It was a clearing event after all. It’s been just over a week since the forced unwind of the high-flying Situational Awareness hedge fund, and the artificial intelligence trade is now standing on solid ground after a turbulent July battered the market’s old leaders. The best part is that the hedge fund’s reckoning last Thursday…
Minutes Item 1 – Introduction The Chair opened the meeting, thanking members for sending across their wildlife nominations. The Chair provided an overview of the previous meeting including reiterating the Bank’s objectives for secure banknote design and reminding members about the suggested guidance discussed at the previous meeting. The Panel discussed the response to the…
Federal Reserve Chairman Kevin Warsh testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Semiannual Monetary Policy Report to the Congress,” in Dirksen building on Wednesday, July 15, 2026. Tom Williams | Cq-roll Call, Inc. | Getty Images June’s Federal Open Market Committee meeting ended with a much shorter statement from…