Republican Senator Joni Ernst joins Joe Mathieu and Kailey Leinz to discuss the controversy surrounding the head of the FDIC and calls for him to resign, and her bill cutting off pensions of federal employees convicted of sex crimes.
Carlyle Group has built its asset-backed financing business to about $7 billion, taking advantage of banks' eagerness to offload some loans and investor demand for new private-credit products, according to Akhil Bansal, who leads ABF strategy at the firm. "This is the new wave of private credit," he tells Sonali Basak on "Bloomberg Markets."
Bank CEOs Jamie Dimon, David Solomon and Brian Moynihan weigh in on the US economy and Fed policy. They spoke to Bloomberg Television this week from investment conferences in France.
The world’s largest stock market hovered near its all-time highs, with the Dow Jones Industrial Average touching the historic 40,000 mark on bets that rate cuts will keep powering Corporate America. The oldest of Wall Street’s three main stock indexes has been boosted by prospects of a resilient economy, ebbing inflation and robust corporate earnings.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec.
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