Bloomberg
Tarullo: We May See Some Regional Banks Atrophy
Daniel Tarullo, Former Federal Reserve Board Governor tells us what might happen if some regional banks start to atrophy. He also says that current risk analysis of G-SIBS no longer serve the purpose of gauging financial stability.
Bloomberg
Summers Says Fed May Need to Raise Rates 'Once or More'
"My guess is that you may see the Fed funds rate have to go up once, or even more than that, over the next few months," former US Treasury Secretary Lawrence Summers says on Bloomberg Television's Wall Street Week with David Westin.
Bloomberg
10-year Yield Breaches 4%
Steve Rattner, Willett Advisors CEO and Lawrence H. Summers, Former Treasury Secretary discuss the yield on the US 10-year government bond breaching 4% and dive into the factors affecting the 10-year yield.
Bloomberg
China's Rough Week
Steve Rattner, Willett Advisors CEO and Lawrence H. Summers, Former Treasury Secretary discuss the current strain on China's economy and whether sanctions and de-globalization have taken a toll on the country's growth.
Bloomberg
Summers Says Longer-Term Rates Not at 'Any Kind of Peak'
Former US Treasury Secretary Lawrence Summers says he doesn't see the "current level of longer-term rates as any kind of peak," warning that the recent rise in yields on 10-year Treasuries is likely to continue. He speaks on Bloomberg...
Bloomberg
Wage Inflation Concern
Lawrence H. Summers, Former Treasury Secretary tells us why he's concerned about wage inflation potentially sparking a reacceleration in inflation. He also explains why he doesn't yet see a soft landing for the US economy.
Bloomberg
Summers: Wage Growth Not Consistent With Fed's Inflation Target
Former US Treasury Secretary Lawrence Summers says the acceleration in wage growth seen in the July jobs report is "not consistent with 2% underlying inflation, or close" on Bloomberg Television's Wall Street Week with David Westin.
Bloomberg
Potential Disruption from AI
Lawrence H. Summers, Former US Treasury Secretary and Steve Rattner, Willett Advisors CEO debate the consequences of AI adoption on highly qualified workers.
Bloomberg
Summers Says US M&A Crackdown Seems Like 'War on Business'
Former Treasury Secretary Lawrence Summers says the Biden administration's crackdown on mergers and acquisitions "seems almost like a war on business." Summers speaks on Bloomberg Television's "Wall Street Week" with David Westin.
Bloomberg
Inclusive Opportunity for Every American is Most Important: Summers
Lawrence H. Summers, Former US Treasury Secretary shares his thoughts on the ending of affirmative action by the Supreme Court . He speaks with David Westin on "Wall Street Week Daily."
Bloomberg
Summers's Takeaways on US Jobs Growth
Lawrence H. Summers, Former US Treasury Secretary discusses the cooling off of US jobs growth and explains that wage data points to inflation. He also expresses his thoughts on the Supreme Court's decision on affirmative action.
Bloomberg
Biden: Supreme Court's College Ruling Can't Be Last Word
President Joe Biden says he "strongly, strongly disagrees" with the Supreme Court's ruling that sharply curbs the use of race in college admissions. Voting 6-3 along ideological lines, the justices said that programs at Harvard College...
Bloomberg
Summers: 'Disturbing' Signs Fed Led by Internal Politics
Former Treasury Secretary Lawrence H. Summers says he is confused by the Fed's action at its June meeting. He speaks with Romaine Bostick on "Wall Street Week."
Bloomberg
SEC Needs To Prove At Least One Token Is A Securty: Massad
Tim Massad, Harvard University Kennedy School Research Fellow discusses the regulation of cryptocurrencies. He speaks with David Westin on "Wall Street Week Daily."
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Summers: May Need 50Bps Hike in July If Fed Pauses
Former US Treasury Secretary Lawrence Summers says the Federal Reserve should be open to raising its benchmark interest rate by 50 basis points in July if the central bank pauses its round of policy tightening this month. "If they don't...
Bloomberg
Summers Sees 'Troubling' Signs of Fading US Influence
Former Treasury Secretary Lawrence Summers says he sees "troubling" signs that the US is losing influence as the pace of globalization fades. "I think there's a growing acceptance of fragmentation, and maybe even more troubling, I think...
Bloomberg
Summers Urges Fed to Hike By 25 Basis Points Next Week
Former US Treasury Secretary Lawrence Summers says the Federal Reserve should raise its benchmark interest rate by 0.25% at it's next meeting. "It's appropriate -- on current facts, to raise rates by 25 basis points" next week, Summers...
Bloomberg
Summers Favors a 25 BPS Hike
Former US Treasury Secretary Lawrence H. Summers tells us why he believes a 25 basis-point move would be favorable and cautions US regulators from moving too strongly against regional banks.
Bloomberg
Summers' Take on Policy Leaders
Former US Treasury Secretary Lawrence H. Summers tells us why he believes policy leaders need to increase confidence in the banking sector and breaks down the issues that stem from management and stress test failures.
Bloomberg
Larry Summers Calls for Clarity from FSOC on Backing Deposits
Former Treasury Secretary Lawrence Summers says US financial regulators should pledge to implement the FDIC's Systemic Risk Exception mechanism for any US banks that fail within a year. "They need to be clearer that that is their policy....
Bloomberg
Summers on the Inflation Fight
Former US Treasury Secretary Lawrence H. Summers breaks down the latest reading on US PCE and shares that it's "plausible" the recent banking woes may subside without a big impact on credit, leaving in place "serious inflation issues."
Bloomberg
Post Mortem on the Banking Crisis
Tim Massad, Former CFTC Chairman breaks down whether we saw the banking crisis coming and if we received proper warnings. He also discusses why this was about bad bank management.
Bloomberg
Larry Summers Says Too Early' for All-Clear on US Financial Turmoil
ormer Treasury Secretary Lawrence Summers said it's too soon to be confident that the US has turned a corner on financial troubles that were sparked by the Federal Reserve's rapid interest-rate hikes.
"When you have a series of...
Bloomberg
Summers on the Current State of the Economy
Former US Treasury Secretary Lawrence H. Summers explains why the US economy is still hard to read and why the Fed has difficult choices ahead.