Advocacy Updates

Hampered by Uncertainty, Fed Stays Rates

Improving trade conditions and rising risks to global health contributed to a hazy outlook that led the Federal Reserve to leave interest rates unchanged.

Fed’s Rate Freeze Sets Sober Mood for 2020

Experts say steady interest rates indicate a recession is now unlikely, but investors should expect modest performance in 2020.

Fed’s Third Rate Cut Highlights Dimming Outlook

The central bank voted to lower the federal funds rate in response to a cooling economy mitigated by weak business investment and exports.

U.S. and Chinese Leaders Hint at Trade War Breakthrough

U.S. President Donald Trump and Chinese President Xi Jinping seemed to indicate Friday that talks between the two countries have entered a new phase.

Biden’s Son to Step Down from Chinese PE Firm

After coming under scrutiny by President Donald Trump, Hunter Biden, son of former Vice President Joe Biden, announced he would cut ties with a Beijing PE firm.