Business sentiment, manufacturing and to a lesser extent non-manufacturing all depend on Trump pulling off a China deal and doing it in the next ten days. Catch up with our Morning Money newsletter:
Senate Banking has its prudential regulators hearing at 10:00 a.m. featuring same cast from the House hearing: Fed’s Randy Quarles, FDIC’s Jelena McWilliams and NCUA’s Rodney E. Hood … House Financial Services has a hearing at 10:00 a.m. on financial stability featuring Treasury Secretary Steven Mnuchin, chair of FSOC …— Our Katy O'Donnell: “The bill would require the Consumer Financial Protection Bureau to sign off on any merger involving a bank that offers consumer financial products.
“'I don’t believe that elections ought to be for sale,' Warren said. 'And I don’t think as a Democratic Party that we should say that the only way you’re going to get elected, the only way you’re going to be our nominee, is either if you are a billionaire or if you’re sucking up to billionaires.'"— Via George Mason law school’s J.W. Verret: “[B]ased on what we know thus far publicly about Trump’s tax based estimates of real estate values, versus his loan based estimates ...
“The administration last month pushed out Matthew Doherty, an Obama appointee, as executive director of the U.S. Interagency Council on Homelessness. Marbut will take the helm pending confirmation by the council at its Dec. 10 meeting, Jennifer Rich, a spokesperson for the group, confirmed on Wednesday.”— Our Kellie Mejdrich: “Gary Cohn … Trump's former top economic adviser, blamed Trump's tariffs on steel and aluminum for depressing capital investment by U.S.
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Trump loses appeal to block Deutsche Bank, Capital One from handing his financial records to CongressThe case is likely destined for the Supreme Court, where the president has already appealed two other lower court decisions requiring the disclosure of his financial records.
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Federal appeals court sides with Congress in battle for Trump's bank recordsA federal appeals court in New York ruled Tuesday morning that Deutsche Bank must turn over copies of Trump financial records subpoenaed by House committees.
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Court sides with Congress in battle for Trump’s bank recordsA federal appeals court in New York on Tuesday upheld the legality of congressional subpoenas seeking President Donald Trump’s banking records but said sensitive personal information should be protected. A three-judge panel of the 2nd U.S. Circuit Court of Appeals in Manhattan issued the ruling, with
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Appeals court says House may subpoena Trump's financial records from Deutsche BankA federal appeals court in New York says the Democrat-controlled US House may subpoena President Trump's bank records from Deutsche Bank and Capital One, dealing a blow to the President's efforts to block Congress' effort to obtain his financial records.
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Court sides with Congress in battle for Trump’s bank recordsA federal appeals court in New York has upheld the legality of congressional subpoenas seeking President Donald Trump’s banking records but said sensitive personal information should be protected
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