White House is withdrawing its nomination of Ryan Baasch to be FTC commissioner; Baasch to become deputy director of the White House NEC instead
The withdrawal of Ryan Baasch's FTC commissioner nomination and his appointment as deputy director of the White House NEC signals a strategic shift in the administration’s approach to regulatory oversight.
US FX WRAP: Dollar slightly firmer after strong ISM Services reading
JPMorgan Chase (JPM) reaches a deal to take over the Apple (AAPL) credit card, WSJ reports
White House is withdrawing its nomination of Ryan Baasch to be FTC commissioner; Baasch to become deputy director of the White House NEC instead
TREASURY WRAP: T-NOTE FUTURES (H6) SETTLE 8 TICKS HIGHER AT 112-18+
Q4 GDP data has been rescheduled for Feb 20th, October and November Personal Income and PCE to be released January 22nd
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This could imply a softer stance on antitrust issues, affecting sectors sensitive to regulatory changes and possibly leading to a re-evaluation of certain corporate strategies moving forward.
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