Warren warns Powell against weakening Basel III Endgame regulations

Warren warns Powell against weakening Basel III Endgame regulations

Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, in the Dirksen Building in Washington, D.C., on Oct. 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Elizabeth Warren, D-Mass., is accusing Federal Reserve Chair Jerome … Read more

Immigrants help keep job growth high as inflation cools

Immigrants help keep job growth high as inflation cools

U.S. President Joe Biden greets members of the U.S. Border Patrol at the U.S.-Mexico border in Brownsville, Texas, U.S., February 29, 2024. Kevin Lamarque | Reuters Immigration — both authorized and unauthorized — has helped the U.S. job market sustain a fiery run in recent months without reigniting inflation, economists and analysts say. The effect … Read more

What Trump told CEOs in their private meeting

What Trump told CEOs in their private meeting

Republican presidential candidate, former U.S. President Donald Trump gives remarks to the press at the National Republican Senatorial Committee building on June 13, 2024 in Washington, DC. Anna Moneymaker | Getty Images Donald Trump huddled with at least 80 CEOs on Thursday in Washington with a clear pitch to them: If he is elected president … Read more

Trump CEO meeting to include Dimon, Fraser, Moynihan

Trump CEO meeting to include Dimon, Fraser, Moynihan

US President Donald Trump gestures as CEO of Bank of America Brian Moynihan (L) speaks during a meeting with banking leaders to discuss how the financial services industry can meet the needs of customers affected by COVID-19 at the White House in Washington, DC on March 11, 2020. Brendan Smialowski | AFP | Getty Images … Read more

Donald Trump to speak at private CEOs meeting, weeks after conviction

Donald Trump to speak at private CEOs meeting, weeks after conviction

Former US President and Republican presidential candidate Donald Trump points as he arrives back at Trump Tower after being convicted in his criminal trial in New York City, on May 30, 2024.  Timothy A. Clary | AFP | Getty Images Former President Donald Trump will attend a private meeting with one of the most powerful … Read more

Wall Street ponders what happens to booming private credit market when you-know-what hits the fan

Wall Street ponders what happens to booming private credit market when you-know-what hits the fan

Michael Arougheti, Ares Management Corporation Co-Founder, CEO & President Adam Jeffery | CNBC The explosion of private credit has been met with a whole host of concerns, but among the louder ones more recently is that the industry has not experienced a downturn at scale. And therefore, what does that mean for borrowers when there’s … Read more

U.S. could see hard landing, stagflation is worst outcome

U.S. could see hard landing, stagflation is worst outcome

JPMorgan Chase‘s chairman and CEO Jamie Dimon says the U.S. economy could see a “hard landing.” When asked by CNBC’s Sri Jegarajah about the prospect of a hard landing, Dimon replied: “Could we actually see one? Of course, how could anyone who reads history say there’s no chance?” The CEO was speaking at the JPMorgan … Read more

JPMorgan stock is too expensive

JPMorgan stock is too expensive

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Jamie Dimon thinks shares of JPMorgan Chase are expensive. That was the message the … Read more

JPMorgan CEO Jamie Dimon hints at retiring within 5 years

JPMorgan CEO Jamie Dimon hints at retiring within 5 years

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the UK Global Investment Summit at Hampton Court Palace in London, UK, on Monday, Nov. 27, 2023.  Bloomberg | Bloomberg | Getty Images Jamie Dimon’s days as CEO of JPMorgan Chase are numbered — though its unclear by how much. In a response to … Read more

Soaring debt and deficits causing worry about threats to the economy and markets

Soaring debt and deficits causing worry about threats to the economy and markets

A view shows the U.S. Capitol in Washington, U.S., May 9, 2024.  Kaylee Greenlee Beal | Reuters Government debt that has swelled nearly 50% since the early days of the Covid pandemic is generating elevated levels of worry both on Wall Street and in Washington. The federal IOU is now at $34.5 trillion, or about … Read more