U.S. Treasury Secretary Janet Yellen warned on Thursday of the potential failure of non-bank lenders if household finances became stretched and the rate of delinquencies on loans rises. Speaking before…
Rep. Maxine Waters (D-Calif.) said in an interview on Wednesday that a deal on the stablecoin bill is nearly complete. What Happened: Waters, speaking with Politico on Feb. 7, said,…
In a recent interview on Bloomberg Television’s “Wall Street Week” with David Westin, Lawrence Summers, the former U.S. treasury secretary, shared his insights on the current economic climate. Summers focused on the surprising…
A prominent strategist warned that the proposed 10% tariff by former President Donald Trump could have a significant impact on the global economy. What Happened: Michael Every, a global strategist…
Renowned investor Stanley Druckenmiller has strongly criticized Treasury Secretary Janet Yellen for what he calls the “worst mistake in the history of the Treasury,” leading the U.S. towards a potential debt crisis. Druckenmiller,…