White House"

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
... election win, with the price of Bitcoin now over $150,000. Bloomberg reported recently that Trump is expected to create a White House role dedicated to overseeing crypto policy and regulation, part of his promise to make the US the "crypto capital of ...

GQG's FUM pulls back, breaks six-month streak

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
... effects of his policies, GQG's global investment strategy Josh Snyder has said that, historically, who occupies the White House generally hasn't mattered. He noted that 50 years of data has shown the market goes up regardless of who's elected. ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... expectations, but chair Jerome Powell faced a raft of questions over President-elect Donald Trump returning to the White House. The Fed continued its policy easing cycle with a 25 basis point rate cut, lowering the benchmark rate to 4.50%-4.75%. Powell ...

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... partisanship - with Republicans controlling the House of Representatives and Democrats controlling the Senate and the White House - has only served to heighten market concerns that we might not see a political compromise on the debt ceiling," he said. ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... experience," added Barr. President Joe Biden assured the US population that its banking system is "safe" yesterday at a White House press conference. "No losses will be borne by the taxpayers. Instead, the money will come from the fees that banks pay ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... banks that have started tightening should stay the course until inflation is tamed. Aside from the IMF announcement, a White House statement has quashed the traditional recession evaluation method of two consecutive quarters of falling GDP - just one ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... his approval ratings are comparatively lower than that of the last 12 US presidents, including Donald Trump. In a White House statement, Biden said: "Tackling inflation is my top priority - we need to make more progress, more quickly, in getting prices ...

Chief economist update: The pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 21 APR 2021
... concern with regards to stoking inflation. As Factset reports, "Biden's stimulus plan continues to evolve, with White House readying an "American Families Plan" focused on domestic priorities as a companion to the $2.25T infrastructure effort. Washington ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
... more hiring. Australia's successful containment of the COVID-19 outbreak, less impulsive policy-making in the White House, and the wealth effect brought about by the rebound in the property and stock markets should provide additional growth impetus ...

Key finance figures in Biden Cabinet

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
... nominated to lead the US Treasury. Yellen is the former US Federal Reserve governor. She was also the chair of the White House Council of Economic Advisers during the Clinton administration. Yellen was the first woman to lead the US Fed, and if her nomination ...
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