
Breaking economy totally Trump has called 4 #termination of #FederalReserve Chairman #JeromePowell in a dispute over #interestrates, cutting across the political independence of US #centralbank. The Federal Reserve's decision-making is supposed to be free [not any more] from #political interference so it can make calls it believes are right for country and the economy rather than in the interests of presidents or lawmakers. #economy #financialsystem #financialstability https://www.newsweek.com/trump-demands-termination-fed-jerome-powell-rates-2060933
https://www.europesays.com/uk/16734/ Brexit reset tested as Brussels and London fight about finance – POLITICO #Banking #BaselIII #Brexit #Britain #Companies #Competitiveness #DonaldTrump #EU #Europe #European #EuropeanUnion #Finance #FinancialServices #FinancialStability #GreatBritain #Growth #Industry #KeirStarmer #Markets #payments #RachelReeves #Regulatory #Services #Stability #UK #UnitedKingdom #UnitedStates
#Republican strategist Stuart Stevens, senior advisor for the Lincoln Project, is arguing that monied interests and economic giants #BigTech #WallStreet #bankers #billionaires are complicit in ruining the nation as they blindly follow a president determined to sink markets in both the United States and around the world. #tariffs #economy #financialstability #risk #economics #Trump #maga #wealth #money #power #politics #fear #complicit #collusion #democracy #congress https://www.alternet.org/ceos-trump-policies/
Nomi Prins on the Debt Spiral: When Will It Stop?| @nomiprins
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#debt #economy #congress #inflation #economics #budget #imf #financialstability #worldbank #economicgrowth #debtceiling #globaleconomy #financialcrisis
Trump’s Executive Orders Leave Imprint on the Federal Reserve Board - The central bank has halted #hiring to align with #WhiteHouse directive and pulled back its work on climate change. The Fed is independent - receives no taxpayers dollars - they folded - so now the #economy is totally in #trump #musk #control #powell #hiring #freeze #climate #climatecrisis #economy #finance #financialstability
#Trump Issues #Crypto #ExecutiveOrder to Pave U.S. #DigitalAssetsPath. #DonaldTrump has signed a long-awaited crypto order that sets a federal agenda meant to move U.S. digital assets businesses into friendly #oversight. #fraud #corruption #financialstability #economy #finance https://www.coindesk.com/policy/2025/01/23/trump-issues-crypto-executive-order-to-pave-u-s-digital-assets-path-reports #regulations #govdocs #legalresearch
"The world’s #FinancialStability watchdog has warned that disasters caused by #ClimateChange are increasingly likely to trigger broader panic in financial markets.
“There could also be an abrupt, broad-based repricing of climate-physical risk, as the expectation of larger future losses are incorporated into current prices and impact sectors and jurisdictions not currently directly affected by disasters.” "
https://www.ft.com/content/c907d5f7-1a85-4527-8970-d0e157138f7e
Abortion access is a powerful predictor of women’s long-term future in the United States https://www.psypost.org/abortion-access-is-a-powerful-predictor-of-womens-long-term-future-in-the-united-states/?utm_source=dlvr.it&utm_medium=mastodon #AbortionAccess #WomensRights #ReproductiveHealth #EducationEquality #FinancialStability
#California Fires Expose a $1 Trillion Hole in US Home #Insurance. #Homeowners in increasingly risky areas can’t obtain adequate coverage as insurers flee the state to avoid losses. #risk #financialstability #housing #economy #climatecrisis #wildfires https://www.bloomberg.com/opinion/articles/2025-01-08/california-wildfires-expose-a-458-billion-hole-in-home-insurance
Alarmed? Rather we are Horrified! ‘Co-president’ #ElonMusk #Trump ally tests influence in spending fight. The unelected tech #billionaire’s outsize role in sending the federal #government careening toward a potential shutdown alarmed #Democrats, academics and watchdog groups. https://www.washingtonpost.com/politics/2024/12/19/co-president-elon-musk-trump-ally-tests-influence-spending-fight/ #democracy #congress #legislation #politics #MAGA #GOP #economy #financialstability
#Trump transition team exploring ways to significantly #reduce, #merge, or even #eliminate top #bank #regulators in Washington WSJ reported on Thursday.. In recent interviews with potential candidates for leading these regulatory agencies, Trump advisers and officials from the newly established Department of Government Efficiency #DOGE have inquired about the possibility of the president-elect abolishing the #FDIC #banking #financialcrisis #financialstability #finance #economy #WallStreet
Analysts: French budget dispute unlikely to trigger Greece-style economic collapse https://www.euractiv.com/section/economy-jobs/news/analysts-french-budget-dispute-unlikely-to-trigger-greece-style-economic-collapse/?utm_source=dlvr.it&utm_medium=mastodon #budgetdeficit #debt #EmmanuelMacron #EUeconomy #financialstability
#LLRX AI In Finance & Banking 7/15/24 https://www.llrx.com/2024/07/ai-in-finance-and-banking-july-15-2024/ 6 highlights - We need bold minds to challenge AI, not lazy prompt writers, bank CIO says; Managing AI in banking: are we ready to cooperate?; The gen AI gender gap; Will User-Contributed AI Training Data Eat Its Own Tail?; Demand for AI in Settlement Negotiations; & Artificial intelligence a central bank’s view. #AI #banking #finance #financialstability #AIprompts #prompts #fintech #financialtechnology #education #workforce #KM
#AI in #Banking & #Finance, 6/15/24. Sabrina I. Pacifici highlights news, govt reports, NGO/IGO papers, industry white papers, academic papers, speeches AI’s fast paced impact on #banking & #finance sectors. 5 highlights from this post: Financial regulators have ‘insufficiently’ addressed #hedgefunds’ use of AI; 2024 Conference on Artificial Intelligence & #FinancialStability; Two AI Truths and a Lie; Simple #Macroeconomics of AI; Rise of AI at #JPMorganChase https://www.llrx.com/2024/06/ai-in-banking-and-finance-june-15-2024/ #economics
Central banks should be fighting the #climate crisis – here’s why
"Our recent research points out that their policies have been slowing down – rather than speeding up – transformative climate action. The problem is these banks focus on #FinancialStability in the near term, which means propping up a status quo which promotes further climate instability. And that means they are making things more unstable in the long term."
https://theconversation.com/central-banks-should-be-fighting-the-climate-crisis-heres-why-217744