5 d. ago Donald Trump to nominate Stephen Miran to Federal Reserve board

White House economist set to fill seat vacated by Adriana Kugler on temporary basis

Politics

5 d. ago Donald Trump to be nominated for a Nobel Peace Prize by prime minister of Cambodia

Cambodian prime minister Hun Manet made the announcement on Facebook

Politics

7 d. ago Trump says treasury chief Scott Bessent no longer being considered for Fed chair

Trump may soon name pick for open Fed board seat and Fed chair nominee, but Bessent wants to stay in current roleDonald Trump said he would “shortly” announce his pick for an open seat on the Federal Reserve’s board of governors and possibly his nominee for Fed chair as well, but that he had removed the treasury secretary, Scott Bessent, from consideration since Bessent wants to remain in his current job.In a CNBC interview, Trump called it a “pleasant surprise” that the Fed governor Adriana Kugler had decided to leave her seat now instead of when her term ends in January, a move that appears to have accelerated Trump’s decision on who to appoint to an open seat on the Fed board with possible plans to promote that person to the top policymaking role when the term of the Fed chair, Jerome Powell, ends in May. Continue reading...

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9 d. ago Irate Trump tells Schumer to ‘go to hell’ after Senate standoff over confirmations

Republicans say they may try to change Senate rules when they return from August recess to speed up confirmationsThe US Senate left Washington DC on Saturday night for its monthlong August recess without a deal to advance dozens of Donald Trump’s nominees, calling it quits after days of contentious bipartisan negotiations and the president taking to social media to tell Senate Democratic leader Chuck Schumer to “GO TO HELL!”Without a deal in hand, Republicans say they may try to change Senate rules when they return in September to speed up the pace of confirmations. Trump has been pressuring senators to move quickly as Democrats blocked more nominees than usual this year, denying any fast unanimous consent votes and forcing roll calls on each one, a lengthy process that can take several days per nominee. Continue reading...

Politics

4 w. ago As Waltz faces UN post hearings, an update on the Signal situation that led to his initial ousting

Mike Waltz, President Donald Trump’s nominee for U.S. ambassador to the United Nations, appeared before the Senate Foreign Relations Committee on Tuesday for his confirmation hearing

Politics

4 w. ago Malaysians urge government to reject ‘Zionist’ Nick Adams as US envoy

Political parties say Donald Trump’s ambassador nominee ‘openly spreads hatred towards Islam’

Politics