Latest in Reason Fed
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Michael Barr to Leave His Role as Fed Vice Chair for Supervision
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.The New York Times - 7h -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - 14h -
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - 14h -
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Micah Parsons recruiting Tyreek Hill to Cowboys, pitches key reasons for Dolphins WR to team up in Dallas
Could Hill end up in Dallas?CBS Sports - 12h -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - 12h -
Lawsuit alleges Biden blocked US Steel-Nippon Steel merger for political reasons
The Biden administration blocked the deal over alleged national security concerns.ABC News - 15h -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - 15h -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - 15h -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - 21h -
Channel migrants: The real reason so many are fleeing Vietnam for the UK
More Vietnamese attempted small-boat crossings in early 2024 than any other nationality - what makes them risk this dangerous journey?BBC News - 1d -
Feds find bomb-making material in home of New Orleans attacker
New Orleans is ramping up security in the aftermath of the New Year's Day terror attack that killed 14 people and wounded dozens more. The city is set to host the Super Bowl and Mardi Gras ...CBS News - 3d -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - 3d -
Here are the reasons not to worry too much about short-seller report on Carvana, according to these analysts
J.P. Morgan says its own deep dives on Carvana have not uncovered “any red flags.”MarketWatch - 3d -
JetBlue fined $2 million by feds for "chronic flight delays"
JetBlue is the first carrier to be penalized by the Department of Transportation for unrealistic scheduling practice.CBS News - 3d -
Battle for NFC's No. 1 seed: Three reasons why Vikings are a stronger Super Bowl contender than Lions
The Vikings may have a stronger Super Bowl case entering the Week 18 showdown with the LionsCBS Sports - 3d -
It's Christmas for the elephants as unsold trees are fed to the animals at Berlin Zoo
For the elephants and others at the Berlin Zoo, it’s finally time to unwrap their Christmas presentsABC News - 3d -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - 4d -
3 big reasons to pursue credit card debt forgiveness this January
Debt forgiveness can be a smart way to move forward from your high-rate card debt — especially right now.CBS News - 4d -
Ron Johnson: Reducing 'out of control' government spending is not only 'reasonable but doable'
Sen. Ron Johnson (R-Wis.) doubled down on a conservative plan to reduce government spending with new proposals outlined in an op-ed published by The Wall Street Journal. “Federal spending is out of ...The Hill - 4d -
Here’s the Reason U.S. Auto Sales Could Accelerate in 2025
Reduced inventories of cars amid enduring supply chain limitations are finally expanding again, lowering prices for buyers, and fueling sales growth for dealers.Inc. - 4d