FCA to lift ban on crypto ETNs to support UK growth and competitiveness

WHITE HOUSE TRADE ADVISER NAVARRO: EXPECT U.S.-CHINA MEETING TO TAKE PLACE WITHIN SEVEN DAYS NAVARRO: U.S.-CHINA MEETING EXPECTED WITHIN A WEEK White House trade adviser Peter Navarro says a U.S.-China meeting is likely within seven days. Comes amid rising trade friction and renewed urgency for diplomatic engagement. #USChina #TradeTalks #Navarro #Geopolitics … pic.twitter.com/TediWhTlWb

Employment was little changed in May (+8,800; +0.0%) and the employment rate held steady at 60.8%. The unemployment rate rose 0.1 percentage points to 7.0%. In May, employment ...

“Too Late” at the Fed is a disaster! Europe has had 10 rate cuts, we have had none. Despite him, our Country is doing great. Go for a full point, Rocket Fuel! If “Too Late” at the Fed would CUT, we would greatly reduce interest rates, long and short, on debt that is coming due. Biden went mostly short term. There is virtually no inflation (anymore), but if it should come back, RAISE “RATE” TO COUNTER. Very Simple!!! H...

It is a pleasure to join you today for my first public remarks as the Federal Reserve Board's Vice Chair for Supervision. Today, I will describe my approach to leading the Fed's Division of Supervision and Regulation in its vital work to promote the safe and sound operation of the U.S. banking system. I have spoken extensively in the past about my principles for supervision and regulation, which will continue to guide my approach to supervision and the bank regulatory framework. At the core of these principles is pragmatism, which focuses on first identifying the problem to be solved and then developing efficient solutions. Once we have identified a need for reform, or a problem to be solved, our next task is to conduct a careful analysis of the intended and unintended consequences of any proposed policy solution, and to consider alternative approaches that lead to lower cost or better outcomes. The views I share with you today reflect my initial thoughts about how these principles should be incorporated into the important work that will be required to improve supervision and regulation in the future, addressing: (i) enhancing supervision to more effectively and efficiently meet the Fed's safety and soundness goals; (ii) reviewing and reforming the capital framework to ensure that it is appropriately designed and calibrated; (iii) reviewing regulations and information collections to ensure that this framework remains viable; and (iv) considering approaches to ensure the applications process is transparent, predictable, and fair. Fed's Bowman: Regulators and Congress should reconsider bank size thresholds for assigning bank rules. Fed's Bowman: The fed will be reviewing a wide range of existing guidance. Fed's Bowman: Bank regulators will publish a proposal in the near future to refine the enhanced supplementary leverage ratio.