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

JPMorgan is revamping Its bank for the superrich
Finance

JPMorgan is revamping Its bank for the superrich

There is a minimum required balance of US$10 million. 

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025