Powell rose to top of Trump’s list as safe, savvy choice for Fed
WASHINGTON/NEW YORK (Reuters) – Jerome Powell was not on President Donald Trump’s early radar as a possible successor to Federal Reserve Chair Janet Yellen, and was angling instead for a job as the U.S. central bank’s vice chair for supervision.
Republicans unveil tax cut bill, but the hard work awaits
WASHINGTON (Reuters) – U.S. House of Representatives Republicans unveiled long-delayed legislation on Thursday to deliver deep tax cuts that President Donald Trump has promised, setting off a frantic race in Congress to give him his first major legisla…
Trump nominates Fed’s Powell to lead U.S. central bank
WASHINGTON (Reuters) – President Donald Trump on Thursday tapped Fed Governor Jerome Powell to become head of the U.S. central bank, promoting a soft-spoken centrist to replace Janet Yellen when her term expires in February 2018.
Democrats sue to get documents on Trump’s Washington hotel
WASHINGTON (Reuters) – U.S. congressional Democrats filed suit on Thursday seeking the release of government documents related to Republican President Donald Trump’s ownership of a Washington hotel that critics say represents a conflict of interest.
Trump will tell Asia that world ‘running out of time’ on North Korea: White House
WASHINGTON (Reuters) – President Donald Trump will tell leaders on a five-nation Asia tour that the world is “running out of time” on stopping North Korea’s nuclear crisis and that the United States is prepared to defend itself if needed, a top Trump a…
With ‘America First,’ Trump mutes U.S. voice on human rights in Asia
WASHINGTON/PHNOM PENH (Reuters) – Just days after the killing of a prominent Cambodian government critic last year during a crackdown by the country’s longtime leader, President Barack Obama dispatched Washington’s chief human rights envoy to Phnom Penh to attend the activist’s funeral.
U.S. Republicans unveil tax cut bill, but the hard work awaits
WASHINGTON (Reuters) – U.S. House of Representatives Republicans unveiled long-delayed legislation on Thursday to deliver deep tax cuts that President Donald Trump has promised, setting off a frantic race in Congress to give him his first major legisla…
Manafort associate Gates hires new defense team in Russia probe case
WASHINGTON (Reuters) – A longtime associate of former Trump campaign manager Paul Manafort has hired a new team of lawyers to defend himself against charges brought in a probe looking at alleged Russian interference in the U.S. election, a spokesman sa…
Trump calls for death penalty for New York truck attack suspect
NEW YORK (Reuters) – U.S. President Donald Trump on Thursday reiterated his call that the Uzbek immigrant accused of killing eight people by speeding a rental truck down a New York City bike path should get the death penalty.
Trump advisor, linked to Russia probe, withdraws candidacy for post
WASHINGTON (Reuters) – Sam Clovis, a top adviser to President Donald Trump during his election campaign, on Thursday withdrew his candidacy for a senior administration post, just days after he was linked to another aide who pleaded guilty in the probe …