Category Archives: Financial

Fed Ending ‘Reputational Risk’ Policies ‘Weaponized’ By Left To Debank

Federal Reserve Chairman Jerome Powell on Tuesday during a congressional hearing said the nation’s central bank felt compelled to address policies around “reputational risk,” noting that “debanking” is a “serious problem,” and would no longer be a part of its examination program while it supervises banks.

Read More:  Breitbart

OPEC+ Agrees to Boost Oil Output, Threatening Russia’s Income

OPEC+ has reportedly begun to “unwind” voluntary production cuts, reducing oil prices to punish recalcitrant members, and perhaps to please President Donald Trump. “Russia’s economy is dependent on oil revenues, which make up around 30% of its total state budget. Lower oil prices have repeatedly concerned Russian authorities,” the Kyiv Independent noted on Monday.

Read More:  Breitbart