Kevin M. Warsh, at his confirmation hearing to lead the Federal Reserve, sought to dispel doubts that he would yield to President Trump’s demand for lower rates.
Category: Trump, Donald J
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Kevin Warsh, Trump’s Fed Pick, Has Tough Task Shedding ‘Sock Puppet’ Label
The New York Times – Business: -
Labor Secretary’s Departure Gives Trump an Opening to Focus on His Agenda
The New York Times – Business:President Trump accepted Labor Secretary Lori Chavez-DeRemer’s resignation ahead of an internal investigation into her conduct at the department.
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Kevin Warsh, Trump’s Fed Chair Pick, Faces Skepticism Over Claim of Independence
The New York Times – Business:Kevin Warsh’s nomination to lead the Federal Reserve could still be delayed by a Justice Department investigation into the current chair, Jerome H. Powell.
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U.S. Considers Financial Support for Oil-Rich U.A.E.
The New York Times – Business:President Trump acknowledged that the Gulf state has incurred significant damage during the war with Iran.
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Strait of Hormuz May Not Return to Normal, Whether It’s Open or Closed
The New York Times – Business:The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.
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Trump Dismisses a Merger While Seeking Suitors for Spirit Airlines
The New York Times – Business:As he rejected the idea of a merger of United Airlines and American Airlines, President Trump said someone, including possibly the federal government, should buy or help Spirit.
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Kevin Warsh, Trump’s Pick to Lead Fed, Faces Senate at Tricky Moment
The New York Times – Business:Kevin M. Warsh has enough support to become the next chair of the Federal Reserve, but a criminal investigation into the central bank stands in his way.
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Supreme Court Reviews F.C.C.’s Enforcement Power Against Communications Companies
The New York Times – Business:AT&T and Verizon were penalized millions of dollars for what the agency said was a failure to protect consumer information. The companies say they were deprived of their right to a jury trial.
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Trump Administration Takes Steps to Refund $166 Billion in Tariffs
The New York Times – Business:The government debuted a system to repay importers two months after the Supreme Court struck down tariffs at the heart of the president’s trade policy.