San Francisco Fed President feels 'zero' political pressure from Trump

San Francisco Fed President feels 'zero' political pressure from Trump
Rebecca Howard
By Rebecca Howard Aug. 29 (BusinessDesk) - The US Federal Reserve has come under heavy fire from President Donald Trump but Mary Daly, president and chief executive officer of the Federal Reserve Bank of San Francisco, said politics are never on its agenda. “You literally walk across the threshold of the FOMC meeting room and when we walk in and we start our deliberations, politics never comes up. They never come up. We never discuss them,” she told journalists in Wellington. “I don’t feel under any political pressure. Zero,” she added...

More Finance

Todd Corporation: the reset
Finance

Todd Corporation: the reset

Legacy gas assets will give way to a focus on solar electricity generation.

Pattrick Smellie 13 Dec 2024
Kiwibank won't bring banking Revolut-ion
Finance

Kiwibank won't bring banking Revolut-ion

Forget Kiwibank. Revolut is the force big banks will have to reckon with, expert says.

FMA to oversee ‘regulatory sandbox’ for fintechs
Finance

FMA to oversee ‘regulatory sandbox’ for fintechs

The initiative aims to speed up financial services innovation and regulation in NZ.

Ben Moore 12 Dec 2024
Todd Corp: what went wrong?
Finance

Todd Corp: what went wrong?

A dividend freeze as the family empire rebuilds for the future.

Pattrick Smellie 12 Dec 2024