Tag: wall street

U.S. surpasses 25 million COVID cases

The U.S has confirmed more than 25 million coronavirus cases, per Johns Hopkins data updated on Sunday. The big picture: President Biden has said he expects the country’s death toll to exceed 500,000 people by next month, as the rate…

Biden picks Warren allies to lead SEC, Consumer Financial Protection Bureau

President-elect Joe Biden has selected FTC commissioner Rohit Chopra to be the next director of the Consumer Financial Protection Bureau (CFPB) and Obama-era Wall Street regulator Gary Gensler to lead the Securities and Exchange Commission (SEC). Why it matters: Both…

Democrats seek progressive overhaul of the U.S. financial system

Now in control of Congress, Democrats are looking to give the U.S. financial system a progressive overhaul, incoming Senate Banking Chairman Sherrod Brown said Friday. It will be a tall task. What we’re hearing: “This committee in the past has…

Tucker Carlson Calls Jill Biden’s Doctoral Dissertation ‘Our National Shame’

Days after Tucker Carlson taunted Jill Biden for using the title Dr, the Fox News personality on Wednesday claimed to be doing his journalistic duty by critiquing the incoming first lady’s doctoral dissertation. (See the videos below.) “Jill Biden’s doctoral dissertation is our…

What’s at stake in the New York mayor’s race

More than 30 candidates — including boldface names like Andrew Yang — are either running or considering a run for mayor of New York, a job that will involve saving a critically wounded city. Why it matters: Not only will…

Vital Signs: Janet Yellen, the very model of a modern Madam Secretary

It is widely tipped that US president-elect Joe Biden will nominate Janet Yellen as Treasury Secretary – one of the most important posts in any administration. She will make for a terrific Treasury Secretary, bringing with her a wealth of…

The winners and losers of the COVID holiday season

The pandemic has upended Thanksgiving and the shopping season that the holiday kicks off, creating a new crop of economic winners and losers. The big picture: Just as it has exacerbated inequality in every other facet of American life, the…

Joe Biden Simply Has No Shame

Joe Biden just put a spotlight on his mindset when he explicitly refused to apologize for fondly recalling how the Senate “got things done” with “civility” as he worked alongside some of the leading racist lawmakers of the 20th century.…