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Maxine Waters, Elizabeth Warren Back FDIC Chairman With Agency Under Fire For Toxic Workplace

Maxine Waters, Elizabeth Warren Back FDIC Chairman With Agency Under Fire For Toxic Workplace
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Tech lags broader market rally amid soft retail sales figures - Newsquawk US Market Wrap

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US bank regulators to be grilled by Congress on capital hike plan

The Federal Reserve's top Wall Street cop Michael Barr and other bank regulators will defend plans to hike U.S. bank capital requirements when they appear before Congress this week as they come under increasing pressure from many lawmakers to rein in their efforts. Barr, the Federal Deposit Insurance Corporation's Martin Gruenberg and acting Comptroller of the Currency Mike Hsu will appear before the Senate Banking Committee on Tuesday at 10 a.m. ET (1500 GMT) and the House of Representatives Financial Services Committee on Wednesday at 9:30 a.m. ET (1430 GMT). ....

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Fed's Powell Previews Tougher Rate Hike Path, Starting Soon

Federal Reserve Chair Jerome Powell on Tuesday foreshadowed key elements of the central bank s upcoming rate-setting meeting: A half-point increase is on the table and updated policymaker forecasts ....

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Fed's Powell previews tougher rate hike path, starting soon

Fed's Powell previews tougher rate hike path, starting soon
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