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The lawmakers argued in a letter to the Federal Reserve that suspending dividend payouts would be the "prudent course of action," allowing banks to build their capital cushions and continue lending during the coronavirus pandemic.
June 24
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Federal Reserve Bank of St. Louis President James Bullard said a strategy of capping Treasury yields out to a certain maturity may not work and such yield curve control seems unnecessary with the market pricing in rates near zero out into the future.
June 23
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The Senate minority leader told advocates to lean on 21 key Republicans. "Everyone has friends and family in other states," he said.
June 19
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Federal Reserve Chair Jerome Powell told Congress the Fed will "keep its foot" on the gas pedal until the pandemic ends.
June 17
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The Sunshine State plans to build a statewide network of electric vehicle charging stations to cut down on carbon dioxide emissions from gas-fueled cars.
June 17
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Fed chair says recovery has started but will take time and follow "uncertain" path.
June 16
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The deadline to pass the city's fiscal 2021 spending plan is two weeks away and it faces a $9 billion gap.
June 16
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With about two weeks before the fiscal 2021 starts, the Florida Legislature still hasn't submitted a budget to Gov. Ron DeSantis.
June 15 -
The Federal Reserve put a spotlight on job losses and risks to the financial sector in its semi-annual report to Congress released Friday.
June 12
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Recovery seen next year, but rates stay low.
June 10
