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25.04.26 - 14:36
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DOJ Drops Powell Probe, Smoothing Path for Kevin Warsh (Bloomberg)
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The Justice Department said it would end its criminal investigation of Federal Reserve Chair Jerome Powell, an attempt to clear the obstacle that has stalled Kevin Warsh's confirmation as his possible successor. Bloomberg News Justice Department Reporter Chris Strohm and Reporter Enda Curran join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)...
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25.04.26 - 14:12
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What the Fed Can Do About Anthropic′s Latest System (Bloomberg)
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Anthropic says its newest AI system can detect serious cybersecurity risks, but the new technology is so powerful that the company is holding back public release. The nearly autonomous system can detect banking software vulnerabilities and spawn sub-agents that operate without human oversight at unprecedented speed. Treasury Secretary Scott Bessent and Fed Chair Jay Powell took the unusual step of calling in major bank leaders to discuss the risks raised by the new model. Experts weigh in on whether regulation and open-source tools can keep the financial system safe. (Source: Bloomberg)...
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24.04.26 - 23:01
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Fmr. Fed Governor Betsy Duke on Warsh′s Future, Rates (Bloomberg)
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Former Federal Reserve Governor Betsy Duke discusses the Department of Justice dropping its investigation into Jerome Powell, what a possible Kevin Warsh led Fed could look like, and previews Wednesday's rate decision. She talks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)...
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