News

Trump’s pick for the Fed ‘fuels an existential threat’ as central bank independence is targeted, JPMorgan says
"The main threat to the Fed independence is not politically motivated turnover shifting the outcome of votes." ...
Trump moves to protect American bank accounts from politically based closures
President Donald Trump will sign an executive order ending politically bias debanking policy and removing the reputation risk ...
Trump-Era Regulators to Play Key Role in Next Crypto, Bank Fight
A major battle between crypto firms and traditional lenders over interest and bank charter applications is poised to be ...
Reports: Trump considers stock IPO for Fannie Mae, Freddie Mac
President Donald Trump reportedly wants the U.S. to sell Fannie Mae and Freddie Mac stock in a quest to move mortgage finance ...
Trump tariff salvo sees India central bank return to out-of-favour rupee derivative tool
The Reserve Bank of India has resumed intervention in the non-deliverable forwards market over the past fortnight to manage ...
Federal Reserve Vacancy Opens Door for Trump to Shape the Central Bank's Future
Key Takeaways Federal Reserve Governor Adriana Kugler announced her resignation last week, giving President Trump the ...
Donald Trump orders regulators to review ‘debanking’ practices
In an executive order issued on Thursday, the White House requested federal banking regulators formally review “any past or current, formal or informal, policies or practices” that may have led to ...
Trump met Citi, BofA CEOs to discuss plans for Fannie and Freddie, sources say
U.S. President Donald Trump met the CEOs of Citigroup and Bank of America on Wednesday to discuss the administration's plans ...