President-elect Donald Trump announced on Tuesday that he would nominate Fox News host Pete Hegseth to be his secretary of defence and former Texas congressman John Ratcliffe to be director of the CIA, as he tapped hardliners and loyalists to his national security and foreign policy teams. Hegseth, a 44-year-old army veteran who has no
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Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. Chancellor Rachel Reeves will on Thursday call for an overhaul of the UK system for consumer redress in the financial services sector, as lenders brace for a potential multibillion-pound bill for alleged mis-selling of
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump is considering appointing antitrust officials who may press on with the Biden administration’s crackdown on Big Tech’s market power, in what would represent a break with the Republican party’s traditionally business-friendly
<img src=”https://public.flourish.studio/visualisation/20266588/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were narrowly mixed Tuesday, ignoring larger U.S. Treasury market losses while stocks ended their breakneck pace of post-election gains to close the session down. Triple-A yield curves showed a mix of one to three basis point bumps and cuts, depending on the curve, while USTs saw losses of
Donald Trump has signalled a tough new stance on China with hawkish appointments to top foreign policy roles, according to experts in Washington, as the president-elect races to fill his most important cabinet roles. Trump on Tuesday named Mike Waltz, a Florida congressman and former Green Beret who has called China an “existential” threat, as
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Wall Street investors Scott Bessent and Howard Lutnick are the leading contenders to be Donald Trump’s Treasury secretary after hedge fund billionaire John Paulson dropped out of the race for the job. Paulson
In this article GLRE Follow your favorite stocksCREATE FREE ACCOUNT David Einhorn speaking in New York City on April 3, 2024. Adam Jeffery | CNBC Hedge fund investor David Einhorn’s cautious stance all year made his performance suffer as he navigated what he believes is the priciest stock market of his career at Greenlight Capital.
Traders work on the floor of the New York Stock Exchange. NYSE There’s been a rush of enthusiasm on Wall Street regarding Donald Trump’s election win, but hedge funds actually generate more alpha when the White House is occupied by a Democrat president than a Republican one, according to HFR, collating data going back to
Palm Beach County Comptroller Joseph Abruzzo said the doctrine of separation of powers bars the court from telling him how to invest the county’s money. Palm Beach County Clerk and Comptroller Joseph Abruzzo last week asked a Florida court to dismiss a lawsuit by pro-Palestinian county residents contesting his investment of county money in Israel
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“The most oblivious and pressing issue is preserving and protecting all tax-exempt bonds during any attempt at tax reform,” said Toby Rittner, president and CEO, of the Council of Development Finance Agencies. ”We feel the coalition around this is strong and vocal, but we will continue to push this issue should the tax-exemption come under attack
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world European stocks tumbled and currencies slid against the dollar on Tuesday as investors fretted over the impact of a more hawkish approach to China under a second Trump presidency. The benchmark Stoxx Europe
Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Mike Scarchilli (00:05):Hi everyone and welcome to the Bomb Buyer Podcast, your trusted source for insights into the world of municipal finance. I’m Mike Scarchilli, editor-in-Chief of the
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world A frozen trade dispute over steel has become an early test of the EU’s relationship with the incoming Trump administration, with a senior US official saying Brussels should consider postponing plans for March
The Municipal Securities Rulemaking Board is seeking volunteers for a new Technology Advisory Group as well as for its now re-established Compliance Advisory Group for FY 2025. The board is asking those with interest in being part of either group to apply by email with their resume and a statement of interest in serving on
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s “hush money” case has been paused while a Manhattan judge considers the “unprecedented circumstances” of his election as US president while awaiting sentencing that had been set for later this month.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. To think that two and two are four / And neither five nor three / The heart of man has long been sore / And long ‘tis like to be. A.E. Housman. In 1810, 81
New York Gov. Hochul announces the agreement on the fiscal 2024 budget Thursday night during a news conference in the Red Room at the State Capitol in Albany.Office of Gov. Kathy Hochul/Mike Groll “God forbid, if Donald Trump is elected, [congestion pricing] will never happen,” New York City Comptroller Brad Lander told The Bond Buyer
The $120 million borrowing will finance an expansion of Million Air’s facility at the Austin Bergstrom International Airport.Million Air Private jet servicer Million Air is preparing to tap the high-yield municipal market with a structure that will likely feature so-called Cinderella bonds as the borrower works to overcome a snag with securing tax exemption on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Western and Arab diplomats have condemned comments by Israel’s far-right finance minister suggesting that the country will look to annex the occupied West Bank next year in the wake of Donald Trump’s re-election as US
This article is an on-site version of our Chris Giles on Central Banks newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Two days after the US election last week, the Federal Reserve cut interest rates by a