Political Race in Iowa and Prospects for U.S. Banks

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Discussion on the Iowa political process and its impact on the Republican candidate selection, followed by an analysis of major U.S. banks' fourth quarter earnings and their outlook amidst expected interest rate cuts and competitive pressure.

Taiwan’s presidential election shows that voters are willing to defy China, the 2024 US presidential election kicks off today, and American banks say that American consumers are in good shape.

Mentioned in this podcast:

What Taiwanese voters’ defiance means for China

Banks say US consumers in good shape but poll shows Biden gets no credit

Iowa poll shows Trump far ahead of rivals in Republican race

Credit: CBS News

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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