Federal Reserve and Republican critics may compromise on oversight after Trump win
NEW YORK (Reuters) – Republican lawmakers and the Federal Reserve may be ready to strike a compromise deal on legislation that would give Congress greater scrutiny over the central bank, now that there is no longer the threat of a presidential veto, bu…
Fed turns to Trump agenda with rate hike nearly in the bag
WASHINGTON (Reuters) – The Federal Reserve inaugurates the Trump era this week with a near-certain interest rate increase and new economic forecasts providing a first glimpse into whether the U.S. election has reshaped the central bank’s growth and inf…
Trump packs trade team with veterans of steel wars with China
WASHINGTON (Reuters) – President-elect Donald Trump is stacking his trade transition team with veterans of the U.S. steel industry’s battles with China, signaling a potentially more aggressive approach to U.S. complaints of unfair Chinese subsidies for…
Trump says reports Russia helped him in U.S. election are ‘ridiculous’
WASHINGTON (Reuters) – President-elect Donald Trump rejected as “ridiculous” U.S. intelligence reports that Russia intervened in the presidential election on his behalf through targeted hacking, putting him at odds with top lawmakers who vowed to inves…
Top tech executives to attend Trump summit on Wednesday: Recode
NEW YORK (Reuters) – Top executives from Alphabet Inc, Apple Inc and Facebook Inc are among a small group of tech leaders invited to a summit to be held on Wednesday by U.S. President-elect Donald Trump, Recode reported, citing sources.
Rick Perry a leading candidate for U.S. energy post: source
NEW YORK (Reuters) – Rick Perry, who proposed eliminating the U.S. Energy Department during his unsuccessful bid for the 2012 Republican presidential nomination, has emerged as a leading candidate to head the agency under President-elect Donald Trump, …
Conflict over Russia is rocky start for Trump and intelligence agencies
WASHINGTON (Reuters) – President-elect Donald Trump’s rejection this weekend of U.S. intelligence analysts’ conclusion that Russia intervened in the 2016 election to help him win the White House is the latest in a string of conflicts between Trump and …
Republican wins Senate runoff in Louisiana, giving party 52 seats
BATON ROUGE, La. (Reuters) – Republican John Neely Kennedy, a candidate for the U.S. Senate, won a runoff election in Louisiana on Saturday against Democrat Foster Campbell in a race that gives the Republicans a 52-seat majority in the chamber.
Trump likely to name Exxon CEO secretary of state – source
BALTIMORE (Reuters) – U.S. President-elect Donald Trump is expected to name the chief executive of Exxon Mobil Corp as the country’s top diplomat, a source familiar with the situation said on Saturday, an appointment that would put in place an official…
Russia intervened to help Trump win election: intelligence officials
WASHINGTON (Reuters) – U.S. intelligence analysts have concluded that Russia intervened in the 2016 election to help President-elect Donald Trump win the White House, and not just to undermine confidence in the U.S. electoral system, a senior U.S. offi…
