News

U.S. President Trump: Oil tankers are now returning to Venezuela and the oil will be sold through the energy agreement we established for such sales.

U.S. President Trump will hold a meeting with U.S. oil executives in ten minutes to discuss oil extraction in Venezuela.

The U.S. Congressional Budget Office (CBO): The U.S. budget deficit in December was $143 billion.

French Presidential Palace: France, Britain and Germany urge Iranian authorities to exercise restraint.

Federal Housing Finance Agency Director Pulte: Buying mortgage bonds could benefit Fannie Mae and Freddie Mac.

French President's Office: France, Britain and Germany strongly condemn Iran's "killing of protesters". France, Britain and Germany are deeply concerned about reports of violence by Iranian security forces.

Pulte, director of the Federal Housing Finance Agency, declined to say when the $200 billion in mortgage purchases would be completed.

Federal Housing Finance Agency Director Pulte: We've done a $3 billion mortgage purchase.

Fed's Barkin: Inflation data may not fully catch up until April.

Federal Housing Finance Agency Director Pulte on 50-year mortgages: We have other priorities right now.

President Trump: Today’s meeting will be almost entirely centered around Venezuelan oil and our long-term relationship with Venezuela.

US President Trump: We apologize for not being able to host oil companies today, but the Secretary of Energy and the Secretary of the Interior will meet with them next week.

US President Trump: Looking forward to meeting Colombian President Petro at the White House in the first week of February.

The governor of California proposes $200 million in new funding for electric vehicle tax credits.

U.S. Treasury Secretary Bessant: The Financial Crimes Enforcement Network is investigating multiple money services businesses in Minnesota.

The Fed accepted a total of $3.28 billion from six counterparties in fixed-rate reverse repurchase operations.

Barkin, Fed: One of the strengths of the Fed system is having regional officials who are outside the Washington, D.C., "bubble."

Fed's Barkin: The real solution to the housing market lies in supply and more homes need to be built.

Fed's Barkin: Employment data can now be taken at face value.

Fed's Barkin: Demand growth still appears to be quite healthy.