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Dozen U.S. National Guard removed from inaugural duty after vetting
  + stars: | 2021-01-19 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: 1 min
FILE PHOTO: Members of the National Guard patrol near the U.S. Capitol building ahead of U.S. President-elect Joe Biden's inauguration, in Washington, U.S., January 19, 2021. REUTERS/Andrew Kelly/File PhotoWASHINGTON (Reuters) - A dozen members of the U.S. National Guard have been removed from duty helping secure the inauguration of President-elect Joe Biden after vetting, which included screening for potential ties to right-wing extremism, Pentagon officials said on Tuesday. A Pentagon spokesman said the vetting went beyond ties to extremist groups. One Guard member was removed from duty after troubling text messages and another had been reported to a tip line, Army General Daniel Hokanson, chief of the National Guard Bureau, told reporters.
Persons: Joe Biden's, Andrew Kelly, Joe Biden, Daniel Hokanson Organizations: National Guard, U.S . Capitol, REUTERS, WASHINGTON, U.S . National Guard, Pentagon, Guard, National Guard Bureau Locations: U.S, Washington , U.S
Dozen U.S. National Guard troops removed from inaugural duty after vetting
  + stars: | 2021-01-19 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
FILE PHOTO: Members of the National Guard patrol near the U.S. Capitol building ahead of U.S. President-elect Joe Biden's inauguration, in Washington, U.S., January 19, 2021. REUTERS/Andrew Kelly/File PhotoWASHINGTON (Reuters) - A dozen members of the U.S. National Guard have been removed from duty helping secure the inauguration of President-elect Joe Biden after vetting, which included screening for potential ties to right-wing extremism, Pentagon officials said on Tuesday. A Pentagon spokesman said the vetting went beyond ties to extremist groups. One Guard member was removed from duty after troubling text messages and another had been reported to a tip line, Army General Daniel Hokanson, chief of the National Guard Bureau, told reporters. Last week, the Virginia National Guard said that Jacob Fracker, an off-duty police officer charged in connection with the violent riots at the Capitol, was a corporal in the state’s Guard and serves as an infantryman.
Persons: Joe Biden's, Andrew Kelly, Joe Biden, Daniel Hokanson, , , Jonathan Hoffman, Chris Miller, Biden, Donald Trump, Jacob Fracker Organizations: National Guard, U.S . Capitol, REUTERS, WASHINGTON, U.S . National Guard, Pentagon, Guard, National Guard Bureau, Capitol, U.S, FBI, Virginia National Guard, state’s Guard Locations: U.S, Washington , U.S
TOKYO, Jan 19 (Reuters) - Japanese shares closed higher on Tuesday after declining for two consecutive sessions, as investors scooped up beaten-down stocks, with automakers and semiconductor-related plays leading the rebound. The Nikkei 225 Index ended 1.39% higher at 28,633.46, while the broader Topix inched up 0.56% to 1,855.84. “Investors are buying back shares which were sold out of concerns for overheat yesterday,” said Hideyuki Suzuki, general manager at investment research for SBI Securities Suzuki. In Japan, chip-related shares advanced, with Rohm Co jumping 4.51% after Nomura Securities raised its target price. Automakers also advanced, with Mazda Motor jumping 5.5%, Nissan Motor rising 3.91% and Suzuki Motor gaining 3.89%.
Persons: , Hideyuki Suzuki, “ Today’s, Rohm, Advantest Organizations: Nikkei, , SBI Securities Suzuki, National Bureau, Statistics, Nomura Securities, Tokyo, Mazda, Nissan Motor, Suzuki, Toyota, Honda, SoftBank Group Corp, Hitachi Ltd, Hoya Corp, Seven, Holdings Co Locations: TOKYO, U.S, Japan
UPDATE 1-China's 2020 power consumption grows 3.1% despite COVID-19 disruption
  + stars: | 2021-01-19 | by ( Reuters Staff | ) www.reuters.com sentiment -0.57   time to read: +1 min
(Adds context)BEIJING, Jan 19 (Reuters) - China’s power consumption in 2020 rose 3.1% from the previous year, the country’s state planner said on Tuesday, despite several months of disruptions to industrial activity caused by the coronavirus outbreak. The National Development and Reform Commission (NDRC) said at a press briefing that electricity consumption from primary industry grew 10.2% from 2019, while consumption from secondary and tertiary industry increased 2.5% and 1.9%, respectively. The NDRC did not give the absolute figures for power consumption last year. China has been leading the global economic recovery since emerging from the initial impact of the COVID-19 pandemic. China produced a total of 7.42 trillion kWh of electric power in 2020, up 2.7% from a year ago, according to data from the National Bureau of Statistics on Monday.
Persons: Jan, Stella Qiu, Muyu Xu, Emily Chow, Tom Hogue Organizations: National Development, Reform Commission, National Bureau, Statistics Locations: BEIJING, China
Japan shares advance as investors look for bargains after retreat
  + stars: | 2021-01-19 | by ( Reuters Staff | ) www.reuters.com sentiment -0.81   time to read: +1 min
TOKYO, Jan 19 (Reuters) - Japanese shares rose on Tuesday after two consecutive sessions of falls as investors scooped up beaten down stocks, with automakers and semiconductor-related plays leading the rebound. The Nikkei 225 Index climbed 1.23% to 28,590.98 by 0150 GMT, while the broader Topix edged up 0.48% to 1,854.36. “Investors are buying back shares which were sold out of concerns for overheat yesterday,” said Hideyuki Suzuki, general manager at investment research for SBI Securities Suzuki. “Today’s rise represents the fundamental strength of the Japanese market. The underperformers among the Topix 30 were Hoya Corp , which fell 1.97%, and Seven & i Holdings Co Ltd , losing 0.61%.
Persons: , Hideyuki Suzuki, Rohm, Junko Fujita, Subhranshu Sahu Organizations: Nikkei, , SBI Securities Suzuki, National Bureau, Statistics, Nomura Securities, Tokyo, Nissan Motor, Mazda, Toyota, Honda, Hoya Corp, Holdings Co Locations: TOKYO, U.S, China
China's 2020 power consumption grew 3% despite Covid disruption
  + stars: | 2021-01-19 | by ( ) www.cnbc.com sentiment -0.72   time to read: +1 min
China's power consumption in 2020 rose 3.1% from the previous year, the country's state planner said on Tuesday, despite several months of disruptions to industrial activity caused by the coronavirus outbreak. The National Development and Reform Commission (NDRC) said at a press briefing that electricity consumption from primary industry grew 10.2% from 2019, while consumption from secondary and tertiary industry increased 2.5% and 1.9%, respectively. The NDRC did not give the absolute figures for power consumption last year. China has been leading the global economic recovery since emerging from the initial impact of the Covid-19 pandemic. China produced a total of 7.42 trillion kWh of electric power in 2020, up 2.7% from a year ago, according to data from the National Bureau of Statistics on Monday.
Organizations: National Development, Reform Commission, National Bureau, Statistics Locations: China
Pandemic Teacher Shortages Imperil In-Person Schooling
  + stars: | 2021-01-19 | by ( Natasha Singer | ) www.nytimes.com + 0.00   time to read: +2 min
As teacher availability decreases, many schools are seeking additional instructors both for in-person and virtual teaching positions. To entice newcomers to try teaching during the pandemic, some districts are increasing pay or lowering the bar to entry by eliminating college course requirements for substitutes. Rather than needing 60 college credits, substitutes can now teach with a high school diploma. In a pandemic that has already derailed education for millions of schoolchildren, lowering the bar for substitutes can be a fraught exercise. Steve Sisolak issued a pandemic regulation allowing large urban districts to hire emergency substitute teachers with only high school diplomas — an option previously available only to smaller rural districts.
Persons: , Rather, Monica Batiste, Steve Sisolak Organizations: Survey, U.S . Census Bureau, Kelly Education, Gwinnett County Public Schools, Gov Locations: U.S, Gwinnett, Georgia, Nevada
Overall retail sales in December slid 0.3% on a month-to-month basis—an improvement from November, which experienced a month-to-month decline of 0.8%, according to recent data from the US Census Bureau. Ecommerce elevated December retail sales. However, retail sales did improve in the shopping-heavy month on an annual basis, with volume growing 6.3% compared with December 2019. Major ecommerce players finished off the year strong as online sales surpassed an estimated $188.2 billion throughout the holiday season. Amazon was also well positioned to capitalize on the ecommerce-heavy month: It over 1.5 billion packages globally during the holiday season.
Persons: ecommerce, Ecommerce, Nordstrom, Joe Biden Organizations: Intelligence, Payments & Commerce, Payments, Commerce, Census Bureau, Target, Amazon
2 Guard members removed from Biden inauguration
  + stars: | 2021-01-19 | by ( ) www.cnbc.com sentiment -1.00   time to read: +1 min
Members of the National Guard in the plaza in front of the U.S. Capitol Building on Sunday, Jan. 17, 2021 in Washington, DC. Two U.S. Army National Guard members are being removed from the security mission to secure Joe Biden's presidential inauguration. A U.S. Army official and a senior U.S. intelligence official say the two National Guard members have been found to have ties to fringe right group militias. They did not say what fringe group the Guard members belonged to or what unit they served in. The Secret Service told the AP on Monday it would not comment on if any National Guard members had been pulled from securing the inauguration for operational security reasons.
Persons: Joe Biden's, Biden Organizations: National Guard, U.S, Capitol, U.S . Army National Guard, U.S . Army, Army, Associated Press, Defense Department, Guard, National Guard Bureau, Secret, Service Locations: Washington ,, U.S
Two National Guard troops were pulled off the presidential inauguration security mission, the AP reported Tuesday. The Guard members were found to have ties to far-right militia groups, according to Army and intelligence officials. A National Guard Bureau spokesperson said that the Guard does not currently have information on the reported removal of the Guard troops but stressed that extremism in the ranks will not be tolerated. There are more than 21,500 National Guard troops currently deployed to Washington, DC in support of the presidential inauguration, the National Guard Bureau said in a statement Monday. A National Guard Bureau spokesperson told Insider that the Guard could not currently substantiate the AP report but added that the National Guard does "not tolerate extremism in its ranks."
Persons: Joe Biden's, Biden, Donald Trump, Mark Milley, Chris Miller, it's, Daniel R Organizations: National Guard, Guard, FBI, National Guard Bureau, Associated Press, Army, AP, National Guard personnel, Trump, Capitol, Air Force, Navy, Marine Corps, Virginia National Guard, Joint Chiefs, Staff, New York Times, Department of Defense Office, Department of Defense Locations: Washington ,
SEE NEW POSTSPompeo denounces multiculturalism on last full day as secretary of state Secretary of State Mike Pompeo criticized “multiculturalism” on Tuesday, his last full day as America’s top diplomat, saying in a tweet that it was “not who America is." “Woke-ism, multiculturalism, all the -isms — they're not who America is,” Pompeo wrote. Sen. Martin Heinrich, D-N.M., asked Haines if Haines would provide a "public written assessment of the threat QAnon poses to our country." Share this -Two National Guard members removed from Biden inauguration security Two U.S. Army National Guard members are being removed from the security mission to secure Joe Biden’s presidential inauguration. Share this -What Trump's doing on his final full day in office After four turbulent years, Tuesday is President Trump's final full day in office.
Persons: Pompeo, Mike Pompeo, , , they're, ” Pompeo, Martin Luther King Jr, Trump, Haines, Avril Haines, Sen, Martin Heinrich, Heinrich, Christopher Wray, Joe Biden’s, Biden, Blunt, Roy Blunt, , Eleanor Holmes Norton, Trump's, Pat Cipollone, Jared Kushner, Ivanka Trump, He’s, Nancy Pelosi, Mitch McConnell, Chuck Schumer, Kevin McCarthy, Joe Biden, Joe Biden isn’t, he’ll Organizations: Trump, U.S . Capitol, America, Department of Homeland Security, FBI, National Guard, Biden, U.S . Army National Guard, U.S . Army, Army, Associated Press, Defense Department, National Guard Bureau, Secret, Service, Capitol, MSNBC, District of Columbia, NBC News, White, NBC, Congressional, Punchbowl News Locations: America, stoke, United States, U.S, Del, Washington, Ky
DNI nominee Haines vows to provide public assessment of QAnon threat
  + stars: | 2021-01-19 | by ( Nbc News | ) www.nbcnews.com + 0.00   time to read: +7 min
SEE NEW POSTSDNI nominee Haines vows to provide public assessment of QAnon threat Biden's nominee for director of national intelligence, Avril Haines, told senators at her confirmation hearing Tuesday that she would provide a public assessment of the QAnon threat. Sen. Martin Heinrich, D-N.M., asked Haines if Haines would provide a "public written assessment of the threat QAnon poses to our country." Haines said she was aware of a letter Heinrich and others sent to FBI Director Christopher Wray last month asking for such an assessment. Share this -Two National Guard members removed from Biden inauguration security Two U.S. Army National Guard members are being removed from the security mission to secure Joe Biden’s presidential inauguration. Share this -What Trump's doing on his final full day in office After four turbulent years, Tuesday is President Trump's final full day in office.
Persons: Haines, Avril Haines, Sen, Martin Heinrich, Heinrich, Christopher Wray, Joe Biden’s, Biden, , Blunt, Roy Blunt, , Eleanor Holmes Norton, Trump's, Trump, Pat Cipollone, Jared Kushner, Ivanka Trump, He’s, Nancy Pelosi, Mitch McConnell, Chuck Schumer, Kevin McCarthy, Joe Biden, Joe Biden isn’t, he’ll, Pompeo, Donald Trump's, Mike Pompeo, ingratiating, I've Organizations: Department of Homeland Security, FBI, National Guard, Biden, U.S . Army National Guard, U.S . Army, Army, Associated Press, Defense Department, National Guard Bureau, Secret, Service, Capitol, MSNBC, District of Columbia, NBC News, White, NBC, Congressional, Punchbowl News, Trump, House Republicans, U.S Locations: U.S, Del, Washington, Ky
Two National Guard members removed from Biden inauguration security
  + stars: | 2021-01-19 | by ( Nbc News | ) www.nbcnews.com + 0.00   time to read: +7 min
SEE NEW POSTSTwo National Guard members removed from Biden inauguration security Two U.S. Army National Guard members are being removed from the security mission to secure Joe Biden’s presidential inauguration. A U.S. Army official and a senior U.S. intelligence official say the two National Guard members have been found to have ties to fringe right group militias. They did not say what fringe group the guard members belonged to or what unit they served in. "I feel good about where we are on security," Blunt told reporters when asked if he has any concerns. Share this -What Trump's doing on his final full day in office After four turbulent years, Tuesday is President Trump's final full day in office.
Persons: Joe Biden’s, Biden, , Sen, Blunt, Roy Blunt, , Eleanor Holmes Norton, Trump's, Trump, Pat Cipollone, Jared Kushner, Ivanka Trump, He’s, Nancy Pelosi, Mitch McConnell, Chuck Schumer, Kevin McCarthy, Joe Biden, Joe Biden isn’t, he’ll, Pompeo, Donald Trump's, Mike Pompeo, ingratiating, I've Organizations: National Guard, Biden, U.S . Army National Guard, U.S . Army, Army, Associated Press, Defense Department, National Guard Bureau, Secret, Service, Capitol, MSNBC, District of Columbia, NBC News, White, NBC, Congressional, Punchbowl News, Trump, House Republicans, U.S Locations: U.S, Del, Washington, Ky
DNI nominee Avril Haines: Intelligence is 'no place for politics ever'
  + stars: | 2021-01-19 | by ( Nbc News | ) www.nbcnews.com + 0.00   time to read: +8 min
Sen. Martin Heinrich, D-N.M., asked Haines if Haines would provide a "public written assessment of the threat QAnon poses to our country." Share this -Two National Guard members removed from Biden inauguration security Two U.S. Army National Guard members are being removed from the security mission to secure Joe Biden’s presidential inauguration. A U.S. Army official and a senior U.S. intelligence official say the two National Guard members have been found to have ties to fringe right group militias. The Army official and the intelligence official spoke to The Associated Press on the condition of anonymity due to Defense Department media regulations. They did not say what fringe group the guard members belonged to or what unit they served in.
Persons: Biden, Covid, Joe Biden, Diane Yentl, Mitch McConnell, Trump, McConnell, Donald Trump’s, Pelosi, Nancy Pelosi, Hillary Clinton, Clinton, Chuck Schumer, Steny Hoyer, James Clyburn, Mike Pence, Pompeo, Mike Pompeo, , , they're, ” Pompeo, Martin Luther King Jr, Haines, Avril Haines, Sen, Martin Heinrich, Heinrich, Christopher Wray, Joe Biden’s Organizations: Centers for Disease Control, Income Housing Coalition, McConnell, Capitol, Trump, Electoral College, U.S . Capitol, America, Department of Homeland Security, FBI, National Guard, Biden, U.S . Army National Guard, U.S . Army, Army, Associated Press, Defense Department, National Guard Bureau, Secret, Service Locations: Ky, America, stoke, United States, U.S
SEE NEW POSTSMcConnell: Capitol rioters were 'fed lies' and 'provoked by the president' Senate Majority Leader Mitch McConnell, R-Ky., said Tuesday on the Senate floor that the rioters who stormed the Capitol on Jan. 6 were "fed lies" and were "provoked" by Trump and others. And they said at that point that they were storming the Capitol and the security just whisked [me] away. Share this -Two National Guard members removed from Biden inauguration security Two U.S. Army National Guard members are being removed from the security mission to secure Joe Biden’s presidential inauguration. A U.S. Army official and a senior U.S. intelligence official say the two National Guard members have been found to have ties to fringe right group militias. They did not say what fringe group the guard members belonged to or what unit they served in.
Persons: McConnell, Mitch McConnell, Trump, Donald Trump’s, Pelosi, Nancy Pelosi, Hillary Clinton, Clinton, Chuck Schumer, Steny Hoyer, James Clyburn, Mike Pence, Pompeo, Mike Pompeo, , , they're, ” Pompeo, Martin Luther King Jr, Haines, Avril Haines, Sen, Martin Heinrich, Heinrich, Christopher Wray, Joe Biden’s, Biden, Blunt, Roy Blunt, , Eleanor Holmes Norton Organizations: Capitol, Trump, Electoral College, U.S . Capitol, America, Department of Homeland Security, FBI, National Guard, Biden, U.S . Army National Guard, U.S . Army, Army, Associated Press, Defense Department, National Guard Bureau, Secret, Service, MSNBC, District of Columbia Locations: Ky, America, stoke, United States, U.S, Del
SEE NEW POSTSPelosi recounts the moment she was whisked away from House floor during riot House Speaker Nancy Pelosi, D-Calif., recounted in an interview with Hillary Clinton the moment she was whisked away from the House floor on Jan. 6, when the Capitol was breached by a pro-Trump mob. "We were having the debate when the security just pulled me off the podium," Pelosi told Clinton on her "You and Me Both" podcast. And they said at that point that they were storming the Capitol and the security just whisked [me] away. Share this -Two National Guard members removed from Biden inauguration security Two U.S. Army National Guard members are being removed from the security mission to secure Joe Biden’s presidential inauguration. On Monday afternoon, Trump met in the Oval Office with advisers, including White House counsel Pat Cipollone, Jared Kushner and Ivanka Trump, to discuss the final list of pardons and commutations, a White House official tells NBC News.
Persons: Pelosi, Nancy Pelosi, Hillary Clinton, Clinton, Mitch McConnell, Chuck Schumer, Steny Hoyer, James Clyburn, McConnell, Mike Pence, Pompeo, Mike Pompeo, , , they're, ” Pompeo, Martin Luther King Jr, Trump, Haines, Avril Haines, Sen, Martin Heinrich, Heinrich, Christopher Wray, Joe Biden’s, Biden, Blunt, Roy Blunt, , Eleanor Holmes Norton, Trump's, Pat Cipollone, Jared Kushner, Ivanka Trump, He’s, Kevin McCarthy, Joe Biden Organizations: Capitol, Trump, Electoral College, U.S . Capitol, America, Department of Homeland Security, FBI, National Guard, Biden, U.S . Army National Guard, U.S . Army, Army, Associated Press, Defense Department, National Guard Bureau, Secret, Service, MSNBC, District of Columbia, NBC News, White, NBC, Congressional, Punchbowl News Locations: Ky, America, stoke, United States, U.S, Del, Washington
Watch: Presidential transition meetings through the years
  + stars: | 2021-01-19 | by ( Nbc News | ) www.nbcnews.com + 0.00   time to read: +10 min
Share this -Will the Biden administration be able to stop evictions of tenants hurt by Covid? Eviction costs can also be added to rent bills, increasing the amounts ultimately owed by renters to their landlords. And they said at that point that they were storming the Capitol and the security just whisked [me] away. Share this -Two National Guard members removed from Biden inauguration security Two U.S. Army National Guard members are being removed from the security mission to secure Joe Biden’s presidential inauguration. They did not say what fringe group the guard members belonged to or what unit they served in.
Persons: Joe Biden's, Donald Trump, Biden, Jon Ossoff, Raphael Warnock, California's Alex Padilla, Kamala Harris, Sen, Mitch McConnell, Chuck Schumer, Covid, Joe Biden, Diane Yentl, Trump, McConnell, Jan, Donald Trump’s, Pelosi, Nancy Pelosi, Hillary Clinton, Clinton, Steny Hoyer, James Clyburn, Mike Pence, Pompeo, Mike Pompeo, , , they're, ” Pompeo, Martin Luther King Jr, Haines, Avril Haines, Joe Raedle, Martin Heinrich, Heinrich, Christopher Wray, Joe Biden’s Organizations: Capitol, Centers for Disease Control, Income Housing Coalition, McConnell, Trump, Electoral College, U.S . Capitol, America, Reuters, Department of Homeland Security, FBI, National Guard, Biden, U.S . Army National Guard, U.S . Army, Army, Associated Press, Defense Department, National Guard Bureau, Secret, Service Locations: Georgia, Ky, America, stoke, United States, Washington, U.S
Facing criticism over efforts to produce citizenship data to comply with an order from President Donald Trump, U.S. Census Bureau director Steven Dillingham said Monday that he planned to resign with the change in presidential administrations. Dillingham said in a statement that he would resign on Wednesday, the day Trump leaves the White House and President-elect Joseph Biden takes office. The Census Bureau director’s plan to resign comes as the statistical agency is in the middle of crunching the numbers for the 2020 census, which will be used to determine how many congressional seats and Electoral College votes each state gets, as well as the distribution of $1.5 trillion in federal spending each year. Last week, Democratic lawmakers called on Dillingham to resign after a watchdog agency said he had set a deadline that pressured statisticians to produce a report on the number of people in the U.S. illegally.
Persons: Donald Trump, Steven Dillingham, Dillingham, Joseph Biden Organizations: Census, Trump, Electoral College, Democratic Locations: U.S, Dillingham
U.S. Census Bureau director resigns
  + stars: | 2021-01-18 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: 1 min
FILE PHOTO: U.S. Census Bureau Director, Dr. Steven Dillingham holds up his U.S. Census bags, one from 1890 which was a gift from his wife, in the Ravn Air terminal in Bethel, Alaska U.S., January 21, 2020. REUTERS / Brian AdamsWASHINGTON (Reuters) - The U.S. Census Bureau’s embattled director resigned on Monday and will retire on Wednesday, the day Democratic President-elect Joe Biden is inaugurated, according to a letter on the bureau’s website. Steven Dillingham has faced accusations that he supported a partisan push to deliver data to Republican President Donald Trump before the end of his term, the Washington Post said. The U.S. Census Bureau in December said it would miss a year-end deadline to produce the population count used to divide seats in the House of Representative between the states.
Persons: Steven Dillingham, Brian Adams WASHINGTON, Joe Biden, Donald Trump Organizations: . Census, REUTERS, Democratic, Republican, Washington Post, Census Locations: Bethel , Alaska U.S, U.S
WASHINGTON (Reuters) - The U.S. Census Bureau’s embattled director on Monday announced he is resigning nearly a year ahead of schedule and will retire on Wednesday, the day Democratic President-elect Joe Biden is inaugurated, according to a letter on the bureau’s website. FILE PHOTO: U.S. Census Bureau Director, Dr. Steven Dillingham holds up his U.S. Census bags, one from 1890 which was a gift from his wife, in the Ravn Air terminal in Bethel, Alaska U.S., January 21, 2020. In June 2019, the U.S. Supreme Court blocked Trump’s contentious citizenship question planned for the 2020 census because officials gave a rationale the court characterized as “contrived.”Trump then issued an executive order directing the Census Bureau to determine the number of undocumented immigrants through other means. The U.S. Census Bureau last month said it would miss a year-end deadline to produce the population count. Dillingham on Monday called on Congress to begin data collection a year earlier for the 2030 census.
Persons: Joe Biden, Steven Dillingham, Brian Adams Steven Dillingham’s, Biden, Dillingham, Donald Trump, ” Trump, Trump’s, Trump, Carolyn Maloney, , Organizations: WASHINGTON, Monday, Democratic, . Census, REUTERS, Commerce Department’s, U.S, Supreme, American Civil Liberties Union, U.S . House, Republicans, Trump, Census, Capitol Locations: Bethel , Alaska U.S, United, New York, Democratic California, U.S, , Dillingham
Outlook darkens for Wall Street as Biden's regulators take shape
  + stars: | 2021-01-18 | by ( Michelle Price | ) www.reuters.com + 0.00   time to read: +4 min
Slideshow ( 2 images )Gary Gensler will serve as chair of the Securities and Exchange Commission (SEC) and Federal Trade Commission member Rohit Chopra will head the Consumer Financial Protection Bureau (CFPB). Wall Street-friendly Republicans on Monday criticized Biden for bowing to leftists, warning the picks would be divisive. Those wins also mean anti-Wall Street firebrand Sherrod Brown will lead the powerful Senate Banking Committee. He has said he plans to try to repeal Wall Street-friendly rules introduced by President Donald Trump’s regulators. Chopra is expected to review payday lending and debt-collection rules, which influential consumer groups say won’t protect Americans.
Persons: Joe Biden’s, Gary Gensler, Rohit Chopra, Biden, , ” Patrick McHenry, Chopra, Gensler, Kamala Harris, Sherrod Brown, Donald Trump’s, Brown, , Lisa Donner, ” Biden, Kathy Kraninger, Richard Hunt, ” Hunt Organizations: WASHINGTON, Securities and Exchange Commission, SEC, Federal Trade, Consumer Financial Protection Bureau, Progressives, Monday, Biden, FTC, Democratic, Banking Committee, Financial Reform, Consumer Bankers Association, CBA Locations: Georgia
Jan 18 (Reuters) - U.S. President-elect Joe Biden will nominate Gary Gensler to serve as the commissioner of the Securities and Exchange Commission and Federal Trade Commission member Rohit Chopra to head the Consumer Financial Protection Bureau, the campaign said in a statement on Monday. (Reporting by Trevor Hunnicutt and Jan Wolfe; Editing by Toby Chopra)
Persons: Joe Biden, Gary Gensler, Rohit Chopra, Trevor Hunnicutt, Jan Wolfe, Toby Chopra Organizations: Securities and Exchange Commission, Federal Trade, Consumer Financial Protection Bureau
WASHINGTON — President-elect Joe Biden has chosen Rohit Chopra to be the next director of the Consumer Financial Protection Bureau, two sources said. Chopra, a member of the Federal Trade Commission, helped launch the agency in 2011 and previously served as its assistant director. He is an ally of Sen. Elizabeth Warren, D-Mass., who proposed and built the consumer-focused agency. At the consumer bureau, Chopra worked on student loan issues and helped secure funding for people unlawfully targeted by debt collectors, for-profit colleges and others, according to his agency biography. Geoff Bennett reported from Washington and Tim Stelloh from California.
Persons: Joe Biden, Rohit Chopra, Chopra, Sen, Elizabeth Warren, Randi Weingarten, Geoff Bennett, Tim Stelloh Organizations: WASHINGTON, Consumer Financial Protection Bureau, Federal Trade Commission, Bloomberg, American Federation of Teachers, Public Citizen, FTC Locations: Washington, California
BEIJING (Reuters) - China’s economy picked up speed in the fourth quarter, with growth beating expectations as it ended a rough coronavirus-striken 2020 in remarkably good shape and remained poised to expand further this year even as the global pandemic raged unabated. Slideshow ( 4 images )Yet, underscoring the massive COVID-19 impact worldwide, China’s 2020 GDP growth marked its weakest pace since 1976, the final year of the decade-long Cultural Revolution that wrecked the economy. LINGERING RISKS IN 2021Ning Jizhe, head of China’s statistics bureau, told a briefing that there would be many favourable conditions to sustain China’s economic recovery in 2021. This year marks the start of China’s 14th five-year plan, which policymakers see as vital for steering the economy past the so-called “middle income trap”. “But the risk of a technology war between China and some economies remains if the U.S. does not remove some measures.”
Persons: Tingshu Wang Gross, ” Xing Zhaopeng, Ning Jizhe, Joe Biden, ” Wang Jun, , , Iris Pang Organizations: REUTERS, National Bureau, Statistics, ANZ, NBS, President, Zhongyuan Bank, Chinese Academy of Social Sciences Locations: BEIJING, Beijing, China, Shanghai, Wuhan, Washington, COVID, U.S
People cross a street during morning rush hour in front of the skyline of the central business district (CBD) in Beijing, China December 15, 2020. REUTERS/Thomas PeterBEIJING (Reuters) - China’s economic recovery beat analyst expectations in the fourth quarter, expanding 6.5% from a year earlier, data from the National Bureau of Statistics showed on Monday. The gross domestic product (GDP) growth was faster than the 6.1% forecast by economists in a Reuters poll, and followed 4.9% growth in the third quarter. GDP grew 2.3% in 2020, the data showed, making China the only major economy in the world to avoid a contraction last year as many nations struggled to contain the COVID-19 pandemic. On a quarter-on-quarter basis, GDP rose 2.6% in October-December, the bureau said, compared with expectations for a 3.2% rise and a revised 3.0 gain in the previous quarter.
Persons: Thomas Peter BEIJING Organizations: REUTERS, National Bureau, Statistics Locations: Beijing, China
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