Washington Financial News
14.12 / 21:39
UPS
Gap
U.S. Trade Deficit Widened in October on Lower Energy Exports
WASHINGTON—Softer demand for U.S. energy and consumer goods abroad contributed to a bigger trade deficit in October.
14.12 / 16:45
Career
International
Senate Confirms Treasury Undersecretary for International Affairs
WASHINGTON—The Senate confirmed Jay Shambaugh to be the Treasury Department’s undersecretary for international affairs, filling one of the Biden administration’s top economic diplomatic posts during a time of global economic slowdown and conflict.
14.12 / 15:33
UPS
Target
Manufacturing
Supply-Chain Shortfalls Targeted by New Bill
WASHINGTON—With Congress facing pressure to help fix U.S. supply-chain problems exposed by the Covid-19 pandemic, a Republican and a Democratic lawmaker are proposing steps to force federal agencies to take the lead in preventing future shortfalls while better coordinating existing federal programs to build up domestic manufacturing.
14.12 / 11:49
UPS
Citizens
Remark
Bitcoin
SBF's Dark Money Contributions Prompted FEC Investigation
An group that keeps an eye on things in the neighborhood has asked for a probe to be conducted into the political contributions that Sam Bankman-Fried has made in the past. The organization asserts that the former chief executive officer of FTX admitted to breaking federal law by clandestinely donating tens of millions of dollars to Republican candidates and campaigns in violation of the law. This violation occurred while the former chief executive officer of FTX was employed by the company.
13.12 / 15:39
Federal Deficit Widened to a Record $249 Billion Last Month
WASHINGTON—The monthly federal deficit was a record-setting $249 billion in November, $57 billion wider than the same month last year, as Republican control of the House puts the government’s finances back in the political spotlight.
13.12 / 15:39
UPS
Target
Manufacturing
Supply-Chain Shortfalls Targeted by New Bill
WASHINGTON—With Congress facing pressure to help fix U.S. supply-chain problems exposed by the Covid-19 pandemic, a Republican and a Democratic lawmaker are proposing steps to force federal agencies to take the lead in preventing future shortfalls while better coordinating existing federal programs to build up domestic manufacturing.
13.12 / 14:03
Sam
fall
Sam Bankman-Fried’s parents were there for his rise. Now they’re there for his fall
Sam Bankman-Fried, founder of the collapsed exchange FTX, always stood apart from other cryptocurrency entrepreneurs, and it wasn’t for his baggy shorts or taste in videogames.
13.12 / 13:53
UPS
Gap
U.S. Trade Deficit Widened in October on Lower Energy Exports
WASHINGTON—Softer demand for U.S. energy and consumer goods abroad contributed to a bigger trade deficit in October.
13.12 / 09:37
European Parliament
Snow
London
Fried
Sam
the bahamas
Ex-CEO of failed cryptocurrency firm FTX Sam Bankman-Fried arrested in the Bahamas
The former CEO of failed cryptocurrency firm FTX, Sam Bankman-Fried, has been arrested in the Bahamas at the request of the U.S. government, U.S. and Bahamian authorities said Monday.
12.12 / 23:47
12.12 / 22:05
Federal Deficit Widened to a Record $249 Billion Last Month
WASHINGTON—The monthly federal deficit was a record-setting $249 billion in November, $57 billion wider than the same month last year, as Republican control of the House puts the government’s finances back in the political spotlight.
12.12 / 19:41
Lowe's
How Washington Persuaded Europe to Put a Price Cap on Russian Oil
Seventy-two hours before they hoped to launch an unprecedented new plan to set a cap on the price of Russian oil, Biden administration officials faced a problem: Poland hadn’t yet signed off on the final design.
12.12 / 18:51
UPS
Gap
U.S. Trade Deficit Widened in October on Lower Energy Exports
WASHINGTON—Softer demand for U.S. energy and consumer goods abroad contributed to a bigger trade deficit in October.
12.12 / 05:29
Lowe's
How Washington Persuaded Europe to Put a Price Cap on Russian Oil
Seventy-two hours before they hoped to launch an unprecedented new plan to set a cap on the price of Russian oil, Biden administration officials faced a problem: Poland hadn’t yet signed off on the final design.
11.12 / 17:25
Lowe's
How Washington Persuaded Europe to Put a Price Cap on Russian Oil
Seventy-two hours before they hoped to launch an unprecedented new plan to set a cap on the price of Russian oil, Biden administration officials faced a problem: Poland hadn’t yet signed off on the final design.
11.12 / 13:55
UPS
Gap
U.S. Trade Deficit Widened in October on Lower Energy Exports
WASHINGTON—Softer demand for U.S. energy and consumer goods abroad contributed to a bigger trade deficit in October.
10.12 / 08:53
UPS
Gap
U.S. Trade Deficit Widened in October on Lower Energy Exports
WASHINGTON—Softer demand for U.S. energy and consumer goods abroad contributed to a bigger trade deficit in October.
09.12 / 17:25
UPS
Gap
U.S. Trade Deficit Widened in October on Lower Energy Exports
WASHINGTON—Softer demand for U.S. energy and consumer goods abroad contributed to a bigger trade deficit in October.
09.12 / 06:55
business
regulation
Congress
Senate
Fried
Sam
Sam Bankman-Fried misses deadline to respond to testimony request, now what?
Crypto’s public enemy number one, Sam Bankman-Fried has missed a crucial deadline to confirm his appearance at an upcoming Senate Committee hearing.
09.12 / 04:51
regulation
Department Of Justice
Donations
FEC probe demanded after SBF 'admitted' to making dark money donations
A watchdog group has demanded an investigation into Sam Bankman-Fried's political donations, claiming the former FTX CEO “admitted” to donating tens of millions to Republicans under the table in violation of federal law.
08.12 / 21:39
Law
regulation
Banks
Congress
lawmakers
US lawmakers
US lawmakers question federal regulators on banks' ties to crypto firms
Two members of the United States Senate have called on the heads of federal financial regulators to address “ties between the banking industry and cryptocurrency firms” in the wake of FTX’s collapse.
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