Representative Jason Smith criticized Vice President Kamala Harris's economic plan, claiming it would harm the U.S. economy. His remarks come as he prepares for an upcoming presidential debate and discusses potential funding bill solutions. This commentary reflects a broader political discourse regarding economic policies in the lead-up to elections.
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As the political climate heats up and economic policies are scrutinized, investors may want to consider sectors that could be negatively impacted by stringent economic plans. The focus on Harris's plans could lead to volatility in financial stocks or funds that are sensitive to regulatory changes and economic policies.
Oct 11, 2024, 11:03 AM
Profits at JPMorgan and Wells Fargo both fell from the year-ago period, but those declines were less than what analysts expected.
Oct 11, 2024, 10:21 AM
JPMorgan and Wells Fargo get earnings season going in earnest while a wholesale inflation print is in focus after the CPI surprise.
Andersen Capital Management CIO Peter Andersen joins 'Mornings with Maria' to discuss big bank earnings and weighs in on the Federal Reserve's handling of rate cuts.