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If Trump were indicted and fled, he would go where there's no extradition treaty, legal experts say. The US would be in "uncharted territories" if it sought extradition of Trump, experts say. But the US and Russia have no extradition treaty or formal process through which a wanted person is arrested. Russian officials could agree to entertain Trump's application, which would trigger an international standoff between two countries with an already fraught relationship. If US authorities arrested Trump and won a criminal conviction against him, the former president's political career wouldn't necessarily stop there.
Persons: Trump, Donald Trump, Cyrus Vance Jr, Vance, Vladimir Putin, It's, Biden, Shanlon Wu, Elizabeth Shackelford, Joe Biden, They've, Donald Trump's, he'd, I'm, Kim Jung Un, Susan Walsh, hasn't, Read, Edward Snowden, Phillip Faraone, Kim Jong Un, Kim, Wu, They'd, Julian Assange, Assange, Karen Alter, Alter, Tom Brenner, Fani Willis, Brad Raffensperger, Laurie Levenson Organizations: Service, Manhattan, Trump, State Department, Capitol, White, North, Trump hasn't, US, United Arab Emirates, WIRED25, Russian Embassy, US State Department, Justice Department's, International Affairs, Foreign Relations, US Marshals Service, WikiLeaks, Ecuadorian Embassy, Northwestern University, Investigators, Georgia, Democratic, Loyola University Locations: Russia, Moscow, Washington ,, North Korea, China, Belarus, Saudi Arabia —, Indonesia, Jersey, India, Ireland, Russian, Scottish, United States, Ecuador, Australian, London, Washington , DC, New York City , New York, Fulton County , Georgia, New York, Georgia, Fulton County, Washington
Susan Walsh/Pool via REUTERS/File PhotoWASHINGTON, June 22 (Reuters) - Congressional testimony from Federal Reserve Board Chairman Jerome Powell on Tuesday shows that President Joe Biden's economic plan is working, a White House official said. "But their updated forecasts last week reaffirm that President Biden's economic plan is working and that America is on the move again, and Chairman Powell reiterated this today in his congressional testimony." read moreWhite House officials kept a close watch on the testimony, along with U.S. markets, with Republicans arguing loudly that Biden's economic plans are to blame for recent price increases. White House officials declined to comment on that process. The Fed was also forecasting unemployment of 4.5%, down a full two percentage points from its forecast a year ago, the White House official said.
Persons: Jerome Powell, Susan Walsh, Joe Biden's, Biden's, Powell, Biden, White, , Biden’s, Andrea Shalal, Rosalba O'Brien Organizations: Capitol, WASHINGTON, Federal Reserve, White, U.S, White House, Thomson Locations: Washington , U.S, America
Fed's Powell sees 'sustained improvement' in economy, notable rise in inflation
  + stars: | 2021-06-21 | by ( ) www.reuters.com sentiment -0.98   time to read: +1 min
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, U.S., December 1, 2020. In his remarks, which were released by the Fed late Monday afternoon, Powell said he regards the current jump in inflation, in fact, as likely to fade. "We at the Fed will do everything we can to support the economy for as long as it takes to complete the recovery," Powell said. Powell is scheduled to testify on Tuesday before the U.S. House of Representatives Select Subcommittee on the Coronavirus Crisis. Its chairman, South Carolina Democrat James Clyburn, chided Powell last year for not more closely tuning Fed emergency programs to workers.
Persons: Jerome Powell, Susan Walsh, Powell, joblessness, South Carolina Democrat James Clyburn, Howard Schneider, Paul Simao Organizations: Capitol, WASHINGTON, Fed, Blacks, . House, South, South Carolina Democrat, Thomson Locations: Washington , U.S, U.S, South Carolina
Trump endorses Murkowski challenger in 2022 Senate race
  + stars: | 2021-06-18 | by ( David Morgan | ) www.reuters.com sentiment -0.99   time to read: +2 min
Sen. Lisa Murkowski, R-Alaska, listens during a U.S. Senate Health, Education, Labor and Pensions Committee hearing in Washington, U.S., March 18, 2021. Tshibaka, the former state administration commissioner, launched her campaign in March with a vow to defeat Murkowski in the 2022 election and has already enlisted the help of former Trump advisers. "I am honored and grateful to have the support of the 45th President of the United States, Donald J. Trump," Tshibaka tweeted. Murkowski voted to convict Trump of inciting the deadly Jan. 6 Capitol riot, in which his supporters attacked Congress in an effort to stop certification of the 2020 election. The Alaska Republican Party later censured Murkowski and pledged to recruit a challenger to oppose her.
Persons: Sen, Lisa Murkowski, Susan Walsh, Donald Trump, Kelly Tshibaka, Tshibaka, Murkowski, Trump, Trump's, Joe Biden's, Donald J, David Morgan, Andy Sullivan, Jonathan Oatis Organizations: U.S, Senate Health, Education, Labor, WASHINGTON, Trump, Republican, Tea Party, Republicans, Democratic, Congress, Alaska Republican Party, Thomson Locations: Alaska, Washington , U.S, Tshibaka, United States
Biden Names Ambassadors for Mexico and Israel
  + stars: | 2021-06-15 | by ( Annie Karni | Madeleine Ngo | ) www.nytimes.com + 0.00   time to read: +43 min
Ken Salazar, who served as interior secretary in the Obama administration, was nominated by President Biden to be ambassador to Mexico. Credit... David Zalubowski/Associated Press President Biden on Tuesday announced his long-awaited first slate of ambassadors, including his nominees for key posts in Mexico and Israel, as he made his first trip abroad since taking office. Mr. Sullenberger was one of nine ambassador nominees Mr. Biden announced on Tuesday. Mr. Biden is also likely to raise the issue of the detention of Aleksei A. Navalny, the ailing opposition leader. Aides to Mr. Biden say he and Mr. Putin will spend a good amount of time debating “strategic stability,” shorthand for containing nuclear escalation.
Persons: Biden, Ken Salazar, Obama, David Zalubowski, Thomas R, Morgan Stanley, Barack Obama, Mr, Nides’s, Nides, , Ilan Goldenberg, Nicholas Burns, Eric Garcetti, India —, Gordon Granger, Montinique Monroe, Biden’s, Chuck Schumer, Abraham Lincoln, Judge Terry A, Doughty, Jeff Landry, Landry, Judge Doughty, Deb Haaland, , Chesley Sullenberger, Chesley Sullenberger III, Andrew Harnik, Associated Press Chesley B, Sullenberger, Sully, Sullenberger’s, jetliner, “ We’ve, David A, Paterson, we’ve, “ Sully, Clint Eastwood, Tom Hanks, Donald J, Trump, ” Mr, Donald Trump, Kenny Holston, ” Christopher A, Wray, Carolyn B, Maloney, Ms, Parler, “ Don’t, “ Trump, “ I’m, Emily Cochrane, Wednesday’s Biden, Putin, Vladimir V, Doug Mills, Aleksei A, Guy Parmelin of, Antony J, Blinken, Sergey V, Lavrov, Navalny, hobble Russia’s, Joe Biden, Vladimir Putin, Sean Gallup, cyberconflict, Pete Marovich, Muriel Bowser, Washington, ” Ms, Bowser, ” Jen Psaki, we’re, We’ve, ” Lazaro Gamio, Daniel E, Slotnik, Lina Khan, Graeme Jennings, Khan, Tyler Hicks, Al Shabab, John F, Lloyd J, Austin III, Eric Schmitt, Katherine Tai, Valdis Dombrovskis, “ I’ve, Steven Erlanger, William P, Barr, Anna Moneymaker, Barr’s, Jeffrey A, Rosen, Mark Meadows, Trump’s, Susan Walsh, Mike Pompeo, Biden “, Sean Hannity, Putin “, Joe, “ Putin, , Pompeo, Chancellor Angela Merkel of Germany, We’re, Ben Sasse, Sasse, “ Biden, Tom Cotton, Jen Psaki, Joe Manchin III, Stefani Reynolds, Democrats —, Mike Mansfield, Manchin, Mitch McConnell of, Angus King of Maine, Samuel Corum, QAnon, Q’s Organizations: Biden, Associated Press, Tuesday, Interior Department, Middle, White, State Department, Middle East Security, Center, New, New American Security, Foreign Service, NATO, The New York, District of Columbia, Juneteenth, Leadership Conference, Wildlife Refuge, Fish, Wildlife Service, U.S, Western, Western District of, Republican, United Nations ’ Council, International Civil Aviation Organization . Credit, of, International Civil Aviation Organization, United, Hudson ., , Hudson, Mr, Lincoln Project, Trump, Air Force, Capitol, The New York Times, New York Democrat, National Guard, Capitol Police, Washington, Army, ., New York Times, Villa, Grange, Group, Office, Intergovernmental Affairs, National Parks Service, World Health Organization, White House, Big Tech, Federal Trade Commission, Open Markets, Amazon, Facebook, Google, Apple, Pentagon, Special Forces, Al, Kirby, Defense, European Union, Boeing, Airbus, Justice Department, Supreme, Republicans, Associated, Fox, Fox News, Republican Party, Texas Democrats, Democratic, Democrats, Texas Legislature, Texans, Texas, Senate, Department of Homeland Security, The Associated Press Locations: Mexico, Israel, Europe, Colorado, New American, China, Los Angeles, India, Galveston , Texas, United States, . Texas, . U.S, Louisiana, Western District, Western District of Louisiana, Alabama, Alaska , Arkansas, Georgia , Mississippi , Missouri, Montana , Nebraska , Oklahoma , Texas , Utah, West Virginia, Hudson, United Nations, New York, Geneva, Russia, Brussels, Moscow, Lake Geneva, Guy Parmelin of Switzerland, Hamburg, Russian, East Coast, Cornwall, England, Southern, United, Silicon Valley, Washington ., Somalia, Mogadishu, Al Qaeda, Africa, Afghanistan, Turkey, U.S, Washington, Michigan, Texas, Italian, Osaka, Japan, Biden’s, America, American, Nebraska, Arkansas, Austin, , Mitch McConnell of Kentucky, QAnon
U.S., Taiwan officials discuss trade, plan meeting 'in coming weeks'-USTR
  + stars: | 2021-06-10 | by ( ) www.reuters.com sentiment -0.98   time to read: +2 min
U.S. Trade Representative Katherine Tai testifies before the Senate Finance Committee on Capitol Hill in Washington, U.S., May 12, 2021. Susan Walsh/Pool via REUTERS/File PhotoUnited States Trade Representative Katherine Tai discussed trade and investment issues with Taiwan minister John Deng on Thursday and agreed to convene a meeting of the countries' Trade And Investment Framework Agreement Council "in coming weeks", Tai's office said in a statement. "Ambassador Tai emphasized the importance of the U.S.-Taiwan trade and investment relationship and explained the Biden-Harris administration's worker-centered trade priorities," USTR said. Taiwan has long angled for a free trade deal with the United States, but trade and investment talks between the two have been stalled since the Obama administration. The outcome could affect trade talks with Washington.
Persons: Katherine Tai, Susan Walsh, John Deng, Tai, Harris, USTR, Antony Blinken, Biden, Obama, Barack Obama, Donald Trump's, Robert Lighthizer Organizations: Trade, Senate, Capitol, United States Trade, U.S ., Biden, Reuters, American Institute, Cultural, World Trade Organization, New Zealand, Washington, Thomson Locations: Washington , U.S, Taiwan, U.S, Washington, Beijing, United States, Taipei, China, Singapore, New
Fed’s inflation-messaging dilemma worsens
  + stars: | 2021-06-10 | by ( ) www.reuters.com sentiment -1.00   time to read: +1 min
Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington, December 1, 2020. Susan Walsh/Pool via REUTERSAccelerating U.S. inflation is a communication, rather than an economic, problem for Federal Reserve Chair Jerome Powell . Consumer prices rose 5% in May from a year earlier, the highest annual rate since 2008, data showed on Thursday. Even the core rate, which strips out food and energy prices, was up 3.8%, a three-decade high. Used car and truck prices jumped by 7.3%, bolstered by fleet purchases by rental-car firms due to shortages of new vehicles.
Persons: Jerome Powell, Susan Walsh, Powell, Gina Chon Organizations: Federal, Capitol, European Central Bank, Big Tech Locations: Washington, U.S, France
U.S. Attorney General defends backing Trump claim in defamation case
  + stars: | 2021-06-09 | by ( Sarah N. Lynch | ) www.reuters.com sentiment -0.99   time to read: +2 min
Attorney General Merrick Garland testifies before the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies during a hearing on Capitol Hill in Washington, U.S., June 9, 2021. Susan Walsh/Pool via REUTERSWASHINGTON (Reuters) - U.S. Attorney General Merrick Garland on Wednesday defended a decision by the Justice Department to continue to defend Donald Trump against a lawsuit by a writer who accused him of raping her decades ago and defaming her during his presidency. “The job of the Justice Department in making decisions of law is not to back any administration, previous or present. Our job is to represent the American people,” Garland said during testimony before a U.S. Senate appropriations panel. The department in that case is seeking to keep under wraps portions of a memo which was presented to Barr as he weighed how to handle the question of whether there was evidence to suggest that Trump had obstructed justice during Mueller’s probe.
Persons: Merrick Garland, Susan Walsh, General Merrick Garland, Donald Trump, , ” Garland, Garland, E, Jean Carroll, Trump, William Barr, Barr, Robert Mueller Organizations: Commerce, Justice, Science, Capitol, REUTERS WASHINGTON, U.S, Justice Department, Republican Trump, Trump Locations: Washington , U.S, Russia
Democratic Sen. Joe Manchin of West Virginia. THE OTHER JOE: Sen. Joe Manchin has once again put his Democratic colleagues on notice. : Manchin has said he supports reauthorization of the Voting Rights Act named after Rep. John Lewis, who died last year. Vice President Kamala Harris and Guatemala's minister of foreign affairs, Pedro Brolo, in Guatemala City on Sunday. Today's trivia question: On the heels of Harris' trip, who was the first sitting vice president to venture abroad?
Persons: Democratic Sen, Joe Manchin, Susan Walsh, Sen, Manchin, Joe Biden, Gabe Fleisher, Dick Durbin, Raphael Warnock of, John Lewis, Lisa Murkowski, Chris Wallace, Kamala Harris, Pedro Brolo, Jim Watson, Harris, Alejandro Giammattei, Trump, Donald Trump, Virginia Foxx, Philip Morris, John Hickenlooper's, Robin Pringle Hickenlooper, Jon Ossoff, Shin, Nadav Argaman, Benjamin Netanyahu's, Mr, Netanyahu, Naftali Bennett, , Janet Yellen, Meg Darling, Marianne Ayala, Barney Dale Harris, retraces Harris, Prince Harry, Meghan Markle, Duke, Duchess of Sussex, Lilibet, Diana Mountbatten, Queen Elizabeth II, Princess Diana Organizations: Justices, Democratic, Charleston Gazette, Illinois, Democrats, Lawmakers, GOP, Fox News, Getty, Associated Press, North Carolina Republican Party, CNN, Republican, Altria, Inc, Philip Morris USA, Apple, Biden's, Independence, Washington Post, Authorities, Yosemite National Locations: West Virginia, Raphael Warnock of Georgia, bipartisanship, Obamacare, Guatemala City, AFP, Guatemala, Mexico, North Carolina, Georgia, Canada, France, Germany, Italy, Japan, Alamance County, Nebraska, Thailand, Santa Barbara , California, Windsor, Lilibet's
WASHINGTON — When President Barack Obama abandoned a public insurance option to win moderate support for the Affordable Care Act in 2009, progressives were enraged. Making a public option the law would require significant legislative work to flesh out. Senate Democratic aides working on a public option acknowledge that the drug issue has more momentum for now. It’s that it’s not ready for prime time,” Frederick Isasi, executive director of the health care advocacy group Families USA, said. There is some movement on a public option at the state level, where Nevada is set to create a new government insurance plan.
Persons: WASHINGTON, Barack Obama, Joe Biden, , , Alex Lawson, Sen, Patty Murray, Frank Pallone, John Moore, Shalanda Young, Susan Walsh, Tim Kaine, Virginia, Michael Bennet of Colorado, Biden, ” Kaine, ” Ben Nelson, ” Nelson, Bernie Sanders, ” Larry Levitt, Nancy Pelosi, “ It’s, it’s, ” Frederick Isasi, Joe Manchin, Biden’s, ” Sen, Chris Murphy, Conn Organizations: Affordable, NBC News, White, Social Security, Democratic, Remote Area Medical, Medicare, Progressives, Congressional Progressive Caucus, Family Foundation, ACA Locations: Wise, Va, there’s, Nebraska, Nevada, Washington
Fed's Powell says does not seek to set climate policy for U.S
  + stars: | 2021-06-04 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: 1 min
FILE PHOTO: Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS/File PhotoWASHINGTON (Reuters) - The Federal Reserve does not seek to set climate policy for the U.S. and the issue, while of long-term economic concern, does not currently influence monetary policy, Fed chair Jerome Powell said on Friday. “Climate change is not something we directly consider in setting monetary policy,” Powell said at a panel discussion with other global central bankers. “Central banks can play an important role in building and analysis. ..to quantify the risks...But we are not and we don’t seek to be climate policymakers as such,” a role that should be left to elected officials, Powell said.
Persons: Jerome Powell, Susan Walsh, ” Powell, Powell Organizations: Committee, Capitol, WASHINGTON, Federal, U.S Locations: Washington , U.S
Powell says Fed does not seek to set climate policy for U.S
  + stars: | 2021-06-04 | by ( Howard Schneider | ) www.reuters.com sentiment -0.99   time to read: +2 min
FILE PHOTO: Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS/File PhotoWASHINGTON (Reuters) -The Federal Reserve does not seek to set climate change policy for the United States and the issue, while of long-term economic concern, does not currently influence monetary policy, Fed chair Jerome Powell said on Friday. “Climate change is not something we directly consider in setting monetary policy,” Powell said at a panel discussion on how the financial sector might address climate risks. It has begun conducting more research on the implications of climate change for the economy. U.S. climate policy “is not a question for the Federal Reserve,” Powell told the panel, but needed likely decades of effort and “bold national response” led by elected officials, not the appointed officials of the Fed.
Persons: Jerome Powell, Susan Walsh, ” Powell, Powell, Powell’s, Yi Gang Organizations: Committee, Capitol, WASHINGTON, Federal, People’s Bank of China, Fed, Network, Greening, Congressional Republicans, Federal Reserve Locations: Washington , U.S, United States, Europe, China
Democratic lawmakers will introduce a bill late Wednesday to make permanent a temporary children’s summer food program created because of the pandemic. "Every year, we run one of the USDA Summer Food Service Programs, which is heavily focused on lunch. The USDA estimated the new summer program would cost about $12 billion annually. Democrats are hoping that will increase political pressure to pass the bill and make the food program permanent. USDA pilot programs that ran between 2011 and 2014 showed the proposed summer programs to be effective.
Persons: Biden, , , Sen, Patty Murray, ” Sen, Susan Walsh, Murray, Mike Levin, Jahana Hayes, Conn, We'll, Michael Flood, Frederic J . Brown, we've, Joe Biden, Parke Wilde, Wilde, James Ziliak, ” Ziliak, Ziliak Organizations: American Rescue, America, U.S . Department of Agriculture, USDA, Food Service, Los Angeles Regional Food Bank, Getty, Health, Education, Labor, Pensions, Nutrition, Republicans, Tufts University’s Friedman, of Nutrition Science, , American, Plan, University of Kentucky Locations: Willowbrook, Calif, AFP, Manhattan
The DOJ and CIA worry the lawsuit will reveal US secrets and may intervene, The Washington Post said. The Biden administration may involve itself in a civil lawsuit targeting Saudi Crown Prince Mohammed bin Salman because it fears US secrets could be revealed in court, The Washington Post's David Ignatius reported. Michael Kellogg, MBS's lawyer, filed a motion to dismiss al-Jabri's claim in December, arguing that the crown prince is immune from US prosecution as a head of state. A composite image of Crown Prince Mohammed and President Joe Biden. Then-President Barack Obama, then-Crown Prince Mohammed bin Nayef, and then-Deputy Crown Prince Mohammed bin Salman at the White House in May 2015.
Persons: Saad al, Jabri, Biden, Prince Mohammed bin Salman, Washington Post's David Ignatius, Crown Prince Mohammed, Mohammed bin Nayef, Michael Kellogg, Prince Mohammed, Joe Biden, Susan Walsh, Read, Barack Obama, Prince Mohammed bin Nayef, Crown Prince Mohammed bin Salman, Chip Somodevilla, Al, Omar, Sarah al Organizations: CIA, DOJ, Washington Post, Saudi, Crown, Saudi Interior Ministry, AP, Sputnik, AFP, MBS, United States Government, Post, Justice, Congressional Research, The Post, White House Locations: Saudi, Canada, Washington, Toronto, Saudi Arabia, Massachusetts, Riyadh
The United States earlier this month cleared the way for the use of the COVID-19 vaccine from Pfizer Inc (PFE.N) and partner BioNTech SE in adolescents aged 12 and above. read moreFauci also noted the need for a COVID-19 booster shot within a year or so after getting the primary shot. Pfizer Chief Executive Officer Albert Bourla at the event said there is likely a need for booster shots between 8-12 months. In April, Bourla told CNBC people will "likely" need a third booster dose of COVID-19 vaccines within 12 months. Scientists, however, are questioning the need for COVID-19 booster shots due to a lack of data to make an informed decision.
Persons: Anthony Fauci, Susan Walsh, Albert Bourla, Bourla, Fauci Organizations: National Institute of Allergy, United, Pfizer Inc, coronavirus, Pfizer, CNBC, Thomson Locations: Washington , U.S, United States
FILE PHOTO: U.S. Trade Representative Katherine Tai testifies before the Senate Finance Committee on Capitol Hill in Washington, U.S., May 12, 2021. Susan Walsh/Pool via REUTERSWASHINGTON (Reuters) - U.S. Trade Representative Katherine Tai on Tuesday urged her Mexican and Canadian counterparts to work together to “implement, enforce and fulfill the terms” of the U.S.-Mexico-Canada Agreement to maintain political support for the new trade deal. Tai, in remarks delivered to the first minister-level meeting to review the USMCA’s implementation, said the three countries must take action to make it successful. “For this agreement to be durable, it must serve the needs of everyday people – not just in the United States, but in Mexico and Canada as well. That will only happen if we deliver on our promises,” Tai said.
Persons: Katherine Tai, Susan Walsh, ” Tai Organizations: . Trade, Senate, Capitol, REUTERS WASHINGTON Locations: Washington , U.S, U.S, Mexico, Canada, United States
WASHINGTON (Reuters) -Trade ministers from the United States, Canada and Mexico said on Tuesday they held “robust” talks on the new North American trade deal and pledged to fully enforce its higher standards, while downplaying differences over a range of other irritants. FILE PHOTO: U.S. Trade Representative Katherine Tai testifies before the Senate Finance Committee on Capitol Hill in Washington, U.S., May 12, 2021. The statement came after U.S. Trade Representative Katherine Tai met virtually with Mexican Economy Minister Tatiana Clouthier and Canadian Trade Minister Mary Ng in the initial meeting of the governing body for the trade deal, which regulates some $1.5 trillion in annual North American trade. “For this agreement to be durable, it must serve the needs of everyday people – not just in the United States, but in Mexico and Canada as well. She also said Mexico asked the United States to review its ground transportation rules to ensure that Mexican truckers had access to the U.S. market - a longtime complaint from Mexico City.
Persons: Katherine Tai, Susan Walsh, Tatiana Clouthier, Mary Ng, Tai, ” Tai, Ng, , Luz Maria de la Mora, , Trump, Tuesday’s Organizations: WASHINGTON, . Trade, Senate, Capitol, U.S . Trade, Mexican, Canadian Trade, American Free Trade, Tai chiding, U.S, General Motors Co Locations: United States, Canada, Mexico, American, Washington , U.S, Tai chiding Canada, U.S, Mexico City, San Antonio, States, Mexican, Silao
FILE PHOTO: U.S. Trade Representative Katherine Tai testifies before the Senate Finance Committee on Capitol Hill in Washington, U.S., May 12, 2021. Susan Walsh/Pool via REUTERS(Reuters) - The United States, Mexico and Canada will next week hold their first formal talks on a new continental trade deal, with particular focus on labor and environment obligations, the U.S. government said on Friday. Trade ministers from the three nations are set to meet virtually on Monday and Tuesday to discuss the U.S.-Mexico-Canada (USMCA) deal, which came into effect in July 2020. “The ministers will receive updates about work already underway to advance cooperation ... and will hold robust discussions about USMCA’s landmark labor and environmental obligations,” the office of U.S. Trade Representative Katherine Tai said in a statement. The United States, testing provisions in the new deal that aim to strengthen Mexican unions, this week asked Mexico to probe alleged abuses at a General Motors factory.
Persons: Katherine Tai, Susan Walsh, Organizations: . Trade, Senate, Capitol, REUTERS, Reuters, General Motors Locations: Washington , U.S, United States, Mexico, Canada, U.S
FILE PHOTO: U.S. Trade Representative Katherine Tai testifies before the Senate Finance Committee on Capitol Hill in Washington, U.S., May 12, 2021. Susan Walsh/Pool via REUTERS(Reuters) -The United States, Mexico and Canada will next week hold their first formal talks on their continental trade deal, with particular focus on labor and environmental obligations, the U.S. government said on Friday. Trade ministers from the three nations are set to meet virtually on Monday and Tuesday to discuss the U.S.-Mexico-Canada (USMCA) deal, which took effect in July 2020. “The ministers will receive updates about work already underway to advance cooperation ... and will hold robust discussions about USMCA’s landmark labor and environmental obligations,” the office of U.S. Trade Representative Katherine Tai said in a statement. The United States, testing provisions in the new deal aimed at strengthening Mexican unions, this week asked Mexico to investigate alleged abuses at a General Motors Co factory.
Persons: Katherine Tai, Susan Walsh, , Cecilia Rouse Organizations: . Trade, Senate, Capitol, REUTERS, Reuters, White, General Motors Co Locations: Washington , U.S, United States, Mexico, Canada, U.S
FILE PHOTO: U.S. Trade Representative Katherine Tai testifies before the Senate Finance Committee on Capitol Hill in Washington, U.S., May 12, 2021. Susan Walsh/Pool via REUTERSWASHINGTON (Reuters) - U.S. Trade Representative Katherine Tai said on Thursday that she believes solutions to trade disputes with the European Union on aircraft subsidies and steel and aluminum tariffs “are within reach.”Tai told the U.S. House of Representatives Ways and Means Committee that she is “very serious” about resolving the 17-year Boeing-Airbus World Trade Organization dispute over subsidies within a four-month tariff truce due to expire this summer. President Joe Biden’s trade chief also told lawmakers that the administration needs to rethink Trade Promotion authority -- the “fast-track” negotiating authority for trade deals that expires on July 1 -- to make it more relevant to a U.S. economy that is recovering from the COVID-19 pandemic.
Persons: Katherine Tai, Susan Walsh, ” Tai, Joe Biden’s Organizations: . Trade, Senate, Capitol, REUTERS WASHINGTON, European Union, U.S . House, Boeing, Airbus World Trade Organization Locations: Washington , U.S, U.S
Live Gas Prices Continue to Rise as Pipeline Resumes Operations: Live Updates RIGHT NOW Tesla’s U-turn on Bitcoin raises questions of the cryptocurrency’s stability. Gasoline supplies vary from state to state along the pipeline, in part because some places have more storage than others. The Colonial Pipeline The pipeline can carry roughly three million barrels of fuel a day over 5,500 miles from Texas to New York. The U.S. Chamber of Commerce and many Republicans have argued that a temporary $300-a-week federal unemployment supplement has made workers reluctant to return to the job. “There are still major supply constraints and unemployment benefits are not the most important one.
Persons: Octavio Jones, Biden, Mr, Jones, Md . Ohio Baltimore Ind . Washington W.Va, Richmond Kan, Ind . Baltimore Washington, Richmond Mo, CONN, Okla . Chattanooga Charlotte S.C, ” Jen Psaki, , , Jeanette McGee, David E, Sanger, Michael D, Shear, Elon Musk, Tesla, Susan Walsh, Associated Press Elon Musk, ” Paul Donovan, Zach Kirkhorn, “ Elon, wasn’t, Musk, “ Tesla, Musk’s, Bitcoin, cryptocurrency, Jacob Moscovitch, Heidi Shierholz, Spencer J, Cox, Gregory Daco, Daco, “ You’re, Bao, Laney Pope, John Yoon, Alex Lemonides, Jonathan Drake, CoinDesk, Alibaba, Thomas Peter, Alibaba’s, Daniel Zhang, Zhang Organizations: Pipeline, Dow, Reuters, Colonial Pipeline, Operations, Nationwide, AAA, White, of Energy and Homeland Security, , Colonial, . New York Iowa Pa, Md . Ohio Baltimore Ind ., Va . Raleigh Knoxville Nashville Tenn, Charlotte Chattanooga Ark, Atlanta Birmingham Miss, Texas Baton, Texas Baton Rouge Houston New Orleans Fla ., Texas Baton Rouge Houston New Orleans Fla . Maine Minn, N.J ., Ind ., Ind . Baltimore Washington Del, S.C, Atlanta Birmingham Texas, Baton Rouge, Baton Rouge Houston New Orleans Fla ., Baton Rouge Houston New Orleans Fla . maine minn, Pa . Iowa New, Baltimore Ill ., Knoxville Nashville Raleigh Tenn, Okla . Chattanooga Charlotte, Birmingham Atlanta Miss, Houston New, White House, Federal Bureau of Investigation, Associated Press, UBS, Boring Company, SpaceX, The New York Times, Labor Department, Institute, U.S . Chamber of Commerce, , Utah, Oxford Economics, Center for Budget, Nasdaq, Nikkei, U.S, Consumer, Bloomberg, Federal Reserve, Commodities, New Jersey . West Texas Intermediate, Revenue, Sun Locations: St . Petersburg, Fla, Texas, New Jersey, South Carolina, Georgia, Tennessee, Virginia , North Carolina, Gulf, New York, Atlantic, R.I, N.D, Maine Del, MINN . Vt, S.D . Wis, N.Y, Mich, Conn, R.i, . New York Iowa, Neb . N.J, Philadelphia, Md . Ohio, Md . Ohio Baltimore Ind . Washington, Mo . Norfolk Ky, Va . Raleigh, N.C, Okla, Charlotte, Atlanta, Ala, La, Ga, Texas Baton Rouge Houston New Orleans Fla, Texas Baton Rouge Houston New Orleans Fla . Maine, Vt, N.H, Wis, Mass, Pa . Iowa, York Neb, N.J, N.J . Philadelphia Ohio, Ill, Ind, Ind . Baltimore, W.Va, Kan, Norfolk Ky, Baton, Baton Rouge Houston New Orleans Fla, Baton Rouge Houston New Orleans Fla . maine, vt, wis, r.i, Pa . Iowa New York Philadelphia Ohio, Baltimore, Baltimore Ill . Washington, Del . Va . D.C, Knoxville, Ark, Okla . Chattanooga, Texas Ala, Houston, Houston New Orleans Fla, , Chapel Hill, Eastern Europe, Russia, Bitcoin, United States, Tesla’s, Columbia, Mo, Alabama , Arkansas, Georgia , Idaho , Iowa , Mississippi , Missouri, Montana , North Dakota, South Dakota , Tennessee , Utah, Wyoming, ” Mississippi, Alabama, Mississippi, Reuters U.S, Europe, Japan, Hong Kong, U.S, China
Fraudsters stole almost $44,000 just before the 2020 election from the Republican National Committee — the latest in a string of thefts from prominent federal political operations. Read more: Thieves stole at least $2.7 million from federal political committees during the 2020 election cycle. More recently, thieves took more than $8,000 from former Rep. Tulsi Gabbard's old Democratic presidential campaign committee and used them to book Airbnb properties. Read more: Google's political committee quits its effort to recoup stolen moneyArchiPAC, the political action committee of the American Institute of Architects, in February reported more than $23,000 in "unauthorized disbursements" from its account. The FEC advises political committees that experience a "misappropriation" to immediately contact law enforcement.
Persons: Fraudsters, Ronald C, Kaufman, Emma Vaughn, AMEX, Vaughn, Erin Chlopak, Read, ProPublica, Richard Walters, Joe Biden's, Susan Walsh, , Tulsi Gabbard's, ArchiPAC, Matt Tinder, Tinder Organizations: RNC, Republican National Committee, Federal, Commission, RNC American Express, EZ, MidWest, Service, Tea, Red, Nordstrom, AP, Republican Party of Wisconsin, Democratic, American Institute of Architects, FEC Locations: Pennsylvania, Kansas, MidWest, Fairfax , Virginia
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, U.S., December 1, 2020. "The economy is reopening, bringing stronger economic activity and job creation," Powell said in remarks prepared for delivery at a conference of the National Community Reinvestment Coalition. "That is the high-level perspective - let’s call it the 30,000-foot view - and from that vantage point, we see improvement. About 20% of people aged 25 to 54 - the prime working years for U.S. adults - without a four-year college degree were laid off in 2020, versus 12% for those with at least a bachelor's degree. About 14% of whites in their prime working years were laid off at some point last year compared to 20% or more for Blacks and Hispanics in that group, Powell said.
Persons: Jerome Powell, Susan Walsh, Powell Organizations: Capitol, National Community Reinvestment Coalition, Household, Blacks, Thomson Locations: Washington , U.S, U.S
Bill Gates is determined for his children to forge their own paths in life. In 2011, he told The Daily Mail that his kids would each get a "minuscule portion" of his wealth, which Forbes estimates stands at $130.5 billion. "It will mean they have to find their own way," he said. Bill Gates participates in a media availability on agricultural research, Thursday, March 13, 2014. Susan Walsh/APSource: The Daily Mail, CNBC, Forbes
Persons: Bill Gates, Susan Walsh Organizations: Daily Mail, Forbes, CNBC
Next up for Fed's Powell and the taper test: 'string' theory
  + stars: | 2021-04-29 | by ( Ann Saphir | ) www.reuters.com + 0.00   time to read: +3 min
(Reuters) - The list of what will get Federal Reserve Chair Jerome Powell to start thinking about cutting back on the central bank’s support for the U.S. economy is a short one: jobs, jobs and more jobs. “We don’t have to get all the way to our goals to taper asset purchases - we just need to make substantial further progress,” Powell said. That’s because an all-but certain move higher in inflation readings in coming months will carry “no implication” for Fed policy, Powell said, because it will reflect transitory pressures that will soon unwind. Powell also beat back any notion that the Fed’s decision on tapering will depend specifically on virus cases or vaccination rates. “We have not articulated a separate test for the state of the virus that we would like to achieve,” Powell said Wednesday.
Persons: Jerome Powell, Susan Walsh, Powell, , Karim Basta, , ” Powell, James Knightley, ING’s, unwind, Louis, James Bullard, “ we’ve, we’d Organizations: Reuters, Committee, Capitol, III Capital Management, Louis Fed Locations: U.S, Washington , U.S
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