Focused on relentlessly rising prices, President Joe Biden plotted an inflation-fighting strategy Tuesday with the chairman of the Federal Reserve, with the fate of the economy and his own political prospects increasingly dependent on the actions of the government’s central bank.
Massachusetts residents working at banks, credit unions and mortgage companies have contributed about $57,000 to presidential campaigns in 2020, according to data through Oct. 14 from the Federal Elections Commission.
Making predictions can be a lot of fun. And as we head into the first week of 2020, what better time to look ahead?
The Trump administration on Wednesday proposed new regulations aimed at making it easier for investors to take advantage of tax breaks for investing in Opportunity Zones in low-income areas.
The Trump plan is a big wet kiss for Wall Street, which can’t wait to recapitalize the two mortgage giants, but not so much for taxpayers who, whatever promises are made, will surely end up on the hook again someday should things go south.
President Donald Trump has issued an order for the government to end its 10-year conservatorship of the mortgage companies Fannie Mae and Freddie Mac.
The National Flood Insurance Program is again open for business, despite a partial government shutdown that looks set to drag on as President Donald Trump continues to demand funding for a wall on the U.S.-Mexico border be included in any new funding bill passed by Congress.
President Donald Trump’s threat that he’ll close the U.S.-Mexico border if Congress refuses to build a wall could have devastating economic implications even in Massachusetts – which does more than $6 billion in trade a year with Mexico, experts said.
The Democrat poised to take the reins of the powerful House Ways and Means Committee raised hopes for bipartisan agreement on an infrastructure bill in a speech before New England business leaders.
Attorney General Maura Healey and her counterparts from other states are backing a legal challenge to the leadership of the Consumer Financial Protection Bureau, arguing that President Donald Trump’s appointment of an acting director will hinder the agency’s independence and effectiveness.
U.S. employers hired more workers than expected in July and raised their wages – signs of labor market tightness that likely clears the way for the Federal Reserve to announce next month a plan to start shrinking its massive bond portfolio.
U.S. stock index futures hit six-week lows on Monday after President Donald Trump failed to push through his health care bill, raising concerns about his ability to deliver on his economic agenda.
President Donald Trump’s recently released “skinny” budget, while a long way from being enacted, is a step in the direction of fulfilling his campaign promises.
Community bankers who met with President Donald Trump yesterday expressed optimism that the president would tackle the issue of regulatory relief for smaller financial institutions.
Optimism among manufacturers, a sector targeted for assistance from President Donald Trump, helped lift the latest Massachusetts business confidence reading to a 13-year high.
Massachusetts employers were more confident about the business environment last month than anytime in the last 12 years, a survey by the Associated Industries of Massachusetts found, with their hopes bolstered by a strong state economy and the prospect of business-friendly initiatives advancing at the federal level.
Big U.S. banks are set on getting Congress this year to loosen or eliminate the Volcker rule against using depositors’ funds for speculative bets on the bank’s own account, a test case of whether Wall Street can flex its muscle in Washington again.
Donald Trump may be a notoriously lousy credit risk, but the former reality TV star’s newest gig as president of the United States could be a boon to bankers weary of regulatory burden.
President-elect Donald Trump has pledged to defund sanctuary cities if they fail to cooperate with the deportation or incarceration of up to three million immigrants who are criminals or have criminal records.
President-elect Donald Trump shows where his priorities lie.
