Author name: Ricky Vasquez

Tillis drops Warsh objections after DOJ exits Powell case

Key insight: Tillis’ acquiescence opens the door for a party-line confirmation of Warsh from the Senate Banking Committee on Wednesday.  What’s at stake: Warsh will have considerable power over the Fed’s rate setting committee as chair of the Federal Reserve Board.  Forward look: Warsh’s path to confirmation has now been cleared of its only significant […]

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Bankers most worried about cybersecurity, economy: Survey

Key insight: Cyber risk and the potential for an economic downturn are the leading concerns amongst bankers surveyed by fintech IntraFi. Supporting data: Cyber risk topped bankers’ concerns, with 29% of respondents citing cyber as a top concern, followed by 22% for an economic downturn and 17% for risks related to continuity at the Federal

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