Gina joined Breakingviews in 2016 from the Financial Times, where she was the enforcement and regulatory correspondent in Washington, most recently focused on white-collar crime and cyber security. Before that, Gina was the corporate reporter for Quartz and spent seven years at the Wall Street Journal in New York, Baghdad and Detroit, covering M&A, war and cars. She also has written a book about the Khmer Rouge, trained journalists in Iraq and written from her native Seoul.
That’s what an SEC rule shifting printed and mailed shareholder reports online could save the $19 trln U.S. investment industry. The paper sector is suing to shred the plan, the latest chapter in a saga pitting economic and environmental common sense against D.C. dysfunction.
The U.S. president chose economist Nellie Liang to be a central bank governor. It will be the first time in five years that all seven board seats are filled. Liang’s financial stability expertise rounds out Trump’s other conventional picks and is going to be handy if crisis hits.
The latest round of U.S. tariffs on $200 bln of its goods, and China’s response, could have been worse. That buoyed markets. But investors are missing the bigger picture. Talks and hearings haven’t stopped things getting to this point, and they are likely to escalate further.