The Depository Trust& Clearing Corporation, the premier post-trade market infrastructure for the global financial services industry, announced that the U.S. Securities and Exchange Commission has approved DTCC subsidiary, National Securities Clearing Corporation to offer a new client access model for the Securities Financing Transaction Clearing…
Economic News
Boston Omaha Corporation announced its financial results for the first quarter ended March 31, 2026, in connection with filing its Quarterly Report on Form 10- Q with the Securities and Exchange Commission. During the first quarter of 2026, we had net other expense of $1.0 million, which included a $1.7 non-cash loss from unconsolidated affiliates mainly…
Today, Colorado U.S. Senator Michael Bennet released the following statement after he voted against Kevin Warsh's nomination to serve as the Chairman of the Board of Governors of the Federal Reserve System:. "Today, I voted against confirming Kevin Warsh to serve as Chair of the Federal Reserve. An independent Federal Reserve is an essential feature of our…
The average long-term U.S. mortgage rate edged lower after rising the previous two weeks. The benchmark 30- year fixed rate mortgage rate fell to 6.36% from 6.37% last week, mortgage buyer Freddie Mac said Thursday. Mortgage rates have been mostly trending higher since the war with Iran began.
WASHINGTON, May 14– The Federal Reserve issued the following white paper abstract on May 13, 2026. The white paper, by Celso Brunetti, Jeffery H. Harris and Ioannis Spyridopoulos, was entitled "Does Banking Consolidation Harm Households?" Disclaimer: The economic research that is linked from this page represents the views of the authors and does not indicate…
Today, the Federal Reserve Bank of New York published new data showing that the share of Americans behind on a range of household consumer debts reached all-time highs in the first quarter of 2026. As the nation hurdles toward an historical record of $19 trillion in total household debt, Americans saw the highest rates of auto loan delinquency that FRBNY has…
—The U.S. Senate, in a 54-45 vote, confirmed Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve on Wednesday. The Senate voted closely along partisan lines, with Sen. "The president never asked me to predetermine, commit, fix, decide on any interest rate decision in any of our discussions," Warsh said during a Senate confirmation hearing in April.
WASHINGTON— The Senate confirmed President Donald Trump's nominee to lead the Federal Reserve Kevin Warsh, bringing new leadership to the world's most powerful central bank at a fraught moment for the global economy. Thom Tillis of North Carolina said he would block the nomination while the Justice Department investigated Fed Chair Jerome Powell.
Kevin Warsh is headed for confirmation by the U.S. Senate as the head of the Federal Reserve now that the Senate Banking Committee approved his nomination. More importantly, trust in the U.S. financial system depends on an independent Fed able to make decisions free from political interference. When the U.S. Department of Justice opened an investigation into…
The following information was released by the Financial Services Forum:. Washington, D.C. Financial Services Forum President and CEO Amanda Eversole issued the following statement today after the Senate confirmed Kevin Warsh to serve as the Chair of the Federal Reserve:. "Kevin Warsh has demonstrated his deep understanding of the Fed's role in supporting U.S….
Americans for Limited Government Executive Director Robert Romano today issued the following statement applauding the U.S. Senate's vote to confirm Kevin Warsh as the next Federal Reserve Chairman:. "Kevin Warsh is taking over the Federal Reserve at a period of transition for the U.S. economy. Demand recovered faster than production, and interest rates were…
Anne Lynch has been named assistant vice president for large firm supervision in the Supervision, Regulation, and Credit Division at the Federal Reserve Bank of Minneapolis. The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nations central bank.
Senator Lisa Blunt Rochester, member of the Senate Banking Committee, today voted against the nomination of Kevin Warsh to lead theBoard of Governors of the Federal Reserve System. "The Federal Reserve plays an important role. For families I represent, it's not just about promoting economic growth; it's about the Federal Reserve seeing what people are…
The following information was released by Pennsylvania Senator John Fetterman:. After joining his colleagues in a 54-45 vote to confirm Kevin Warsh as the next Chair of the Federal Reserve, Senator Fetterman today released the following statement:. "I've met Kevin Warsh and believe he will be transparent and responsive to Congress and the public.
The following information was released by Illinois Senator Richard J. Durbin:. U.S. Senate Democratic Whip Dick Durbin, Ranking Member of the Senate Judiciary Committee, released the following statement after voting against the nomination of Kevin Warsh to serve as the next Chair of the Federal Reserve:. The Justice Department must finally put to bed the…
U.S. Senator John Cornyn released the following statement after Kevin Warsh was confirmed as Chairman of the Board of Governors of the Federal Reserve:. "Kevin Warsh has decades of experience in finance and economics that span the public and private sectors, making him an excellent choice by President Trump to serve as Chairman of the Federal Reserve.
The Senate on Wednesday confirmed Kevin Warsh to become the next chair of the Federal Reserve, marking the start of a new era for an institution that President Donald Trump has repeatedly attacked for not lowering interest rates as aggressively as he would like. The president has also repeatedly insulted Powell, threatened to fire him and even backed a Justice…
The Senate on Wednesday voted to confirm Kevin Warsh to succeed Jerome Powell as the next chairman of the Federal Reserve, setting the stage for new leadership at the powerful central bank, which faces pivotal decisions ahead on monetary policy. Thom Tillis put a hold on all of President Trump's nominees to the Fed to protest the Justice Department's criminal…
The Senate on Wednesday voted to confirm Kevin Warsh to succeed Jerome Powell as the next chairman of the Federal Reserve, setting the stage for new leadership at the powerful central bank, which faces pivotal decisions ahead on monetary policy. Thom Tillis put a hold on all of President Trump's nominees to the Fed to protest the Justice Department's criminal…
