Silicon Valley Bank’s downfall sent waves of panic through the financial system in early March, setting off a chain reaction of chaos with which regional banks are still grappling.
The redesign of the $20 bill featuring Harriet Tubman will no longer be unveiled in 2020, Treasury Secretary Steven Mnuchin said on Wednesday. The unveiling had been timed to coincide with the 100th anniversary of the 19th amendment, which granted women the right to vote. Mnuchin said that the design process has been delayed, and […]
An REO is not “milk’s favorite cookie.” But Housing and Urban Development Secretary Ben Carson thought the foreclosure-related real estate acronym, which means “real estate owned,” was the cream-filled chocolate cookie when grilled by Rep. Katie Porter, D-Calif., on Tuesday during a House Financial Services Committee hearing. An REO property is one that has been […]
