"Virtue gives birth to tranquility, tranquility to leisure, leisure to disorder, disorder to ruin… and similarly from ruin, order is born, from order virtue, from virtue, glory and good fortune." -- Niccolò Machiavelli

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Stress Test Results (2024): Citigroup completed the Federal Reserve Board’s 2024 annual supervisory stress test process. The indicative Stress Capital Buffer (SCB) requirement for Citigroup decreased to 4.1% (from the previous 4.3%). The preliminary
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The House of Representatives failed to pass a $7 billion spending measure to fund part of the government for fiscal year 2025 after a number of Republican members voted against it, in a setback for House Speaker Mike Johnson (R-La.) and other GOP