Tag #Trump Administration

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cnn.com

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Dec 18, 13:12

Proposals to Dismantle FDIC Spark Concerns Over Financial Stability

Proposals to dismantle the Federal Deposit Insurance Corporation (FDIC), which insures bank deposits, are emerging from President-elect Trump's allies, despite widespread opposition from experts who warn of the potential risks to financial stability and public trust.

Proposals to Dismantle FDIC Spark Concerns Over Financial Stability

Proposals to dismantle the Federal Deposit Insurance Corporation (FDIC), which insures bank deposits, are emerging from President-elect Trump's allies, despite widespread opposition from experts who warn of the potential risks to financial stability and public trust.

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What are the immediate implications of dismantling the FDIC, and how would this affect American depositors?

The FDIC, established during the Great Depression, insures bank deposits up to \$250,000 per depositor per bank. Proposals to dismantle it, transferring its functions to the Treasury, have emerged from President-elect Trump's allies, raising concerns about the safety of Americans' deposits and potentially triggering bank runs.

theglobeandmail.com

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Dec 18, 16:15

Fed Expected to Implement "Hawkish Cut," Slowing Pace of Future Rate Reductions

On Wednesday, the Federal Reserve is expected to lower its benchmark interest rate by 0.25 percentage points to a range of 4.25-4.50 percent, a move considered a "hawkish cut" due to uncertainty about the impact of President-elect Trump's policies and persistent inflation above the Fed's 2 percent t...

Fed Expected to Implement "Hawkish Cut," Slowing Pace of Future Rate Reductions

On Wednesday, the Federal Reserve is expected to lower its benchmark interest rate by 0.25 percentage points to a range of 4.25-4.50 percent, a move considered a "hawkish cut" due to uncertainty about the impact of President-elect Trump's policies and persistent inflation above the Fed's 2 percent t...

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What is the immediate impact of the Fed's expected interest rate cut on the US economy and global financial markets?

The Federal Reserve is anticipated to lower borrowing costs by a quarter-percentage point on Wednesday, bringing the benchmark policy rate to 4.25 per cent-4.50 per cent. This follows September's initiation of easing tight monetary policy to counter inflation, which began in 2021. The move is considered a "hawkish cut," suggesting a more cautious approach to future rate reductions.

abcnews.go.com

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Dec 18, 16:16

Kennedy's HHS Appointment Divides Public Opinion

President-elect Donald Trump's appointment of Robert F. Kennedy Jr. to lead the Department of Health and Human Services is overwhelmingly supported by Republicans but faces significant opposition from Democrats and a divided public response, raising concerns about future health policies, especially ...

Kennedy's HHS Appointment Divides Public Opinion

President-elect Donald Trump's appointment of Robert F. Kennedy Jr. to lead the Department of Health and Human Services is overwhelmingly supported by Republicans but faces significant opposition from Democrats and a divided public response, raising concerns about future health policies, especially ...

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Good Health and Well-being

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How do differing political viewpoints influence public perception of Kennedy's appointment and his stance on vaccines?

Kennedy's appointment reflects a broader political polarization on health issues, particularly concerning vaccine safety. While Republicans largely support Kennedy's stance on processed foods and his skepticism towards vaccines, Democrats strongly oppose his appointment due to his controversial anti-vaccine views. Public opinion is divided, with roughly equal proportions approving and disapproving of the nomination.

cbsnews.com

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Dec 18, 01:09

Connolly Elected Ranking Member of House Oversight Committee

Rep. Gerry Connolly (D-VA) won the election for ranking member of the House Oversight Committee, defeating Rep. Alexandria Ocasio-Cortez (D-NY) by 131-84 votes, showcasing a preference for seniority among Democrats despite calls for generational change within the party; Connolly will likely chair th...

Connolly Elected Ranking Member of House Oversight Committee

Rep. Gerry Connolly (D-VA) won the election for ranking member of the House Oversight Committee, defeating Rep. Alexandria Ocasio-Cortez (D-NY) by 131-84 votes, showcasing a preference for seniority among Democrats despite calls for generational change within the party; Connolly will likely chair th...

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How does Connolly's election reflect the broader generational shift within the Democratic party?

Connolly's election reflects internal tensions within the Democratic party regarding generational leadership shifts. Several senior Democrats have recently relinquished leadership positions, creating opportunities for younger members, but the vote for Connolly suggests a preference for seniority and experience. This underscores the complexities of balancing experience with the desire for renewal within a political party.

foxnews.com

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Dec 18, 22:09

Fetterman to Vote on Trump Nominees After Individual Meetings

Senator John Fetterman, D-Pa., met with President-elect Trump's nominees Elise Stefanik, Pete Hegseth, and Tulsi Gabbard, stating his votes will stem from informed opinions after conversations with each nominee; he has publicly supported Stefanik.

Fetterman to Vote on Trump Nominees After Individual Meetings

Senator John Fetterman, D-Pa., met with President-elect Trump's nominees Elise Stefanik, Pete Hegseth, and Tulsi Gabbard, stating his votes will stem from informed opinions after conversations with each nominee; he has publicly supported Stefanik.

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What immediate impact will Senator Fetterman's approach to meeting with and evaluating President-elect Trump's nominees have on the confirmation process?

Senator John Fetterman has met with several of President-elect Trump's nominees, including Elise Stefanik, Pete Hegseth, and Tulsi Gabbard, to inform his voting decisions. He stated his votes will be based on informed opinions after conversations with each nominee. Fetterman has already publicly supported Stefanik's nomination for UN Ambassador.

us.cnn.com

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Dec 17, 01:10

Democrat Moskowitz Contender to Lead FEMA Under Trump

Florida Democratic Rep. Jared Moskowitz is a top contender to lead the Federal Emergency Management Agency (FEMA) under President-elect Trump, bringing his experience as Florida's emergency management director and bipartisan approach to the role.

Democrat Moskowitz Contender to Lead FEMA Under Trump

Florida Democratic Rep. Jared Moskowitz is a top contender to lead the Federal Emergency Management Agency (FEMA) under President-elect Trump, bringing his experience as Florida's emergency management director and bipartisan approach to the role.

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What are the immediate implications of Rep. Jared Moskowitz's potential appointment as FEMA director?

Rep. Jared Moskowitz, a Florida Democrat, is a leading candidate to head FEMA under President-elect Trump. His bipartisan approach and experience leading Florida's emergency response during Hurricane Michael and the COVID-19 pandemic make him a strong contender. If appointed, he would be the highest-ranking Democrat in the Trump administration.

us.cnn.com

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Dec 18, 16:15

Trump Allies' FDIC Dismantling Proposals Spark Concern

Proposals to dismantle the FDIC, the agency insuring bank deposits, have emerged from President-elect Trump's allies, sparking concerns about the potential for bank runs and the loss of public trust in the safety of deposits, despite experts' belief that Congress is unlikely to support such a move.

Trump Allies' FDIC Dismantling Proposals Spark Concern

Proposals to dismantle the FDIC, the agency insuring bank deposits, have emerged from President-elect Trump's allies, sparking concerns about the potential for bank runs and the loss of public trust in the safety of deposits, despite experts' belief that Congress is unlikely to support such a move.

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What are the immediate consequences of abolishing the FDIC, and how would it impact public confidence in the banking system?

The FDIC, established during the Great Depression, safeguards insured bank deposits. Proposals to dismantle it have emerged, causing concern about potential bank runs and loss of public trust in the safety of deposits. Experts largely dismiss these proposals due to the FDIC's strong track record and the unlikelihood of congressional approval.

theglobeandmail.com

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Dec 18, 16:15

Powell's Final Year: Navigating Economic Uncertainty

Jerome Powell, Federal Reserve chair, faces significant challenges in his final year, including managing inflation near the 2 percent target, navigating the impact of potential policy changes under the incoming Trump administration, and completing quantitative tightening. These tasks will require sk...

Powell's Final Year: Navigating Economic Uncertainty

Jerome Powell, Federal Reserve chair, faces significant challenges in his final year, including managing inflation near the 2 percent target, navigating the impact of potential policy changes under the incoming Trump administration, and completing quantitative tightening. These tasks will require sk...

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What are the primary economic challenges facing Jerome Powell in his final year as Federal Reserve chair, and what are their potential impacts?

Jerome Powell's final year as Federal Reserve chair will involve navigating complex economic challenges, including managing inflation near the 2 percent target and guiding interest rate cuts without triggering negative consequences. His tenure has seen significant rate hikes, bringing inflation closer to the target but leaving room for further adjustments. The economic landscape is further complicated by potential policy changes under the incoming Trump administration.

forbes.com

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Dec 18, 19:12

Trump's Tariff Threat: US-Mexico Energy Trade at Risk

President Trump's potential second term plans include a 25% tariff on all Mexican and Canadian imports, including crude oil and natural gas, potentially disrupting the nearly $70 billion US-Mexico energy trade in 2023, a sharp departure from past trade practices.

Trump's Tariff Threat: US-Mexico Energy Trade at Risk

President Trump's potential second term plans include a 25% tariff on all Mexican and Canadian imports, including crude oil and natural gas, potentially disrupting the nearly $70 billion US-Mexico energy trade in 2023, a sharp departure from past trade practices.

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What are the immediate economic consequences of President Trump's proposed 25% tariff on all imports from Mexico and Canada, including potential impacts on the US-Mexico energy trade valued at nearly $70 billion in 2023?

In 2019, President Trump threatened to impose tariffs on Mexican goods unless Mexico addressed illegal immigration and drug flow, marking a shift from the previous understanding where trade was largely separate from other issues. This precedent continued into his potential second term, with threats of tariffs on both Mexican and Canadian imports, including crude oil, potentially impacting the US$70 billion energy trade between the US and Mexico in 2023.

us.cnn.com

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Dec 18, 16:15

Express CEO's \$1 Million in Perks During Bankruptcy Draws SEC Scrutiny

Express, the fashion retailer, filed for bankruptcy amid declining sales; its CEO, Tim Baxter, used almost \$1 million in company perks, including personal jet use, which the SEC investigated, resulting in a cease-and-desist order without penalties due to cooperation.

Express CEO's \$1 Million in Perks During Bankruptcy Draws SEC Scrutiny

Express, the fashion retailer, filed for bankruptcy amid declining sales; its CEO, Tim Baxter, used almost \$1 million in company perks, including personal jet use, which the SEC investigated, resulting in a cease-and-desist order without penalties due to cooperation.

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What were the specific financial irregularities committed by Express's CEO during the company's decline, and what immediate consequences resulted?

Tim Baxter, former CEO of Express, utilized nearly \$1 million in company perks, including personal use of chartered aircraft, during the retailer's slide into bankruptcy. This occurred while Express's sales declined and it faced challenges from competitors like Zara. The SEC investigated but settled without penalty due to Express's cooperation.

theguardian.com

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Dec 17, 19:11

Trump's Civil Rights Division Nominee Threatens Ongoing Investigations

President-elect Trump intends to replace the head of the Justice Department's Civil Rights Division, Kristen Clarke, with Harmeet Dhillon, a move that threatens to halt numerous ongoing investigations into police misconduct, discrimination, and other civil rights violations.

Trump's Civil Rights Division Nominee Threatens Ongoing Investigations

President-elect Trump intends to replace the head of the Justice Department's Civil Rights Division, Kristen Clarke, with Harmeet Dhillon, a move that threatens to halt numerous ongoing investigations into police misconduct, discrimination, and other civil rights violations.

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How might Project 2025's proposed changes to the Civil Rights Division's mission impact its future enforcement actions?

This personnel change reflects a broader ideological shift within the Justice Department. The Trump administration, aligned with Project 2025's proposals, seeks to redefine the division's mission, potentially curtailing investigations into systemic discrimination and prioritizing enforcement against affirmative action initiatives. This is evidenced by Trump's past statements favoring police and his administration's proposed changes to the division's focus.

dw.com

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Dec 17, 01:10

Poland to Pressure Russia in Ukraine Peace Talks, Strengthen Sanctions

Polish Foreign Minister Radosław Sikorski, on December 16th in Brussels, advocated pressuring Russia, not Ukraine, into peace talks, promising increased EU sanctions against Russia, especially its "shadow fleet," during Poland's upcoming EU presidency, starting January 1st, and scheduling key meetin...

Poland to Pressure Russia in Ukraine Peace Talks, Strengthen Sanctions

Polish Foreign Minister Radosław Sikorski, on December 16th in Brussels, advocated pressuring Russia, not Ukraine, into peace talks, promising increased EU sanctions against Russia, especially its "shadow fleet," during Poland's upcoming EU presidency, starting January 1st, and scheduling key meetin...

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What immediate actions is Poland taking to counter potential US pressure on Ukraine to make concessions in peace negotiations with Russia?

Polish Foreign Minister Radosław Sikorski believes that Russia, not Ukraine, should be pressured into peace negotiations with Kyiv. He stated this in Brussels on December 16th. Sikorski also promised strengthened sanctions against Russia during Poland's EU presidency, focusing on its "shadow fleet" of tankers.

Showing 2,557 to 2,568 of 2,736 results