Wells Fargo CEO Timothy Sloan is questioned by the House Financial Services Committee earlier this month. He will step down immediately, the company announced Thursday.
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President Trump said on Friday that he will nominate conservative TV commentator and former Trump campaign adviser Stephen Moore to the Federal Reserve Board.
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Major U.S. stock indexes fell Friday as short-term Treasury yields exceeded those on long-term bonds, in what some analysts consider a sign that a recession may be coming.
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Donald Tusk, president of the European Council, speaks to reporters on Wednesday in Brussels. He told British Prime Minister Theresa May that an extension for withdrawal from the EU is possible, but with a caveat.
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Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee on Feb. 26. "It may be some time before the outlook for jobs and inflation calls clearly for a change in policy," he said Wednesday.