5 h. ago Trump’s nominee to join Fed says president ‘entitled’ to take policy views

Stephen Miran tells Senate banking committee that he views central bank independence as ‘paramount’

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10 h. ago Trump’s Fed nominee Miran to be grilled by Senate banking committee

President’s pick to join board of governors has vowed to ‘preserve [the] independence” of the central bank’ if elected

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23 h. ago Eric Adams not dropping out of NYC mayoral race after reports Trump officials may offer him place in administration

There has been speculation Trump may intervene in the mayor’s race to thwart Democratic nominee Zohran Mamdani

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26 h. ago Odds on Eric Adams dropping out of NYC mayoral race spike as Trump advisers reportedly mull offering him place in administration

There has been speculation Trump may intervene in the mayor’s race to thwart Democratic nominee Zohran Mamdani

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28 h. ago Trump’s Fed nominee to pledge ‘independence’ as he seeks Senate confirmation

Stephen Miran will promise to resist outside influences when he appears before lawmakers on Thursday

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5 d. ago ‘Racist as hell’: Trump’s cabinet is almost all white, and he keeps firing Black officials

President’s targeting of Fed governor Lisa Cook highlights his efforts to remove diverse voices from governmentA day after Donald Trump announced that he was firing Lisa Cook, the first Black woman to serve on the board of governors of the Federal Reserve, the White House proudly released a photo. It showed Trump, his cabinet and other officials giving a thumbs-up. Of the 24 people in the Oval Office, only one was Black.For those who have studied the US president’s long and troubling history of racism, the two events were more than mere coincidence. They were indicative of a man who has recently brought white nationalist perspectives from the margins back to the mainstream. Continue reading...

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1 week ago Why Trump built a staff of incompetent sycophants | Robert Reich

Leaders who value loyalty above all else have a symbiotic relationship with those unable to succeed on their own meritsLast week, Trump officials reportedly left behind documents describing confidential planning for the Trump-Putin meeting in a public area of an Alaskan hotel.That’s nothing compared with the actions of Emil Bove, Trump’s new nominee for the US court of appeals for the third circuit, who reputedly told subordinates at the Department of Justice that they should “consider telling the courts ‘fuck you’” and ignoring any court order blocking a planned deportation flight.Totalitarianism in power invariably replaces all first-rate talents, regardless of their sympathies, with those crackpots and fools whose lack of intelligence and creativity is still the best guarantee of their loyalty.all the hundreds of ‘respectable’ guys who made careers out of boasting about their uncompromising integrity but have absolutely no loyalty . What I liked most about Roy Cohn was that he wo...

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1 week ago Trump gives meandering answer about the Fed after Powell hints at rate cut the president has long wanted

The Federal Reserve chairman’s remarks come as Trump has long demanded an interest rate cuts

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2 w. ago Fed governor urged by Trump to resign will not be ‘bullied’ into stepping down

Lisa Cook, first Black woman to sit on Fed board, responds after allegation by ally of president of mortgage fraudUS politics live – latest updatesDonald Trump has called on a Federal Reserve governor to immediately resign, renewing his extraordinary attack on the central bank’s independence as officials mull next steps on interest rates.A close Trump ally accused Lisa Cook, an appointee of Joe Biden, of “potentially committing mortgage fraud” and urged the US Department of Justice to investigate. Continue reading...

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2 w. ago Account tied to Trump nominee posted conspiracy theories about Epstein, the 2020 election and Covid, report says

Erwin Antoni, the president’s pick to take over the Bureau of Labor Statistics, serves as the chief economist for The Heritage Foundation and contributed to Project 2025

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3 w. ago Trump’s nominee for Bureau of Labor Statistics was Jan 6 ‘bystander’ outside Capitol, says White House

E.J. Antoni, tapped by President Trump to serve as the nation’s top economic data official, appears in Capitol Police surveillance footage from January 6, 2021

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3 w. ago Iconic 'wings' dropped from US Space Force uniform in major 'culture shift'

The US Space Force is changing its uniform policy and new rules will dictate who is entitled to wear the famous and distinctive Space Operations Badge, which has been ditched by some top officials

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last month 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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