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New York Fed System Open Market Account (SOMA) manager Perli said central clearing of Fed repo operations would be beneficial.

2026-09-23

New York Fed System Open Market Account (SOMA) manager Perli said central clearing of Fed repo operations would be beneficial.

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2026-09-23

U.S. Treasury Secretary Scott Bessent disclosed assets of at least $228.0 mln and reported at least $5.1 mln in income in 2025, his first year in office, in a financial disclosure filed Tuesday. The filing lists nine bank accounts each holding at lea

U.S. Treasury Secretary Scott Bessent disclosed assets of at least $228.0 mln and reported at least $5.1 mln in income in 2025, his first year in office, in a financial disclosure filed Tuesday. The filing lists nine bank accounts each holding at least six-figure balances, three accounts with more than $50.0 mln each; a small stake in drug developer Cambrian Biopharma Inc.; sales of ETFs focused on Germany and Thailand; a Bahamas residential property valued at at art and antiques valued at least $5.0 mln; and an undeveloped parcel in North Carolina valued between $250,001 and $500,000.
2026-09-23

Fed's Barkin said the central bank is closely watching financial conditions but cannot assume markets will keep interest rates at the level needed to curb inflation.

Fed's Barkin said the central bank is closely watching financial conditions but cannot assume markets will keep interest rates at the level needed to curb inflation.
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