Dudley Warns US Fiscal Position Is on ‘Unsustainable Trajectory’
The US fiscal position is on an “unsustainable trajectory” due to a lack of political will to resolve the crisis.
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Why Moody's Cut Its Outlook for the US Economy
Rating agency Moody's rattled Washington by downgrading the country's economic outlook to "negative" from "stable," citing growing fiscal deficits.
‘Dark Matter’ Bond Metric Mesmerizes Wall Street and Washington
It’s buzz word on Wall Street and hallways of Fed Reserve and Treasury Dept. It’s blamed for triggering bond selloffs, and shifts in debt auctions.
SEC’s Gensler Sounds Fresh Alarm on Leverage in Treasuries Market
SEC Chair Gary Gensler repeated warnings about leveraged trading by hedge funds and investment firms in the US Treasuries market.
Treasury's Yellen Calls Republican Effort to Cut IRS Funding for Israel 'Damaging and Irresponsible'
“Playing politics with IRS funding is unacceptable,” Yellen said, referring to an aid bill that passed the House last week that would cut $14B.
Significant Legal Dispute has Potential to Redefine the Self-Regulatory Framework
FINRA is currently embroiled in a significant legal dispute that could ascend to the United States Supreme Court.
Yellen Defends US Debt Policy After Druckenmiller Rebuke
Yellen disputed billionaire investor Stan Druckenmiller’s assertion that her department had made “the biggest blunder in history”.
