The White House told industry officials on Friday that it is leaning toward recommending that the Federal Reserve become the supercop for "too big to fail" companies capable of causing another financial meltdown.
According to officials who attended a private one-hour meeting between President Barack Obama's economic advisers and representatives from about a dozen banks, hedge funds and other financial groups, the administration made it clear it was not inclined to divide the job among various regulators as has been suggested by industry and some federal regulators.
TVNL Comment: This should tell you who owns Obama....and the answer is not the American citizens!
An appeals court ruled Monday that Lisa Cook can remain a Federal Reserve governor, rebuffing President...
Maurene Comey, a federal prosecutor involved in cases against Jeffrey Epstein and his accomplice Ghislaine Maxwell...
Washington Post columnist Karen Attiah says she has been fired from the newspaper over social media...
Maybe keep the remote away from TV-obsessed Donald Trump and his MAGA entourage during his upcoming...
