Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
The Federal Reserve raised its key interest rate and kept its forecast for three hikes in 2018 amid modest inflation Fed raises rates, keeps forecast for 3 hikes in 2018 The Federal Reserve raised its key interest rate and kept its forecast for three hikes in 2018 amid modest inflation Check out this story on USATODAY.com: https://usat.ly/2DL2wlt Jerome Powell listens to President Trump announce him as Trump's nominee for Chair of the Board of Governors of the Federal Reserve System, in the Rose Garden of the White House in Washington on Nov. 2, 2017. If confirmed, Jerome Powell will succeed Janet Yellen as chair of the US central bank.
For months, President Trump's legal advisers implored him to avoid so much as mentioning the name of Robert S. Mueller III, the special counsel, in his tweets, and to do nothing to provoke him or suggest his investigation is not proper. Ignoring that advice over the weekend was the decision of a president who ultimately trusts only his own instincts, and now believes he has settled into the job enough to rely on them rather than the people who advise him.
President Donald Trump has chosen Larry Kudlow to be his top economic aide, elevating the influence of a long-time fixture on the CNBC business news network who previously served in the Reagan administration and has emerged as a leading evangelist for tax cuts and a smaller government.
For more than a decade and a half, Larry Kudlow has been a fixture on the CNBC business news network, a pinstripe-suited conservative arguing relentlessly for tax cuts and a smaller government with tart sound bites.
The Senate is edging forward legislation to roll back some of the restraints on banks that President Barack Obama and Democrats in Congress put in place eight years ago to prevent another financial crisis. The bill has overwhelming Republican support and enough Democratic backing that it's expected to garner the 60 votes necessary to clear the Senate, possibly later this week.
New revelations about a $130,000 payment to a porn star race a thicket for legal questions for President Trump, his lawyer and his campaign. Did the $130,000 payment to Stormy Daniels break the law? New revelations about a $130,000 payment to a porn star race a thicket for legal questions for President Trump, his lawyer and his campaign.
An internal report by a banking regulator projects how it might help JPMorgan and Citigroup, which owns Citibank. A bipartisan Senate bill quickly moving toward passage could allow two of the nation's biggest banks to reduce the amount of money they must keep on hand as a buffer against collapse by a collective $30 billion, an internal analysis by a top banking regulator has found.
In this Feb. 23, 2018, file photo, Treasury Secretary Steve Mnuchin gestures as he answers questions during a briefing at the White House in Washington. It looks like President Donald Trump's romance with the Goldman Sachs crowd is going cold.
Top economic adviser Gary Cohn is only the latest Goldman figure to head for the White House exits, suggesting the influence of the oh-so-establishment banking powerhouse has been overwhelmed by the more nationalistic voices in the West Wing. Cohn, Goldman's former president, announced his resignation this week after an unsuccessful effort to block Trump from imposing sweeping new tariffs on steel and aluminum imports.
Policy differences with your boss, especially if he is the president, are one thing; reportedly calling him a "moron" and declining to say whether he represents American values are quite another. And yet a little more than a year after Rex Tillerson was sworn in as the U.S. secretary of state, and amid umpteen stories of his imminent departure from that position, including in The Atlantic , he's still in his job while high-profile Trump loyalists such as Hope Hicks are out.
The White House says Mexico, Canada and other countries may be spared from President Donald Trump's planned steel and aluminum tariffs under national security "carve-outs," a move that could soften the blow amid threats of retaliation by trading partners and dire economic warnings from lawmakers and business groups. Press secretary Sarah Huckabee Sanders told reporters the exemptions would be made on a "case by case" and "country by country" basis, a reversal from the policy articulated by the White House just days ago that there would be no exemptions from Trump's plan.
The White House said Mr Trump was expected to make a final announcement by the end of the week The White House has said Mexico, Canada and other countries may be spared from President Donald Trump's planned steel and aluminium tariffs under national security "carve-outs". The move could soften the blow amid threats of retaliation by trading partners and dire economic warnings from lawmakers and business groups.
The government said non-fatal overdoses visits to hospit... . From left, kindergarten teacher Terra Triggs, first grade teacher Andrea Mason, kindergarten teacher Lisa Taylor, reading specialist Shelly Sexton, Brynn Triggs, Nikki Sexton relax and talk as they wait fo... West Virginia Gov. Jim Justice says a tentative agreement has been reached to end a nine-day statewide teachers' strike by giving them the 5 percent raises he negotiated to end their walkout.
President Donald Trump's personal attorney Michael Cohen complained to friends he had not been reimbursed for a six-figure payment to a porn star alleged to have had an affair with Trump, The Wall Street Journal reported Monday. Cohen previously said in a statement that he had facilitated a payment to Stephanie Clifford, better known as the porn star Stormy Daniels, but has denied that Trump and Clifford had an affair in 2006, as The Wall Street Journal previously reported.
U.S. Rep. Beto O'Rourke , an El Paso Democrat, once again reported raising more money than Republican U.S. Sen. Ted Cruz in what is shaping up to be an intense general election matchup. Over the first 45 days of 2018, O'Rourke raised $2.3 million - almost three times more than Cruz's $803,000, according to new reports filed by Cruz and O'Rourke with the Federal Election Commission.
U.S. Interior Secretary Ryan Zinke has changed a proposed overhaul of his department with a new organizational map that more closely follows state lines instead of the natural boundaries he initially proposed. U.S. Interior Secretary Ryan Zinke has changed a proposed overhaul of his department with a new organizational map that more closely follows state lines instead of the natural boundaries he initially proposed.
Common Cause said in its complaints that the payment to Karen McDougal was intended to influence the election by keeping her story under wraps. The owner of the National Enquirer said the complaints were groundless.
Britain's biggest banks will reveal annual figures this week after another eventful year for the sector, clouded once more by mis-selling scandals and controversy over past misdeeds. The performance of state-backed Royal Bank of Scotland, which reports on Friday, will hinge on whether the lender is hit by a pending settlement with the US Department of Justice over claims it mis-sold risky mortgage-backed securities in the run-up to the financial crisis.
NAFCU President and CEO Dan Berger met Tuesday with House Financial Services Subcommittee Chairman Blaine Luetkemeyer, R-Mo., to discuss issues of importance to credit unions - including data security. NAFCU Vice President of Legislative Affairs Brad Thaler and Director of Political Affairs Chad Adams were also in the meeting.
As ABC News reports, Ron Wyden wrote to the Treasury Department last Friday, arguing that "It is imperative that Congress follow the money and conduct a thorough investigation into any potential money laundering or other illicit financial dealings between the president, his associates, and Russia." Senator Ron Wyden, D-Ore., is probably wasting his time scrutinizing President Trump's 2008 Palm Beach property sale to Russian oligarch Dmitry Rybolovlev.