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☆ Witness may challenge Michael Cohen claims in Trump case
▼ + stars: | 2023-03-20 | by ( Karen Freifeld | ) www.reuters.com time to read: +5 min

[1/2] Former U.S. President Donald Trump greets supporters accompanied by Iowa Governor Kim Reynolds during a campaign rally, in Davenport, Iowa, U.S. March 13, 2023. Robert Costello has been asked to appear before the grand jury at the request of Trump's lawyers because he may have information that calls into question events as described by Michael Cohen, Trump's former lawyer, the source said. Cohen testified before the grand jury twice last week. Trump, who is seeking the 2024 Republican presidential nomination, has said he would continue campaigning even if charged with a crime. The grand jury will determine whether there is sufficient evidence to formally charge Trump with a crime.

☆ Hedge fund manager Nelson Peltz says the government should insure all bank deposits — for a price
▼ + stars: | 2023-03-20 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

The federal government should expand its guarantee to all bank deposits regardless of size in order to slow bank runs, but it should charge customers for that insurance, hedge fund manager Nelson Peltz said Monday. The additional insurance premium would, for example, could come out of the CD interest payments on large deposits, Peltz said. The hedge fund manager is not the only person calling for raising the insurance threshold. Regional bank stocks were largely rebounding on Monday, though First Republic was still under pressure despite receiving $30 billion in deposits from other banks. Peltz said it was important to make changes to the deposit insurance program even if the current situation stabilizes.

☆ Talk of Trump arrest builds sympathy for the former president, Sununu says
▼ + stars: | 2023-03-19 | by ( ) www.reuters.com time to read: +4 min

[1/2] Former U.S. President Donald Trump greets supporters accompanied by Iowa Governor Kim Reynolds during a campaign rally, in Davenport, Iowa, U.S. March 13, 2023. He did not cite any evidence for his arrest concerns and his spokesman said the former president had not been notified of any impending arrest. "It's building a lot of sympathy for the former president," Sununu, also a Republican, told CNN's "State of the Union" program, saying he spoke to some people on Sunday who were not "big Trump supporters but they all said ... they felt he was being attacked." Sununu, a relative moderate, is considering a run and appeared to be trying to avoid alienating Trump supporters. McMaster and former economic adviser Gary Cohn on Sunday both urged Trump supporters to respond peacefully to any developments this week.

☆ Former Goldman Sachs CEO Blankfein says U.S. banking crisis will slow growth
▼ + stars: | 2023-03-19 | by ( Kanishka Singh | ) www.reuters.com time to read: +3 min

WASHINGTON, March 19 (Reuters) - Former Goldman Sachs (GS.N) CEO Lloyd Blankfein said on Sunday the banking crisis in the United States was going to expedite overall credit tightening and slow the U.S. economy. Banks will have to, you know, because of the tension, because of the pressure and uncertainties, banks will husband their equity," Blankfein told CNN in an interview on Sunday. So, some of the mission of the Fed in trying to slow the economy will be done here," the former Goldman Sachs CEO added. Gary Cohn, who served as economic adviser to former President Donald Trump and is also a former Goldman Sachs president, told CBS News that Federal Reserve Chair Jerome Powell was in a "tough spot." I personally - I personally think it would be okay to stop here," Blankfein told CNN.

☆ Why Goldman’s consumer ambitions failed, and what it means for CEO David Solomon
▼ + stars: | 2023-02-27 | by ( Hugh Son | ) www.cnbc.com time to read: +10 min

That's because many of the decisions Solomon made over the next four years — along with aspects of the firm's hard-charging, ego-driven culture — ultimately led to the collapse of Goldman's consumer ambitions, according to a dozen people with knowledge of the matter. Goldman executives were eager to seal the deal with the tech giant, which happened before Solomon became CEO, they added. The rapid growth of the card, which was launched in 2019, is one reason the consumer division saw mounting financial losses. Within months, Ismail left Goldman, sending shock waves through the consumer division and deeply angering Solomon. Goldman should plow some of those volatile earnings into more durable consumer banking revenues, the thinking went.

☆ What Carlyle wants from incoming CEO Harvey Schwartz: Fix the firm's lagging stock price as it faces a sour market
▼ + stars: | 2023-02-07 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +4 min

The firm's interim CEO, Bill Conway, said Schwartz will be tasked with boosting the stock price. First of all, we want to increase the stock price," said William Conway, a Carlyle cofounder and interim CEO. Notably, he has the opportunity to make some $180 million over five years, depending on how well the firm's stock performs, according to a regulatory filing. The uncertainty that came with the firm's scramble to find a new leader has weighed on the firm's stock price. On Tuesday morning, Carlyle stock dropped 3% while the S&P 500 fell less than 1%.

☆ Jerome Powell left the door open for any potential outcome, says Gary Cohn
▼ + stars: | 2023-02-01 | 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 EmailJerome Powell left the door open for any potential outcome, says Gary CohnFormer National Economic Council Director Gary Cohn joins 'Closing Bell' to offer his reaction to Fed Powell's comments on rate raises, labor dependency, and the JOLTS data takeaways.

☆ Watch CNBC's full interview with Fmr. National Economic Council Director Gary
▼ + stars: | 2023-02-01 | 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 EmailWatch CNBC's full interview with Fmr. National Economic Council Director GaryFormer National Economic Council Director Gary Cohn joins 'Closing Bell' to respond to Fed Powell's comments on rate raises, labor dependency, and the JOLTS data takeaways.

☆ Fmr. National Economic Council Director Gary Cohn expects 25-basis points in February and March
▼ + stars: | 2022-12-14 | 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 EmailFmr. National Economic Council Director Gary Cohn expects 25-basis points in February and MarchFormer National Economic Council Director Gary Cohn joins 'Closing Bell' to discuss expectations for the timeline of quantitative easing, the wage component of the inflation situation and stimulus as pent-up demand.

☆ Sinema widens gap between Democrats and Wall Street
▼ + stars: | 2022-12-09 | by ( Ben Winck | ) www.reuters.com time to read: +3 min

WASHINGTON, Dec 9 (Reuters Breakingviews) - Big finance has lost an ally in the U.S. Democratic Party. Some of the biggest names on Wall Street have similarly tied themselves to the Republican Party’s leaders. But the gap between Democrats and the financial sector has been growing for years. Sinema’s exit, while it won’t change much in Washington, gives Wall Street one more reason to come off the fence. Follow @BenWinck on TwitterCONTEXT NEWSSenator Kyrsten Sinema said on Dec. 9 that she will change her party registration from Democrat to political independent.

☆ Sinema widens gap between Democrats and Wall St
▼ + stars: | 2022-12-09 | by ( Ben Winck | ) www.reuters.com time to read: +3 min

☆ The House will aggressively try to return the U.S. to energy independence, says Gary Cohn
▼ + stars: | 2022-11-09 | 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 EmailThe House will aggressively try to return the U.S. to energy independence, says Gary CohnGary Cohn, vice chairman at IBM and former National Economic Council director, and former SEC Chairman Jay Clayton join CNBC's 'Squawk Box' to discuss the midterm election results, crypto, and more.

☆ European lottery group Allwyn calls off SPAC deal to list on NYSE
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterSept 23 (Reuters) - European lottery group Allwyn Entertainment said on Friday it has called off its deal with a blank-check company that would have seen its shares list in New York, citing volatile market conditions. Allwyn struck a merger deal with the blank-check firm Cohn Robbins Holdings Corp (CRHC.N)in January, putting the combined firm's enterprise value at about $9.3 billion at that time. Register now for FREE unlimited access to Reuters.com RegisterAllwyn's announcement comes the same day as the SPAC backed by private equity firm TPG Inc (TPG.O)decided to wind down its operations, also citing market volatility. Cohn Robbins, set up by Gary Cohn, a former economic adviser to former U.S. President Donald Trump, and investor Clifton Robbins, raised $828 million from investors in September 2020. Register now for FREE unlimited access to Reuters.com RegisterReporting by Rhea Binoy in Bengaluru; Editing by Shailesh Kuber and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Watch CNBC's full interview with Gary Cohn, former NEC director
▼ + stars: | 2022-09-21 | 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 EmailWatch CNBC's full interview with Gary Cohn, former NEC directorGary Cohn, former NEC director and former Goldman Sachs president, joins 'Closing Bell' to discuss the volatile market activity in response to Fed Chair Jerome Powell's remarks, the lag of Fed policy, and what to expect from future rate hike announcements.

☆ Fed policy can be distorted by a lead-lag effect, says fmr. NEC Director Gary Cohn
▼ + stars: | 2022-09-21 | 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 EmailFed policy can be distorted by a lead-lag effect, says fmr. NEC Director Gary CohnGary Cohn, former NEC director and former Goldman Sachs president, joins 'Closing Bell' to discuss the volatile market activity in response to Fed Powell's remarks, the slow impact of Fed policy, and what to expect from future rate hike announcements.

☆ Prima femeie la conducerea Trezoreriei SUA: Cine este Janet Yellen, preferata lui Joe Biden pentru șefia finanțelor Americii
▼ + stars: | 2020-11-24 | by ( ) www.jurnal.md time to read: +1 min

Dacă va fi secretar al Trezoreriei SUA, Janet Yellen se va ocupa probabil de coordonarea răspunsului economic al administraţiei Biden la pandemia de coronavirus (Covid-19), care a dus la o recesiune severă şi la un şomaj ridicat. De asemenea, secretarul american al Trezoreriei supervizează politica fiscală, datoria publică şi sancţiunile financiare impuse de SUA. În urma informaţiilor privind desemnarea lui Janet Yellen la conducerea Trezoreriei SUA, bursele americane au crescut luni, investitorii apreciind că vor fi adoptate măsuri fiscale importante pentru combaterea crizei economice. Donald Trump a încălcat tradiţia de la Washington când a decis să nu o numească pe Janet Yellen pentru al doilea mandat la conducerea Rezervei Federale a SUA. Începând de la Bill Clinton în anii '90, preşedintele îi păstrează pe oficialii cheie ai Fed numiţi de predecesorii săi în vederea depolitizării activităţii Rezervei Federale a SUA.

Persons: Janet Yellen, Biden, Janet Yellen Janet Yellen, SUA . Ea, Bill Clinton . Luni, Gary Cohn, investiţii Goldman Sachs, Donald Trump, Joe Biden, Twitter . Donald Trump, Bill Clinton Organizations: american, Trezoreriei, Universitatea Yale, Federale Locations: SUA, Trezoreriei SUA, Washington

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