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Goolsbee's history of supporting Democratic policies and criticizing Republican ones on TV and radio talk shows, is raising concerns that the central bank is becoming increasingly politicized.
March 7
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He was chief executive officer and chairman of the bank, then known as BankAmerica Corp., from 1990 until his retirement in 1996.
March 7
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The Federal Home Loan Banks claim that liquidity in-and-of-itself supports affordable housing, while the Federal Housing Finance Agency seems to think the mission should be more directly tethered to housing.
March 7
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A 53-year low unemployment rate is giving financial workers more power to retain hybrid work agreements.
March 7
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Car loans are among the bread-and-butter products for credit unions, but slowing demand and growing delinquencies are putting some pressure on the category.
March 7
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Federal Reserve Vice Chair for Supervision Michael Barr is set to give his first dedicated remarks on cryptocurrencies this week, and observers are looking for concrete examples of what regulators are going to do next in the volatile sector.
March 7
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After a three-decade climb up the corporate ladder, Reda took on her most daunting task yet: launching the card network's new consumer banking unit.
March 7
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Associate partner Mary Ann Francis is a risk taker — the kind who jumps off a waterfall without a parachute. She brings this same boldness to her work at IBM, where her decades of banking experience help the tech giant find new opportunities for artificial intelligence and quantum computing.
March 7
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The Supreme Court's insistence that Congress expressly authorize regulatory action on 'major questions' is destined to run afoul of the administration's efforts to set rules of the road for cryptocurrency.
March 7
American Banker -
Carmichael held the position for less than a year after stepping down as chief in July. The Cincinnati bank plans to elect a new executive chair at its annual shareholder meeting in April.
March 7
