(L to R) Tobi Parks, CEO of xBk, US President Joe Biden and Lael Brainard, assistant to the President and director of the National Economic Council participate in an event about protecting consumers, in the East Room of the White House in Washington, DC, on June 15, 2023. Andrew Caballero-Reynolds | AFP | Getty Images …
In preparation for its invasion of Ukraine, Russia amassed over 100,000 troops on Ukraine’s border and presented NATO with a treaty demanding the cessation of military activity in Ukraine and the removal of NATO forces from Eastern Europe. This treaty was merely a pretext for war as Russian President Vladimir Putin had already made the …
WASHINGTON — Given the overall environment in the industry, it’s likely for some smaller banks to consolidate, Treasury Secretary Janet Yellen said Wednesday morning. “There is motivation to see some consolidation and it wouldn’t surprise me to see some of that going forward,” Yellen said in an interview on CNBC’s “Squawk Box.” Yellen said she wouldn’t …