Yesterday the United States recorded more than 1,000 daily deaths from the coronavirus for the first time since May, another grim sign the country is struggling to contain the pandemic six months after it emerged in the U.S.
The Black Lives Matter movement has gone global with anti-racism protests sweeping cities around the world. What does the racial reckoning look like abroad? Join Global Translations author Ryan Heath for a conversation on how the fight for equality has become a worldwide rallying cry following the killing of George Floyd.Senate Banking has a subcommittee hearing at 9:30 a.m. on "US-China: Winning the Economic Competition” … CFTC has an open meeting at 1:00 p.m.
The proposed deal has to be approved by bank regulators — E-Trade is structured as a savings and loan — and is the largest bank merger since the 2008 financial crisis. “While traditional bank merger analysis has focused on measures that are in many ways outdated in the context of modern, large, and complex banking conglomerates, the resulting implications for current and future asset management markets must be considered in this case,” they write in a letter.
“Shelton, whose nomination by … Trump has faced months of delays because of skepticism from key Republicans, was approved Tuesday by the Senate Banking Committee on a party-line vote. She must now face a vote before the full chamber. … If she is confirmed alongside fellow nominee Christopher Waller, who was approved in committee by a 18-7 vote, she will be one of seven members of the Fed’s board, with a vote on interest rate policy as well as bank regulations.
“A few no-shows plus, say, a contrarian Mitt Romney , would defeat Shelton. Timing of a floor vote is unclear, but since Congress is preoccupied with finishing the stimulus package before the August recess, a vote before the fall doesn’t look likely.”— CFTC Chairman Heath Tarbert sat down for an interview on his birthday on July 15 with our Kellie Mejdrich to discuss his first year as head of the derivatives regulator and the regulatory path he sees ahead for the rest of his 5-year term.
"Small company stocks did better than the broader market. The latest gains followed strength in markets overseas as investors welcomed news that European leaders have agreed on a budget and coronavirus relief fund worth more than $2 trillion.”— Reuters’ April Joyner: “The benchmark S&P 500 U.S. stock index is now positive for the year, yet most of its components have sat out the rally. After a steep, months-long climb, the index is up 0.8% on the year and at its highest level since Feb.
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U.S. Senate panel set to advance Trump Fed nominee Shelton, backer of gold standardA second nominee to the Fed Board, St. Louis Federal Reserve bank research director Christopher Waller, is also expected to win the panel&39;s support. Shelton, a conservative economist who has argued the nation would be better off returning to the gold standard and as recently as 2017 criticized the
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Biden eyes GOP supporters while Trump focuses on his baseIn the four months since Joe Biden effectively won the Democratic presidential nomination, he has focused on consolidating the party&39;s divergent and often warring factions. As the closing stretch of the campaign nears, that effort will expand to include Republicans disaffected with President Donald
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Pushing bogus anti-Biden claim, Trump tripped up by realityWhen Trump makes ridiculous claims, is he deliberately trying to deceive the public or does he believe his falsehoods? An answer is coming into focus.
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Trump Calls Masks ‘Patriotic’ Months After Mocking Biden for Wearing OneAfter ridiculing Biden for wearing a mask, Trump considers face coverings to be “patriotic” as his approval rating tanks due to his pandemic response.
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