A second Trump administration could shake up personnel and financial regulation at America’s central bank, people close to his campaign said.
Category: United States Politics and Government
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Fraud Trial to Begin for Chinese Billionaire Who Allied Himself With America’s Right
Charged with defrauding thousands of investors in the U.S. and overseas of more than $1 billion, Guo Wengui could face decades in prison.
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Businesses in D.C. Blame the Government for the District’s Empty Offices
Workers in Washington have returned to the office slowly, with a pervasive and pronounced effect on the local economy.
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Rent Is Harder to Handle and Inflation Is a Burden, a Fed Financial Survey Finds
The Federal Reserve’s 2023 survey on household financial well-being found Americans excelling in the job market but struggling with prices.
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U.S. Seeks to Join Forces With Europe to Combat Excess Chinese Goods
Treasury Secretary Janet L. Yellen warned that China’s industrial strategy posed a global threat the requires a united response.
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Bank Regulator Overseeing ‘Toxic’ Culture Loses Key Supporter in Senate
Senator Sherrod Brown, who chairs the Senate Banking Committee, called for President Biden to replace Martin Gruenberg as leader of the F.D.I.C.
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Senate Inquiry Finds BMW Imported Cars Tied to Forced Labor in China
The report also found that Jaguar Land Rover and Volkswagen bought parts from a supplier the U.S. government had singled out for its practices in Xinjiang.
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U.S. and Europe Move Closer to Using Russian Assets to Help Ukraine
Finance ministers from the G7 nations are hoping to finalize a plan ahead of the group’s leaders meeting next month.
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How Companies Dodge Tariffs
Protectionist trade policies are popular on both the left and right. But some economists say they’re likely to backfire.
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Marjorie Taylor Greene and Jasmine Crockett’s Appearance-Based Insults Reflect an Ugly New Norm in Politics
A recent congressional meeting devolved into a back-and-forth that reflects a changing norm in politics — one that rarely makes anybody look good.