President Biden’s pick for a top bank regulator position grilled in the senate today, one focus was on her alleged communist ties. What did they accuse her of and how did she respond? Shipping congestion isn’t bad for everyone. Some financial firms are profiting handsomely from the supply chain clogs. A warning from The European Central Bank, it says there are increased “exuberance” in certain sectors in the market, and that poses a serious risk.