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Craig Shapiro Slams Jerome Powell's Legacy Of 'Quiet Surrender' To Wall Street And The US Treasury: 'No Longer Serves The Public'
Monday, July 7, 2025 - 2:16am | 839Macro strategist Craig Shapiro delivered a scathing critique of Fed Chair Jerome Powell’s performance over the years, pushing back against the growing narrative that casts his tenure in a positive light. What Happened: On Sunday, in a post on X, Shapiro argued that the Federal Reserve under...
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Trump's 'Bills Over Bonds' Strategy Can Spell Doom For The Dollar, Warns Craig Shapiro: 'Got Gold, Bitcoin?'
Monday, June 30, 2025 - 5:17am | 668Leading macro strategist, Craig Shapiro, is warning that President Donald Trump’s proposal to lean more in favor of short-term Treasury bills could have major ramifications for the U.S. Dollar. What Happened: On Sunday, in a post on X, Shapiro warned against Trump’s intention to avoid...
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Rate Cut Odds '50/50' Amid Israel-Iran Conflict, Says Jerome Powell's Ex-Advisor Jon Faust
Monday, June 16, 2025 - 6:22am | 446Economist Jon Faust, a former senior advisor to Fed Chair Jerome Powell, believes that the equations surrounding a rate cut are now fundamentally altered as tensions flare in the Middle East. What Happened: Faust, an economist who has advised former chairs Ben Bernanke and Janet Yellen before...
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'Bitcoin Sign Guy' Once Became A Symbol Of Early BTC Enthusiasm— But Is The 'Buy' Message Relevant In The Current Market?
Tuesday, April 22, 2025 - 5:09am | 742The “Buy Bitcoin” sign, immortalized by Christian Langalis during a live Congressional hearing nearly eight years ago, is back in the spotlight as the top cryptocurrency confronts bearish pressures due to macroeconomic uncertainties. What happened: Langalis, a then 22-year-old Cato...
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Trump Tariffs Are A 'Pipe Dream,' Former Treasury Secretary Yellen Says: Americans Feel 'Paralyzed' By Uncertainty
Monday, April 14, 2025 - 1:52pm | 540Tariff uncertainty has “paralyzed” households and businesses across America, according to Former Treasury Secretary Janet Yellen. What To Know: The SPDR S&P 500 (NYSE:SPY) has recently seen increased volatility due to continued tariff uncertainty. The Trump administration’s...
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Former Treasury Secretary Janet Yellen Says Trump 'Has Taken A Wrecking Ball' To The Economy: Couldn't Think Of A 'More Devastating Economic Agenda'
Friday, April 11, 2025 - 8:58am | 701Janet Yellen, Former Treasury Secretary and Fed Chair between 2014-2018, has expressed her disapproval of President Donald Trump‘s economic policies, attributing them to significant economic damage. What Happened: Yellen, who served under former President Joe Biden, stated that...
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Musk's DOGE Is Attack On Democracy: Yellen, Rubin, 3 More Ex-Treasury Chiefs
Tuesday, February 11, 2025 - 3:01pm | 1044Five former treasury secretaries are taking aim at the Department of Government Efficiency and Elon Musk for alleged overreach and abuse of powers by the new White House administration. What Happened: Musk has been put in charge of leading the Department of Government Efficiency by President Donald...
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Janet Yellen Warns US Could Hit Debt Ceiling On Tuesday, Suspends Investments In 2 Government Employee Benefit Funds
Saturday, January 18, 2025 - 2:28am | 623Janet Yellen, the U.S. Treasury Secretary, on Friday cautioned that the government will reach its borrowing limit on Tuesday, necessitating the use of “extraordinary measures” to prevent a potential default. What Happened: Yellen revealed that the Treasury will commence the...
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Janet Yellen Inhaled But 'It's Been A Long Time,' She Tells Stephen Colbert About Weed Consumption, Psychedelics In China: Video
Friday, January 17, 2025 - 2:37pm | 615Stephen Colbert, host of CBS’ “The Late Show,” asked outgoing U.S. Treasury Secretary Janet Yellen on Wednesday whether she had ever inhaled when she smoked marijuana just after graduating college. "Well, I think the answer is yes. I mean it's been a long time," Yellen said. She...
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Janet Yellen's Computer Hacked By Chinese Hackers, Attackers Obtain 'Law Enforcement Sensitive' Data By Targeting US Treasury Department
Friday, January 17, 2025 - 2:12am | 487Chinese state-sponsored hackers have reportedly breached U.S. Treasury Secretary Janet Yellen's computer. What Happened: The hackers also accessed the computers of deputy secretary Wally Adeyemo and acting under secretary Brad Smith, reported Bloomberg, citing two people familiar with the matter....
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US Steel, Nippon Steel Sue Biden Administration, Cleveland-Cliffs, Union In Response To Blocked Merger
Monday, January 6, 2025 - 2:08pm | 744United States Steel Corp (NYSE:X) and Nippon Steel Corp. have filed lawsuits against the Biden administration in response to President Joe Biden’s blocking of the steelmakers’ $14.9 billion deal. What Happened: U.S. Steel and Nippon Steel filed multiple lawsuits on Monday in response to...
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Janet Yellen's Short-Term Debt Strategy Sparks Warnings For Trump Administration: 'Your Costs Explode And Buyers Could Balk,' Says Expert
Monday, January 6, 2025 - 5:08am | 633U.S. Treasury Secretary Janet Yellen‘s strategy of relying heavily on short-term debt financing could create significant market turbulence as President-elect Donald Trump prepares to take office, according to financial experts and market data. What Happened: Charles Gasparino, New York Post...
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Bond Vigilantes Send 'Loud Warning Message' As Treasuries Climb To May Highs: Is The Santa Rally In 'Serious Doubt'? Here's What Analysts Say
Monday, December 30, 2024 - 9:13am | 994The yield on the 10-year Treasury bonds hit a seven-month high in Friday's session as the stock market fell, led by the ‘magnificent seven' stocks. Is this a warning from the bond vigilantes and will the “Santa Rally” take a pause? Here's what analysts are saying. What Happened: The 10-...
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Trump's Moves Stir Markets: Dollar Tree, Larry Summers, And More: This Week In Economics
Sunday, December 15, 2024 - 7:00am | 584The past week has been a whirlwind of economic news, with President-elect Donald Trump at the center of several major stories. The financial landscape is buzzing with anticipation and concern, from proposed tariffs affecting dollar stores to potential inflationary risks. Let’s dive...
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Janet Yellen Warns Trump Tariffs Could 'Undermine Confidence In Financial Markets' And Raise American Household Costs
Wednesday, December 11, 2024 - 5:10am | 453U.S. Treasury Secretary Janet Yellen cautioned on Tuesday that President-elect Donald Trump‘s proposed sweeping tariffs could undermine recent progress in controlling inflation and destabilize financial markets. What Happened: Speaking at a Wall Street Journal event, Yellen acknowledged that...