Mike Mayo, Wells Fargo Securities banking analyst, joins 'Fast Money Halftime Report' to discuss takeaways from his interview with former Fed chairman Paul Volcker. Volcker said there are increasing concerns about the culture of financial systems.
Former Fed Chair Paul Volcker steps up his criticism of banks, saying "the only thing that matters is how much profit the firm (and you) make."
Feb 12- Former Federal Reserve Chairman Paul Volcker warned the Trump administrations handling of domestic issues as well as trade talks with China is hurting the United States long-term prosperity. Volcker, widely credited with ending the high levels of inflation seen in the United States during the 1970 s and early 1980 s, said Trump's big tax cuts and...
NEW YORK, Jan 17- America just lost a true giant in investing legend and Vanguard Group founder Jack Bogle. The creator of the first indexed mutual fund died on Wednesday https://reut.rs/2Cu5i09 in his longtime home of Bryn Mawr, Pennsylvania. I worked as a pinsetter in the bowling alley of the Sea Girt, New Jersey fire department.
The revelation of communication between Wall Street donors and possible Democratic candidates threatens to exacerbate tension between liberal and moderate Democratic voters.
LONDON, Jan 4- The U.S. dollar has recently appreciated to its highest level in real terms since the start of 2017 and before that September 2003. Yet there are signs that the dollar's rise may be coming to an end as trade tensions with China weigh and pressure to raise rates dissipates, lifting prospects for oil prices to recover. The United States is currently...
Former Fed Chair Paul Volcker says there's a basic lack of respect for government institutions and described Washington as a 'swamp' run by plutocrats, in an interview with The New York Times' and Squawk Box co-anchor Andrew Ross Sorkin.
Former Federal Reserve Chairman Paul Volcker, who has reached legend status in the world of central banking, isn't optimistic about current conditions.
A legal loophole allows major banks to avoid telling American authorities about certain trading in financial instruments known as derivatives.
With changes to the Volcker Rule, odds rise that Wall Street traders can make a killing – or be killed — trading in markets.
There's pretty clear evidence that the path of rates has had a near-perfect correlation with the physical stature of the Fed chair.
The White House says its proposed budget and policies would boost growth to levels not seen in decades. The CBO remains unconvinced.
President Trump thinks the country is "a mess." But it's not showing up in much of the latest economic data.
The national debt would surge under a Donald Trump presidency, though not as much as originally thought, according to a new analysis.
CNBC's Steve Liesman provides highlights from Thursday night's event where Fed Chair Janet Yellen was joined by predecessors Ben Bernanke, Alan Greenspan and Paul Volcker. Yellen said the Fed remains in gradual hiking mode and the U.S. is not a bubble economy.
Federal Reserve Chair Janet Yellen touted the strength of the United States economy and said she did not regret the December rate hike.
April is one of the market's best months. But a poor earnings season and March's heady gains could cause lackluster returns.
Growth is the singular economic issue of our time, says Larry Kudlow. He thinks Bush and Trump have the best ideas on taxes.
Opposition has been going on since Hamilton/Jefferson, says Roger Lowenstein, New York Times Magazine, providing an inside look at the creation of the nation's central bank.
What is the Federal Reserve going to do? No one knows, but here's a solution: a 1/8 of a point rate hike.