Jan 12 With action against Powell and the Fed, Trump's list of targeted opponents grows longer By Bill Barrow, Associated Press President Donald Trump’s administration has gone after multiple elected and appointed government officials who have either directly opposed the Republican president or not granted his wishes. Continue reading
Jan 12 WATCH: Powell vows to stand firm against 'unprecedented' Trump administration indictment threats By Christopher Rugaber, Associated Press “This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions — or whether instead monetary policy will be directed by political pressure or intimidation.”… Continue reading
Jan 12 Why the Federal Reserve's independence from the White House matters By Chris Rugaber, Associated Press The Justice Department is threatening the Federal Reserve with a criminal indictment over the testimony of Fed Chair Jerome Powell this summer regarding its building renovations. Continue reading
Jan 12 DOJ investigation of Powell sparks backlash, support for Fed independence By Chris Rugaber, Josh Boak, Associated Press The Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell, which Powell said was an attempt to exert more control over the Fed. Continue reading
Jan 12 Trump 'inclined' to keep ExxonMobil out of Venezuela after CEO's skeptical response at White House meeting By Seung Min Kim, Julia Nikhinson, Associated Press Darren Woods, CEO of ExxonMobil, the largest U.S. oil company, called the country "uninvestable."… Continue reading
Jan 11 After Maduro's ouster, Trump warns Cuba to 'make a deal' before it's too late By Seung Min Kim, Associated Press President Donald Trump on Sunday fired off another warning to the government of Cuba as the close ally of Venezuela braces for potential widespread unrest after Nicolás Maduro was deposed as Venezuela's leader. Continue reading
Jan 10 Banks balk as Trump pushes for 1-year, 10% cap on credit card interest rates By Ken Sweet, Seung Min Kim, Associated Press Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner. Continue reading
Jan 10 Greenland's party leaders firmly reject Trump's push for U.S. takeover of island By Associated Press “We don’t want to be Americans, we don’t want to be Danes, we want to be Greenlanders,” Greenland Prime Minister Jens-Frederik Nielsen and four party leaders said in a statement Friday night. Continue reading
Jan 09 Watch 5:13 New video of Minneapolis ICE shooting emerges as tensions rise across the nation By Fred de Sam Lazaro, Sam Lane, Mike Fritz, Simeon Lancaster Tensions continue to rise over President Trump's immigration crackdown. On Thursday, federal agents shot and wounded two people in Portland. It came after the fatal shooting of a woman in Minneapolis stoked outrage and anger. As special correspondent Fred de… Continue watching
Jan 09 Watch 5:38 What oil companies need before tapping Venezuela's vast reserves By Amna Nawaz, Jackson Hudgins President Trump hosted a group of oil executives at the White House and outlined his plan for American companies to exploit Venezuelan resources. Venezuela sits on more oil than any nation on the planet, but produces just 1% of the… Continue watching