Elon Musk’s First Order Of Business In Trump Administration: Kill Remote Work
Donald Trump appointee Elon Musk unveiled his first blueprint to radically shrink the federal bureaucracy, which includes a return-to-office mandate.
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SEC Chair Gary Gensler, Who Led US Crackdown On Cryptocurrencies, To Step Down
SEC Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial markets, will step down from his post on Jan 20th.
Trump Could Finally End One Of The Oldest Financial Fights On Wall Street
Investors are ramping up bets that Trump 2.0 will loosen the federal government’s grip over mortgage giants Freddie Mac (FMCC) and Fannie Mae (FNMA).
US Justice Department Seeks Google Chrome Sale To Curb Monopoly
The US Justice Department and a group of states proposed major changes to Alphabet Inc.’s Google — including a forced sale of Chrome web browser.
Fed's Michael Barr, Like His Boss Jay Powell, Won’t Leave If Trump Tries To Fire Him
The Feds top banking regulator said Wednesday he wouldn’t leave before his term was up even if President-elect Donald Trump tried to fire him.
Non-Recessionary Rate-Cutting Cycle Should Support Credit, Pinebridge Says
PineBridge said it is seeing the start of a rare non-recessionary interest rate-cutting cycle that should support performance of fixed income assets.
Fed's Schmid Says It Is Uncertain How Far Interest Rates Can Fall
It remains uncertain how far interest rates can fall, though initial reductions are a vote of confidence that inflation is returning to its 2% target.
