Real-time Financial News

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2024-05-06 Monday
  • 01:34:55

    Wells Fargo CEO: There is no reason for banks to take responsibility for failure unconditionally.

  • 01:34:32

    Former U.S. Treasury Secretary Mnuchin: If the FDIC insurance system is not resolved, regional banks will be at risk.

  • 01:33:48

    Former U.S. Treasury Secretary Mnuchin: Now is the time to solve the problem of deposit insurance.

  • 01:32:56

    White House: The FDIC will continue to monitor the banking sector.

  • 01:32:36

    White House: We have the necessary tools to keep the banking system safe.

  • 01:30:52

    Former U.S. Treasury Secretary Mnuchin: Now is the time to solve the banking crisis, and we need bipartisan legislation.

  • 01:30:24

    White House: President Joe Biden will make it clear that it depends on the actions of Congress.

  • 01:29:49

    White House: President Joe Biden will make it clear to congressional leaders that he will not negotiate the debt ceiling.

  • 01:26:30

    US White House: Deployment of Defense Department personnel at the border is common practice.

  • 01:26:23

    White House: Defense Department personnel sent to Mexico border to perform administrative tasks.

  • 01:25:49

    U.S. Department of Homeland Security: Has asked the Department of Defense to send an additional 1,500 personnel to the southwest border within 90 days.

  • 01:25:07

    The Fed accepted a total of $2.267 trillion from 102 counterparties in fixed-rate reverse repurchase operations.

  • 01:22:00

    White House: Congress should suspend the debt ceiling unconditionally given the time constraints.

  • 01:21:19

    White House: President Biden will discuss starting a separate budget process during a meeting with congressional leaders.

  • 01:20:52

    White House: Threats of possible default and possible economic collapse are dangerous.

  • 01:19:57

    White House: Latest debt ceiling forecast should be a wake-up call for Congress.

  • 01:19:24

    Former U.S. Treasury Secretary Mnuchin: We will soon see inflation return to the range of 3%-4%.

  • 01:19:05

    Wells Fargo CEO: We expect slower economic growth due to Fed rate hikes.

  • 01:18:18

    U.S. natural gas futures extended losses, falling 5%.

  • 01:17:51

    Former U.S. Treasury Secretary Mnuchin: We have experienced a long period of loose monetary policy.

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