America’s Dumbest Law
Congress sets limits on total federal borrowing to keep the government’s budget under control. Does anybody think it’s working?
Recent
Fed Can Still Achieve Soft Landing, Bullard Says
Fed Reserve Bank of St Louis Pres Bullard said policymakers will probably have to push rates higher but said he would wait and see what data shows.
Fed Emergency Loans Plunge After First Republic Seizure
Emergency borrowing from Fed plunged last week mostly reflecting seizure of First Republic Bank which accounted for large share of outstanding loans.
The Clock is Ticking
Clock is ticking on Congress’ game of debt limit chicken. Will the federal government default?
As Fed Probe Shows Deregulation Fueled SVB Crisis, Warren Says Powell 'Must Be Held Accountable'
Warren says Powell 'must be held accountable'. He failed his responsibility to supervise and regulate banks that posed systemic risk to our economy.
Halifax Wealth Adviser Fined and Sent Back to Class
Halifax wealth adviser Lee Harwood will pay a fine of $40K and costs of $5K for making off-book investments for various clients without authorization.
SEC Commissioner: ESG Standards Attempt to ‘Measure the Unmeasurable’
Speaking in Sweden before EuroFi, Hester Peirce argued materiality-based standards—not ESG standards—best suit investors’ needs.
