Rep. Maxine Waters, D-Calif. and ranking member of the House Financial Services Committee, speaks during a hearing with Jerome Powell, chairman of the U.S. Federal Reserve, not pictured, in Washington on Feb. 27, 2019.

Rep. Maxine Waters

D-Calif., ranking member

TRENDING

Prime auto ABS

Volkswagen securitizes $750 million in prime retail auto loans

The capital structure for Volkswagen Auto Loan Enhanced Trust, series 2025-2, will remain the same, even though the deal can potentially be upsized to $1 billion.

By Donna M. Mitchell

November 20
Federal Reserve

Treasuries climb after mixed labor data keep rate cut bets alive

The jobs numbers for September — significantly delayed due to the government shutdown — showed employers added 119,000 jobs in the month, compared to a median economist estimate of 51,000.

By Ye Xie and Michael MacKenzie

November 20
Jobless claims

Unemployment persistent, jobs up in September

The economy added an unexpectedly robust 119,000 jobs in September, though unemployment edged up to 4.4%. The report, delayed by the federal government shutdown, continues a trend of sluggish job growth in recent months.

By Ebrima Santos Sanneh

November 20