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☆ Fact check: Vance falsely claims Trump did not ‘go after his political opponents’ as president
▼ + stars: | 2024-10-15 | by ( Daniel Dale | ) edition.cnn.com time to read: +9 min

Washington CNN —Sen. JD Vance, the Republican vice presidential nominee, falsely claimed Sunday that former President Donald Trump “didn’t go after his political opponents” during his presidency – an assertion that is contradicted by a mountain of evidence. As president, Trump publicly and privately pressured the Justice Department, and others in his administration, to investigate or prosecute numerous political opponents. Trump made extensive behind-the-scenes efforts to get his political opponents charged with crimes. But you don’t have to rely on investigative reporting or the memoirs of former administration officials to know that Trump went after political opponents as president. As CNN reporter Marshall Cohen has noted, there is a long list of political opponents whom Trump publicly called for the Justice Department and others to investigate or prosecute.

Persons: Washington CNN — Sen, JD Vance, Donald Trump “ didn’t, ”, –, Vance, Trump, Martha Raddatz, “ Martha, didn’t, Marshall Cohen, Hillary Clinton, Joe Biden, Hunter Biden, John Kerry, John Bolton, Barack Obama, Obama, Joe Scarborough, James Comey, Christopher Steele, Nancy Pelosi, Adam Schiff of, Ilhan Omar, Minnesota, Sen, Richard Blumenthal, Mark Warner of Virginia, Taylor Van Kirk, Kamala Harris, Joe Biden’s, Clinton, Biden, “, ” Clinton, John Kelly, Harris, Van Kirk, General Merrick Garland, harangued, Jeff Sessions, ” Trump, Hunter Biden –, William Barr, Bill Barr indicts, we’ll, Justice Department Trump, Barr, he’s, You’ve, ’ ” Trump, Sessions, Robert Mueller, Mueller, Bolton, Kerry, Geoffrey Berman, Berman, Trump’s, John Durham, Rudy Giuliani Organizations: Washington CNN, Republican, ABC News, Justice Department, CNN, Democratic, New York Times, Trump, MSNBC, FBI, Adam Schiff of California, Richard Blumenthal of Connecticut, Joe Biden’s DOJ, Trump -, Homeland Security, White, IRS, Fox News Locations: Richard Blumenthal of, Ukraine, China, Russia, Comey, Trump’s

☆ Nobel economics prize goes to global inequality researchers
▼ + stars: | 2024-10-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

Three U.S.-based academics won the 2024 Nobel economics prize on Monday for their research into why global inequality persists, especially in countries dogged by corruption and dictatorship. The laureates have demonstrated the importance of societal institutions for achieving this,” said Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences. Last year, Harvard economic historian Claudia Goldin won the prize for her work highlighting the causes of wage and labour market inequality between men and women. In 2019, economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the award for work on fighting poverty. The economics prize has been dominated by U.S. academics since its inception, while U.S.-based researchers also tend to account for a large portion of winners in the scientific fields for which 2024 laureates were announced last week.

Persons: Simon Johnson, James Robinson, Daron Acemoglu, ”, Jakob Svensson, Alfred Nobel, Acemoglu, ” Acemoglu, Johnson, Robinson, Milton Friedman, John Nash —, Russell Crowe, Ben Bernanke, Claudia Goldin, Abhijit Banerjee, Esther Duflo, Michael Kremer, Victor Ambros, Gary Ruvkun, Japan’s Nihon Organizations: Royal Swedish Academy of Sciences, Economic Sciences, Bank, Sveriges, Massachusetts Institute of Technology, University of Chicago, Technology, Federal, Research, Harvard, U.S Locations: U.S, Hiroshima, Nagasaki

☆ Why Honeywell CEO Vimal Kapur doesn't think the AI payoff will come from productivity
▼ + stars: | 2024-10-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

As CEO of one of the world's largest industrial conglomerates, Honeywell 's Vimal Kapur doesn't think about AI like most individuals. "There is always a trend which makes your skills obsolete, every five years," Kapur said at the recent CNBC Evolve: AI Opportunity Summit in New York City. The AI opportunity for Honeywell is creating a new labor pool that can learn and work alongside AI and accumulate and deploy institutional knowledge much faster. "The future belongs to companies with 'first-order' data sets," he told CNBC "Closing Bell Overtime" anchor Jon Fortt at the Evolve: AI Opportunity event. "Data and data sets are the next frontier for AI," Delangue said.

Persons: Kapur, It's, it's, Jake Loosararian, Jon Fortt, Clément Delangue, Delangue, Katherine Forrest, Paul, Weiss, Garrison, Honeywell's Kapur Organizations: Honeywell, Labor, Nvidia, Gecko Robotics, CNBC, Amazon, Google Locations: New York City, industrials, Rifkind, Wharton

☆ There's not much consensus for a Fed pause right now, says Roger Ferguson
▼ + stars: | 2024-10-14 | 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 EmailThere's not much consensus for a Fed pause right now, says Roger FergusonFormer Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, rate path outlook, and more.

Persons: Roger Ferguson Organizations: Roger Ferguson Former Federal

☆ New lawsuits against TikTok mirror those against Big Tobacco and Purdue Pharma
▼ + stars: | 2024-10-14 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +5 min

Attorneys general in 14 different states filed lawsuits against TikTok last week. The suits mirror earlier ones against Big Tobacco and Purdue Pharma, legal experts told BI. The Sackler family, owners of Purdue Pharma, ultimately paid over $3 billion in settlements for misleading advertising related to their products. Purdue Pharma later filed for bankruptcy, but the Supreme Court struck down a $7 billion bankruptcy plan in June that would have given the Sackler's immunity from future civil suits. With the prospect of that federal ban looming next year, a slew of federal lawsuits helps shape public opinion and "pressure lawmakers to act," Rahmani said.

Persons: —, Adam Wandt, John Jay, Wandt, It's, wouldn't, Rahmani, Sackler, TikTok Organizations: TikTok, Big Tobacco, Purdue Pharma, Service, John, John Jay School of Criminal, Big Tech, Meta, Google, NPR Locations: California, United States

☆ The job market may be strong, but tell that to anyone looking for work or feeling stuck
▼ + stars: | 2024-10-11 | by ( Madison Hoff | Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

September's robust job growth signaled what looks like a booming labor market. In general, the job market is booming. There's some tension hiding in the dataOn its face, the labor market is looking rosy. Job openings ticked up in August but have been broadly declining since 2022, adding to the tough labor market picture for job seekers. Related storiesEven though the labor market has cooled, it's largely done so without mass layoffs or a full-blown recession.

Persons: —, Cory Stahle, they're, Liz Wilke, Elizabeth Renter, Matt Colyar, Claudia Sahm, Julie Su, Wilke, It's Organizations: Service, Workers, Moody's, New Century Advisors, mhoff

☆ The job market is in the 'Twilight Zone,' top economist Claudia Sahm says
▼ + stars: | 2024-10-07 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The US job market is in a strange quandary, according to Claudia Sahm. The September jobs report was huge, but Sahm said the labor market is still cooling. AdvertisementThe job market is in a weird spot, even after Friday's stunningly strong nonfarm payroll report, Claudia Sahm says. The former Federal Reserve economist and the creator of a highly watched recession indicator pointed to signs that the labor market is cooling, despite September's blowout jobs report. Other forecasters have said the job market remains in uncertain territory, though labor conditions are generally on strong footing.

Persons: Claudia Sahm, Sahm, —, they're Organizations: Employers, Service, Federal Reserve, Bloomberg, Challenger, Atlanta Fed

☆ Ferguson: This number is one of several that will be important.
▼ + stars: | 2024-10-04 | 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 EmailFerguson: This number is one of several that will be important. Former Federal Reserve Vice Chair Roger Ferguson underscores the importance of the upcoming jobs report for potential rate cuts, noting that it's one of many factors the Fed will consider.

Persons: Ferguson, Roger Ferguson Organizations: Former Federal

☆ Celebrities who partied with Diddy may want to contact their lawyers
▼ + stars: | 2024-10-04 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +9 min

Celebrities who partied with Combs may want to consult their lawyers, entertainment attorneys told BI. AdvertisementCelebrities who attended Sean "Diddy" Combs' parties should consider lawyering up, even if they attended one of his more high-profile soirees. "He's had many legitimate parties over the years and, chances are, most celebrities and guests were not aware of his sex parties." AdvertisementThe "Freak Offs," prosecutors say, occurred regularly, often in hotel rooms, and sometimes lasted multiple days. "Sean Combs' white parties and other events were iconic, a true convergence of hip-hop, Hollywood, and Black excellence.

Persons: Sean, Diddy, Combs, —, Wayne Dennison, Brown Rudnick, Johnny Depp, Amber Heard, Dennison, Neama Rahmani, they're, Rahmani, Stuart Morton, Camron, Mills Sadat Dowlat, Tre Lovell, Lovell, He's, Marc Agnifilo, Jane Rosenberg, Sean Combs, Johnny Nunez, WireImage, Adria, Jonathan Davis Organizations: Service, Hamptons, West, Trial, Getty, Los, Lovell, Reuters, White Party Locations: Beverly Hills, St, Manhattan, Brooklyn, Los Angeles, Miami

☆ New Century's Claudia Sahm talks what to expect from the September jobs report
▼ + stars: | 2024-10-03 | 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 EmailNew Century's Claudia Sahm talks what to expect from the September jobs reportClaudia Sahm, New Century Advisors chief economist and former Fed economist, joins 'Closing Bell Overtime' to talk Friday's jobs data and how it will impact the Federal Reserve's next rate hike decision.

Persons: Claudia Sahm Organizations: Claudia Sahm , New Century Advisors, Fed, Federal Locations: Claudia Sahm ,

☆ These 3 indicators are pointing to a healthy labor market similar to the pre-pandemic boom, according to Goldman Sachs
▼ + stars: | 2024-10-02 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

Investors are worried that labor market weakness could thwart a soft landing. AdvertisementAs inflation creeps downward, investors are increasingly turning their attention to the labor market to look for clues of a soft landing. Labor market fundamentals remain strong, according to Joseph Briggs, co-lead of Goldman Sachs' global economics team and a former Federal Reserve senior economist. "If we take a broad assessment across a number of different labor market indicators, they are still roughly where they were from 2017 to 2019, and that was a pretty healthy labor market," Briggs said. AdvertisementIn Briggs' view, the following three indicators point to a normalizing late-cycle labor market, and in turn, a strong economy.

Persons: Goldman Sachs, Joseph Briggs doesn't, Briggs, —, shouldn't, Joseph Briggs, We're Organizations: Service, Labor, Federal Reserve, Real

☆ Former FAA contractor indicted over claims that he worked as a secret agent for Iran, DOJ says
▼ + stars: | 2024-09-29 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +3 min

Former FAA contractor Abouzar Rahmati was indicted over claims he was spying for Iran, the DOJ said. AdvertisementA former Federal Aviation Administration (FAA) contractor has been indicted over claims that he used his position to spy for Iran, the Department of Justice said. Before working for the FAA, Rahmati was a First Lieutenant in the Islamic Revolutionary Guard Corps (IRGC) from around June 2009 until roughly May 2010, according to the indictment. Related storiesWhile working for the company, the department said he downloaded "sensitive non-public" documents related to the FAA and took them to Iran in April 2022. AdvertisementThe DOJ and the Islamic Republic of Iran did not immediately respond to requests for comment.

Persons: Abouzar Rahmati, Rahmati, —, Abouzar, Iran —, Robert Wells Organizations: FAA, DOJ, Service, Federal Aviation Administration, Department of Justice, Islamic Revolutionary Guard Corps, NAS, FBI's National Security Branch Locations: Iran, Iranian, Islamic Republic of Iran

☆ Buffalo Wild Wings is still fighting in court to prove its boneless wings aren't just 'chicken nuggets'
▼ + stars: | 2024-09-28 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +5 min

Buffalo Wild Wings is defending its "boneless wings" in court against deceptive marketing claims. Buffalo Wild Wings argue it is 'common sense' that they are not actually wings, citing another case. AdvertisementBuffalo Wild Wings has been fighting in court for over a year to prove that its "boneless wings" aren't just chicken nuggets. In court papers, lawyers for Halim argue that the boneless wings are "more akin in composition to a chicken nugget rather than a chicken wing." Buffalo Wild Wings did not immediately respond to a request for comment about the lawsuit filings.

Persons: —, Aimen Halim, Halim, Tom's, Bill Marler, Marler Organizations: Buffalo Wild Wings, Service, Buffalo, Wings, Ohio Supreme, REKM Locations: Ohio

☆ Expect the Fed to cut two more times this year, says Roger Ferguson
▼ + stars: | 2024-09-27 | 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 EmailExpect the Fed to cut two more times this year, says Roger FergusonFormer Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, interest rate outlook, and more.

Persons: Roger Ferguson Organizations: Roger Ferguson Former Federal

☆ What it would take to remove embattled New York City Mayor Eric Adams from office
▼ + stars: | 2024-09-27 | by ( Alice Tecotzky | Lloyd Lee | ) www.businessinsider.com time to read: +4 min

NYC Mayor Eric Adams insisted that he will remain in office despite his indictment. However, the city's charter outlines two ways Adams could be forcibly removed from his position. AdvertisementAfter news broke that New York City Mayor Eric Adams was indicted on five criminal counts, many other politicians started calling on him to resign his post. The committee includes five members: New York City's top attorney, the comptroller, the City Council speaker, the borough president serving the longest consecutive term, and a deputy mayor that the mayor selects, the city charter states. If Adams is removed from office or resigns, Jumaane Williams, the city's public advocate, would serve as acting mayor.

Persons: Eric Adams, Adams, Kathy Hochul, —, Adrienne Adams, Donovan Richards, Brad Lander, Richards, Lander, Muriel Goode, Trufant, Goode, Randy Mastro, Fabien Levy, Jumaane Williams, Williams, Gracie Organizations: Service, New, New York City, Gov, York, City Council, City, Speaker, The New York Times Locations: New York, Gothamist , New York City, Lander, —

☆ Ferguson: Volatility will come from being data dependent.
▼ + stars: | 2024-09-26 | 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 EmailFerguson: Volatility will come from being data dependent. Roger Ferguson, former Federal Reserve Vice Chairman and CEO of TIAA, discusses the communication from Federal Reserve officials, noting it aligns with past trends to avoid falling behind the curve.

Persons: Roger Ferguson Organizations: Federal, Federal Reserve

☆ Employment data points to two 25bps cuts to end the year, says PIMCO's Richard Clarida
▼ + stars: | 2024-09-26 | 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 EmailEmployment data points to two 25bps cuts to end the year, says PIMCO's Richard ClaridaRichard Clarida, PIMCO global economic advisor and former Federal Reserve vice chairman, joins CNBC's 'Closing Bell' to the Fed's path for rate cuts moving forward, the validity recession fears, and more.

Persons: PIMCO's Richard Clarida Richard Clarida Organizations: Federal Reserve

☆ Caroline Ellison, whose testimony helped convict Sam Bankman-Fried, faces her own sentencing
▼ + stars: | 2024-09-24 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —A year ago, Caroline Ellison was preparing to testify against her former boss and ex-boyfriend in one of the biggest fraud trials in US history. Ellison, who ran Alameda, pleaded guilty to seven federal counts of fraud and conspiracy shortly after FTX’s collapse. A jury last year convicted former crypto billionaire Sam Bankman-Fried on multiple counts of federal fraud and conspiracy. Over three days on the stand, Ellison, who is 29, repeatedly reinforced that throughout her years at Alameda, the buck stopped with Bankman-Fried. While sentencing is entirely up to Judge Kaplan’s discretion, legal experts say it’s highly unlikely Ellison will end up in prison.

Persons: CNN Business ’, Caroline Ellison, she’ll, FTX, Ellison, Sam Bankman, Lewis Kaplan, Ellison’s candor, Angela Weiss, “ Sam, ”, Dennis Kelleher, “, Kaplan’s, Jordan Estes, Kramer Levin, Josh Naftalis, Kaplan, Pallas, Ryan Salame, Nishad Singh, Gary Wang Organizations: CNN Business, New York CNN, Alameda Research, Getty, Better, of, New, Bankman Locations: New York, Alameda, Bankman, of New York

☆ Caroline Ellison could face no jail time for role in FTX collapse
▼ + stars: | 2024-09-24 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Caroline Ellison, former chief executive officer of Alameda Research LLC, center, arrives at court in New York, US, on Tuesday, Oct. 10, 2023. Caroline Ellison was the star witness in the criminal case against disgraced FTX founder Sam Bankman-Fried. Bankman-Fried and Ellison are both, in the eyes of the U.S. judicial system, guilty of the same crimes. Two counts of wire fraud, two counts of conspiracy to commit wire fraud, one count of conspiracy to commit securities fraud, one count of conspiracy to commit commodities fraud, and one count of conspiracy to commit money laundering. Unlike Bankman-Fried, Ellison agreed to a plea deal in December 2022.

Persons: Caroline Ellison, Sam Bankman, Fried, Ellison Organizations: Alameda Research, CNBC Locations: New York

☆ More than 400 economists, former White House advisors endorse Harris, warn against Trump policy agenda
▼ + stars: | 2024-09-24 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Democratic presidential nominee and Vice President Kamala Harris speaks to members of the media upon her arrival at Joint Base Andrews in Maryland on Sept. 22, 2024. More than 400 economists and former White House policy advisors announced their support for Vice President Kamala Harris over former President Donald Trump in an open letter Tuesday. "It is a choice between inequity, economic injustice, and uncertainty with Donald Trump or prosperity, opportunity, and stability with Kamala Harris." Some on the list, such as Biden's former National Economic Council Director Brian Deese, have already been advising the Harris campaign behind closed doors. Sean O'Keefe was deputy director of the Office of Management and Budget in former President George W. Bush's White House.

Persons: Kamala Harris, Donald Trump, Joe Biden, Barack Obama, Bill Clinton, Jason Furman, Roger Altman, Clinton, Penny Pritzker, Obama, Alan Blinder, Brian Deese, Harris, Sean O'Keefe, George W, Bush's, Phillip Braun, Ronald Reagan's Organizations: Democratic, Base Andrews, White, Republicans, Harvard, of Economic, Obama, Federal Reserve, Federal Trade Commission, Consumer Financial, Bureau, CNN, Economic, Republican, Management, Economic Advisers Locations: Maryland, U.S

☆ Will Caroline Ellison get jail time for her role in the $11 billion FTX fraud scheme? Here's what the judge must weigh.
▼ + stars: | 2024-09-24 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +9 min

Read previewOn Tuesday, a judge will decide what sentence to give Caroline Ellison, who pleaded guilty to conspiring with Sam Bankman-Fried in an $11 billion fraud scheme. Ellison's sentencing sets up a high-stakes balancing test. She still participated in a massive fraud scheme, after all, the value of which he put at $11 billion. Ellison was the SBF trial's star witnessEllison pleaded guilty to fraud and money laundering for her role in the FTX scandal. Because the Bankman-Fried case went to trial, Kaplan has a lot of information at his disposal when deciding Ellison's sentence.

Persons: —, Caroline Ellison, Sam Bankman, Lewis Kaplan, Bankman, Fried, Ellison, Kaplan, FTX, cooperators, Sarah Krissoff, Cozen O'Connor, Joshua Naftalis, That's, Naftalis, Fried JANE ROSENBERG, John J, Ray III, Ryan Salame, Salame's, Gary Wang, Nishad Singh, Ellison's, Krissoff Organizations: Service, Business, Alameda Research, LLP, Prosecutors, Fried JANE ROSENBERG Prosecutors, Securities Exchange Commission, Commodity Futures Trading Commission, Government, MIT, Bankman Locations: Bankman, Manhattan, Alameda, New York, Brooklyn

☆ How the Sean ‘Diddy’ Combs indictment compares to the R. Kelly sexual abuse cases
▼ + stars: | 2024-09-21 | by ( Dakin Andone | ) edition.cnn.com time to read: +9 min

Combs, meanwhile, was indicted in the Southern District of New York on three counts: racketeering conspiracy, sex trafficking and transportation to engage in prostitution. Members of the enterprise also witnessed acts of violence by Combs against the victims, it says. It was unclear whether Ventura reported any of the allegations of abuse to police and a federal lawsuit was later settled. Court sketch of Sean "Diddy" Combs in federal appeals court Wednesday, Sept 18., presided over by Judge Andrew Carter. The indictment against Combs outlines a number of alleged victims, women and sex workers among them, but does not say how many there are.

Persons: Sean “ Diddy ” Combs, Robert Sylvester Kelly, Combs, ”, Nadia Shihata, Kelly, ” Kelly, –, ” Robert Sylvester Kelly, Ann M, Donnelly, Christine Cornell, John Miller, ” Miller, ” Combs, Neama Rahmani, Casandra, Cassie ” Ventura, Ventura, ” Rahmani, Sean, Diddy, Judge Andrew Carter, ” “ He’s, ” CNN’s Eric Levenson contirbuted Organizations: CNN, of, of Illinois, Areva Martin, United States, Intelligence, Homeland Security Investigations, Southern District, of New York, West Locations: New York City, Eastern, of New York, York, Southern, New York, Illinois

☆ Diddy's 'attack the accuser' defense could easily backfire — but it may be all he has
▼ + stars: | 2024-09-20 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

AdvertisementBut as ugly as it is, going on the attack may be Combs' only defense, former federal prosecutors told Business Insider. Related storiesThose limits are set down in a section of the federal evidence statute known as "Rule 412." AdvertisementAgnifilo also mentioned a recorded conversation in which Ventura's lawyer asked Combs' lawyer for $30 million to keep the R&B star from publishing a tell-all book about the relationship. "That conversation, I guess, didn't go so well for her and the lawyer," Agnifilo said. Attacking the accuser can backfire at trialIf a judge does allow Combs to air his blame-the-accuser defense, it may backfire before a jury.

Persons: —, Sean Combs, Cassandra, Cassie, Ventura, Marc Agnifilo, Combs, Agnifilo, he'd, Johnny Depp, Amber Heard, Depp, Ephraim Savitt, Savitt, Agniflo, Diddy, — Combs, Andrew Carter, Jennifer Beidel, Sean, Jane Rosenberg, didn't, Jeff Kravitz, FilmMagic, Elizabeth Geddes, Kelly, Geddes Organizations: Service, Business, Prosecutors, Combs, FBI, Shihata, Geddes LLP Locations: Manhattan, besmirching, Dykema, Ventura, Brooklyn, Geddes

☆ The market gave the Fed 'permission' to cut 50 basis points this time, says Roger Ferguson
▼ + stars: | 2024-09-19 | 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 market gave the Fed 'permission' to cut 50 basis points this time, says Roger FergusonFormer Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss the Fed's interest rate decision, what was behind the central bank's decision to cut rates by 50 basis points, key takeaways from Fed Chair Powell's commentary, and more.

Persons: Roger Ferguson Organizations: Roger Ferguson Former Federal

☆ Former Fed Gov. Dan Tarullo: Fed is pivoting to a more future-oriented approach to monetary policy
▼ + stars: | 2024-09-19 | 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 EmailFormer Fed Gov. Dan Tarullo: Fed is pivoting to a more future-oriented approach to monetary policyDaniel Tarullo, Harvard Law School professor and former Federal Reserve Governor, joins 'Squawk Box' to discuss the Fed's interest rate decision, what was behind FOMC's decision to cut 50 basis points, takeaways from Fed Chair Powell's commentary, and more.

Persons: Dan Tarullo, Daniel Tarullo Organizations: Former, Harvard Law School, Federal Reserve Locations: takeaways

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