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...The comments have fuelled hope that the Fed is considering watering down the capital requirements under Basel III....
...McCarthy stepped down as a member of Congress at the end of the year....
...What the big banks really don’t like about the regulators’ proposal comes down, as ever, to pay. Many of the executives at big banks are rewarded, in part, on their bank’s return-on-equity calculation....
...Basel III: if ever there were three syllables that could bring a grown banker to tears, these are they....
...Under current House rules, the small band of Republican arsonists who brought down McCarthy are poised to do the same with Johnson because of his Ukraine apostasy....
...The likes of Gaetz need to be faced down and marginalised, not compromised with....
...McCarthy and his allies have insisted that he is ready to stare down the challenge. Minutes after Gaetz’s motion, McCarthy responded on X, formerly Twitter: “Bring it on.”...
...We have access to cost-effective opportunities that can help us phase down global dependence on fossil fuels....
...By this he meant not so much the number of royals on the payroll, which is down, as the anachronistic conventions, and overall costs, associated with them....
...The stalemate could push Congress even further into chaos, given that House rules dictate that the chamber cannot deal with any legislative business before a Speaker is elected, even as lawmakers stare down...
...“I think it will go down as the single stupidest decision ever made in politics,” said Mike Lawler, a Republican representative who won a district in New York in 2022 by fewer than 2,000 votes, referring...
...The Nasdaq Composite closed down a little less than 2 per cent. And the yield on 30-year US Treasuries hit a 16-year high. But the sell-off wasn’t just on this side of the Atlantic....
...It took eight Republican rebels plus the Democrats to bring McCarthy down....
...Central banks: Bank of England governor Andrew Bailey presents the UK’s new bank notes featuring King Charles III’s portrait....
...partisan divide between US lawmakers was on display on Wednesday over whether new international rules intended to prevent another global financial crisis would provide a buffer for banks or improperly weigh down...
...US banks pushing back against tougher capital rules have found an ally in the renewable power industry, as project developers warn that a proposal to guard against a financial crisis risks slowing down the...
...This will shrink even more later this month, when Wisconsin Republican Mike Gallagher steps down, leaving Johnson only able to afford a single defection on any vote so long as Democrats stick together....
...McCarthy....
...The reverse of the 10p coin features the capercaillie, a species of grouse that is almost entirely confined to Scotland’s Cairngorms national park, with its population down to roughly 500, according to RSPB...
...That’s another argument that banks use to push against Basel III....
...Like his predecessor Kevin McCarthy, Johnson could now face a backlash from rightwing members of his party....
...Ousting Speaker McCarthy certainly didn’t make it any easier.”...
...Its evocations of the city were lyrical and ominous: “Down pavings rent with ruin, the slow cataclysm of neglect, the wires that belly pole to pole across the constellations hung with kitestring, with bolos...
...Disney cited medical reasons when it announced in June that McCarthy was stepping down, but people familiar with the situation told the Financial Times that she departed after tensions arose between her...
...Unfrosted brings the feature directing debut and rare return to acting of Jerry Seinfeld, who leads an impossibly starry cast that includes Amy Schumer, Melissa McCarthy and Hugh Grant, to name only a few...
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