Trump’s Fed Takeover: A Recipe for Chaos
President-elect Donald Trump’s advisers are busy scheming how to reshape the Federal Reserve’s leadership, reportedly eyeing Fed Governor Michelle Bowman for the vice-chair role overseeing...
Tag: Michael Barr
Powell cut interest rates by 25 bps, navigating the Trump Second Term
As Jerome Powell faces the aftermath of Donald Trump’s re-election, the Federal Reserve is under new scrutiny. Powell’s timing on interest rate changes has been...
The Great Bank Rollback: How US Capital Requirements Shrunk Overnight
In a spectacular reversal, America’s biggest banks are now looking at a much more palatable 9% increase in capital requirements, down from the eye-watering 19%...