July 9, 2025 - 20:35
U.S. Senator Elizabeth Warren has issued a strong warning regarding Randal Quarles, a prominent figure in global financial oversight. She claims that his leadership poses a significant threat to global financial stability and could potentially reverse critical reforms established after the 2008 financial crisis. Quarles, who has been a key player in shaping banking regulations, is under scrutiny for his approach to oversight, which critics argue favors deregulation at the expense of consumer protections.
Warren's concerns are rooted in the belief that Quarles' policies may weaken the safeguards designed to prevent another economic downturn. She emphasizes that the measures put in place following the 2008 crisis were essential in stabilizing the financial system, and any attempts to dismantle these reforms could have dire consequences. The senator's call for Quarles' removal reflects a growing apprehension among lawmakers about the current direction of financial regulation in the United States and its implications for the global economy.
July 10, 2025 - 11:16
Economic Cycles: Insights from Federal Reserve Governor Michael BarrOn July 16, Federal Reserve Governor Michael Barr delivered a compelling address at Brookings, emphasizing the cyclical nature of the economy, characterized by periods of boom followed by...
July 9, 2025 - 05:04
Trump Confirms No Extension on Tariff DeadlineIn a recent announcement, former President Donald Trump has declared that he will not extend the August 1 deadline for tariffs on various imports. This decision follows a series of communications...
July 8, 2025 - 01:46
Markets React to President Trump's Proposed TariffsMarkets are seeking clarity on President Trump`s tariffs, with the president targeting August 1 for new country-specific tariffs. In a surprising announcement, Trump revealed plans to impose a 25%...
July 7, 2025 - 03:06
Banorte Achieves Prestigious Recognition as Mexico's Leading Retail BankIn a remarkable achievement, Banorte has been awarded the title of Mexico`s Best Retail Bank for the fifth consecutive year at the 2025 World Finance Banking Awards. This honor underscores the bank...