new money in us snippets

The director of the Federal Aviation Administration will step down on Trump's swearing-in day, and the director of the Federal Aviation Administration (FAA) plans to step down on January 20, Trump's presidential swearing-in day. In a letter to employees issued by the FAA Information Office, Michael Whitaker announced his decision to leave. Whitaker has only been in office for more than a year. In October 2023, his nomination as director of FAA was unanimously approved by the Senate. Mark House, Assistant Director of Finance and Management of FAA, will serve as Acting Deputy Director.Federal Deposit Insurance Corporation: domestic bank deposits in the United States increased by 1.1% to US$ 194.6 billion, and uninsured deposits increased by 2.7%; The number of "problem banks" has increased by two to 68, with total assets of $87.3 billion.Lian Ping, Dean and Chief Economist of Guangkai Chief Industry Research Institute: It is expected that deficit ratio will be allocated 4%-4.5% next year, and its finance will be more active to meet the current economic needs. (Xinhua Finance)

US National Security Adviser Sullivan: We are seeking to reach a hostage release agreement and cease fire; Ceasefire and hostage agreement will begin to bring hostages home and greatly increase aid to Gaza.Ceng Gang, chief expert and director of Shanghai Finance and Development Laboratory: To further improve the governance structure of the restructured small and medium-sized banks, Ceng Gang, chief expert and director of Shanghai Finance and Development Laboratory, told reporters that in the past, the risk disposal and resolution of small and medium-sized financial institutions have been promoted in an orderly manner. The overall idea is to reduce the amount and improve the quality through mergers and acquisitions, that is, to replenish capital during the merger and reorganization process, on the one hand, to effectively deal with the stock risks, on the other hand, to enhance the ability of new institutions to cope with competition and risks through the scale effect formed after the merger. (SSE)Federal Deposit Insurance Corporation (FDIC): As there was no one-off income from equity securities trading in the last quarter, bank profits declined, which was partially offset by strong net interest income; The bank reported that its quarterly net interest income increased by $4.5 billion and its net interest margin rose to 3.23%. Bank of America's profits fell by 8.6% to $65.4 billion in the third quarter of 2024.

Li Guangzi, director of the Banking Research Office of the Institute of Finance of China Academy of Social Sciences: The risk of small and medium-sized financial institutions is the focus of risk disposal in the coming period. Li Guangzi, director of the Banking Research Office of the Institute of Finance of China Academy of Social Sciences, told reporters that with the implementation of the policy package to resolve local government debt risks, the local government debt risks have obviously converged recently. In contrast, risks in real estate and small and medium-sized financial institutions are still outstanding. In this context, the meeting took the risks of real estate and small and medium-sized financial institutions as the focus of risk disposal in the coming period, which made clear the focus and pointed out the direction for further financial risk disposal. Especially in the field of real estate, because of its long adjustment cycle and wide coverage, it is still the top priority of risk disposal. (SSE)The yield of Italian 10-year government bonds rose by 9 basis points to 3.28%, the highest level since December 2.Accidents happen frequently. Our embassy reminds China compatriots in Thailand to participate in high-risk tourism projects cautiously. On the 12th, the China Embassy in Thailand issued a document reminding China compatriots in Thailand to participate in high-risk tourism projects cautiously. The Embassy said that a China compatriot who came to Thailand to participate in paragliding recently had an accident. Since the beginning of this year, several China compatriots have had accidents due to their participation in high-risk sports or recreational projects. The Embassy of China in Thailand would like to remind our compatriots in Thailand to have a firm sense of risk. When choosing tourism projects, please comprehensively consider the qualifications of the project company, the quality of equipment and facilities, transportation, medical assistance and supporting services. Fully consider the possible hidden risks, combined with their own physical condition and reasonable judgment, paragliding, jungle leap, snorkeling, upstream, cave exploration and other projects have higher risks. If you really need to participate, please choose a regular travel agency or project organization, fully understand the terms of the agreement and sign a formal contract, receive technical training, wear life-saving equipment and abide by relevant regulations. It is recommended to buy personal accident insurance. In case of unexpected circumstances, please call the police in Thailand for help as soon as possible, and contact the embassy or consulate in Thailand to minimize losses.