In this photo taken on July 11, 2020, U.S. President Donald Trump wears a mask as he visits Walter Reed National Military Medical Center in Bethesda, Maryland. (Photo: Agence France-Presse/Getty Images.) President Donald Trump was transported on Marine One from the White House to Walter Reed Hospital late Friday, the …
Read More »Market Extra: How the Fed’s latest crisis-era credit facility aims to finally calm rattled markets
Only hours after deploying one crisis-era funding facility, the Federal Reserve on Tuesday unleashed another, potentially more powerful weapon that gives primary dealers on Wall Street cheap loans to snap up a broad array of bonds and stocks. It has an aim of freeing up space on dealer’s balance sheets …
Read More »