Fischer confirmed to be No. 2 at Fed
WASHINGTON (Reuters) – Stanley Fischer, the former head of the Bank of Israel, won approval from the U.S. Senate on Thursday to serve as vice chairman at the Federal Reserve, a role that gives him a powerful perch to help shape U.S. monetary policy.
Senate approves Powell for fresh term at the Fed
WASHINGTON (Reuters) – The Senate on Thursday confirmed Federal Reserve Governor Jerome Powell to a fresh term on the U.S. central bank’s board.
U.S. Treasury’s domestic finance chief Miller to step down
WASHINGTON (Reuters) – Mary Miller, the U.S. Treasury’s top official for domestic finance and a key player in implementing the Dodd-Frank Wall Street reforms, will step down in early September, Treasury said on Thursday.
Former U.S. President George H.W. Bush skydives for 90th birthday
BOWDOINHAM Maine (Reuters) – Former U.S. President George H.W. Bush marked his 90th birthday by skydiving out of a helicopter above Kennebunkport, Maine, on Thursday, soaring under a red, white and blue parachute with a group of U.S. Army veterans.
‘Weedman’ congressional candidate faces challenge by N.J. Democrats
NEW YORK (Reuters) – A pro-marijuana political candidate in New Jersey could see his U.S. congressional bid go up in smoke after a legal challenge by state Democrats.
U.S. House Speaker Boehner says can work with new majority leader
WASHINGTON (Reuters) – U.S. House of Representatives Speaker John Boehner said on Thursday he could work with any Republican who gets elected as House majority leader next week.
Texas Republican Abbott keeps strong lead in governor’s race: poll
AUSTIN Texas (Reuters) – The front-runner for the Texas governor’s race, Republican Greg Abbott, has kept a solid lead over Democratic challenger Wendy Davis in their bids to run the economically and politically powerful state, a poll released on Thurs…
Texas Republican Hensarling says won’t seek majority leader job
WASHINGTON (Reuters) – Republican Representative Jeb Hensarling of Texas said on Thursday he will not run for majority leader of the U.S. House of Representatives to replace Eric Cantor, who is stepping down.
U.S. political polarization increasing, poll shows
WASHINGTON (Reuters) – Americans are more divided along political lines than at any time in two decades, with about one in five defining themselves as consistently liberal or conservative, a poll showed on Thursday.
U.S. states greet new fiscal year with modest spending growth
WASHINGTON (Reuters) – Most U.S. states will start their new fiscal year next month with budgets that provide some breathing room both for spending and revenues, according to a semi-annual report released by the National Association of State Budget Off…