Latest in Banking Committee
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Kash Patel survives Senate committee vote
Kash Patel, President Trump's pick to lead the FBI, received enough votes in the Senate Judiciary Committee to move on in his confirmation process. This comes as the Senate confirms Robert F. ...CBS News - 5h -
Reeves was subject of expenses probe while bank executive, investigation finds
UK chancellor’s LinkedIn profile also changed after BBC says she spent five and a half years working at central bankFinancial Times - 5h -
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Fitch flags ‘contagion growth’ threat as banks load up on private credit
Private credit has become an increasingly popular asset class, with investments from insurance carriers and pension funds to drive returns.MarketWatch - 7h -
Zeldin seeks to recoup billions issued by Biden under 'green bank' program
Environmental Protection Agency (EPA) Administrator Lee Zeldin says he will try to recoup billions of dollars issued by the Biden administration under its “green bank” program. Under the program, ...The Hill - 7h -
First DOGE committee hearing becomes referendum on Elon Musk
The star of the first Delivering on Government Efficiency subcommittee hearing in the House Wednesday was an individual not in attendance: Elon Musk. Democrats on the panel took intense aim at ...The Hill - 1d -
Banks slash savings rates after Bank of England rate cut
Dozens of providers reduce rates or withdraw products following BoE moveFinancial Times - 1d -
How Escalating Violence Is Upending Lives in the West Bank
Since Oct. 7, 2023, Israeli military raids in areas dominated by Palestinian militants in the West Bank have increased, often leaving civilians with limited access to medical care and caught in the ...The New York Times - 1d -
Watch Fed Chair Powell speak live before House Financial Services Committee
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on monetary policy.CNBC - 1d -
Bottom Line: SpaceX signs former chief to House Armed Services Committee chair
Elon Musk’s SpaceX hired Williams and Jensen to lobby on issues related to the national security launch, a Department of Defense program that utilizes commercial launch services to deploy military ...The Hill - 1d -
UK banks to lobby Reeves on hiring top foreign talent
Chancellor’s meeting with financial services groups expected to focus on visas, regulation and taxFinancial Times - 1d -
Palestinians in West Bank fear being pushed out amid heightened violence
While the truce in Gaza holds, Israel is hitting Hamas in the West Bank, and Palestinians there are deeply concerned they, too, could be forced out. Chris Livesay has more.CBS News - 1d -
Become Your Bank: Infinite Banking With an Inflation Hedge
Low interest rates aren’t keeping up with inflation.Inc. - 2d -
Is it risky to open a CD with an online bank? What experts say
Online banks may offer better rates, but there are some potential drawbacks to take into account, too.CBS News - 2d -
Watch Fed Chair Powell testify live before the Senate Banking Committee
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.CNBC - 2d -
Watch live: Powell testifies before Senate Banking Committee
Federal Reserve Chair Jerome Powell will sit before the Senate Banking Committee on Tuesday morning to testify on the agency's monetary policy. The hearing comes as interest rates were held steady ...The Hill - 2d -
Senate committee advances Tulsi Gabbard's nomination as director of national intelligence
A Senate committee has advanced the nomination of Tulsi Gabbard to be the next director of national intelligence with a final vote in the full Senate expected this week. CBS News congressional ...CBS News - 2d -
UBS’s stock got clobbered after earnings. Deutsche Bank says it’s now a buy.
UBS’s stock is now worth buying, after tumbling following the Swiss banking giant’s fourth-quarter earnings report, Deutsche Bank analysts say.MarketWatch - 2d -
Israel's fatal shooting of a pregnant Palestinian woman raises fears in the West Bank
Palestinians say the fatal shooting of a pregnant 23-year-old in a refugee camp in the northern West Bank signals a worrying trend toward more lethal, warlike tactics by Israel in the occupied ...ABC News - 2d -
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5 people killed in a suicide bombing near a bank in northern Afghanistan
Afghan police say a suicide bomber has detonated an explosive device near a bank in northern Afghanistan, killing at least five people and wounding seven othersABC News - 2d -
UK to change ‘unintended’ non-dom hit to overseas bank accounts
The effect of the provision would be reversed pending ministerial sign-off, a Treasury official saidFinancial Times - 2d -
Israel's military ramps up West Bank raids
Israel's military is continuing raids in the West Bank and Palestinians are being driven out of their homes. This comes as the ceasefire deal with Hamas remains fragile. CBS News' Chris Livesay ...CBS News - 3d -
What the end of the penny means for prices and your piggy bank
Talk to end the penny’s production has been bandied about for decades among government officials and economists.NBC News - 3d -
What the end of the penny means for the economy, your piggy bank, and the way America prices items
President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.CNBC - 3d -
Deutsche Bank fined €10mn by Spanish regulator over forex mis-selling
German watchdog BaFin set to conclude its own investigation in coming weeksFinancial Times - 3d -
Israeli forces continue operations in West Bank
As the fragile ceasefire between Israel and Hamas in Gaza continues to hold, Israeli forces have stepped up operations in the West Bank in recent weeks. CBS News foreign correspondent Chris Livesay ...CBS News - 3d -
UK banks to detail IT failures after Barclays outage
MPs on Treasury select committee request information from past two yearsFinancial Times - 3d -
After the ceasefire in Gaza, West Bank Palestinians face more Israeli barriers, traffic and misery
To spend a rush hour these days at any of the traffic-snarled checkpoints outside Palestinian cities in the West Bank is to hear of the endless problems they have brought — families divided, money ...ABC News - 3d -
UK lacks coherent rural policy, says environment committee chair
Alistair Carmichael calls on government to engage with ‘disaffected’ communities as farmers set for latest protestFinancial Times - 3d -
M&S boss says retailers 'raided like a piggy bank'
Stuart Machin says the sector is facing a wave of tax rises and the government needs to "lighten the burden".BBC News - 4d -
Sharing Bank Accounts Can Deepen a Couple’s Relationship
Fewer couples are combining their bank accounts. But that trend may not promote partners’ overall financial health, experts say.The New York Times - 4d -
Bennett Stirtz, Tavion Banks lead Drake over Indiana State 85-81 in OT for 10th win in row
Bennett Stirtz had 20 points and Tavion Banks scored seven of his 11 in overtime to rally Drake to an 85-81 victory over Indiana State, upping the Bulldogs’ win streak to 10ABC News - 4d -
Trump 2.0 may create powerful tailwinds for two vastly different groups: big banks and small caps
Two exchange-traded fund experts deliver plays that should deliver multi-year gains.CNBC - 4d -
UMBC plays Maine after Banks' 30-point performance
UMBC Retrievers (11-13, 3-6 America East) at Maine Black Bears (15-9, 7-2 America East) Orono, Maine; Saturday, 2 p.m. EST BETMGM SPORTSBOOK LINE: Black Bears -5.5; over/under is 146.5 BOTTOM ...ABC News - 5d -
NCAA committee to consider coaches’ proposal to combat ‘unethical behavior’ of fake injuries
Feigning injuries, sometimes at the coach’s instruction, has become a tactic defenses use to slow down tempo offenses or as a way for an offense to avoid a delay of game penalty or get an extra ...Yahoo Sports - Feb. 6 -
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.The New York Times - Feb. 6