The University of Michigan Consumer Sentiment Index decreased 4.9% in November compared to the month prior, landing at 51, according to final results for the month. Sentiment was down 29% year over year. The current conditions index fell 12.8% from the month prior to 51.1. The index of consumer expectations rose 1.4% from the month prior to land at 51.
Senators reintroduce bill to ‘claw back’ bank executive pay
A bipartisan group of 14 senators has reintroduced legislation to require the FDIC to “claw back” bank executive pay following a large bank failure.










