HeyJaredMatt Peterson
- Indexed articles, last 90 days
- 31
- Latest publication
- Sep 30, 2026
- Outlet visibility, for CNBC
- Top 5K sites
- Earliest in this view
- Jul 9, 2026
Latest articles
Fed watchdog finds renovation failures, but no grounds for criminal referral (opens the original)
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The Federal Reserve's inspector general determined management and oversight failures contributed to major cost overruns in the central bank's headquarters renovation, but found no grounds for a criminal referral, it said in a report released Wednesday. "At no point during our evaluation did we find reasonable grounds to believe that a violation of federal criminal law had occurred requiring a referral to the U.S. Attorney General in accordance with the Inspector General Act," the report from the
Treasury Secretary Scott Bessent hires Wall Street economist David Zervos (opens the original)
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Treasury Secretary Scott Bessent has hired veteran Wall Street economist David Zervos, the longtime chief market strategist at Jefferies, as a counselor in the Treasury Department. Zervos was a CNBC contributor. Bessent announced the hire Monday in a statement obtained first by CNBC. Zervos will serve in a broad advisory capacity and is expected to begin immediately. He has backed Bessent's recent decision to increase buybacks of some long-term Treasury debt and has called for lower interest rat
Analysis: Higher Treasury yields deliver a reality check on a hot, inflation-prone economy (opens the original)
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The jump in Treasury yields this week is delivering a reality check about a strong economy, stubborn inflation, and the growing cost of the national debt. That will put the squeeze on the debt-heavy Trump administration as it tries to find a path forward for the economy. It also highlights the tension between the nation's top two economic policymakers. Federal Reserve Chairman Kevin Warsh wants to hear what markets are saying. Treasury Secretary Scott Bessent wants to use his tools to change t
Fed staff should have known Silicon Valley Bank was vulnerable, new report finds (opens the original)
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An outside review of the Federal Reserve's oversight of the failure of Silicon Valley Bank in 2023 has found the Fed's staff "knew, or should have known," that the bank was vulnerable prior to the crisis, Fed Vice Chair for Supervision Michelle Bowman said Friday. Bowman announced the initial results of the review, by the consulting firm Starling Advisory Group, in a speech in London. Silicon Valley Bank experienced a run in March 2023 after the bank announced it had sold securities at a $1.8 bi
Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike (opens the original)
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Chairman Kevin Warsh's quarter-point rate increase sends an unambiguous message to President Donald Trump: Hands off the Federal Reserve. Warsh on Wednesday voted with a unanimous Federal Open Market Committee to raise interest rates by a quarter-point, despite repeated urgings by Trump and his administration to cut or at least not hike. Those warnings continued even as the FOMC convened Wednesday. Yet Warsh reviewed the economy and made up his own mind that interest rates needed to rise, despit
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