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US bank regulators to be grilled by Congress on capital hike plan

US bank regulators to be grilled by Congress on capital hike plan

© Reuters. FILE PHOTO: Federal Reserve Board Vice Chair for Supervision, Michael Barr, testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing in the wake of recent bank failures, on Capitol Hill in Washington, U.S., May 18, 2023. REUTERS/Eve By Pete Schroeder and Michelle Price WASHINGTON (Reuters) – The Federal Reserve’s top Wall…

IMF to increase Kenya programme by $650 million, presidential adviser says

IMF to increase Kenya programme by $650 million, presidential adviser says

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo By Duncan Miriri and George Obulutsa NAIROBI (Reuters) -The International Monetary Fund has agreed to increase Kenya’s lending programme by $650 million, the Kenyan president’s chief economic adviser said on…

China to accelerate issuance of government bonds, finance minister says

China to accelerate issuance of government bonds, finance minister says

© Reuters. A woman walks in the Central Business District (CBD) on a hazy morning in Beijing, China, October 25, 2021. REUTERS/Thomas Peter/File Photo   USD/CNY -0.20% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage:…

Republicans clash for hours on the Senate floor as tempers flare over Sen. Tommy Tuberville’s blockade of military promotions

Republicans clash for hours on the Senate floor as tempers flare over Sen. Tommy Tuberville’s blockade of military promotions

A handful of Senate Republicans on Wednesday evening tore into fellow Republican Sen. Tommy Tuberville for hours, arguing that his blockade of more than 300 military promotions has damaged the US armed forces and risks serious long-term consequences.”There’s a reason this has not been done this way for a couple hundred years, no matter whether…

Former Vice President Mike Pence ends campaign for the White House after struggling to gain traction

Former Vice President Mike Pence ends campaign for the White House after struggling to gain traction

NEW YORK (AP) — Former Vice President Mike Pence on Saturday dropped his bid for the Republican presidential nomination, ending his campaign for the White House after struggling to raise money and gain traction in the polls.“It’s become clear to me: This is not my time,” Pence said at the Republican Jewish Coalition’s annual gathering…