Fed blames Trump-era policies, SVB leaders — and itself — for bank’s stunning collapse

[ad_1] Those directives, combined with the Fed’s implementation of a bipartisan bank deregulation law passed by Congress in 2018, “impeded effective supervision by reducing standards, increasing complexity, and promoting a less assertive supervisory approach,” according to the report. “We must strengthen the Federal Reserve’s supervision and regulation based on whatContinue Reading

Body Of A Newborn Found On Banks Of Jhelum

[ad_1] SRINAGAR: A newborn baby boy was found dead on the banks of river Jhelum in Urdu Bazaar, M.R Gunj area of summer capital Srinagar on Tuesday morning. Quoting sources, news agency KDC reported that the body of the newborn boy was found by some locals who subsequently informed theContinue Reading

Olaf Scholz faces new probe over German tax fraud scandal

[ad_1] Press play to listen to this article Voiced by artificial intelligence. BERLIN — Germany’s center-right opposition wants to raise the heat on Chancellor Olaf Scholz by launching a parliamentary investigation into his alleged connection to a massive tax evasion scandal. The case — which dates back over five yearsContinue Reading

The tension at the heart of the ECB

[ad_1] Press play to listen to this article Voiced by artificial intelligence. FRANKFURT ― The markets are jittery and inflation still needs taming. Coming together, those two things put the European Central Bank in a real bind. Fight one fire and it could cause the other to flare. The ECBContinue Reading