MBA, FHLBanks back FHFA plan to drop ‘reputational harm’ rule

Most of the comments on the Federal Housing Finance Agency’s proposal to remove “reputational harm” as a reason to put people on its suspended counterparties list were in favor of the change. Processing Content However, one early commenter strongly opposed the move. “Removing ‘reputational harm’ from the covered misconduct sends a message that the FHFA […]

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AI is driving up treasury yields: ‘It just touches everything’

An age-old economics tenet posits that excessive government borrowing leaves little room for companies to tap financial markets and drives their interest rates to punishing levels. It’s called the “crowding out” theory. Processing Content Now, as the so-called hyperscalers embark on a borrowing binge for artificial intelligence that’s hitting the market with a record flood

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