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Steven Mnuchin

Jim Cramer examines Wall Street’s reaction to Trump Treasury secretary

by Merchant Moller
Jim Cramer examines Wall Street’s reaction to Trump Treasury secretary

CNBC’s Jim Cramer on Monday reviewed investors’ reaction to President-elect Donald Trump’s latest cabinet pick, hedge fund manager Scott Bessent. His takeaway is that Wall Street believes the potential Treasury …

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NYCB shares jump 30% after CEO gives two-year plan for ‘clear path to profitability’

by Merchant Moller
NYCB shares jump 30% after CEO gives two-year plan for ‘clear path to profitability’

A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024. Spencer Platt | Getty Images New York Community Bank on Wednesday posted a quarterly loss …

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Former Treasury Secretary Mnuchin is putting together an investor group to buy TikTok

by Merchant Moller
Former Treasury Secretary Mnuchin is putting together an investor group to buy TikTok

Steven T. Mnuchin, 77th U.S. Secretary of Treasury; Founder and Managing Partner, Liberty Strategic Capital, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, …

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It’s been a year since SVB’s failure. Where our bank stocks stands now

by Merchant Moller
It’s been a year since SVB’s failure. Where our bank stocks stands now

It’s been a year this week since the collapse of Silicon Valley Bank sent shockwaves through the banking sector. While the crisis most directly affected the regionals, major U.S. financial …

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NYCB lost 7% of deposits in past month, slashes dividend to 1 cent

by Mark McDuffie
NYCB lost 7% of deposits in past month, slashes dividend to 1 cent

The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Bing Guan | Bloomberg | Getty Images New York Community Bank said Thursday …

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Treasury Secretary Steven Mnuchin yet to help Trump

by Valentin Shriner
Treasury Secretary Steven Mnuchin yet to help Trump

Treasury Secretary Steven Mnuchin speaks as U.S. President Donald Trump and White House senior adviser Ivanka Trump listen during an East Room event highlighting Paycheck Protection Program (PPP) loans for …

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Dave McCormick set for Pennsylvania Senate run fundraising

by Valentin Shriner
Dave McCormick set for Pennsylvania Senate run fundraising

A month before Dave McCormick’s announcement Thursday for his second run for a U.S. Senate seat from Pennsylvania, he was the guest of honor at a party hosted by fashion …

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