Citizens Financial Group, Inc. today reported fourth quarter and full year 2025 financial results. In addition, these materials will be furnished to the Securities and Exchange Commission on a Form 8- K and will be available on the SEC website at www.sec.gov. The Private Bank hit year end deposits of $14.5 billion, delivering 7% accretion to our bottom line at a…
Economic News
Washington, D.C. Today, U.S. Senators Elizabeth Warren, Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, and Richard J. Durbin, Ranking Member of the Senate Judiciary Committee, sent letters to Attorney General Pamela Bondi and Federal Housing Finance Agency Director Bill Pulte demanding all documents and communications related to…
“I have deep respect for the rule of law and for accountability in our democracy,” Powell said in a two-minute message.“ No one— certainly not the chair of the Federal Reserve— is above the law. His testimony and the renovation itself are“ pretexts,” Powell said, adding:“ The threat of criminal charges is a consequence of the Federal Reserve setting interest rates on our…
Having already watched as Trump's Justice Department launched baseless, vengeful criminal cases against former FBI Director James Comey and New York Attorney General Letitia James, it's tempting for Trump's supporters and opponents alike to shrug at the newly revealed criminal investigation against Federal Reserve Chair Jerome Powell as just more of…
—President Donald Trump's unprecedented bid to reshape the Federal Reserve board is putting the Supreme Court in a familiar position, weighing an emergency appeal from the president’ s lawyers in a politically charged case. The court is hearing arguments Wednesday over Trump's effort to oust Federal Reserve governor Lisa Cook based on allegations she…
Concerns regarding Greenland have dominated Euro trading against other major currencies. This follows recent market anxiety over the future of U.S. Federal Reserve policies. It could quickly drop toward the psychological support level of 1.1500 in the coming days if fears of a persistent conflict between the U.S. and Europe intensify, especially following…
Day in the United States, and that, of course, affected New York trading, but at the end of the day, the market is likely to continue to see all of the same dynamics pushing the Canadian dollar back and forth. The Bank of Canada is basically where it needs to be as far as interest rates are concerned, while the Federal Reserve has been stubbornly hawkish despite the fact…
WASHINGTON— Federal Reserve Chair Jerome Powell will attend the Supreme Court's oral argument Wednesday in a case involving the attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair. The high court is considering whether President Donald Trump can fire Cook, as he said he would do in late August, in an unprecedented…
President Trump's power over the Federal Reserve will be front and center at the Supreme Court next week. Looming over it all is the Justice Department's criminal investigation into Jerome Powell, the Fed's chair, which came into public view last weekend. The Supreme Court's conservative majority has appeared sympathetic to Trump's efforts to eviscerate…
WASHINGTON- The Supreme Court' s review this week of President Donald Trump's attempt to fire a member of the Federal Reserve was always going to pose a key test of how much leeway the justices would give the president to remake and control the central bank. Then the Justice Department issued subpoenas this month as part of a criminal investigation into the Fed…
WASHINGTON- The Supreme Court's review this week of President Donald Trump's attempt to fire a member of the Federal Reserve was always going to pose a key test of how much leeway the justices would give the president to remake and control the central bank. Then the Justice Department issued subpoenas this month as part of a criminal investigation into the Fed…
The Trump administration's escalating campaign against Federal Reserve Chairman Jerome Powell is more than a personal feud over interest-rate policy. It is an attack on the independence of the Fed, which wields enormous influence over the U.S. economy. The Fed has played a crucial role in keeping American monetary policy credible and the markets steady, as…
2026 JAN 19– By a News Reporter-Staff News Editor at Politics, Law& Government Daily– Researchers detail new data in Investment. Financial support for this research came from Bank of Canada. Our news editors obtained a quote from the research from the Federal Reserve Bank of Philadelphia,“ This creates additional demand for houses and increases house prices,…
According to news reporting out of Boston, Massachusetts, by NewsRx editors, research stated,“ We study the mortgage rate channel of monetary policy transmission under two different mortgage regimes by analyzing the United States with primarily long-term fixed-rate mortgages and Spain with mainly annually resetting adjustable-rate mortgages.”.
According to news reporting originating in Princeton, New Jersey, by NewsRx editors, the research stated,“ This Doug Purvis Memorial Lecture, delivered at the 59th Annual Meetings of the Canadian Economics Association in May 2025, explores the evolution, benefits, and modern challenges of central bank independence, focusing on the Bank of Canada.
Trump's Big Beautiful Bill increased U.S. debt and boosted health care costs. In that context comes Trump's latest attack on the Federal Reserve, which will ultimately hurt all Americans. Since returning to office last year, Trump has pressured Federal Reserve Chairman Jerome Powell to speed up interest rate cuts in an effort to boost the economy.
—Federal Reserve Chair Jerome Powell will attend the Supreme Court's oral argument Wednesday in a case involving the attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair. The high court is considering whether President Donald Trump can fire Cook, as he said he would do in late August, in an unprecedented attempt to…
Supreme Court prepares to weigh Trump’s power over Federal Reserve
President Trump's power over the Federal Reserve will be front and center at the Supreme Court next week. Looming over it all is the Justice Department's criminal investigation into Jerome Powell, the Fed's chair, which came into public view last weekend. The Supreme Court's conservative majority has appeared sympathetic to Trump's efforts to eviscerate…
Donald Trump's henchmen are at it again, this time ginning up a phony criminal investigation into Federal Reserve Chair Jay Powell in much the same way that they've tried against Trump antagonists Jim Comey and Tish James. Those persecutions were horrible precedent in their own right, but this, signed off on by the U.S. attorney for D.C., Jeanine Pirro, is a…
