According to TASS news agency, the Argentine Senate passed a motion with 46 votes in favor and 15 votes against, asking the government to provide reports on the LIBRA scandal. At the same time, the Senate rejected the proposal to establish an investigative committee. Although 47 senators supported it, it did not meet the 48-vote threshold for initiation and ultimately failed to pass. Meanwhile, a proposal to set up a parliamentary committee to investigate the scandal was rejected. The proposal w...
European Central Bank Governing Council member Simkus expressed his support for the expectation of three more interest rate cuts in 2025. The direction of interest rates is clear, and the next move is also clear. There is no good reason for not cutting interest rates in March.
On January 28, the market news: The US Senate confirmed Scott Bessant as Treasury Secretary by a vote of 68 to 29.
Market news: The U.S. Senate confirmed Scott Bessant as Treasury Secretary by a vote of 68 to 29.
On January 21 local time, the US Senate Finance Committee voted 16 to 11 to approve the nomination of Scott Bessent to serve as Secretary of the Treasury in the Trump administration, and submitted the nomination to the Senate for a final confirmation vote. If approved, Bessent will become one of the important spokespeople of the new US administration on economic policy, with huge influence on fiscal policy, financial regulation, international sanctions and overseas investment.
The U.S. House of Representatives passed a bill with 236 votes in favor and 173 against, which plans to add 66 federal judges nationwide to ease the shortage of federal court staff.
European Central Bank Governing Council Nagel: In favor of a gradual and cautious approach to interest rate cuts.
The US House of Representatives voted unanimously on September 20 local time with 405 votes in favor and 0 votes against a bill aimed at strengthening the protection of the US Secret Service for major US presidential and vice presidential candidates. The bill is called the Enhanced Presidential Security Act. The bill directs the director of the US Secret Service to adopt uniform standards to protect the president, vice president, and major presidential and vice presidential candidates of the Uni...
On August 28th, the Federal Reserve's discount rate meeting notes released on Tuesday showed that the board members responsible for overseeing the Chicago and New York Fed voted in favor of cutting the discount rate by 25 basis points in July. In last month's vote, 10 of the 12 regional Federal Reserve banks wanted to keep the discount rate at 5.5%, while the Chicago and New York Fed wanted to cut it to 5.25%. The Federal Reserve maintained its target range for interest rates at 5.25% -5.5% at i...