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Goldman Sachs shares rose 2% in pre-market trading, Citigroup rose 1.7%, and Bank of America rose 1.1%.

2026-11-04

Goldman Sachs shares rose 2% in pre-market trading, Citigroup rose 1.7%, and Bank of America rose 1.1%.

Other News
2026-11-04

Freddie Mac shares fell 24%; Fannie Mae shares fell 25%.

Freddie Mac shares fell 24%; Fannie Mae shares fell 25%.
2026-11-04

President Trump’s effort to reshape the Federal Reserve and align rate policy with his preferences faces major resistance after Democrats won Senate control. The shift makes it harder for the White House to install loyalists on the Fed’s seven-member

President Trump’s effort to reshape the Federal Reserve and align rate policy with his preferences faces major resistance after Democrats won Senate control. The shift makes it harder for the White House to install loyalists on the Fed’s seven-member Board, removing the administration’s most direct lever over the central bank. With Democrats in the majority, Massachusetts Senator Elizabeth Warren is expected to chair the Senate Banking Committee, which oversees the Fed and is likely to block nominees viewed as excessively compliant with the administration. Mark Spindel, manager at Potomac River Capital and co-author of a history of Fed independence, said Democratic control of the Senate “will provide a stronger protective shield, enabling the Fed to better resist presidential pressure.”
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