Banking and Financial Institutions

• Jobs Report Could Provide Overdue Clarity on Uncertain Economy - Employers added 64,000 jobs in November, according to data delayed by the government shutdown, but the unemployment rate rose to a four-year high of 4.6 percent.
• Jobs Report Could Provide Overdue Clarity on Uncertain Economy - Hiring and unemployment data for November will offer a snapshot of a cooling job market buffeted by President Trump’s policies.
• Russia Sues Holder of Frozen Assets Europe Wants for Ukraine Loan - The lawsuit was a warning to European officials who are racing to agree to a plan to use Russian government assets in Europe to lend money to Ukraine.
• Bessent Accelerates Regulation Overhaul to Jumpstart Growth - The Treasury Secretary unveiled changes to the Financial Stability Oversight Council to ease “overregulation.”
• Private Employers Cut Jobs in November, in Latest Sign of a Slowdown - Data from ADP, a payroll processor, is getting added attention because of delays in official statistics caused by the government shutdown.
• Fed Pick Puts Pressure on Bessent to Deliver for Trump - Treasury Secretary Scott Bessent, who is leading the search for the next Federal Reserve chair, could face President Trump’s wrath if the person chosen does not quickly lower interest rates.