Senate Banking Committee holds recess hearing to advance other nominees. The U.S. Senate narrowly confirmed Keith Sonderling as Secretary of the Department of Labor this week. The narrow…
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Treasury Secretary Outlines Potential Sanctions on China for Financial Support to Iran
The economic pressure on Iran contributed to the reopening of the Hormuz Strait. Treasury Secretary Scott Bessent discussed the “secondary sanctions“ the United States has threatened to impose…
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Senators Questions Fed Banking Regulators
They ask why there was no federal response to the warning signs ahead of the bank’s collapse. The Senate Banking Committee pressed banking regulators on their failure to…
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