Bloomberg Politics

SNB’s Schlegel on Rate Decision, FX, Private Credit

Mar 19, 2026Center

Swiss National Bank President Martin Schlegel discusses the central bank’s decision to leave the benchmark interest rate at zero on Thursday. Speaking to Bloomberg News, he restated the SNB’s increased willingness to intervene in the FX market “in order to dampen abrupt and excessive exchange rate movements” to ensure price stability in the country. Schlegel also discusses the current private credit situation, saying it is “not alarming” as the size of private credit in Switzerland is “rather sm

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Melania gives Congress private deadline as she works around Trump's team: report

First lady Melania Trump gave Congress a private deadline to pass her signature foster care bill, and she is pursuing it largely outside the usual White House channels, according to a new report in Politico. At a bipartisan roundtable with the House Ways and Means Committee in April, the first lady publicly called foster care legislation a "moral imperative." Then, behind closed doors, she set a target, Rep. Jason Smith (R-MO) told the outlet: "I want this on Donald's desk by the August recess." The Fostering the Future Act, which expands housing, education and workforce help for young people aging out of foster care, passed the House unanimously.The Senate has not moved it out of committee, and lawmakers are set to leave Washington around Aug. 10. At a White House picnic the day the House passed the bill, both Trumps urged the Senate to hurry. "Hopefully, it will quickly pass in the Senate," the president said. He has not publicly pressed senators since.The deadline reflects a first lady who increasingly operates on her own track. Her office, not the State Department, has led her effort to reunite children displaced by the Russia-Ukraine war, negotiating directly with Moscow and Kyiv, the White House said. She has also shown a willingness to diverge from the administration's message. She broke with the White House on Epstein, calling for survivors to testify as the president's team tried to move past the scandal, and last week put her own spin on a Supreme Court ruling her husband celebrated, voicing support for the LGBTQIA+ community.A recent book recounted how she resisted Trump's overhaul of the White House grounds and lost.

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Justice Department defends decision not to release, unredact more Epstein files

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Justice Department defends decision not to release, unredact more Epstein files

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NewsNation

9 hours ago

Justice Department defends decision not to release, unredact more Epstein files

The DOJ’s response came in the final hours of a court-ordered deadline to remove redactions in at least a dozen documents.

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SCOTUS Birthplace Citizenship Decision Is John Roberts’ Roe v. Wade

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WATCH: Controversial SCOTUS decision strikes a divide among lawmakers

Latest Political News on Fox News

22 hours ago

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North Carolina high school counselor arrested for allegedly sending X-rated pics to students

New York Post

Yesterday

North Carolina high school counselor arrested for allegedly sending X-rated pics to students

North Carolina educator 37-year-old Lesli Lambeth Bryant was slapped with two counts of indecent liberties and second-degree sexual exploitation of a minor, court docs show.

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SNB’s Schlegel on Rate Decision, FX, Private Credit | ParallaxNews.io

SNB’s Schlegel on Rate Decision, FX, Private Credit

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SNB’s Schlegel on Rate Decision, FX, Private Credit

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