BROWSE BY TOPIC
Stories of Interest
- Citigroup Raises CEO Corbat's Pay 48% to $23Mn
- Should Congress Create a Crypto-Cop?
- JPMorgan Weighs Buying an Exchange-Traded Funds Firm
- Hey, Goldman Sachs: Wanna Buy BNY Mellon?
- SEC Order Rejecting Acquisition of Chicago Stock Exchange (CSX) by Chinese-Baesd Company
- Kyle Moffatt Named Chief Accountant in SEC CorpFinance
- SEC Suspends Trading in 3 Issuers Claiming Involvement in Cryptocurrency and Blockchain Technology
- Karen Garnett, Assoc. Director of SEC CorpFinance, to Leave After 23 Years of Service
- Louisiana Adviser Barred for Hiding Losses from Investors
- Connecticut HF Manager Illegally Diverted Investor Money - Now Owes Nearly $13Mn
- White House Cleaning House of Advisors Without Full Security Clearance
- Goldman Projects 30% Growth in Wealth Management Advisor Force
- Whistleblower Alleges Manipulation of CBOE Volatility Index
- FINRA Looking Into VIX (CBOE Volatility Index) Manipulation: WSJ
- Atlanta-Area Resident Charged with Misusing Investor Funds - SEC
- FINRA Announces 2018 West Region Networking Seminar
- Alberto Arevalo, Associate Director in Office of International Affairs, to Retire From SEC
- A Culprit for Financial Site Glitches: You and Your Apps
- Investor Protection, Capital Formation and Market Integrity Are Top Priorities in SEC Budget Request
- We Must Stop Out-Of-Control Trading or U.S. Capitalist System Will Break Down - Dick Bove
We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.
Stay Informed with the latest fanancialish news.
NEWSLETTERS & ALERTS
Donald Trump & Co.
Trump: Buddy-Buddy One Moment, Vindictive The Next
There has been a steady stream of business executives into the White House for meetings with President Trump - at least 9 such meetings since January. Attendees consistently report that the 'private' Trump can be charming and cajoling, flexible and inquisitive, and ready to express admiration for his guests and their companies. As we've heard in news interviews, business executives leave these meetings gushing with hope, if not confidence, that the President's agenda will essentially be pro-business.
Trump's approach to these meetings is "one of listening and not lecturing," said a senior White House official who has participated in industry meetings. "I've seen a president who is listening and asking questions to get to how he can create a thriving economy," the official said.
The public Donald Trump, @realDonaldTrump, that emerges through his early morning tweets takes on a different tone - one that is uncompromising and demanding. LIke Tuesday, when he tweeted: I am working on a new system where there will be competition in the Drug Industry. Pricing for the American people will come way down! That pre-market tweet was enough to prompt a sell-off of drug companies.
Which leads us to Trump's agenda for today, Wednesday, March 8th, when the President is scheduled to meet with a group of infrastructure business leaders. The lunch meeting will include business leaders from real estate, management consulting, private equity, and at least one environmental group.
Two-Headed Strategy. This is a Trumpian pattern that we've seen the past 2 years - tell the people what they want to hear, then proceed with the administration's agenda, which may or may not comport with prior stated positions. It's one way that Trump seems to maintain the upper hand - by keeping everyone guessing as to his next move.