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Stories published on Nov 17
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Monday, Nov 17

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Feds recount seizing cash, cars, jewelry from former Cuomo-Hochul staffer

www.courthousenews.com

The FBI seized a Patek Philippe watch, a 2024 Ferrari and more than $130,000 in cash from raids on Linda Sun and her family.

Breitbart Business Digest: The Fed’s Tariff Study Just Blew Up the Inflation Story

www.breitbart.com

A new paper from the Federal Reserve Bank of San Francisco suggests that the economic establishment's narrative that tariffs drive up inflation is wrong.

Fed’s Cook blasts mortgage fraud allegations against her as ‘baseless’ in letter to AG Bondi

wtop.com

WASHINGTON (AP) — In a letter to Attorney General Pam Biondi on Monday, lawyers for Federal Reserve Governor Lisa Cook…

More than 140 arrested in San Antonio raid, feds say

www.texastribune.org

Federal authorities say a court-authorized operation is among the first carried out by a new Homeland Security Task Force in South Texas.

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Lawyers for Fed governor accuse Trump administration of ‘cherry-picking’ facts in fraud case

www.theguardian.com

Lisa Cook’s lawyer details defense against accusations she misrepresented residences to get better mortgage rate

Tech Selloff Resumes As Fed Rate Cut Hopes Fade: Palantir Eyes Worst Month Since 2023

www.benzinga.com

AI and chip stocks extended losses Monday as fading Fed rate-cut hopes reignited a tech-led selloff across Wall Street.

Fed Data Finds Consumers Want More Credit but Not More Cards

www.pymnts.com

A tightening credit backdrop is changing how Americans think about credit cards, from whether to apply for a new account to how often to ask for a higher line. PYMNTS Intelligence data and the most recent New York Federal Reserve Bank’s…

Feds say they detained 140 migrants at San Antonio raid conducted by FBI, Homeland Security

www.sacurrent.com

In a statement, the government also trumpeted the creation of a new Alamo City-based task force dubbed HSTF-South Texas.

Fed. Circ. Backs Patent Owner's PTAB Win In Samsung Fight

www.law360.com

A split Federal Circuit panel refused to revive Samsung's challenge to a pair of patents covering a way of navigating through data on an electronic device, shooting down the electronics giant's challenge to the Patent Trial and Appeal…

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Here are the monthly payments on a $30,000 HELOC now, post-October Fed rate cut

www.cbsnews.com

HELOC rates just fell to a multi-year low. Here's what the monthly payments on a $30,000 HELOC will look like now.

Powell's Era of Consensus at the Fed Is Over

Federal Reserve policymakers are split over whether they should continue cutting interest rates, ending a period of consensus that has defined Chair Jerome Powell's leadership of the central bank.

Fed's Cook blasts mortgage fraud allegations against her as 'baseless' in letter to AG Bondi

www.independent.co.uk

Lawyers for Federal Reserve Governor Lisa Cook on Monday disputed allegations by a Trump administration official that she committed mortgage fraud, an accusation that President Donald Trump used as a basis for seeking to fire her

Fed’s Waller backs December rate cut — and he’s ‘unlikely’ to change his mind. Here’s why.

www.marketwatch.com

Federal Reserve governor Christopher Waller said he supports another quarter-point cut in a key U.S. interest rate in December to help an ailing U.S. labor market — and he doubts he’ll change his mind.

Fed Governor Waller backs December rate cut as support for weakening labor market

www.cnbc.com

Waller's comments put him squarely in the came of those looking to ease monetary policy to head off further danger in the jobs picture.

Dutta Dismantles the Fed's Rate-Hold Case

www.breitbart.com

Renaissance Macro economist Neil Dutta says the Federal Reserve is on the verge of making a serious policy mistake as various officials drift toward keeping rates steady instead of cutting next month.

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