Yellen Sees Key Role For Treasury's Racial Equity Council Despite Republican Criticism

Yellen Sees Key Role For Treasury’s Racial Equity Council Despite Republican Criticism

By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Monday said a new racial equity advisory committee, which has drawn the ire of Republican lawmakers, would play a big role in helping the department address acute economic disparities faced by communities of color. Yellen told the inaugural meeting of the 25 members…

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U.S. Agency Investigating Crypto Firms For Misconduct

U.S. Agency Investigating Crypto Firms For Misconduct

WASHINGTON (Reuters) – A U.S. agency that probes allegations of deceptive conduct confirmed on Monday that it had investigations open into several cryptocurrency firms for “possible misconduct.” The Federal Trade Commission spokesperson declined to name the firms or say precisely what actions prompted the investigations. “While we can’t comment on current events in the crypto…

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Marketmind: Reopen Sesame

Marketmind: Reopen Sesame

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Wall Street slumped on Monday, battered by the old ‘good news is bad news’ adage following unexpectedly strong U.S. service sector activity figures, which should set a negative tone for Asian markets on Tuesday. But could Asia be…

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