What A Digital Dollar Might (Or Might Not) Add To The US Economy
Given that existing currency is already pretty digital, what would really change if we went to a central bank-issued digital dollar?
Russia Succeeds (In Ending Swiss Banking As We Know It)
Quickly and cleanly conquering Ukraine? Less so.
There’s Got To Be At Least A Little Part Of Bill Ackman That Hopes The Pandemic Will Never End
It just provides so many opportunities to turn a few million dollars into more than a billion.
You Won’t Have Dick Clarida To Kick Around Anymore
Jay Powell will have to take the lumps for his soon-to-be-former number two’s unusual and timely portfolio rebalancing strategy.
Outgoing Fed Vice Chair Really Making His Patron Proud
What would Donald Trump have done with a tip-off from Jay Powell? Probably “rebalance” his portfolio just like Richard Clarida did.
Mohamed El-Erian Thinks Less Of Jay Powell Than He Does Of Bill Gross
The normally mild-mannered and academic ex-PIMCO chief is getting upset.
Biden Administration Asks Congress To Regulate Stablecoins, Meaning Stablecoins Will Go Unregulated
In a timely but ultimately meaningless coincidence, there’s also another crypto scandal brewing.
Saving The Economy Didn’t Keep Jay Powell That Busy
Not too busy, anyway, to not trade shares in between chats with Steve Mnuchin.
Add ‘Trading While Making Monetary Policy’ To The List Of Things Trump Appointees Don’t See As A Conflict Of Interest
Eric Rosengren and Robert Kaplan may be gone, but Elizabeth Warren will have Richard Clarida to kick around. Until January, anyway.
Jay Powell Trying To Save Cryptos, Possibly At Expense Of His Job
And also, you know, his ability to save cryptos going forward.
Lying To, Overcharging Customers Sure Seems Like Wells Fargo’s Primary Strategy
Whether you’re a simple homeowner or a sophisticated investment banking client, it’s just the way Wells does business.
Elizabeth Warren Would Like Wells Fargo’s Latest Setback To Be Its Last
Well, it’s second-to-late. And if not that, let it be Jay Powell’s last.
Cryptos Want Direct Access To Worthless Thing They Wish To Destroy
John Paulson, for his part, thinks a different thing will be worthless.
Only 2.5% Of Crypto Fund Whose Founders Are Hiding In Fear For Their Lives Is Missing, Nothing To See Here
Just another normal day in the cryptoverse.
Fed Still Not Convinced Deutsche Bank Is Serious About Not Laundering Money
What with the backsliding in spite of the massive investments in AML, and all.
Would Like To Pay $40 Less Per Ton Of Oil? Ex-Glencore Trader Allegedly Can Show You How
If there’s a benchmark, someone is trying (and probably succeeding) at manipulating it.
Wall Street May Not Have Biden’s Ear, But Two Guys Who Hate It Do
Gary Gensler and Ted Kaufman are not the kind of people big finance want to see in positions of influence.