Now, we got some breaking news out of the White House. Aean Jabers has the story. Aean.>> Hey, John. That's right. President Trump just wrapping up some remarks over at the Kennedy Center speaking to the Saudi investment forum that's taking place over there today.And the president really ramping up his criticism of Jay Pal, the Federal Reserve chairman, and also offering some more unusual criticism of Scott Bessent, the Treasury Secretary, uh, sounding a very frustrated note about interest rates. Here's wha ...

Core Viewpoint - Easing the regulatory burden on financial firms may enable the U.S. Federal Reserve to reduce the size of its balance sheet in the future [1] Group 1 - Federal Reserve Governor Stephen Miran emphasized the potential benefits of regulatory relief for financial institutions [1]

Core Viewpoint - The Federal Reserve has introduced new guidelines aimed at enhancing the supervision of the financial system, focusing on material financial risks rather than procedural compliance, which has garnered both praise and criticism from various stakeholders [1][2][4]. Regulatory Changes - The new principles emphasize that bank examiners should concentrate on material financial risks and avoid excessive focus on processes and documentation [2]. - Under the new rules, banks will be tested primarily for material risks to their businesses or balance sheets, such as bad loans or unsound business practices [5]. - Banks will also have the ability to self-certify on certain risk and supervision issues, a change that has been a priority for the banking industry since the Trump administration [5]. Industry Reactions - Industry trade groups have praised the new guidelines, indicating that prioritizing material financial risks will enhance the resilience of banks [6]. - Conversely, former Fed governor Michael Barr criticized the changes, warning that they may weaken supervision and make it more difficult for examiners to act against excessive risk buildup [4].

Hi, that's right. President Trump just wrapping up a session in the Oval Office with Saudi Crown Prince Muhammad bin Salman. The president uh sort of jawboning bin Salman uh during the course of that Oval Office session to increase his commitment to investments in the United States from uh an announced $600 billion to a full $1 trillion.Interesting interplay between the two leaders there as they talked about how much the Saudis would ultimately end up investing. But Muhammad bin Salman expressing optimism a ...

Federal Reserve Governor Michael Barr warns that weakening the agency’s supervision may lead to “real dangers” that accumulate in the banking system, which over time might sow the seeds of a crisis https://t.co/71onjlRcVE ...

Economic Growth and Tax Cuts - Wages are rising faster than prices, with real income increasing and grocery prices only rising by 2.1% [2][17] - Economic growth is expected to continue, with potential growth rates reaching 4% to 5% in the near future, positively impacting real wages and the economy [5][14] - The tax cuts enacted in July are anticipated to show significant refunds in the first quarter of the following year, contributing to economic strength [9][27] Inflation and Affordability - The current inflation rate, particularly in grocery prices, is being misrepresented by the media, as prices are barely rising [7][8] - The affordability crisis is being challenged by the increase in real income, which has risen by $1,200 since Trump took office [17][18] - Housing prices are expected to decrease as new housing units come online, which will positively affect the Consumer Price Index (CPI) [10][12] Federal Reserve and Monetary Policy - The Federal Reserve's current policies are criticized for not aligning with economic growth, leading to higher inflation instead of lower prices [4][23] - There is a call for the Federal Reserve to reduce its balance sheet to allow for lower interest rates, which would benefit small and medium-sized businesses [20][21] - Ethical concerns regarding insider trading among Federal Reserve officials have been raised, indicating a need for better compliance and management within the institution [29][34]

Because tariffs hurt, rather than help, economic growth, the Federal Reserve might have to put up with a softer-than-ideal labour market to keep a lid on prices in 2026 https://t.co/mGjRETqTjQ ...

Core Points - Adriana Kugler, a former Federal Reserve Board Governor, violated the central bank's stock trading rules according to a report from the U.S. Government Ethics Office [1] - Kugler resigned from the Fed's Board of Governors three months after her appointment in September 2023, with her financial disclosure report filed on September 11 being declined for certification by Ethics Office officials [2] - The Ethics Office referred the matter to the independent Office of Inspector General for further investigation [3] - Kugler stated that certain trading activities were conducted by her spouse without her knowledge, asserting that there was no intention to violate any rules or policies [4]

Let's start first of all with a broad macro question. Is a 50-year mortgage good for the housing market. >> You know, the administration's very admiraable in trying to help the housing market, but at this point in time, you know, getting a 50-year amortization loan wouldn't benefit the housing market too much.uh if mortgage rates just head down towards 6% like it has recently and just stays here for a longer period of time, the 30-year fix is is perfectly fine just to get sales to grow just a little bit. >> ...

Bank of England policymaker Megan Greene warned that mounting political pressure on the Federal Reserve’s independence could spill over to the UK https://t.co/IsrQIlfbY5 ...