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☆ Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
▼ + stars: | 2024-09-27 | by ( Hugh Son | ) www.cnbc.com time to read: +7 min

The lender disclosed that the Consumer Financial Protection Bureau could punish JPMorgan for its role in Zelle, the giant peer-to-peer digital payments network. In response, JPMorgan issued a thinly veiled threat: "The firm is evaluating next steps, including litigation." Trade groups say that in the aftermath of the financial crisis, banks became easy targets for populist attacks from Democrat-led regulatory agencies. Amid the scrutiny, the bank began warning Zelle users on the Chase app to "Stay safe from scams" and added disclosures that customers won't likely be refunded for bogus transactions. While all of these battles are ongoing, the financial industry has racked up several victories so far.

Persons: JPMorgan Chase, Jamie, Evelyn Hockstein, Tobin Marcus, Joe, Marcus, That's, Biden, Marianne Lake, Zelle, Banks, Jamie Dimon, Dimon, Donald Trump, Kamala Harris, Mark Pittman Organizations: JPMorgan, U.S . Senate Banking, Housing, Urban Affairs, Wall, Capitol, Washington , D.C, Reuters, JPMorgan Chase, Consumer Financial, Democrat, Republican, Wolfe Research, Services, PayPal, Bank of America, Senate, Electronic, Federal Reserve, U.S . Chamber of Commerce, Northern, Northern District of Texas Locations: Washington ,, Zelle, Basel, Wells Fargo, Northern District

Russian intelligence services are building up their presence in Mexico for spy operations targeting the United States, a return to Cold War tactics by an increasingly aggressive regime, according to U.S. officials and former intelligence officers. The Mexican Embassy and the Russian Embassy did not respond to a request for comment. “Part of this is a function of the fact that so many Russian intelligence officers have been kicked out of Europe. Those are Russian intelligence personnel, and they keep an eye very closely on their opportunities to have influence on U.S. opportunities and access,” VanHerck said. Russian intelligence could conceivably also take advantage of Mexico’s proximity to target Putin’s political enemies inside the U.S., former intelligence officers said.

Persons: Biden, William Burns, ” Burns, ”, Vincenzo Circosta, “, Paul Kolbe, Glen VanHerck, ” VanHerck, Andrés Manuel López Obrador, Trotsky, —, ideologues, Leon Trotsky, Joseph Stalin, Vladimir Lenin, Ramon Mercader, John Sipher, ” Sipher, Christopher Boyce, Andrew Daulton Lee, Lee, Boyce, Harold “ Jim ” Nicholson, Hector Cabrera Fuentes, Fuentes, Douglas London, enforcement’s, Natalia Sedova's, Claudio Cruz, ” Kolbe Organizations: U.S, NBC News, Mexican Embassy, Russian Embassy, CIA, “, Kremlin, Getty, . Air Force, U.S . Northern Command, Senate Armed Services Committee, TRW, Soviet Embassy, Bettmann, Museum Locations: Mexico, United States, Russia, Mexico City, Moscow, Washington, Ukraine, Mexican, Russian, Europe, London, Pokrovsk, Donetsk Oblast, Anadolu, Balkans, U.S, “, Cuba, Soviet Union, Spanish, Los Angeles, Soviet, manacles, Seattle, surveilling, Miami, American, AFP, Colombia

☆ Companies face risk of huge fines and suspensions under tough new cyber rules in the EU
▼ + stars: | 2024-09-20 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

The rules impose tougher requirements on companies around their internal cyber resilience strategy and internal practices. CNBC runs through all you need to know about NIS 2 — from what the law requires to the potential penalties businesses could face for violations. Under NIS 2, firms will also have to vet their digital supply chains for cyber threats and vulnerabilities. Companies that fail to comply with the new law could face massive potential fines, along with other punitive actions. Still, even with cyber security a much more prominent focus in board rooms, this hasn't stopped cyberattacks from taking place.

Persons: Oscar Wong, Geert van der Linden, Van der Linden, It's, Chris Gow, Carl Leonard, Leonard, Cisco's Gow, CISO, cyberattacks, Gow Organizations: European Union, NIS, CNBC, Information, EU, Companies, noncompliance, Data, Union Locations: EU, Capgemini, Russian

SPRINGFIELD, Ohio — The dozens of bomb threats and the onslaught of public attention that has befallen a small Ohio city since President Donald Trump and others pushed the false claim that Haitian migrants were stealing and eating pets has children living in fear, worried parents said Thursday. A U.S. flag is displayed on Sept. 16, 2024 in Springfield, Ohio. Luke Sharrett / Getty Images“I really feel bad for the Haitian children, because they’re here for an education,” Moore said. That’s not right, that my daughter has to be fearful,” Springfield parent Martin McWhorter said. “Why are you messing with my baby?”McWhorter said his daughter’s school was a target of the bomb threats and lamented that what had been a small, peaceful city now doesn’t feel safe.

Persons: Donald Trump, “ They’re, ” John Michael Moore, Trump, Kamala Harris, Trump’s, Sen, JD Vance, hasn’t, Luke Sharrett, ” Moore, “, that’s, That’s, ”, Martin McWhorter, ” McWhorter, Melanie Flax Wilt, we’ve, Wilt, Pierre, ” Pierre, Isaac Mackey, Sharice Otieno, couldn’t, ” Otieno, Otieno Organizations: Commission, NBC News, Walmart Locations: SPRINGFIELD , Ohio, Ohio, Springfield, U.S, Springfield , Ohio, ” Springfield, Clark, Haitian, Springfield from Florida, Columbus, Cincinnati, Indiana, Florida

Trump is “immensely happy with JD’s performance,” said a person who speaks with Trump and is familiar with his thinking. “I didn’t discuss it with JD, in all fairness,” Trump said when pressed on the issue during his debate last week with Vice President Kamala Harris. “I know from experience, nobody speaks for Donald J. Trump except for Donald J. Trump, right?”“Vice President Pence viewed his role as a translator for President Trump to traditional Republican audiences,” a Trump ally said. 2Short also believes the relationship between Vance and Trump is different than the one Pence and Trump had prior to their falling out. “He loves that he has a smart person with balls who doesn’t only do Fox,” a person close to the campaign said.

Persons: Sen, JD Vance, Donald Trump’s, “, Trump, ” Vance, Vance weren’t, Vance, ”, Vance “, Garrett Ventry, Elise Stefanik, ” Trump, Mike Pence, Pence, Trump’s mildest, Kamala Harris, Marc Short, ‘ JD, ’ ” Vance, Dana Bash, “ He’s, Kari Lake, Marjorie Taylor Greene, podcaster Shawn Ryan, Joe Biden’s, Barack Obama, Brian Hughes, ” Hughes, Harris, Biden, recapping, obsequious Trump, —, Donald J, ” “, ” Trump’s, Mike, I’m, he’s, septuagenarian Trump, brags, Vince Lombardi —, JD, “ ‘ Lombardi, ’ Organizations: NBC News, Republican, Trump, U.S, Capitol, Press, CNBC, Arizona GOP, JD, NATO, Yale Law School, Green Bay Packers Locations: ‘, Springfield , Ohio, Raleigh , North Carolina, Springfield, “ State, Kari, Ukraine, Russia, America, Raleigh, Ohio

Vice President Kamala Harris on Tuesday ripped Donald Trump's repeated bashing of Haitian immigrants in Springfield, Ohio, saying the former president was "spewing lies grounded in tropes." During last week's presidential debate, which was viewed by more than 67 million people, Trump said: “In Springfield, they’re eating the dogs. They’re eating — they’re eating the pets of the people that live there.”Harris said of Trump on Tuesday, "When you have that kind of microphone in front of you, you really ought to understand how much your words have meaning." Law enforcement resources being put into this because of these serious threats," Harris said. "The governor of Ohio came out yesterday and said every single one of those bomb threats was a hoax, and all of those bomb threats came from foreign countries.

Persons: Kamala Harris, Donald Trump's, Harris, it’s, ”, Trump, Sen, JD Vance, Ohio, ” Harris, Vance, Donald Trump, Mike DeWine, DeWine, Rob Rue, Rue, ” Rue Organizations: National Association of Black Journalists, Trump, Republican, ABC News, Springfield Locations: Springfield , Ohio, Springfield, Michigan, Ohio

☆ Ohio's Republican governor is fed up with lies about pet-eating in Springfield: 'This discussion just has to stop'
▼ + stars: | 2024-09-16 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +1 min

DeWine emphasized that the claims were false and called for the discussion to stop. However, he repeatedly refused to blame Donald Trump or JD Vance for spreading the falsehoods. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Mike DeWine, a Republican, denounced the baseless rumors about Haitian immigrants eating pets in Springfield on Sunday, labeling the claims as "garbage" during an interview.

Persons: Mike DeWine, Donald Trump, JD Vance, —, Ohio Sen Organizations: Gov, Service, Republican, Ohio, Business Locations: Ohio, Springfield

☆ Charter rolls out new Spectrum pricing and internet speeds, aims to 'be a better service operator'
▼ + stars: | 2024-09-16 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +7 min

In addition, Spectrum pledged to give customers automatic credits for internet outages that are out of their control or when the company's customer service doesn't live up to its promises. That's in part because broadband customer growth at providers including Charter and Comcast has struggled, according to the companies' earnings reports. Spectrum Mobile has 8.8 million total lines and has grown rapidly due to enticing promotional deals and increased mobile usage on reliable Wi-Fi networks, the company said. "When I think about Wall Street, I think about the customer," Winfrey said. "If you focus on the customer, provide great customer service, save them money, provide value, then your capital market strategy, your regulatory strategy, all of that just falls into place."

Persons: Christopher L, Winfrey, Chris Winfrey, —, Spectrum, Tom Rutledge, we've, there's, Craig Moffett, Moffett, Robin Alam Organizations: Charter Communications, Communications Charter Communications, CNBC, Spectrum, Time Warner Cable, Bright House Networks, Charter, Comcast, Verizon, Spectrum Mobile, ESPN, Night, San Francisco 49ers, Baltimore Ravens, Getty Locations: U.S, MoffettNathanson, Santa Clara , California

☆ Ohio Gov. Mike DeWine says baseless claims about Haitian immigrants are 'garbage'
▼ + stars: | 2024-09-15 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Summer-Concepcion-Byline-Jm.Jpg | Summer Concepcion | ) www.nbcnews.com time to read: +6 min

Mike DeWine on Sunday decried former President Donald Trump's baseless claims that Haitian immigrants in Springfield, Ohio were eating dogs and other pets as "garbage," but stopped short of directly condemning the former president and his running mate, Sen. JD Vance, for spreading the false claims. There’s no evidence of this at all,” DeWine said during an interview on ABC’s “This Week” when asked whether it’s responsible for Trump to push those false claims. Springfield Mayor Rob Rue has slammed the false claims and urged the public, especially prominent public figures, against amplifying them further. “Springfield is a beautiful community, and your pets are safe in Springfield, Ohio,” Rue told MSNBC’s “Katy Tur Reports” last week. We don’t need this misinformation.”Vance on Sunday pushed back on claims that the fringe online conspiracy of Haitian immigrants in Springfield, Ohio, eating pets is false, claiming that he has heard concerns from constituents on the matter.

Persons: Mike DeWine, Donald Trump's, Sen, JD Vance, “, ” DeWine, DeWine, ”, Fran, we’ve, Trump, Vance, “ I’ve, Donald Trump, ” Trump, Kamala Harris, Harris, Springfield Mayor Rob Rue, ” Rue, MSNBC’s, Katy Tur, “ We’ve, ” Vance, Union ”, Biden, Margaret, Kamala Harris ’, I’ve Organizations: Gov, Trump, Republican, Springfield Mayor, Sunday, NBC, Press, CNN’s, Union, CNN, CBS Locations: Springfield , Ohio, Springfield, “, Haiti, “ Springfield, CNN’s “ State, Ohio

“It just exploded into something I didn’t mean to happen,” Erika Lee, a Springfield resident, told NBC News on Friday. She has since deleted the Facebook post. She is also concerned for the safety of the Haitian community, which she said she did not intend to villainize en masse. “I feel for the Haitian community,” she said. Still, she never imagined that her Facebook post would set off a national news cycle.

Persons: ” Erika Lee, Lee, Kimberly Newton, NewsGuard, Newton, Newsguard, ”, hasn’t, Donald Trump, Ohio Sen, JD Vance, “ I’m, I’d, that’s, ” Vanessa Cárdenas, refor, MAGA, ” Lee, Springfield Organizations: NBC, Facebook, Local, Ohio, America's Locations: SPRINGFIELD , Ohio, Ohio, Springfield, Columbus , Ohio, Canton , Ohio, Springfield ,

☆ Trump’s ties to far-right activist alarm GOP: From the Politics Desk
▼ + stars: | 2024-09-13 | by ( The Politics Desk | ) www.nbcnews.com time to read: +9 min

In today’s edition, we explore how far-right activist Laura Loomer's access to Donald Trump is worrying his Republican allies. Plus, "Meet the Press" moderator Kristen Welker dives into the questions Kamala Harris and Trump danced around at the debate. One one side of the GOP, Sen. Lindsey Graham of South Carolina said Thursday that Loomer is “really toxic” and shouldn’t be in Trump’s circle. Sen. Thom Tillis of North Carolina on Friday called Loomer “a crazy conspiracy theorist” who was hurting Trump’s chances in the election. Because your running mate JD Vance has said that you would veto if it did come to your desk.

Persons: Laura Loomer's, Donald Trump, Kristen Welker, Kamala Harris, Trump, Laura Loomer’s, Jonathan Allen, Julie Tsirkin, Vaughn Hillyard, Laura Loomer —, Loomer, don’t, Sen, Lindsey Graham of, Thom Tillis, ”, Marjorie Taylor Greene, —, Harris, “ Everybody’s, “, Laura, Laura — she’s, Read, Henry J, Gomez, Brandy Zadrozny, Allan Smith, JD Vance, Vance, Linsey Davis, JD —, David Muir, ’, Joe Biden, Biden, “ Donald Trump Organizations: NBC, White House, Capitol, Republican, Trump, stoke, Republicans, U.S, GOP, Indian, Nazi, Facebook, “, Press, ABC, JD, U.S . Capitol Locations: Loomer, Springfield , Ohio, Lindsey Graham of South Carolina, North Carolina, Georgia, Indian American, Springfield, Columbus, Ohio, Gab, Ukraine, Russia, U.S, Afghanistan

Donald Trump on Friday defended Laura Loomer after some of the former president's closest allies this week raised concerns about his relationship with the far-right activist. Laura — she’s a, she’s a free spirit. Well, I don’t know. Far-right activist Laura Loomer. “I don’t know that much about it.

Persons: Donald Trump, Laura Loomer, “ Laura, she’s, I’m, ” Trump, Loomer, Lindsey Graham, Thom Tillis, Marjorie Taylor Greene, “, Laura, Laura — she’s, Trump, Kamala Harris, he’d, ”, ” Loomer, Harris, David Dee Delgado, there’s, Greene, Karine Jean, Pierre Organizations: Lawmakers, Trump, NBC News, House Press Locations: Rancho Palos Verdes , California, Sens

☆ Far-right origins of false pet-eating claims and Boeing workers to strike: Morning Rundown
▼ + stars: | 2024-09-13 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +6 min

How a fringe claim about immigrants eating pets made it to the mainstream. Boeing workers are set to strike. How a fringe claim about immigrants ‘eating the pets’ made its way to the debate stageIt started as a fringe obsession. “In Springfield they’re eating dogs,” Trump said, referring to an Ohio city dealing with an influx of Haitian immigrants. More 2024 election coverage:Boeing workers set to strike after rejecting contractMore than 30,000 Boeing workers are set to strike today, halting production on most of the company’s aircraft, after staff overwhelmingly rejected a new labor contract.

Persons: ’, Donald Trump, Kamala Harris, ” Trump, Read, Trump’s, Sen, JD Vance, Ohio, “, ”, It’s, Justin Wayne Halstenberg, San Bernardino County Sheriff Shannon Dicus, Halstenberg, Jason Anderson, Trump, Newsmax, Tua Tagovailoa, Edward Caban, Søren Rysgaard, — Evan Bush, there’s, Elizabeth Robinson Organizations: Boeing, “, Facebook, Trump, International Association of Machinists, Aerospace Workers, San Bernardino County Sheriff, Cal Fire, Miami Dolphins, Buffalo Bills, New York, New York City Police, Idaho Supreme, University of Idaho, Ivy League, Danish Army, seismologists, NBC Locations: Springfield , Ohio, Springfield, Ohio, Nazi, Seattle, Oregon, California, San Bernardino County, Southern California, Georgia, New York City, Idaho, Greenland

☆ Before Trump, neo-Nazis pushed false claims about Haitians as part of hate campaign
▼ + stars: | 2024-09-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Brandy-Zadrozny-Circle-Byline-Template.Jpg | Brandy Zadrozny | ) www.nbcnews.com time to read: +8 min

Pohlhaus, a Marine-turned-tattoo artist known as “Hammer” to his hundreds of followers, wrote Blood Tribe had “pushed Springfield into the public consciousness.”Members of his hate group agreed. “This is what real power looks like.”A sign hangs from a streetlight at the intersection of Main Street and Fountain Avenue in Springfield, Ohio, on Wednesday. As with most rumors, the beginning of the baseless claims about Haitians eating pets in Springfield is hard to pinpoint, but Blood Tribe undoubtedly helped spread it. “Hello, Springfield Ohio! Blood Tribe and other hate groups have used the real-world actions for recruitment, attention and intimidation.

Persons: Donald Trump, Christopher Pohlhaus, ”, Paul Vernon, “, Blood Tribe’s, didn’t, Sen, JD Vance, Ohio, ” Vance, Rob Rue, Drake Berentz, Pohlhaus, Berentz, it’s, Jeff Tischauser, “ Heil Hitler, ” Tischauser, Tischauser, Springfield Organizations: Nazi, Haitian, Nielsen, Facebook, Springfield Police Division, NBC News, Blood, Metrics, 4chan, Trump, Commission, Springfield, Southern Poverty Law Center, Disney, GOP Locations: Springfield , Ohio, Springfield, Fountain, Columbus , Ohio, MAGA, downtown Springfield, “, Springfield Ohio, Haitian, ’, Columbus, Wadsworth , Ohio, Watertown , Wisconsin, Madison, Harrisburg , Pennsylvania, Nashville , Tennessee, Pierre, South Dakota

No one can keep former President Donald Trump away from Laura Loomer. A senior official from Trump’s 2020 campaign team said that helps explain why Loomer is no longer being kept at arm’s length. “Senator Graham is working tirelessly day and night to help re-elect President Trump,” Graham communications director Taylor Reidy responded in a statement to NBC News. Loomer is “not a member of our staff,” said a Trump campaign aide, who asked to remain anonymous. I don’t work for President Trump.”Last year, she said she would "gladly" serve as press secretary in a Trump White House.

Persons: Donald Trump, Laura Loomer, Loomer, Kamala Harris, Loomer’s, Marjorie Taylor Greene, Sen, Lindsey Graham, Graham, Corey Lewandowski, —, Trump, Harris, Greene, President Trump, ” Graham, Taylor Reidy, ” “, Joe Biden’s, ”, Hakeem Jeffries, “ Donald Trump, Joe Biden, “ Everybody’s, “ Organizations: stoke, Trump, NBC News, Republican, Congress, Indian, House, ”, Trump White House, Democrats, NYPD, FDNY, “ Locations: Loomer, Congress, Springfield , Ohio, Indian American, Greene, D

She has pushed conspiracy theories about undocumented immigrants registering to vote in November, and she touted the baseless story about Haitian immigrants eating cats. On Wednesday, Rep. Marjorie Taylor Greene, R-Ga., called for Loomer to delete an “extremely racist” post targeting Vice President Kamala Harris. “This does not represent President Trump. Greene has promoted antisemitic conspiracy theories and made controversial remarks about the Holocaust, comparing mask mandates to the Holocaust before later apologizing. She also previously expressed support for the far-right conspiracy theory QAnon and been criticized for a series of racist comments.

Persons: Donald Trump, Laura Loomer, Trump, Sen, JD Vance, Loomer, Kamala Harris, Joe Biden, Harris, Taylor Swift, Travis Kelce, Marjorie Taylor Greene, MAGA, ” Greene, ” Harris, Greene, George Floyd Organizations: Wednesday, Trump, NBC News, NBC Locations: New York, Manhattan, Ohio

Former President Donald Trump, during Tuesday’s presidential debate, pushed the baseless claim about Haitian immigrants in Ohio eating dogs and other pets. "They're eating the dogs, the people that came in, they're eating the cats," Trump said during an answer to a question about immigration. "They're eating the pets of the people that live there, and this is what's happening in our country, and it's a shame." Baseless rumors have spread on social media for days claiming that Haitian immigrants in Ohio are abducting and eating pets. Springfield Mayor Rob Rue repeated Tuesday that the city had no documented cases of immigrants eating pets.

Persons: Donald Trump, Trump, David Muir, Ohio Sen, JD Vance, Vance, “, Springfield Mayor Rob Rue, ”, Rue, Nathan Clark, Aiden, John Kirby, ” Kirby, Biden, Biden doesn’t, “ He’s, Hunter Biden Organizations: ABC News, Ohio, Republican, Springfield Mayor, NBC, White Locations: Ohio, U.S, Springfield , Ohio, Springfield, Haitian, Springfield —, Canton , Ohio, Haiti, Canton, Tuesday’s, Aurora , Colorado, China, Ukraine, Moscow’s, Moscow

☆ CNBC Daily Open: Banks might not love lower rates unconditionally
▼ + stars: | 2024-09-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Big price reportsThe U.S. consumer price index for August comes out later today, while the producer price index, which measures prices at the wholesale level, will be released a day later. They're the last major economic data the Federal Reserve will receive — and hence influence its decision on the size of cuts — before its meeting next week. Separately, JPMorgan shares fell 5.19% after the bank's president Daniel Pinto lowered expectations for next year's net interest income.

Persons: Dow, Jamie Dimon, JPMorgan Chase, stagflation, Daniel Pinto Organizations: CNBC, Nasdaq, Continental, BMW, Federal Reserve, JPMorgan, U.S, Apple Intelligence Apple Locations: Basel

☆ White House denounces ‘dangerous’ false claims about Haitian immigrants spread by Vance
▼ + stars: | 2024-09-10 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

The White House warned Tuesday that debunked claims about Haitian immigrants harming household pets could spill over into anti-immigrant violence, as Republican vice presidential nominee JD Vance vowed to keep spreading the rumor. National Security Council spokesman John Kirby said in a briefing with reporters that the false claims about immigrants were a “dangerous” variety of conspiracy theory. So, it needs to stop.”The rumor that Haitian immigrants are abducting and eating pets has spread widely on social media and has focused on Springfield, Ohio, a city with a large population of recent immigrants. The baseless claims have been described as racist because of the implication that Haitian immigrants, most of whom are Black, have barbaric practices or are incapable of living peacefully among white neighbors. Vance posted Tuesday on X that “a child was murdered by a Haitian migrant” and he said other local resources including health care and housing were becoming overwhelmed by demand from new arrivals.

Persons: Vance, John Kirby, ”, ” Kirby, Haiti’s, “ What’s, you’ve, that’s, let’s, Donald Trump, Marlene Daut, Springfield who’ve, ” Vance, wouldn’t, debunkings, don’t, Aiden Clark, Hermanio Joseph Organizations: National Security, Police, Republican Party, Republican, Yale University, NBC News Locations: Springfield , Ohio, Springfield, France, Ohio, Haitian

☆ Federal Reserve unveils toned-down banking regulations in victory for Wall Street
▼ + stars: | 2024-09-10 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

Federal Reserve Board Vice Chair for Supervision Michael S. Barr testifies at a Senate Banking, Housing and Urban Affairs Committee hearing on "Recent Bank Failures and the Federal Regulatory Response" on Capitol Hill in Washington, March 28, 2023. Introduced in July 2023, the regulatory overhaul known as the Basel Endgame would've boosted capital requirements for the world's largest banks by roughly 19%. The change comes after banks, business groups, lawmakers and others weighed in on the possible impact of the original proposal, Barr told an audience at the Brookings Institution. "There are benefits and costs to increasing capital requirements. That would likely boost capital requirements by 3% to 4% over time, Barr said.

Persons: Michael S, Barr, Michael Barr, could've, Jamie Dimon Organizations: Banking, Housing, Urban Affairs, Federal, Fed, Federal Deposit Insurance Corp, Brookings Institution, JPMorgan Chase Locations: Washington, Basel

☆ Federal Reserve unveils toned-down banking regulation in victory for Wall Street
▼ + stars: | 2024-09-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFederal Reserve unveils toned-down banking regulation in victory for Wall StreetCNBC's Leslie Picker joins 'Squawk on the Street' with breaking news as a top Federal Reserve official unveils an overhaul of the Basel Endgame that will increase the number amount of capital requirements for the largest banks by 9%.

Persons: Leslie Picker Organizations: Federal, Wall

☆ Opinion | Nate Silver on How Kamala Harris Changed the Odds
▼ + stars: | 2024-08-13 | by ( Ezra Klein | ) www.nytimes.com time to read: +81 min

You know, Hillary Clinton, who was, I think, kind of a terrible candidate, won the popular vote by two points. So I don’t think they gave her a very good hand to play. It doesn’t matter who you are, it matters that you’re right and you’re able to prove it or bet on it in some way. What wasn’t in the Harris model that should have been?” “Yeah, maybe you really can meme your way to victory. And there’s something in it that I don’t think she can explain how she does it, but it makes her a fascinating leader.

Persons: Nate Silver, ”, ESPN’s Nate Silver, Silver, He’s, “ Savage, ” “, he’s, Ezra, Harris, we’ve, Kamala Harris, Donald Trump’s, There’s, Hillary Clinton, she’s, She’s, Gavin Newsom, It’s, Biden, I’m, you’re, Joe Biden, Democratic Party Harris, Liz, —, “, Donald Trump, that’s, George W, Bush, Donald Trump wasn’t, it’s, Michael Jackson, Woody Allen, ’, Chick, don’t, George Floyd, ‘ COVID, COVID, Peter Thiel, Elon Musk, Michael Moritz, Elon, Mark Cuban, Thiel, Max Chafkin, Mark Zuckerberg, Larry Page, Sergey Brin, Marc Andreessen, Ted Cruz, Sam Bankman, Tom Brady, SBF, Carrick Flynn, Oregon’s, I’m Carrick Flynn, Tara MacAulay, vouched, Bill Clinton, Tyler Cowen, they’ve, Jane, JD Vance, Peter Thiel’s, Vance, Trump, Steve Bannon, Don Trump, Jr, Tucker Carlson, Tim Walz, Josh Shapiro, Tell, you’ve, Shapiro, Walz, I’ve, Iglesias, Obama, Susan Collins, Joe Manchin —, Jon Tester, ” “ Sherrod Brown, I’d, Dana White, Hulk Hogan, Joe Biden’s, — let’s, Mike Donilon, Kennedy, ” “ Tim Alberta, Georgia —, Brian Kemp, Blake Masters, Rick Scott, ” “ Trump, Doug Burgum, Black, didn’t, — Woodrow Wilson, Harry Truman, Michael Jordan, everyone’s, Nancy Pelosi’s, Nancy Pelosi, Joe ’, we’re, I’ll, John Coates, Richard Rhodes, Natasha Schüll, Natasha Organizations: Oracle, Trump, Democratic Party, Facebook, Twitter, The New York Times, ’ Harvard University, Democratic White House, Republican White House, Democratic, Silver, George, Vegas, Poker, extroversion, Elon, Sequoia Capital, McLaren, Paypal, Republican, New, PAC, Alameda, Las, Ohio Senate, underperform, White, UFC, RNC, Biden, Biden ., National Association of Black Journalists, Deutsche Bank, Manhattan Project, Design Locations: Nate, Russian, Russia, ’, Elon, Florida, predestiny, Bahamas, Sam, Africa, New York, Oregon, Las Vegas, Petersburg, United States, Ohio, Trump, Minnesota, ” “ Pennsylvania, Pennsylvania, Gaza, Chicago, Montana, Nevada, North Carolina, Georgia, Nevada , Arizona, Biden . Georgia, Carolina, Arizona, Ukraine, LA, It’s, Vegas

☆ Novak Djokovic beats Carlos Alcaraz to win Olympic gold and career Golden Slam
▼ + stars: | 2024-08-04 | by ( Matthew Futterman | James Hansen | ) www.nytimes.com time to read: +12 min

Relive how Novak Djokovic won Olympic gold against Carlos Alcaraz with game-by-game live coverage from the matchPARIS — Novak Djokovic beat Carlos Alcaraz 7-6(3), 7-6(2) in the men’s singles Olympic final at Roland Garros in Paris on Sunday. Djokovic won in four. GO DEEPER Novak Djokovic and Carlos Alcaraz meet in a Wimbledon final duel of the extraordinaryThe first set lasted 93 minutes. After the Wimbledon final, Djokovic was largely sanguine about how soundly he had been beaten, saying Alcaraz was simply better in every department. It was a confidence and a quality not seen since that French Open final in 2023 and perhaps the US Open final in the same year.

Persons: Novak Djokovic, Carlos Alcaraz, PARIS — Novak Djokovic, Roland Garros, Alcaraz, Matt Futterman, James Hansen, Djokovic, Philippe, Chatrier, Miguel Medina, Novak, crunching forehands, Patricia de Melo Moreira, deuce, hadn’t, Lorenzo Musetti, Thibaud Moritz, ” Djokovic, “, Jelena's, ”, Roger Federer, Alex de Souza, Carlos, Rafa, Spain …, Matthew Stockman Organizations: Olympic, PARIS, Djokovic, Wimbledon, Games, Getty, Cincinnati, Olympics, U.S, Serbia, Spain Locations: Paris, AFP, Alcaraz

Bach said there was “never any doubt” about Yu-ting and Khelif being women. The decision came shortly after Khelif beat Russian boxer Azalia Amineva, who was previously undefeated. Jan Woitas / dpa / picture alliance via Getty Images“I strongly condemn the baseless attacks on our athlete, Imane Khelif, by certain foreign outlets,” Abderrahmane Hammad, Algeria’s minister of youth and sports, wrote on X. “Simply put, Imane Khelif and the other athletes being targeted met the criteria to compete in the Olympics. Yu-ting, 28, beat Uzbekistan’s Sitora Turdibekova on Friday and will face Bulgaria’s Svetlana Kamenova Staneva on Sunday.

Persons: Imane Khelif, Thomas Bach, Lin Yu, Hungarian Anna Luca Hamori, Khelif, “, Bach, ” Bach, Angela Carini, Carini, Yu, Fabio Bozzani, Umar Kremlev, Vladimir Putin, Azalia Amineva, ”, Amar Khelif, Sheng Jiapeng, ” Carini, Harry Potter ”, J.K, Rowling, she’s, ” Rowling, Donald Trump, Jan Woitas, Imane, Abderrahmane Hammad, ” Ismaël, Nikki Hiltz, ” Khelif’s, Hungary’s Anna Luca Hamori, Uzbekistan’s Sitora Turdibekova, Svetlana Kamenova Staneva Organizations: Olympic, Hungarian, IOC, Paris Games, Khelif, Getty, International Boxing Association, Tokyo Games, Reuters, International Olympic, Algerian national, Olympic Games, Black Justice, “ Locations: Italy, Algerian, Anadolu, New Delhi, Russia, Paris, ’

☆ Boxer Imane Khelif, previously barred from women's events, wins first Paris Olympics fight
▼ + stars: | 2024-08-01 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Matt-Lavietes-Byline-Jm.Jpg | Matt Lavietes | ) www.nbcnews.com time to read: +5 min

A female boxer whose gender identity has recently been questioned won her first fight at the Paris Olympics on Thursday. Imane Khelif of Algeria defeated Angela Carini of Italy after Carini quit 46 seconds into the match. “Full support for our champion Imane Khelif, who is suffering a wave of unjustified hatred,” he wrote on X. Abderrahmane Hammad, Algeria’s minister of youth and sports, addressed concerns over Khelif’s gender identity Wednesday. “I strongly condemn the baseless attacks on our athlete, Imane Khelif, by certain foreign outlets,” he wrote on X.

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