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Fed banks vs Sen Toomey in war of words over climate and social justice issues

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The Fed chair has an army of Biden fans Liberal groups have other dreams

POLITICO Biden’s biggest remaining personnel decision meets heat from the left The biggest force standing between Jerome Powell and a second term as Fed chair may be an activist left prepared to create a spectacle. Senior White House officials believe Federal Reserve Chair Jerome Powell has done a good job of aiding the economy and supporting the markets. | Susan Walsh-Pool/Getty Images Link Copied The Biden administration’s top economic aides like him. Lawmakers on both sides of the aisle respect him. And investors lapping up the rewards of loose money seem to love him. Even a potential rival for his job has endorsed him.

Will floundering FSOC gain more relevance under Yellen?

Will floundering FSOC gain more relevance under Yellen?
nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.

Will floundering FSOC gain more relevance under Yellen?

Will floundering FSOC gain more relevance under Yellen?
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

Wall Street faces Washington crackdown after GameStop rollercoaster

POLITICO Wall Street faces Washington crackdown after GameStop rollercoaster The frenzy surrounding the trading of GameStop stock is triggering Washington’s most intense scrutiny of Wall Street in more than a decade. Reddit s users have said they wanted to punish hedge funds that were betting on further declines in GameStop and other struggling companies. As the stock rose, the short sellers suffered. | Spencer Platt/Getty Images Link Copied The frenzy surrounding the trading of GameStop stock is triggering Washington’s most intense scrutiny of Wall Street in more than a decade, teeing up hearings and investigations that threaten brokers and hedge funds at the center of the turmoil.

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