Fed to Leave Rates Unchanged on Sept. 20; Cut Unlikely Before Q2 2024
Fed will leave benchmark overnight interest rate unchanged at end of Sept. 19-20 policy meeting and probably wait until the April-June period 2024.
Recent
IRS Goes After Millionaires, Big Businesses that Owe Millions in Back Taxes
(Investopedia) - The Internal Revenue Service (IRS) is cracking down on high-income earners and businesses that owe hundreds of millions of dollars in past-due taxes—and in doing so are “ab
Proposed Bill Would Block ESG Use in Retirement Plans
House Republicans again push to roll back ESG investing for plan participants.
Fed’s Debt Runoff Is ‘Painless’ at $1 Trillion Mark, With Bigger Test Ahead
The Fed has now offloaded about $1 trillion of its bond holdings since it began working down its bloated balance sheet last year.
SEC Pushes Equity Exchanges to Redo Public Market-Data Feeds
The top US securities regulator is asking equity exchanges to revamp how they consolidate and disseminate public stock-trading data.
US Unveils Plan to Hit More Banks With Long-Term Debt Minimums
US officials unveiled response to bank turmoil with proposals to boost oversight of midsize lenders, require them to prepare for potential failures.
SEC Probes Major Lender Over Mortgage-Backed Securities Sold to Wall Street
The SEC is probing The Change Company, a California lender that pledges to promote homeownership in underserved communities.
