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Stephen Sondheim, a Broadway giant who has the most Tony Awards as a composer, died early Friday at his home in Roxbury, Connecticut, a spokesperson for Sondheim said. Sondheim was considered American theater's greatest composer and lyricist of the last half century or more. Graham Morris / Evening Standard via Getty Images fileOther notable musical works by Sondheim include "Follies," "Pacific Overtures," and "Into the Woods." Stephen Sondheim and Leonard Bernstein attend "A Musical Tribute to Stephen Sondheim" at Shubert Theater in New York on March 11, 1973. President Barack Obama presents the Presidential Medal of Freedom to composer Stephen Sondheim in the East Room of the White House on Nov. 24, 2015.
Persons: Stephen Sondheim, Tony, Sondheim, Sweeney Todd, Barber, Elizabeth Taylor, Graham Morris, Dick Tracy, Leonard Bernstein, Ron Galella, Hutchinson, Milton Babbitt, Barack Obama, Evan Vucci Organizations: Broadway, Getty, Shubert, George School, Williams College, White Locations: Roxbury , Connecticut, American, England, Hollywood, New York, Pennsylvania, Massachusetts
The Stephen Sondheim Theater in Manhattan's Theater District is named for him. Stephen Sondheim onstage during an event at the Fairchild Theater, East Lansing, Michigan, February 12, 1997. "For many theater lovers, there are musicals, then there are Sondheim musicals," wrote Garry Nunn in the Guardian . A 2010 review for his 80th birthday, "Sondheim on Sondheim," earned rapturous reviews and a reconsideration of his long career. TributesSome of the many people who've performed Sondheim's work or been moved by it flooded social media with tributes following news of his death.
Persons: Stephen Sondheim, Sweeney Todd, George, Aaron Meier, Sondheim, Richard Pappas, Pappas, Juliet, Tony, Bernadette Peters, Garry Nunn, glib, I'm, NPR's, I'd, Stephen Joshua Sondheim, Oscar Hammerstein, Rodgers, Hammerstein, Leonard Bernstein, Gypsy Rose Lee, Rose, Jule Styne, Hal Prince, Barack Obama, Georges Seurat, Tim Burton, Johnny Depp, Meryl Streep, James Corden, Steven Spielberg, Oscar, Dick Tracy, didn't, Clement Wood, Lin, Manuel Miranda, Audra McDonald, Patti LuPone, It's, Terry Gross, who've, Barbra Streisand, Josh Gad, Barber Organizations: CNN, New York Times, Kennedy Center, Manhattan's, ABC News, Fairchild Theater, Guardian, Paris, Mermaid Theatre, Williams College, Hammerstein, ", White, Broadway, PBS, Showtime, Yorker, , Company Locations: DKC, East Lansing , Michigan, New York, Bucks County , Pennsylvania, Philadelphia, London, England, Massachusetts, Los Angeles, Japan, U.S, Washington , DC
Chancellor: U.S. bull market can’t go on forever
  + stars: | 2021-11-24 | by ( Edward Chancellor | )   time to read: +7 min
Ineichen’s brilliant new book, “Applied Wisdom: 700 Witticisms to Save Your Ass(ets)”, offers everything you need to know about investment. Register now for FREE unlimited access to RegisterThe bull market in government bonds has been running for four decades. Falling Treasury yields have propelled the American stock market to ever-higher valuations. This involves tracking real-time indicators – derived from market trends, corporate earnings forecasts and various economic measures – to gauge whether the current market trend is intact or set to reverse. Ineichen’s firm, IR&M, provides weekly updates of market and economic data.
Persons: Alexander Ineichen, , Barack Obama, George Soros, ” Thomas Watson, Paul Krugman, Herbert Stein, , Charles Richter, Ineichen, Forrest Gump ”, Nassim Nicholas Taleb, Peter Drucker, Steve Turner, John Maynard Keynes, It’s, Martin Zweig’s, “ Don’t, lockdowns, nowcasting, Isaac Newton, Felix Somary, Keynes, David Attenborough, Rob Cox, Oliver Taslic Organizations: Reuters, Radio Corporation of America, IBM, RCA, Stein’s Law, Ineichen, National Association of Home Builders, New York Stock Exchange, Federal, Zurich ”, Twitter Locations: Swiss, Philadelphia, U.S, Austrian, Zurich, British
Jon Batiste and other chart-toppers, including Justin Bieber, Doja Cat and H.E.R., dominated Grammy nominations for the 64th annual ceremony. Batiste, who won an Oscar in April for "Soul," nabbed a total of 11 Grammy nominations, which were announced on Tuesday. Bieber, Doja Cat and H.E.R. Billie Eilish, who won all four categories in 2020, Lil Nas X, Doja Cat and Bieber were nominated for album of the year, record of the year and song of the year. H.E.R, Batiste, Lady Gaga and Tony Bennett and Taylor Swift also grabbed a nomination for their respective albums.
Persons: Jon Batiste, Justin Bieber, Doja, Batiste, Bieber, H.E.R, Olivia Rodrigo, Finneas, Billie Eilish, Lil Nas, Bruno Mars, Anderson, Paak, Lady Gaga, Tony Bennett, Taylor Swift, Laroi, Selena Gomez, Barack Obama, Agatha All, Jay, Z Organizations: Animals, Disney, Recording Academy Locations: Los Angeles
The Biden administration is releasing oil from the nation's Strategic Petroleum Reserve in an effort to address rising gas prices ahead of the holiday season, the White House said in a statement Tuesday. Gas prices in the U.S. ahead of Thanksgiving are averaging $3.42 a gallon, the highest since 2014. The White House has attempted to address gas prices as concerns about inflation have increasingly become a criticism of Biden's presidency. Biden also asked the Federal Trade Commission last week to investigate what he described as "anti-consumer" behavior by oil and gas companies and whether it could have led to increased gas prices. Bush in 1991 released 17 million barrels in response to the Gulf War.
Persons: Biden, Biden's, Barack Obama, George W, Bush, Hurricane, George H.W, George H.W . Bush Organizations: nation's Strategic Petroleum Reserve, Department of Energy, AAA, Organization of, Petroleum, Federal Trade Commission, Strategic Petroleum Reserve, U.S Locations: India, Japan, South Korea, U.S, California, Saudi Arabia, Russia, Texas, Louisiana, George H.W .
As president, Donald J. Trump was a media maximalist whose unavoidable-for-comment style helped generate saturation news coverage, for better or worse. President Biden has taken a stingier approach to his dealings with the press — and not all his allies believe it’s working out. After nine months in office, Mr. Biden has conducted roughly a dozen one-on-one interviews with major print and television news outlets. That compares with more than 50 for Mr. Trump, and more than 100 for Barack Obama, in the same period, according to West Wing record keepers. He has not sat for interviews with The Associated Press, The New York Times, Reuters, The Washington Post, The Wall Street Journal or USA Today.
Persons: Donald J, Trump, Biden, it’s, Barack Obama, Stephen Colbert ” Organizations: Mr, West Wing, White House, Associated Press, The New York Times, Reuters, The Washington Post, Street
NELLIE LIANG, TREASURY UNDER-SECRETARYCurrently Treasury under secretary for domestic finance and a former Fed official, Liang was instrumental in building the post-crisis regulatory framework. Raskin declined to comment. RAPHAEL BOSTIC, ATLANTA FED PRESIDENTWith his appointment as President of the Atlanta Fed in 2017, Bostic became the first Black person to hold a regional Fed president role. A spokesperson for Bostic declined to comment. A spokeswoman for Hsu declined to comment, and Baradaran did not immediately respond to a request for comment.
Persons: Joe Biden, Jerome Powell, Randal Quarles, Biden, Lael Brainard, Quarles, NELLIE LIANG, Liang, Donald Trump, ", Seiberg, SARAH BLOOM RASKIN, Raskin, Volcker, Barack Obama, RAPHAEL BOSTIC, Bostic, Brian Gardner, MICHAEL HSU, MEHRSA BARADARAN, Hsu, Saule Omarova, Baradaran, Michelle Price, Alison Williams Organizations: Federal, Fed, Washington,, Progressives, TREASURY UNDER, Brookings Institution, Cowen Washington Research Group, Treasury, Duke Law, Global Financial Markets Center, Atlanta Fed, Department of Housing, Urban, Stifel Financial Corp, Bloomberg Television, Democratic, Thomson Locations: Washington, Maryland, ATLANTA
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, U.S., December 1, 2020. Instead, she will step up to become Fed Vice Chair, the White House said. read moreA Fed spokesman for Brainard did not provide comment. Whoever gets the supervision role faces a packed agenda, which will also include reviewing new capital rules and how banks are able to handle cryptocurrencies. read more“It’s problematic,” said Todd Phillips, director of financial regulation at the Center for American Progress, a liberal think tank.
Persons: Jerome Powell, Susan Walsh, Biden’s, Randal Quarles, Biden, Lael Brainard, Barack Obama's, Quarles, Brainard, Powell, Elizabeth Warren, , Todd Phillips, “ It's, ” Brainard, Powell's, Sarah Bloom Raskin, Raphael Bostic, Michael Hsu, Nellie Liang, Mehrsa Baradaran, Raymond James, Ed Mills, Michelle Price, Nick Zieminski, David Gregorio Our Organizations: Capitol, WASHINGTON, U.S . Federal, Democratic, Financial Reform, Fed, Register Washington, Treasury, Republican, Center for American Progress, Senate, Reuters, White, Atlanta Fed, U.S, , Thomson Locations: Washington , U.S, Washington
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS/File PhotoWASHINGTON, Nov 22 (Reuters) - While Wall Street banks cheered the renomination of U.S. Federal Reserve Jerome Powell on Monday, Democratic progressives were left frustrated at the White House's failure to announce a tough new regulatory chief who they hope will crack down on banks. Biden said the supervision post and other Fed picks would be announced in early December. Instead, she will step up to become Fed Vice Chair, the White House said on Monday. read more“It’s problematic,” said Todd Phillips, director of financial regulation at the Center for American Progress, a liberal think tank.
Persons: Jerome Powell, Susan Walsh, Randal Quarles, Biden, Lael Brainard, Barack Obama's, Quarles, , Todd Phillips, , Biden isn’t, ” Brainard, Volcker, Brainard, Sarah Bloom Raskin, Raphael Bostic, Michael Hsu, Nellie Liang, Mehrsa, Powell, Jeremy Kress, Michelle Price, Nick Zieminski Organizations: Capitol, WASHINGTON, U.S . Federal, Democratic, Fed, Treasury, Washington, Center for American Progress, Senate, Reuters, Atlanta Fed, U.S, P, University of Michigan, Thomson Locations: Washington , U.S
Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard University in Cambridge, Massachusetts, U.S., March 1, 2017. Brainard, 59, is now going to expand that influence with her appointment as vice chair, the No. Register now for FREE unlimited access to RegisterIf she is confirmed and serves at least the full four-year term, she'd have the longest unbroken stint on the Fed board since Alan Greenspan's nearly 18.5 years as Fed chair. Appointed to the Fed in 2014, she brought not only a Harvard economics PhD to the job but a deep set of global contacts as well. In recent years, with Republican-appointee Randal Quarles as vice chair for financial regulation, she dissented 23 times on regulatory and supervisory issues she felt would make the financial system less safe or less resilient to outside shocks.
Persons: Lael Brainard, John F, Brian Snyder, Bill Clinton, Barack Obama's, Joe Biden, reappointing Jerome Powell, Alan Greenspan's, Brainard, Janet Yellen, Randal Quarles, Obama, Donald Trump, Biden, Howard Schneider, Lindsay Dunsmuir, Andrea Ricci Organizations: Kennedy School of Government, Harvard University in, REUTERS, WASHINGTON, Federal Reserve, Brookings Institution, Republican, Fed, Thomson Locations: Harvard University in Cambridge , Massachusetts, U.S, Brainard, Harvard, United States
President Joe Biden on Monday renominated Jerome Powell as Federal Reserve chairman, ending months of speculation over who would run the central bank for the next four years, the White House announced in a statement. "Chair Powell has provided steady leadership during an unprecedently challenging period, including the biggest economic downturn in modern history and attacks on the independence of the Federal Reserve," the statement read. Economists and policymakers had been speculating for months as to whether Biden would take the unusual step of choosing not to reappoint Powell to a second term (although Powell also succeeded a single-term Fed chair). The steady leadership of Chair Powell and the Federal Reserve helped ensure that America’s economy was able to recover from a once-in-a-generation health and economic crisis." In a statement, Powell said that what he characterized as “tough new rules” would restore public trust in the central bank’s actions.
Persons: Joe Biden, Jerome Powell, Powell, Lael Brainard, Biden, Powelll, reappoint Powell, Alexandria Ocasio, , Elizabeth Warren, ” Warren, Randal Quarles, progressiveswas Brainard, Janet Yellen, Yellen, Barack Obama, Donald Trump, ” Powell, Robert Kaplan, Eric Rosengren, Stephen Moore, Judy Shelton, Brainard Organizations: Federal, White House, Federal Reserve, Republican, Senate, Rep, Committee, Fed, Governors, CBS, Democratic, Dallas, Trump Locations: Powell, Alexandria, Cortez, Boston
2017 -- POWELL BECOMES FED CHAIRPresident Donald Trump jettisons bipartisan tradition and decides not to renominate Janet Yellen, a Democrat, as chair. 2018 -- TRUMP INSULTS BEGIN... AND NEVER ENDIn his first year as chair, Powell's Fed raises interest rates four times amid a strong economy and low unemployment. As Powell reiterates the Fed's independence, Trump publicly calls those at the Fed "boneheads," and "pathetic" and threatens to fire Powell. The Fed cuts interest rates three times in 2019 to forestall a slowdown fueled largely by the U.S.-China trade war. In December 2020, Powell's Fed sets a bar of "substantial further progress" toward its full employment and 2% average inflation goals before reducing its bond-buying program, a goal it met by early November this year.
Persons: Jerome Powell, Andrew Kelly, Joe Biden, Powell, Barack Obama, Jeremy Stein, Ben Bernanke's, POWELL, Donald Trump, Janet Yellen, Steven Mnuchin, he's, ” Trump, TRUMP, Trump, Xi Jinping, Jay Powell, Xi, Lindsay Dunsmuir, Andrea Ricci, Nick Zieminski Organizations: New York Stock Exchange, REUTERS, . Federal, PART OF, Republican, Wall, Fed's, Governors, Fed, Board, Democrats, U.S, White, Trump, U.S ., AS COVID, Powell's, Thomson Locations: New, New York City , New York, U.S, China
read moreThe efforts may have limited impact on prices at the pump, experts say, but doing nothing would be a political mistake as gasoline prices hit a seven-year high. But consumer costs rose the most in 31 years in October, thanks in big part to high gasoline prices. His “Whip Inflation Now,” campaign featuring WIN buttons, T-shirts and coffee cups, urged Americans to fight high fuel prices by carpooling and turning down thermostats. Oil prices jumped to $140 per barrel and pump prices to $4 a gallon during Republican George W. Bush's second term. "Gasoline prices are 34 cents higher than what can explained by crude oil prices."
Persons: Mike Blake, Joe Biden, Larry Sabato, Sabato, Gerald Ford, Jimmy Carter, Neven, Richard Nixon, , Thomas Alan Schwartz, Ford, Nixon, Carter, Republican Ronald Reagan, Republican George W, William Kovacic, Bush, Barack Obama, Hurricane Katrina, Rita, Jack Ablin, Diane Bartz, Steve Holland, Heather Timmons, Dan Burns, David Gaffen, Peter Cooney Organizations: REUTERS, WASHINGTON, American Automobile Association ., Register, University of Virginia, HIGH, Reuters Graphics Reuters, Reuters, of, Petroleum, Israel, Republican, WIN, carpooling, Democrat, White, Federal Trade Commission, Democratic, Thomson Locations: San Diego , California, U.S, China, United States
The infrastructure law, which Congress passed with bipartisan support, allocates money to states through a combination of grant and formula funding. States can pick and choose how to spend funds from the formula, prioritizing whichever projects they desire. Money often goes to more traditional projects — such as expanding roadways to make room for more cars — that could undermine some of the Biden administration's goals on climate and equity. Still, not every state will share the Biden administration's goals on issues like racial equity. While it could make the state's application less competitive, DeSantis could decide not to prioritize equity or sustainability in Florida's grant proposals.
Persons: Biden, Susan Howard, Ron DeSantis, DeSantis, Barack Obama's, Rick Scott, Gary Palmer, Adie, Tomer Organizations: Biden, Transportation Department, The Transportation Department, American Association of State, Transportation, Republican Gov, Brookings Institution, Republicans Locations: Florida, Tampa, Orlando , Florida, Alabama
While taming inflation falls to the Fed, Mr. Biden has been suffering politically as prices rise for food, gas and airplane tickets. The Biden administration already has one vacant governor role to fill, and two more seats will open early next year, giving Mr. Biden room to appoint at least three of seven governors. But Republicans, who supported Mr. Powell when he was nominated as chair by Mr. Trump, are likely to vote to confirm him again. Moments after the nomination was made public, Senator Patrick J. Toomey, Republican of Pennsylvania, released a statement saying he would support Mr. Powell’s nomination. Plus, Mr. Powell is often lauded for his track record as chair, which has seen the central bank pursuing full employment with vigor.
Persons: Jerome H, Powell’s reappointment, Nate Palmer, Biden, Powell, Donald J, Trump, renominating Janet L, Mr, Lael Brainard, Brainard, , ” Mr, Elizabeth Warren of Massachusetts, , Sheldon Whitehouse, Jeff Merkley, Powell’s, Patrick J, Toomey, Biden’s, Barack Obama, Yellen Organizations: Credit, The New York Times, Federal Reserve, White, Fed, Workers, Republican, Fed Board Locations: Rhode Island, Oregon, Pennsylvania
Whether that will be enough to appease Mr. Powell’s critics remains to be seen. But Republicans, who supported Mr. Powell when he was nominated as chair by Mr. Trump, are likely to vote to confirm him again. Moments after the nomination was made public, Senator Patrick J. Toomey, Republican of Pennsylvania, released a statement saying he would support Mr. Powell’s nomination. As a result, the Fed may be left balancing its two key goals as it charts its future policy path. Mr. Powell is a Republican who was first appointed by President Barack Obama as a Fed governor, then elevated to chair by Mr. Trump, whose decision to replace Ms. Yellen as Fed chair upended a longstanding tradition in which presidents reappoint Fed chairs of the opposite party who had done a good job.
Persons: Mr, Elizabeth Warren of Massachusetts, Powell, , Sheldon Whitehouse, Jeff Merkley, Powell’s, Trump, Patrick J, Toomey, Biden’s, Barack Obama, Yellen Organizations: Workers, Republican, Fed Locations: Rhode Island, Oregon, Pennsylvania
New York (CNN Business) President Joe Biden on Monday formally announced his intent to nominate Jerome Powell to serve as the chairman of the Federal Reserve for a second term and nominate Lael Brainard to serve as the Fed's vice chair. The White House cited Powell's "steady leadership" amid the economic turbulence of the pandemic as a reason for the decision. "After an atypically lengthy deliberation phase, the White House ultimately went with the safest choice," said Isaac Boltansky, director of policy research at BTIG,. Powell vs. BrainardBiden recently met with Powell and Brainard, a Federal Reserve governor, separately at the White House as he weighed his decision, CNN previously reported. "This is a good decision," former Dallas Fed President Richard Fisher told CNN.
Persons: Joe Biden, Jerome Powell, Lael Brainard, Powell, Biden, Isaac Boltansky, Trump, Brainard Biden, Brainard, Richard Fisher, Elizabeth Warren, Sen, Elizabeth Warren of, Robert Kaplan, Eric Rosengren, Kaplan, Rosengren, Barack Obama, Donald Trump, Janet Yellen, Governors doesn't Organizations: CNN Business, Monday, Federal Reserve, Republican, White, Senate, Fed, Wall, CNN, Dallas Fed, Democratic, of Governors, Dallas, Boston Feds, Fed's, Governors Locations: York, Brainard, United States, BTIG, Elizabeth Warren of Massachusetts
New York (CNN Business) By choosing to stick with Jerome Powell, who Donald Trump selected to be Federal Reserve chairman in 2017, President Biden proved that he learned a valuable lesson from his former boss about continuity over partisan politics during challenging economic times. Just as Barack Obama stayed with Ben Bernanke in the immediate aftermath of the Great Recession, despite being nominated by George W. Bush, Biden recognized that it makes sense to keep Powell so he can remain in charge of managing the post-Covid recovery. Lael Brainard, a current Federal Reserve governor and former Treasury official in the Obama administration, was also considered to be a strong option to replace Powell as Fed chair. Biden nominated her instead to be the Fed's vice chair, potentially setting her up to take over the Fed in 2026 after Powell's second term, if he is approved by the Senate, expires. After all, Brainard is viewed, especially by progressive Democrats who oppose Powell , as someone who will focus more on issues like income inequality and climate change and not just the Fed's official mandates of maximum employment and price stability.
Persons: Jerome Powell, Donald Trump, Biden, Barack Obama, Ben Bernanke, George W, Bush, Powell, Lael Brainard, Obama, Brainard Organizations: CNN, Federal, Federal Reserve, Treasury, Fed, Senate Locations: York
He told Insider he can't make friends or get work, and is regularly interrogated. It's hell'Many Guantanamo detainees are sent to third countries after their release — not the US or their home countries. Guantanamo Bay prisoners. Adayfi told Insider these were Serbian military members. An unsustainable lifeAdayfi told Insider he has "no friends in the community, no family.
Persons: Mansoor Adayfi, he's, Guantanamo hasn't, He's, I've, Daphne Eviatar, Mansoor Adayfi Adayfi, he'd, Adayfi, who'd, Masoor, Eviatar, they've, hasn't, Michelle Shephard, Lutfi bin Ali, Barack Obama, Donald Trump, Joe Biden, Milanović Adayfi, they're, herder, Matt Spetalnick, marveling, Princess Organizations: Service, Amnesty International, NPR, Serbian, US State Department, Serbia's Ministry of Defence, Newsweek, Amnesty, Guantanamo, US Department of Defense, REUTERS, New York Times, CIA Locations: Guantanamo, Qaeda, Yemen, Belgrade, Serbia, he's, Cuba, Serbian, Serbia's, Slovakia, Kazakhstan, Afghanistan, United States
Traders work as a screen shows Federal Reserve Chairman Jerome Powell's news conference after the U.S. Federal Reserve interest rates announcement on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermidNEW YORK, Nov 22 (Reuters) - Biden's pick of Jerome Powell to continue as Federal Reserve Chair gives global investors stability and some predictability as the central bank prepares to taper its asset purchases and start hiking rates. Investors had grown nervous about Powell's reappointment, with some saying they'd expected it earlier in the calendar - as has been the case with prior chair announcements. Powell has done more than any recent Fed chair to cultivate relationships on Capitol Hill, meeting regularly with members of both parties. The Fed Chair nomination comes as Democrats try to push through a landmark social spending bill that is central to the administration's economic agenda.
Persons: Jerome Powell's, Brendan McDermid, Jerome Powell, Powell, Donald Trump, Joe Biden, Biden, Lael Brainard, Peter Tuz, Tuz, PredictIt, Robert Pavlik, Pavlik, Brainard, Barack Obama, Janet Yellen, Ben Bernanke, George W, Bush, Jon Tester, Elizabeth Warren of, Warren, David Randall, Stephen Culp, Shreyashi Sanyal, Megan Davies, Nick Zieminski Organizations: U.S . Federal, New York Stock Exchange, REUTERS, Federal Reserve, Chase Investment, Federal, L1N2R020J, U.S . Senate, Dakota Wealth Management, Fed, Treasury, Senate, Committee, Democratic, Banking, Montana, Republicans, U.S . Securities, Exchange Commission, U.S, Thomson Locations: New York, U.S, Charlottesville , Virginia, Elizabeth Warren of Massachusetts
On Friday, the social safety net bill narrowly passed the House but now faces a difficult path ahead in the Senate. On Thursday, Ford announced that it would tackle the problem by bringing chip production closer to home. General Motors said it was also looking to take a more active role in chip production, working with chip companies to develop three types of microprocessors that meet all of its computing needs. (Nov. 21-27)Any Day NowPresident Biden is expected this week to announce his nominee to be Federal Reserve chair. Mr. Biden’s decision comes at a crucial time for the Fed, which is still grappling with the fallout from an ethics scandal.
Persons: Till Lauer, Biden, General Motors, Jerome H, Barack Obama, it’s, Lael Brainard, Biden’s Organizations: Ford, General, Federal, Republican, Fed Locations: U.S
Michael Tubbs, former mayor of Stockton, California. He upended expectations again when in 2017 he became the city's first Black mayor and, at just 26, the youngest mayor ever of an American city. Michael Tubbs: Growing up, so many memoirs really inspired me, particularly memoirs about the transition from adolescence to adulthood. No one plans to run for office and have MC Hammer give them money for a city council race. Michael Tubbs, pictured here as a 22-year-old Stanford University graduate, worked to change his hometown of Stockton, California as a city council member and then as mayor.
Persons: Michael Tubbs, Nick Otto, Tubbs,, Oprah Winfrey, Lorie Konish, Richard Wright, Nathan McCall, Barack Obama's, Donnell, isn't, MC Hammer, I'm, Hammer, we've, Uncle Hammer, hadn't, it's, I've, bachelor's Organizations: AFP, Getty, Stanford University, Finance, Stanford, TA, Google, Bee, Tribune, Service Locations: Stockton , California, America, Stockton, American, Stockton ., California
MANAMA, Bahrain — The Biden administration is trying to convince its Arab allies that the United States, despite appearances to the contrary, is not fed up with the region and headed for the doors. It is a tough sell. At a meeting on Saturday in Bahrain that comes on the eve of global talks meant to rein in Iran’s nuclear ambitions, Defense Secretary Lloyd J. Austin III faced tough questions about how Arab allies were supposed to deal with the whiplash of an American national security policy that upends itself every four to eight years with a new president. With President Biden now trying to undo President Donald J. Trump’s own undoing of President Barack Obama’s Iran nuclear deal, some Arab allies expressed frustration that they were caught in the middle and must go their own way. The United Arab Emirates, for instance, is taking steps to de-escalate its own tensions with Tehran, after years of striking a harsher tone.
Persons: Bahrain —, Biden, Lloyd J, Austin III, Donald J, Barack Obama’s Organizations: American, United Locations: MANAMA, Bahrain, United States, Barack Obama’s Iran, United Arab Emirates, Tehran, Afghanistan, Iraq, China
President Joe Biden on Friday pardoned two Indiana-raised male turkeys at the White House. The turkeys, named Peanut Butter and Jelly, will be spared the fate of ending up on a dinner plate. "Instead of getting basted, these two turkeys are getting boosted today," the president joked. "Peanut Butter and Jelly are going to help Build Back the Butterball as we move along," he said, in a playful reference to his "Build Back Better" reconciliation bill. "I'm sorry for Pete and Chasten — Peanut Butter and Jelly are now the new Indiana power couple," the president quipped.
Persons: Joe Biden, Biden, Barack Obama, , I've, everything's, Pete Buttigieg, Chasten, Pete, Willard Organizations: White, Service, White House, Democratic, Capitol, Indiana, Animal Science Research, Education Center, Purdue University Locations: Indiana, Washington, DC, WhiteHouse, South Bend , Indiana, Jasper , Indiana
Former President Obama on Saturday sent birthday wishes to President Biden on Twitter. Biden, who just turned 79 years old, served as Obama's vice president from 2009 to 2017. See all newslettersFormer President Barack Obama on Saturday sent birthday wishes to President Joe Biden, his former No. the former president tweeted to Biden, who served as his vice president from 2009 to 2017. Grateful for all you're doing to build this country back better," Obama added.
Persons: Obama, Biden, Barack Obama, Joe Biden, Republican Sen, John McCain, Mitt Romney Organizations: Saturday, Twitter, Senate, Democratic, Democratic National Convention, Biden, Republican, Gov Locations: Boston, Arizona, Massachusetts
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