December 14, 2023/US Federal Reserve Recent indicators suggest that growth of economic activity has slowed from its strong pace in the third quarter. Job gains have moderated since earlier in the year but remain strong, and the unemployment rate has remained low. Inflation has eased over the past year but […]
Updates
Statement on Jury’s Verdict in Trial of Mykalai Kontilai and Collectors Coffee Inc.
December 14, 2023/US SEC Gurbir S. Grewal Director, Division of Enforcement Dec. 14, 2023 On Dec. 13, 2023, after a seven-day trial, a jury in the United States District Court for the Southern District of New York found Mykalai Kontilai and his company, Collectors Coffee, Inc. (a/k/a Collectors Café) liable […]
Remarks before the Financial Stability Oversight Council: 2023 Annual Report
December 14, 2023/US SEC By Chair Gary Gensler Thank you, Secretary Yellen. I thank the staff for their collaboration on the Financial Stability Oversight Council annual report, which I am pleased to support. When we gathered last December, we spoke about uncertain times in the global economy and financial markets—from […]

