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Donald Trump taps World Bank critic David Malpass to lead the international finance agency

David Malpass, a top official in the Treasury Department and frequent World Bank critic, is President Trump's pick to lead the international finance agency. .....»»

Category: topSource: usatodayFeb 6th, 2019

Judy Shelton’s Fed nomination could be in trouble as key GOP senators express concerns about ‘outlier’ views

Sen. Toomey, Patrick J. (R-Pa.) said he was “not sure” if President Trump's pick would uphold Federal Reserve independence, a key tenet for the central bank and one that Shelton was asked about several times......»»

Category: topSource: washpostFeb 13th, 2020

Trump"s latest Fed pick heads to her confirmation hearing Thursday. She backs the gold standard, near-zero interest rates, and less central bank independence.

CNBC President Donald Trump has tapped former White House economic adviser Judy Shelton for a powerful position at the Federal Reserve. Shelton has for.....»»

Category: topSource: businessinsiderFeb 12th, 2020

The gold standard, near-zero interest rates, less central bank independence: Trump"s latest Fed pick backs unusual economic policies

CNBC President Donald Trum.....»»

Category: topSource: businessinsiderFeb 1st, 2020

Trump"s Fed pick Judy Shelton questions need for independent central bank

Her remarks go against a widely heralded beliefs on Wall Street and inside the Fed.....»»

Category: topSource: foxnewsNov 22nd, 2019

Company making Costco pajamas flagged for forced labor

The Trump Administration is blocking shipments from a Chinese company making baby pajamas sold at Costco warehouses, after the foreign manufacturer was accused of forcing ethnic minorities locked in an internment camp to sew clothes against their will......»»

Category: topSource: moneycentralOct 8th, 2019

Market Extra: J.P. Morgan made a ‘Volfefe’ index to track how Trump tweets move the bond market — here’s what it shows

The bank has created an index to gauge how Trump tweets — 10,000 since taking office — have influenced moves in implied rate volatility for two-year and five-year Treasury notes......»»

Category: topSource: marketwatchSep 9th, 2019

Trump says euro dropping "like crazy" against dollar, blames Fed

U.S. President Donald Trump on Friday accused the U.S. Federal Reserve Bank of inaction as the euro slid in value against the dollar, something he said gave European countries a big trade advantage......»»

Category: topSource: reutersAug 30th, 2019

Treasury Targets Chinese "Kingpins" In Opioid Distribution Crackdown

The Trump administration on Wednesday announced a crackdown on international opioid trafficking, including coordinated actions by the US Treasury against Chinese nationals accused of being "significant foreign narcotics traffickers."  The.....»»

Category: blogSource: zerohedgeAug 21st, 2019

Bond Report: 10-year Treasury yield hits lowest since Trump election after Fed hints at rate cut

U.S. Treasury yields trade lower on Wednesday after the policy statement from the Federal Reserve’s two-day meeting suggests the central bank could cut rates later this year......»»

Category: topSource: marketwatchJun 19th, 2019

Trump targets euro, renews attack on Federal Reserve

U.S. President Donald Trump accused Europe of devaluing the euro zone's single currency in a series of tweets Tuesday that also targeted U.S. monetary policy with renewed attacks on the U.S. central bank......»»

Category: topSource: moneycentralJun 11th, 2019

Trump targets euro, renews attack on Federal Reserve

U.S. President Donald Trump accused Europe of devaluing the euro zone's single currency in a series of tweets Tuesday that also targeted U.S. monetary policy with renewed attacks on the U.S. central bank......»»

Category: topSource: moneycentralJun 11th, 2019

Chicago bank CEO Stephen Calk charged with bribery, accused of issuing Manafort loans in attempted trade for Trump post

Stephen Calk, the founder and CEO of Feder.....»»

Category: topSource: chicagotribuneMay 23rd, 2019

Chicago bank CEO charged with trying to bribe Trump administration

Federal Savings Bank CEO Stephen M. Calk was charged Thursday with financial institution bribery. Calk, 54, was accused of using his position as head of a federally insured bank to issue $16 million dollars in high-risk loans to secure a position .....»»

Category: topSource: bizjournalsMay 23rd, 2019

Deutsche Bank Staff Eyed Trump, Kushner Transactions, NYT Says

The specialists recommended the matter be referred to a unit of the Treasury Department that polices financial crimes, the newspaper reported on Sunday. Multiple tran.....»»

Category: europeSource: fortuneMay 19th, 2019

Trump said to weigh Judy Shelton — author of op-ed ‘The case for monetary regime change’ — as Fed board pick

Trump administration considers Judy Shelton, U.S. director for The European Bank for Reconstruction and Development, to fill one of two vacancies on the Federal Reserve’s Board of Governors, according to a Bloomberg News......»»

Category: topSource: marketwatchMay 12th, 2019

Fed"s Powell treads carefully as Trump"s central bank pick faces trouble

Conservativ.....»»

Category: topSource: reutersMay 2nd, 2019

Herman Cain withdraws bid to join Federal Reserve, but Trump still eyes allies for central bank

With Cain out, pressure heats up on the president’s other pick for the Fed board: Stephen Moore......»»

Category: topSource: washpostApr 23rd, 2019

Trump loyalist David Malpass is appointed World Bank Group president

Senior U.S. Treasury official David Malpass.....»»

Category: topSource: latimesApr 5th, 2019

Lawsuit: Sater looked to launder cash through Trump projects

A Soviet-born convicted felon who worked on real estate deals with President Donald Trump was accused in a lawsuit Monday of plotting to use Trump-branded skyscrapers to launder money allegedly stolen from a Kazakhstan bank......»»

Category: topSource: foxnewsMar 26th, 2019