Drug Pricing Debate in Washington Is a Headache for Pharma
Big Pharma loves political gridlock. In fact, shares of pharmaceutical and biotechnology companies tend to outperform the broader market when Congress is divided.…
Browsing Tag
Upper House
Fed Nominee Barr Faces Senators in Crucial Hearing
WASHINGTON—President Biden’s pick to become the government’s most influential bank regulator is testifying Thursday before Senators in a key confirmation hurdle.…
Fed Nominee Michael Barr Has Pressed to Reverse Trump-Era Banking Policies
WASHINGTON—Former Treasury Department official
Michael Barr
is expected to pursue tougher oversight of the financial system and reverse some Trump-era policies…
Political Hopefuls Turn to NFTs to Raise Funds for Midterm Elections
Some candidates in the midterm elections are experimenting with NFTs to help raise money and spark interest in their campaigns, following the lead of artists as well as big consumer brands,…
Senate Confirms Jerome Powell to Second Term Leading Federal Reserve
Mr. Powell’s nomination, approved Thursday on an 80-19 bipartisan vote, has been on track for months to win bipartisan approval despite unease over inflation and aggressive interest-rate…
Lisa Cook Wins Senate Confirmation to Federal Reserve
The Senate voted to confirm
Lisa Cook
to the Federal Reserve, making her the first Black woman to sit on the central bank’s board.…
Democrats Launch Attempt to Rescue Biden’s Economic Agenda
WASHINGTON—Democrats began a last-ditch effort to cobble together a narrower version of President
Biden's
once-sweeping economic agenda that could win the…
Senate Tees Up Votes on Biden’s Fed Nominees
The Senate moved ahead Monday evening with consideration of President Biden’s nominees to the Federal Reserve, beginning with a procedural vote clearing the path to confirm governor…
Parliament passes Budget: FM Nirmala Sitharaman says will ensure predictable recovery
Finance Minister Nirmala Sitharaman on Tuesday said the Budget for the next fiscal will attract private investment, and ensure a predictable economic recovery in the years to come.
Replying…
Senate Prepares Confirmation Vote for Lisa Cook as Fed Governor
The Senate voted Tuesday to advance the nomination of economist
Lisa Cook
for a seat on the Federal Reserve’s board, a procedural step…