Thomas Franck
CNBC
New York, NY, United States
Contact Thomas
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Recent articles by Thomas:
Biden to travel to Uvalde to mourn victims of Texas school shooting
President Joe Biden will travel to Uvalde, Texas on Sunday to grieve with and console the families of the victims of Tuesday's mass shooting. → Read More
Senate to consider domestic terrorism bill despite stiff Republican opposition
The Senate will hold a procedural vote to advance a domestic terrorism bill, though opposition from Republican is likely to doom it. → Read More
CBO boosts U.S. GDP growth estimates, says inflation has topped and will cool to 2% by 2024
A report released by the Congressional Budget Office on Wednesday estimates that real gross domestic product, or GDP, will advance 3.1% in 2022. → Read More
Schumer says Democrats want to craft gun reforms with GOP after Texas school massacre
Senate Majority Leader Chuck Schumer pledged Wednesday to renew efforts to pass stricter U.S. gun-control laws. → Read More
Biden to address nation after Texas man kills 14 students, 1 teacher at elementary school
Biden will address the shooting at Robb Elementary School in Uvalde, Texas, after a gunman killed 14 students and one teacher. → Read More
Biden says his Taiwan comments don't reflect a change in U.S. policy after drawing ire from China
President Joe Biden insisted on Tuesday that the U.S. has made no change to its strategic policy on Taiwan. → Read More
Biden travels to Buffalo to grieve shooting victims, condemn racial violence
Biden will travel to Buffalo, New York, to console families of victims of a white gunman who targeted a Black community at a supermarket. → Read More
Biden asks states to use federal money for more cops, mental health programs to fight crime
President Joe Biden on Friday called upon states to use federal funds to invest in more cops and mental-health programs to fight crime. → Read More
Watch: Biden debuts efforts to boost U.S. crop production as Ukraine invasion fuels food prices
Biden will outline efforts to help U.S. farmers ramp up crop production to offset reduced global food exports caused by Russia's invasion of Ukraine. → Read More
Biden says White House could drop Trump China tariffs to lower consumer prices
President Joe Biden said that cooling prices are his top domestic priority, even as Wall Street braces for another inflation report north of 8%. → Read More
Yellen says financial system working well despite 'potential for continued volatility'
Treasury Secretary Janet Yellen believes the U.S. financial system is in working order, but wouldn't be surprised to see market volatility linger. → Read More
'Pass the damn bill:' Biden demands chips legislation to counter China tech rise
President Biden urged Congress to take swift action on the Bipartisan Innovation Act, a multibillion-dollar investment in the U.S. semiconductor industry. → Read More
Biden touts $1.5 trillion budget deficit reduction — but he's not telling the whole story
President Joe Biden touted sizable reductions in the federal deficit in the current fiscal year as part of his administration's economic savvy. → Read More
SEC nearly doubles crypto unit staff to crack down on abuses in the booming market
The SEC announced Tuesday that it is almost doubling its staff responsible for protecting investors in cryptocurrency markets. → Read More
Biden to ask Congress for $33 billion to support Ukraine through September
President Joe Biden will ask Congress for $33 billion to fund both humanitarian and military aid to Ukraine through September of this year. → Read More
Senate confirms Lael Brainard as Fed vice chair
The Senate confirmed Lael Brainard to be the Fed's next vice chair, a long-awaited step in her ascent to the top of the central bank. → Read More
White House sees strong GDP growth in 2022 despite inflation risks
The White House sees more risks to U.S. GDP growth in the months ahead due to rising prices, but still expects healthy GDP growth in 2022. → Read More
The latest U.S. sanctions against Russia target a digital currency company, a bank and another oligarch
The U.S. Treasury Department announced that it expanded its wide raft of sanctions to include entities that are helping Russia evade penalties. → Read More
U.S. Treasury Secretary Yellen to meet with top finance ministers to address global food crisis
Treasury Secretary Janet Yellen will meet with global ministers to address a food crisis caused by Russia's invasion of Ukraine. → Read More
Biden to nominate Michael Barr as Fed bank regulator in second attempt to fill post
President Joe Biden will nominate Michael Barr to be the Fed's big banks regulator, the administration's second attempt to fill the post. → Read More