Democrats Face Steep Hurdles to Replace FDIC Chairman in Wake of ‘Abusive’ Conduct at Agency
President Joe Biden and Congressional Democrats have released an explosive report detailing “abuses” and “unprofessional conduct” at the Federal Deposit Insurance Corporation (FDIC), which oversees the Federal Deposit Insurance Corporation (FDIC). If the company decides to replace Chairman Martin Gruenberg in response to this, it will likely face a high hurdle. House Republican Tom Emmer […]
Fed Chairman Powell finds lowering rates too easy to swallow
QI Research CEO Daniel DiMartino Booth and Fixed Income SMA Parametric Managing Director Nisha Patel discuss how inflation is impacting the U.S. economy on how money is made. Federal Reserve Chairman Jerome Powell was keen to take credit for achieving a soft landing for the economy, which is now much harder to achieve. His prediction […]
Goldman Sachs names ex-Dallas Fed chief as vice chairman
Goldman Sachs on Tuesday named former Dallas Federal Reserve Bank President Robert Kaplan as vice chairman. Mr. Kaplan’s new role at David Solomon’s Wall Street behemoth brings the influential former policymaker and Goldman alum to the executive board. Mr. Kaplan, 66, resigned as president of the Dallas Fed in September 2021, citing controversy related to […]
Federal Reserve Chairman: Migration Boosts Mortgage Rates
President Joe Biden’s immigration crisis is causing mortgage rates to rise, putting a strain on young couples and families, according to the president of the Minneapolis Fed. “The long-term impact of increased immigration on inflation is unclear, but immigrants still need a place to live, and their arrival in the U.S. likely increased demand for […]
Republicans Call on FDIC Chairman to Resign in Wake of ‘Abusive’ Conduct at Agency
Republicans on Tuesday called for FDIC Chairman Martin Gruenberg to resign over a report detailing “hostile, abusive, unprofessional, or inappropriate conduct” at the agency he oversees. I asked for An independent review of the Federal Deposit Insurance Corporation (FDIC), conducted by Cleary Gottlieb Steen & Hamilton, was described as “hostile, abusive and unprofessional.” The report […]
Former RNC chairman says Trump campaigns as a candidate ‘afraid of losing’
Former Republican National Committee Chairman Michael Steele criticized Donald Trump’s campaign for continuing to stoke conspiracies around election integrity. Steele offered his reaction as The Weekend co-host after Trump’s comments in Wisconsin, where he implied he would only accept “honest” election results. The former lieutenant governor of Maryland called it a “weak” campaign tactic. “Donald […]
House GOP chairman accuses key government agency of acting as Biden ‘campaign arm’
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EXCLUSIVE: House Oversight Chairman James Comer Threatens To Subpoena DOE Secretary Jennifer Granholm
House Oversight Committee Chairman James Comer sent a letter Friday to Department of Energy Secretary Jennifer Granholm threatening to subpoena her for not agreeing to testify at a scheduled oversight hearing. The Daily Caller first obtained a copy of the letter, where Comer asks Granholm to show up to a May 15 hearing and provide […]
Louisiana Democratic Party selects new chairman
The Louisiana Democratic Party has new leadership. Former state Rep. Randall Gaines was elected Saturday as the political group’s new president after a series of procedures made him the only candidate nominated for the position. His selection ousted Katie Barnhart, who had served as chair for the past four years, The Advocate reported. Six Louisiana […]
Augusta National Chairman shuts down LPGA stars playing Masters course
Augusta National Golf Club is one of the most prestigious golf courses in the world, but it does not host any women’s professional events. Chairman Fred Ridley delivered his annual address Wednesday on the eve of the 88th Masters Tournament. He worked on many issues, including assisting with golf ball rollbacks and LIV Golf’s place […]