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Trump said anyone who opposes repealing the filibuster is "stupid" and "extremely stupid," called Democrats "Dumocrats," and warned they would abolish the rule within minutes and then move quickly to destroy the country.

2026-06-19

Trump said anyone who opposes repealing the filibuster is "stupid" and "extremely stupid," called Democrats "Dumocrats," and warned they would abolish the rule within minutes and then move quickly to destroy the country.

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2026-06-18

The Fed’s June post-meeting statement omitted any forward guidance on next Fed official Wosh said forward guidance is "not well suited to the current policy juncture" and has previously criticized forward guidance and quarterly economic forecasts for

The Fed’s June post-meeting statement omitted any forward guidance on next Fed official Wosh said forward guidance is "not well suited to the current policy juncture" and has previously criticized forward guidance and quarterly economic forecasts for risking a locked-in rate path. He has launched five task forces to review Fed communications, the data inputs used for policy decisions and the inflation assessment framework, aiming to keep the Fed "clear-headed and forward-looking." KPMG chief economist Diane Swonk said the task forces signal Wosh is seeking consensus rather than imposing change by decree.
2026-06-18

June 17 — Industrial and Commercial Bank of China (ICBC) president Liu Jun met Hong Kong Exchanges and Clearing Group CEO Chen Yiting to discuss support for Hong Kong as an international financial centre, RMB internationalization and Greater Bay Area

June 17 — Industrial and Commercial Bank of China (ICBC) president Liu Jun met Hong Kong Exchanges and Clearing Group CEO Chen Yiting to discuss support for Hong Kong as an international financial centre, RMB internationalization and Greater Bay Area development. ICBC highlighted an expanded Hong Kong platform — including ICBC Asia, ICBC International and a Hong Kong foreign‑exchange funds trading center — and said it will continue to provide cross‑border financing and trading, bond issuance and underwriting, wealth management, brokerage and asset‑allocation services, and to facilitate high‑quality mainland issuers listing in Hong Kong to support opening-up and bolster the city’s IFC status.
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