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Factbox-How Trump's bank regulators are paring back supervision

Factbox-How Trump's bank regulators are paring back supervision

By Pete Schroeder and Michelle Price WASHINGTON, May 26 (Reuters) - Republican President Trump's regulators are undertaking the biggest overhaul of bank supervision since the 2008 financial crisis.
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Morning Bid: Wrong sort of 'boom' to start the week

Morning Bid: Wrong sort of 'boom' to start the week

By Mike Dolan May 26 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets After a long weekend in the United States and many other countries, markets returned ready to cheer signs that an Iran peace plan was near agreement, with world crude
TheStreet TheStreet
JPMorgan, BofA, Citi investors get good news from Fed, FDIC

JPMorgan, BofA, Citi investors get good news from Fed, FDIC

Big banks are strange companies to own. From the outside, they look slow and lumbering. From the inside, they are a single bad weekend away from a phone call to the Treasury Department. That tension is what makes investing in them so hard. It is also the whole reason an unglamorous piece of ...
Reuters Reuters
Analysis-Trump and Warsh's fates are now tied, for better or worse

Analysis-Trump and Warsh's fates are now tied, for better or worse

By Howard Schneider and Jacob Bogage WASHINGTON, May 25 (Reuters) - Former U.S. Federal Reserve Chair Jerome Powell was a handy foil for President Donald Trump, a target of blame for everything from high mortgage interest rates to the pace of economic growth.
Trendline Trendline
Kevin Warsh Sworn in as Federal Reserve Chair Amid Calls for Independence

Kevin Warsh Sworn in as Federal Reserve Chair Amid Calls for Independence

Kevin Warsh Sworn in as Federal Reserve Chair Amid Calls for Independence
Reuters Reuters
US Justice Department seeks to lift injunction on ballroom project after shooting

US Justice Department seeks to lift injunction on ballroom project after shooting

May 25 (Reuters) - The U.S. Justice Department has again asked a federal judge to lift an injunction holding up progress on President Donald Trump's ballroom project, saying Saturday's shooting outside the White House showed an urgent need for improved security.
AP News AP News
The Latest: Iran deal progress is murky after US military says it carried out ‘self-defense’ strikes

The Latest: Iran deal progress is murky after US military says it carried out ‘self-defense’ strikes

President Donald Trump insists a peace deal is close on this 88th day of the Iran war, but Iran on Tuesday denounced U.S. strikes a day earlier as a sign of “bad faith and unreliability” as negotiations continue
TheStreet TheStreet
Investors drop bold Fed rate-cut signal to Warsh

Investors drop bold Fed rate-cut signal to Warsh

Is Kevin Warsh going to be a markets-friendly Fed Chair? In one word, yes. But not in the short term, investors agree. They hope that the “regime change” Warsh promised during his nomination process will keep the U.S. economy as resilient as Warsh’s 18 new colleagues at the central bank say it is. ...
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Trump, near 80, to have annual physical amid scrutiny of recent ailments

Trump, near 80, to have annual physical amid scrutiny of recent ailments

By Bo Erickson WASHINGTON, May 26 (Reuters) - U.S. President Donald Trump, who turns 80 next month, will undergo his routine annual physical on Tuesday at Walter Reed National Military Medical ​Center, following a year of public attention on apparently minor health issues.
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India, US discuss Middle East, trade as Rubio cites progress on Iran conflict

India, US discuss Middle East, trade as Rubio cites progress on Iran conflict

By Michael Martina and Saurabh Sharma NEW DELHI, May 24 (Reuters) - U.S.
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Rubio touts US energy on India trip meant to repair ties

Rubio touts US energy on India trip meant to repair ties

By Michael Martina, David Brunnstrom, Simon Lewis and Trevor Hunnicutt NEW DELHI, May 23 (Reuters) - U.S.
TheStreet TheStreet
White House makes bold $2 billion bet on quantum stocks

White House makes bold $2 billion bet on quantum stocks

For most of American economic history, the federal government has been a customer of innovation, not an owner of it. The Pentagon writes checks for fighter jets. NASA pays contractors to build rockets. The Energy Department funds the national labs that work on science nobody else will pay for. But ...