Donald Trump invoked the economic populist message that carried him to the White House during his inaugural address, telling the crowd, “From this day forward, it’s going to be only America first.” “We the citizens of America are now joined a great national effort to rebuild our country and restore its promise for all of our people,” he said.
Category: US News
How This CEO Got Caught Up In the Clinton Email Scandal
Months after the election, we still don’t know for sure what happened to all of Hillary Clinton’s emails, the ones that passed through her private email server, a question that remains unresolved and continues to infuriate some of President-elect Donald Trump’s die-hard supporters. But one clue to unraveling the mystery may lie with a low-key tech company based in southwestern Connecticut and its 31-year-old freckle-faced CEO, who handed over up to 17,448 deleted Clinton emails to the FBI.
Investor Optimism Reigns Ahead of Trump Inauguration
In fact, fifty-seven percent of investors are now optimistic about economic growth – up from 45 percent in the third quarter – while only 27 percent are pessimistic, down from 35%, according to new Wells Fargo research. “The primary reason that investors have become more positive and the market has rallied since the election is that the two biggest unknowns for 2016 were eliminated in the last quarter of the year,” said J.J. Kinahan, chief market strategist at TD Ameritrade.
Credit Suisse Tops Market in Zurich After Final $5.3 Billion Mortgage Settlement with DoJ
Credit Suisse Group shares gained Thursday after the investment bank followed rival Deutsche Bank in finalizing a multi-billion dollar mortgage bond settlement with the U.S. Department of Justice. Credit Suisse Group shares rose to the top of the leaderboard in Zurich Thursday after the investment bank followed its German rival, Deutsche Bank AG , in finalizing its multi-billion dollar mortgage bond settlement with the U.S. Department of Justice.
New survey shows how much Fox News dominated the 2016 election
Fox News dominated the airwaves during the 2016 election season, serving as the main source of news for more people than any other media outlet, a new survey showed on Wednesday. The survey, conducted by Pew Research Center, found that 19% of Americans who were surveyed considered Fox News their “main source” of news during the election.
DON McKEE: Georgia’s growing clout with Graves as chairman
Georgia’s clout in Congress has increased with the appointment of Rep. Tom Graves, R-Ga., to chair the Financial Services and General Government Subcommittee of the House Committee on Appropriations.
Most cybersecurity experts are worried about Russian hackers. One says: Look, a squirrel.
A squirrel runs on a power line in Los Angeles on March 20, 2012. Pop quiz: Close your eyes and try to envision the biggest threat to America’s cybersecurity – something that could knock out power to a city in a blink.
The Latest: IMF chief says dealing with inequalities is key
Christine Lagarde, managing director of the International Monetary Fund, says that dealing with inequalities will have to be a central element of leaders’ response to the concerns of populist movements. Conceding that there is “no silver bullet response,” Lagarde said on a panel at the World Economic Forum that it’s time for “courageous” leaders to reconnect with the people.
Trump implies he’s glad Democrats are boycotting his…
In an interview with Fox and Friends set to air Wednesday, the president-elect suggested he was glad some were skipping his inauguration, claiming organizers could use the extra space. “As far as other people not going, that’s OK because we need seats so badly.
Amid budget crisis, economy on minds of many
But when he was laid off in July from the factory in Santa Fe where he had worked for more than 17 years, McGuiness was thrust back into the job market in New Mexico, where the unemployment rate ranks as the nation’s second highest. Despite having years of experience in chemical compounding, getting a job interview has been a challenge.
Nobody Safe’ If Republicans Undo Net Neutrality, FCC Chair Says
Online companies such as Amazon.com Inc. are vulnerable to unfair competition from internet service providers if the Federal Communications Commission’s open-internet rule is reversed, agency Chairman Tom Wheeler said Tuesday. “Nobody is safe,” Wheeler, a Democrat, said in an interview three days before he leaves office and a Republican administration led by President-elect Donald Trump takes office.
Lawmakers look to Rep. Price to fill in blanks on Obamacare repeal
Congressional Republicans still have a lot of work to do before agreeing on a plan to klll the Affordable Care Act. Georgia congressman Tom Price will get a grilling on Wednesday, Jan. 18, from Republicans and Democrats alike on how President-elect Donald Trump will fill in the blanks over a plan to repeal and replace Obamacare.
China’s Xi defends global trade at World Economic Forum in Davos
Chinese President Xi Jinping is the first Chinese leader to attend the World Economic Forum in Davos, Switzerland. Chinese President Xi Jinping on Tuesday trumpeted the need for free trade and urged the world to “say no to protectionism,” delivering a strong rebuke to isolationist tendencies that helped fuel Donald Trump’s presidential election victory.
Obama: Here’s what surprised me most about being president
With one week left in office, President Barack Obama talked to CBS’s “60 Minutes” about his eight years in Washington. The interview, which aired on Sunday, gave a wide-ranging look at Obama’s biggest achievements and disappointments in office, and included lots of insights on what it meant to Obama to lead the US.
Rolls-Royce To Pay $800M to U.S., U.K., Brazil in Bribery Settlements
Rolls-Royce has agreed in principle to settle bribery and corruption cases with U.S., U.K. and Brazilian authorities by paying the equivalent of more than $800 million to the three countries, the company said in a news release Monday. Rolls-Royce said it has cooperated with authorities on the cases, which involve bribery and corruption of intermediaries in overseas markets, concerns about which the company said it passed to the SFO from 2012 onwards.
Meet the Men Who Will Oversee Trump’s Infrastructure Plan
President-elect Donald Trump is planning to name real-estate developers Richard LeFrak and Steven Roth to head up a new council he is creating to monitor spending on his proposed $1 trillion plan to improve the nation’s roads, bridges and other public works. Mr. Trump said in an interview Friday with Wall Street Journal reporters and editors that he has asked the two New York-based developers, whom he has known for decades, to oversee the council of 15 to 20 builders and engineers.
Dr. Alveda King Speaks Out on Trump, Lewis Feud
Despite the political tension during and after the presidential campaign, as well as the recent war of words between Rep. John Lewis, , and President-elect Donald Trump, Dr. Alveda King, niece of Dr. Martin Luther King, Jr., and author of ‘America: Return to God,’ is optimistic. “My uncle would be very happy with these times because it is forcing America to talk again.
Democratic Congressman Defends Decision to Boycott Inauguration
Democratic Congressman Mark DeSaulinier says he is skipping the presidential inauguration on Friday, citing President-elect Trump’s behavior as the reason for his planned absence. “I was hoping he would change and try to unify America.
Rolls to Pay $807 Million to End U.K., U.S. Bribery Probes
Rolls-Royce Holdings Plc agreed to pay about 670 million pounds to resolve long-running U.S. and U.K. investigations into allegations its representatives bribed foreign officials to win business. Europe’s largest maker of commercial jet engines will pay the U.K. Serious Fraud Office 497.25 million pounds plus interest, and the U.S. Department of Justice about $170 million, the company said Monday in a statement.
7 Obamacare Provisions That Could Be Eliminated As Soon As Jan. 20
By the end of this week, President-elect Donald Trump will officially become the 45th president of the United States. With his ascent into the Oval Office will also come a changing of the guard when it comes to policy.
Trump Offers Britain Quick Trade Accord as He Shuns Europe
U.S. President-elect Donald Trump said he would offer the U.K. a quick and “fair” trade deal when he meets Prime Minister Theresa May shortly after taking office, as he signaled a major shift in trans-Atlantic relations. “We’re gonna work very hard to get it done quickly and done properly.
Will Veterans Affairs Nominee David Shulkin Privatize the VA? We Don’t Know
If confirmed, Shulkin, the current Undersecretary for Health at the VA, would be the first non-veteran to hold the post and the first Obama administration alum in Trump’s Cabinet. President-elect Donald Trump’s pick to serve as Secretary of Veterans Affairs, Dr. David J. Shulkin, has worked in the Cabinet office for 18 months.
A Republican Privatization of Social Security Is a Real Possibility
Social Security was among the most important issues heading into the 2016 election. Yet, interestingly enough, it wasn’t paid very much attention during the debates, which is surprising when you consider that 61% of current retired beneficiaries count on Social Security to provide at least half of their monthly income.
He ‘ought to be careful’: Trump chief of staff issues stern…
President-elect Donald Trump’s incoming chief of staff warned the head of a top government watchdog organization on Sunday to be careful of its public criticism of Trump. Reince Priebus blasted Office of Government Ethics Director Walter Shaub on “This Week” after he dubbed Trump’s attempts to separate himself from his business interests this week ” wholly inadequate .”
Explosive memos suggest that a Trump-Russia tit-for-tat was at…
An unverified dossier provided to US intelligence officials alleges that President-elect Donald Trump “agreed to sideline” the issue of Russian intervention in Ukraine during his campaign after Russia promised to feed the emails it stole from prominent Democrats’ inboxes to WikiLeaks. The dossier was part of an opposition-research project conducted by a former British spy , Christopher Steele, at the behest of anti-Trump Republicans and, later, Democrats.
‘Comey acted in an outrageous way during the campaign’: Bernie…
Sen. Bernie Sanders suggested FBI Director James Comey should resign over how he conducted the FBI’s investigation of Hillary Clinton’s use of a private email server while serving as secretary of state. e should take a hard look at what he has done.
Mega-mergers poised to get green light under Trump
Donald Trump Dem sen: Lewis’ comments on Trump ‘uncalled for’ Mark Hamill mocks Trump by reading Meryl Streep tweets as the Joker Priebus: John Lewis’s comments ‘irresponsible’ MORE ‘s incoming administration will be more favorable to corporate mergers, experts and business groups believe, marking a sharp shift from the Obama years. Trump’s team is tapping nominees who have offered support for scaling back regulations and oversight as companies in key industries look to consolidate.
What Does 2017 Hold for Obamacare?
The Affordable Care Act became law in 2010, and the law has remained controversial long after its enactment. Until recently, policymakers didn’t expect any major changes to Obamacare during 2017, but they acknowledged that the outcome of the 2016 presidential election would have huge implications for the fate of healthcare reform going forward.
U.S. House Votes to Begin Repealing Obamacare
U.S. House Republicans on Friday won passage of a measure starting the process of dismantling Obamacare, despite concerns about not having a ready replacement and the potential financial cost of repealing repealing Democratic President Barack Obama’s landmark health insurance law. The House of Representatives voted 227-198 to instruct committees to draft legislation by a target date of Jan. 27 that would repeal the 2010 Affordable Health Care Act, popularly known as Obamacare.
FCC Chairman warns Republicans against net neutrality repeal – CNET
In his last speech as chairman of the FCC, Tom Wheeler defends his controversial open internet rules that prohibit broadband providers from favoring their own services at the expense of their competitors. Federal Communications Commission Chairman Tom Wheeler testifies before a House subcommittee in March 2015 defending his agency’s controversial net neutrality rules.
FCC Chairman warns Republicans against net neutrality repeal – CNET
In his last speech as chairman of the FCC, Tom Wheeler defends his controversial open internet rules that prohibit broadband providers from favoring their own services at the expense of their competitors. Federal Communications Commission Chairman Tom Wheeler testifies before a House subcommittee in March 2015 defending his agency’s controversial net neutrality rules.
How Symantec, FireEye, Cisco and Others Could Fit into Trump’s Cybersecurity Plan
As new Trump adviser Rudy Giuliani puts together a cyber security plan for the incoming administration, he has made it clear that the private sector will be part of the strategy. Companies like Symantec , FireEye , Cisco , Proofpoint , Splunk and BlackBerry could all play a larger role in the nation’s defenses.
The outgoing FCC chairman doesn’t think his legacy will be easily overturn.
In a counterfactual world where Hillary Clinton wins the election, the Federal Communications Commission goes after AT&T for “zero-rating” DirecTV Now. What’s more, the agency uses the fact that Time Warner has licenses for the operation of satellites to force AT&T to submit its proposed $85 billion merger, and then, leans on the telecom giant to accept as a condition for approval, that it will no longer exempt the consumption of its owned content from consumers’ data caps.
Wheeler: Keep net neutrality rules
Outgoing Federal Communications Commission Chairman Tom Wheeler fired shots at anyone looking to repeal net neutrality measures during his farewell speech on Friday. Speaking at the Aspen Institute, Wheeler said that repealing the open internet or net neutrality policies would be a mistake.
Renault Tumbles As Paris Prosecutor Opens Inquiry Into Emissions
Shares in the French carmaker fell more than 3% after a dossier on emission testing was passed to judges to consider the merits of legal action. Renault shares tumbled Friday after reports emerged that French prosecutors have launched a judicial investigation into possible cheating on exhaust emission tests.
Fiat Chrysler Stock Rebounds but it May be in for Further Pain
Fiat Chrysler stock rebounded sharply on Friday despite accusations from the U.S. Environmental Protection Agency on Thursday. However, the worst could still be to come for the car maker, with accusations of outright emissions rigging and a criminal complaint potentially lurking around the corner.
Republican FCC member blasts leadership for ‘midnight’ regs without warning
The longest-serving Republican commissioner in the Federal Communications Commission criticized the Democrat-controlled agency for what he called a “regulatory spasm” in its final days after it issued a report Wednesday scolding AT&T and Verizon for their “zero rating” strategies without the approval of the majority of the agency. “It is disappointing that the FCC’s current leadership has yet again chosen to spend its last days in office the same way it spent the last few years – cutting corners on process, keeping fellow Commissioners in the dark, and pursuing partisan, political agendas that only harm investment and innovation,” wrote Commissioner Ajit Pai.
Trump’s Homeland Security pick is seen as the best man for the…
Despite the acrimony around many of President-elect Donald Trump’s cabinet selections, the confirmation hearing for one of them, Homeland Security Secretary candidate Gen. John Kelly, appears to be going smoothly.
Trump’s Transportation Pick Backs – Bold New’ Rebuilding Plan
President-elect Donald Trump’s nominee to head transportation policy delivered a strong endorsement at her confirmation hearing of his proposal to seek private investment funding for a massive infrastructure building program based on a “bold new vision.” Elaine Chao, the immigrant who rose to become a cabinet secretary in a previous Republican administration and is now being considered for secretary of transportation, said deteriorating roads and other networks are jeopardizing the economy.
Senators Split Over Tillerson and His Ties to Putin
President-Elect Trump’s pick to be Secretary of State suggested that Russia “poses a danger,” responding to concerns that he is overly cozy with the Russian President. Lawmakers on Wednesday were deeply divided over whether President-elect Trump’s pick for Secretary of State, Exxon Mobil CEO Rex Tillerson would be right for the job, with many senators raising concerns about his overly cozy ties with Russian President Vladimir Putin.