Thomas Franck, CNBC

Thomas Franck


New York, NY, United States

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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