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Fed, Bowman and Senate

Banking Dive · 8h

Senate confirms Bowman as Fed supervision czar

The 48-46 party-line vote hints at partisan rancor and concern by Democrats about deregulation and the central bank’s independence.

Washington Examiner on MSN · 18h

Senate confirms Trump nominee Bowman to be top Fed bank regulator

Michelle Bowman, President Donald Trump’s nominee to be the top bank regulator at the Federal Reserve, has been confirmed by a full Senate vote. The Senate voted 48-46 on Wednesday evening to approve Bowman’s nomination to be the Fed’s vice chairwoman for supervision.

Reuters on MSN · 22h

Fed's Bowman confirmed by Senate to central bank's top regulatory post

Federal Reserve Governor Michelle Bowman was confirmed to the central bank's top regulatory post by the U.S. Senate on Wednesday, where she is expected to push an agenda aimed at easing rules for banks.

federal reserve, ECB and Trump

Investopedia on MSN · 5h

The ECB Lowered Interest Rates Again. Trump Has Pushed the Fed to Do the Same

The European Central Bank cut interest rates Thursday, putting the body further ahead of its U.S. counterpart in moving toward a less restrictive monetary policy—likely to the chagrin of President Donald Trump.

The Wall Street Journal · 9h

ECB Cuts Rates Again, Widening Gap With Fed

The European Central Bank cut its key interest rate to the lowest level since early 2023, a response to slowing inflation and threats to growth from President Trump’s trade war. The move deepens a divergence with the U.

Reuters on MSN · 1d

Trump says Fed's Powell must lower interest rate - Truth Social post

U.S. President Donald Trump on Wednesday redoubled his calls for Federal Reserve Chair Jerome Powell to lower interest rates, noting that payroll processing firm ADP reported that job creation slowed in May.

Fed removes restrictions on Wells Fargo

New York Post on MSN · 2d

Wells Fargo asset cap axed by Fed after ‘substantial progress’ from fake accounts scandal

The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank had directly ordered a bank to stop growing in order to address

Associated Press News on MSN · 1d

Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal

The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture.

The New York Times · 1d

Fed Removes Shackle Imposed on Wells Fargo After Series of Scandals

For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and mistakenly seizing homes.

2hon MSN

Businesses Expect to Pass Along 50% of Tariffs, Fed Survey Finds

Business expect to pass through roughly half of tariff-related expenses to US consumers still reeling from the pandemic-era ...

5hon MSN

Fed's Kugler: with upside risks to inflation, rates should stay where they are

(Reuters) -Federal Reserve Governor Adriana Kugler on Thursday said she supports keeping short-term U.S. borrowing costs at ...

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