Stephen Miran, a close adviser to the president who is likely to become a governor at the central bank, has pushed for a weak dollar and lower interest rates.
Category: Trump, Donald J
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Intel’s CEO Defends Himself After Trump Calls For Resignation
Lip-Bu Tan, Intel’s top executive, said he was committed to the company after Mr. Trump called for him to step down over reported Chinese investments.
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Truck Companies Sour on California’s Strict Clean Air Rules
A deal designed to force compliance with tougher emissions standards is as risk after the Trump administration intervened.
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E.P.A. to Stop Updating Popular Database After Lead Scientist Criticized Trump
The database, which helps companies calculate their greenhouse gas emissions, will continue under a consortium that includes Stanford University.
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Japan Says Trump to Correct ‘Extremely Regrettable’ Error in Tariff Order
Tensions have been mounting between the United States and Japan as both sides appear to have starkly different interpretations of a trade deal finalized last month.
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Trump 401(k) Order Opens Door for Crypto, Private Equity and Real Estate
The executive order is intended to give investors more options, but experts say employers will tread carefully before adding alternative assets.
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Trump Taps Stephen Miran as New Federal Reserve Governor
If confirmed, Stephen Miran, the current chair of the Council of Economic Advisers, would temporarily fill a position left vacant by Adriana Kugler, who is stepping down early.
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Trump Signs Executive Order Clamping Down on ‘Debanking’
Mostly right-leaning groups have complained of forced bank account closures. The evidence is spotty.
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Swiss Businesses Fear Being ‘Annihilated’ by One of the World’s Highest Tariffs
Goods shipped from the country face a 39% tariff in the U.S., which companies warn will have dire consequences if President Trump cannot be quickly dissuaded.
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Trump’s Tariffs Could Raise Prices on Many Consumer Goods
The tariffs are driving up prices on everyday goods as businesses warn they can no longer absorb costs, leaving consumers to foot the bill.
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Effect of U.S. Tariffs on British Companies ‘Milder Than Feared,’ Central Bank Says
Britain’s economy is driven by domestic factors more than global ones right now, the governor of the Bank of England said on Thursday, when the central bank cut interest rates.