Washington

The minutes reveal a number of pros and cons with the approach. It would be wise to have banks only post T-Bills for excess reserves above $20B.

Mickey Levy, Berenberg Capital Markets Chief Economist U.S., Americas and Asia, discusses why the Fed rate cut will not stimulate the economy, and its unhealthy relationship with the financial markets. Gary Siegel hosts.

The new letter increases the pressure for federal oversight as the island goes through the long process of rebuilding from the damage caused by Hurricane Maria and reorganizing its debt.

Former Federal Reserve Chairman Alan Greenspan endorsed the idea that the U.S. central bank should be open to an insurance interest-rate cut.

Republican Rep. Tim Burchett of Tennessee touts his bill as “a good example of giving businesses an incentive to lower carbon emissions without forcing it upon them with regulations.”

The budget deal also provides state and local governments with federal funding certainty for the 2020 and 2021 fiscal years.

The MSRB filed proposed Rule G-17 interpretive guidance to the SEC on Tuesday, aiming to streamline underwriters' disclosures to issuers.

Two reports from House staff and the Government Accountability Office paint an unflattering portrait of the executive branch's administration of grant programs that benefit bond issuers.

Judy Shelton backs a half percentage-point rate cut and would have pushed the Fed to move sooner.

While Federal Reserve officials made it clear they intend to cut interest rates at their July 30-31 meeting, not all of the regional presidents are on board with this move.