Washington Financial News
23.04 / 09:39
MET
global economy
Inflation Tests a Global Economy That Has Weathered Covid-19, Ukraine War
WASHINGTON—The global economy has emerged from the pandemic and weathered the war in Ukraine with surprising resilience, policy makers gathered in Washington said last week. Yet the recovery remains fragile as stubborn inflation fuels risks in many corners of the world.
22.04 / 14:33
Assurant
Biden’s Labor Secretary Pick Seeks to Win Over Skeptical Democrats
WASHINGTON—Acting Labor Secretary Julie Su defended her record at a confirmation hearing, as she seeks to gain Senate approval to lead the department.
22.04 / 14:33
Janet Yellen Says Security Comes Before Economy in U.S.-China Relationship
WASHINGTON—Treasury Secretary Janet Yellen said protecting national security would be the U.S. priority in its relationship with China even if it slows economic growth, taking a hawkish stance as she pushed for more collaboration with Beijing.
21.04 / 19:09
Biden Administration Considers Tougher Regulation of Money-Market, Hedge Funds
WASHINGTON—The Biden administration is moving to make it easier to more closely regulate nonbank financial institutions such as hedge funds and money-market funds, proposing a rollback of Trump-era procedures.
21.04 / 11:49
Fed Rethinks Loophole That Masked Losses on SVB’s Securities
WASHINGTON—The Federal Reserve may close a loophole that allows some midsize banks to effectively mask losses on securities they hold, a contributing factor in the collapse of Silicon Valley Bank.
21.04 / 10:13
Strategy
U.S., Allies Weigh How to Reduce Economic Ties With China
WASHINGTON—The U.S. and its allies are grappling with how to pare their economic relationships with China, attempting to limit ties in certain sectors they view as strategic while preserving broader trade and investment flows with the world’s second-largest economy.
21.04 / 10:13
MET
global economy
Inflation Tests a Global Economy That Has Weathered Covid-19, Ukraine War
WASHINGTON—The global economy has emerged from the pandemic and weathered the war in Ukraine with surprising resilience, policy makers gathered in Washington said last week. Yet the recovery remains fragile as stubborn inflation fuels risks in many corners of the world.
21.04 / 09:21
Janet Yellen Says Security Comes Before Economy in U.S.-China Relationship
WASHINGTON—Treasury Secretary Janet Yellen said protecting national security would be the U.S. priority in its relationship with China even if it slows economic growth, taking a hawkish stance as she pushed for more collaboration with Beijing.
21.04 / 09:21
Assurant
Biden’s Labor Secretary Pick Seeks to Win Over Skeptical Democrats
WASHINGTON—Acting Labor Secretary Julie Su defended her record at a confirmation hearing, as she seeks to gain Senate approval to lead the department.
20.04 / 14:43
Assurant
Biden’s Labor Secretary Pick Seeks to Win Over Skeptical Democrats
WASHINGTON—Acting Labor Secretary Julie Su defended her record at the start of a confirmation hearing Thursday, as she seeks to gain Senate approval to lead the department.
20.04 / 12:49
House Republicans
House Republicans Unveil Bill to Raise Debt Ceiling, Cut Spending
WASHINGTON—House Republican leaders unveiled legislation Wednesday that would curb government spending and pare back some of President Biden’s signature initiatives in exchange for an increase in the government’s debt ceiling.
20.04 / 10:15
Cooper
Janet Yellen to Say Security Comes Before Economy in U.S.-China Relationship
WASHINGTON—Treasury Secretary Janet Yellen plans to say Thursday that the U.S.’s policies toward China will give priority to addressing national-security concerns over preserving economic growth.
20.04 / 08:51
McCarthy Says Text of Bill Raising Debt Ceiling Will Be Ready Soon
WASHINGTON—House Speaker Kevin McCarthy said he was pushing to begin writing the text of legislation raising the debt ceiling as Republicans said they expected to see the bill soon and vote on it next week, before the start of a recess in May.
20.04 / 08:51
CFPB
CFPB Says Staffer Sent 250,000 Consumers’ Data to Personal Account
WASHINGTON—A Consumer Financial Protection Bureau employee forwarded to a personal email account confidential information on thousands of consumers and dozens of financial firms, in what the agency has described to U.S. lawmakers as a major incident.
20.04 / 00:31
Republicans Pummel SEC’s Gary Gensler Over Crypto Crackdown
WASHINGTON—Securities and Exchange Commission Chair Gary Gensler defended his agency’s crackdown on cryptocurrency markets, saying that he had never seen an industry so routinely break securities laws.
19.04 / 23:57
MET
global economy
Inflation Tests a Global Economy That Has Weathered Covid-19, Ukraine War
WASHINGTON—The global economy has emerged from the pandemic and weathered the war in Ukraine with surprising resilience, policy makers gathered in Washington said last week. Yet the recovery remains fragile as stubborn inflation fuels risks in many corners of the world.
19.04 / 23:57
vice chair
White House Works to Satisfy Senate Democrats in Fed Vice Chair Search
WASHINGTON—The White House is working to secure the support of key Capitol Hill allies as officials deliberate over whom to nominate for the No. 2 job at the Federal Reserve, according to people familiar with the matter, with Democrats’ slim majority in the Senate hanging over the search.
19.04 / 23:57
Strategy
U.S., Allies Weigh How to Reduce Economic Ties With China
WASHINGTON—The U.S. and its allies are grappling with how to pare their economic relationships with China, attempting to limit ties in certain sectors they view as strategic while preserving broader trade and investment flows with the world’s second-largest economy.
19.04 / 11:17
COST
Green Tax Credits Are Likely to Be More Popular—and Expensive—Than Expected
WASHINGTON—Green tax credits from last year’s climate law are likely to be far more popular than anticipated, potentially reducing carbon emissions—but also increasing costs to U.S. taxpayers, according to an emerging consensus of government and private-sector forecasters.
19.04 / 11:17
vice chair
White House Works to Satisfy Senate Democrats in Fed Vice Chair Search
WASHINGTON—The White House is working to secure the support of key Capitol Hill allies as officials deliberate over whom to nominate for the No. 2 job at the Federal Reserve, according to people familiar with the matter, with Democrats’ slim majority in the Senate hanging over the search.
19.04 / 11:17
Strategy
U.S., Allies Weigh How to Reduce Economic Ties With China
WASHINGTON—The U.S. and its allies are grappling with how to pare their economic relationships with China, attempting to limit ties in certain sectors they view as strategic while preserving broader trade and investment flows with the world’s second-largest economy.
breaking news about Washington
What is the current situation in Washington?
In Washington, the spotlight is on local government initiatives that spark public discussion.
Where can I find reliable news about Washington?
We publish reliable reports about the situation in Washington, based on information from trusted sources.
What shapes the media agenda in Washington?
The news landscape of Washington is shaped by the region’s internal dynamics, reflecting its local way of life.
