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Randal Quarles and Donald Trump
News

Fed vice chair says Trump has not undermined central bank’s independence

Colin Wilhelm -
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Tim Sloan, chief executive officer and president of Wells Fargo & Co., shakes hands with Senator Elizabeth Warren, a Democrat from Massachusetts, right, before testifying at a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Oct. 3, 2017. After a "humbling and challenging" year, Sloan is set to outline the steps the bank has taken in response to its bogus-accounts scandal that brought down his predecessor, John Stumpf.
News

Elizabeth Warren pressures Fed to force out Wells Fargo CEO

Colin Wilhelm -
0
Federal Reserve Board Chairman Jerome Powell chairs an open meeting in Washington.
Economy

Fed officials plan more rate hikes, despite Trump’s criticisms

Colin Wilhelm -
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President Trump speaks during a briefing with state and local officials.
Economy

Trump calls Fed his ‘biggest threat’

Joseph Lawler -
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FILE- In this July 17, 2018, file photo, a sign outside a business in Salem, N.H. says "Now Hiring." On Tuesday, Oct. 16, the Labor Department reports on job openings and labor turnover for August.
Business

Trump takes credit as job openings rise to highest level on record

Colin Wilhelm -
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Bank of America is the fourth of the largest U.S. lenders to report earnings for a quarter marked by gyrating financial markets and the sixth interest-rate hike since 2015.
Business

Bank of America profit climbs 32 percent on tax cuts, higher interest rates

James Langford -
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JPMorgan Chase Chairman and CEO Jamie Dimon attends a meeting at the Business Roundtable Headquarters in Washington.
Business

Jamie Dimon on the Fed: ‘No president wants higher interest rates’

James Langford -
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FILE - In this Tuesday, Jan. 17, 2012, file photo, a customer uses an ATM outside a Wells Fargo branch in Charlotte, N.C. Newly appointed Wells Fargo CEO Tim Sloan told employees Tuesday, Oct. 25, 2016, that he is "sorry for the pain" that the bank's employees have suffered as a result of the company's sales practices scandal.
Business

Wells Fargo replaces more branches with digital as CEO Sloan rebrands

Joe Williams -
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Most subsidiary companies within megabanks are four to six corporate layers below the parent company, and some are as many as 20 below. JPMorgan Chase, the largest U.S. bank, has more than 2,500 legal entities. (AP Photo)
Business

JPMorgan beats Wall Street profit estimates as interest rates surge

James Langford -
0
President Trump speaks at a rally endorsing the Republican ticket in Pennsylvania.
Economy

EXCLUSIVE: Trump takes credit for economy, blames ‘overly aggressive’ Fed for stock market

Colin Wilhelm, Salena Zito -
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