Billionaire Schwarzman: Dimon’s words harsh but few Americans like the political gridlock

Jamie Dimon’s recent critical words about the federal government were harsh but few Americans like gridlock, Steve Schwarzman, the billionaire co-founder of Blackstone Group, told CNBC on Tuesday. Schwarzman spoke with CNBC after a summit with Chinese companies...

If Cohn bolts to the Fed, it would signal Goldman Sachs giving up on Trump, says ex-Fed official

If the speculation bears out and the White House’s chief economic advisor, Gary Cohn, a Goldman Sachs alum, were to become the next Federal Reserve chairman, the Trump administration would be gaining a steady hand at the central bank, but perhaps losing support...

The GOP’s Obamacare repeal-only plan is already on the verge on stalling

Republicans’ new push to repeal Obamacare without implementing an immediate replacement is already on the verge of failing. After the collapse Monday night of the latest GOP plan to replace Obamacare, Senate Majority Leader Mitch McConnell said he aimed to pass...