The president wants to pack the central bank’s Board of Governors with loyalists, which would grant him greater sway over an institution that is supposed to be independent from the White House.
Category: Regulation and Deregulation of Industry
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Appeals Court Rules Against Many Trump Tariffs
The decision is a big blow to President Trump’s trade policies, but the judges left the duties in place for now to allow time for a likely appeal to the Supreme Court.
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Trump Asserts Expansive Power to Fire Fed Governor Lisa Cook
Lawyers for the administration told a court it should be “highly deferential” to the president when it comes to firing a Federal Reserve governor “for cause.”
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When Mailing a Letter to the U.S. Becomes a Global Headache
A driver’s license renewal, a box of specialty candy, even early Christmas presents — all are caught up in the confusion caused by a new Trump administration customs rule.
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Medicare Will Require Prior Approval for Certain Procedures
A pilot program in six states will use a tactic employed by private insurers that has been heavily criticized for delaying and denying medical care.
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F.D.A. Approves Covid Shots With New Restrictions
The agency’s fall recommendations underscore the goals of Health Secretary Robert F. Kennedy Jr. to limit access to the vaccines, which he has long opposed.
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Mortgage Fraud Claims Give Trump Weapon Against Lisa Cook and Others
The director of Federal Housing Finance Agency could win the president an opening on the Federal Reserve board.
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Trump’s Attempt to Fire the Fed’s Lisa Cook Risks Global Economic Stability
President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead to higher inflation and government borrowing costs.
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Trump Risks Global Economic Stability as He Tries to Control the Fed
President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead to higher inflation and government borrowing costs.
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Fed Officials Try to Keep Focus on Economy as Trump Intensifies Attacks
The administration’s effort to oust a Fed governor as part of a pressure campaign for lower borrowing costs created an inescapable distraction at this year’s Jackson Hole conference.
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Covid Vaccine Opponent Tapped to Lead Federal Review Team
Panel members have been given a broad mandate, despite pleas from C.D.C. employees asking Robert F. Kennedy Jr. to stop spreading misinformation.
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Walmart Recalls Frozen Shrimp After Radioactive Contamination Warning
The Food and Drug Administration urged consumers to discard packages of frozen shrimp sold in 13 states. A food safety expert said the risk to the public was low.