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21 May 2023, 9:00 pm
Even when the fateful moment comes, the President could still do what is necessary.To be clear, it is probably a good thing that no one (including us) outside of Biden’s inner circle knows whether plans are already in the works to have the Treasury sell new securities indirectly to the Federal Reserve, to systemically important banks, or even to the public in a plain-vanilla bond auction on June 2 (or on whatever date it would be needed). [read post]
17 May 2023, 9:02 pm
This question is especially important because the Federal Reserve can use so-called Dealer Banks to indirectly buy Treasuries, and because mega-banks could also step in and stabilize the market. [read post]
15 May 2023, 5:00 am
The coverage of the recent disclosure of dozens of LLCs and bank accounts used to funnel up to $10 million to Biden family members captured the growing concerns over a de facto state media in the United States. [read post]
14 May 2023, 9:00 pm
So even without calling state and local governments part of the government as a whole or treating the independent central bank’s balance sheet as part of the federal government, it would take only a minimum of insight to observe that the government today is in fact almost seven trillion dollars below the debt ceiling.Longstanding and unexamined assumptions would thus give way to a more expansive (and arguably better) reading of the debt ceiling statute—a statute that, to be… [read post]
11 May 2023, 6:03 am
Therefore, the Biden administration should work with international organizations, such as the World Bank and the Inter-American Development Bank, to build on the work of the U.S. [read post]
10 May 2023, 7:00 pm
The incriminating evidence comes from thousands of subpoenaed banking records, wire transfers, and electronic transactions contained in more than 170 Suspicious Activity Reports (SARs) that were flagged by banks and sent to the criminal division at the Treasury Department. [read post]
10 May 2023, 6:06 am
Whether for good or ill, the United States has long maintained an outsized influence and role in Nicaragua, and the U.S. government under both presidents Donald Trump and Joe Biden recognized the need to act against its descent into authoritarianism. [read post]
10 May 2023, 3:00 am
Joe Tidy and Antoinette Radford report for BBC News. [read post]
8 May 2023, 9:01 pm
That is, a person could put $100 into a deposit account with a bank, and if the bank pays three percent interest, the person would be able to withdraw three dollars per year forever. [read post]
5 May 2023, 4:00 am
A bank statement shows the source of Martin’s tuition payment for one year at the school was the company of billionaire real estate magnate Harlan Crow. [read post]
2 May 2023, 9:44 am
BANKING AND FINANCE 3. [read post]
1 May 2023, 5:18 am
“The banking giant will take $173 billion of loans and about $30 billion of securities of First Republic Bank including $92 billion of deposits, JPMorgan said in a statement. [read post]
25 Apr 2023, 12:49 pm
(credit: Republican National Committee) Shortly after US President Joe Biden announced his 2024 presidential run—asking Americans to re-elect him so he can “finish the job! [read post]
20 Apr 2023, 8:10 am
That brings the total to nine Biden family members who appear on suspicious transactions or bank records. [read post]
18 Apr 2023, 6:41 am
Comer sought suspicious activity reports sent by banks to the Treasury Department alerting of potential criminal activity in transactions involving President Biden’s family. [read post]
11 Apr 2023, 3:48 am
President Joe Biden has said he will emphasize the U.S. [read post]
31 Mar 2023, 7:44 am
Weeks after the failure of two banks, President Joe Biden is calling for independent regulatory agencies to impose tighter rules on the financial system. [read post]
31 Mar 2023, 2:41 am
Trump’s lawyer Joe Tacopina said that the Secret Service, which provides security detail for the former president, needed more time to prepare. [read post]
22 Mar 2023, 9:37 am
But because the Federal Trade Commission (FTC) recently declared it was going to work toward restricting their use and President Joe Biden made remarks about the practice, the California Legislature is attempting to “tighten the screws a bit further” with a few bills, one of which is AB 747, Roberts says. [read post]
22 Mar 2023, 8:45 am
A great imponderable was Joe Biden’s decision of Sunday, March 12. [read post]
