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☆ FBI chief Wray defends against US House Republicans' accusations
▼ + stars: | 2023-07-12 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +3 min

Wray appeared before the Republican-led U.S. House of Representatives Judiciary Committee panel for the first time since former President Donald Trump was indicted for retaining highly classified documents and obstructing justice. Republicans have repeatedly accused the FBI and other federal agencies of "weaponizing" their law enforcement and regulatory powers to silence critics on the right, target political enemies and protect political allies. House Republicans have claimed without evidence that the documents case against Trump is politically motivated. "Absolutely not," replied Wray, a fellow Republican who has increasingly become the target of Republicans' wrath. "The idea that I am biased against conservatives seems somewhat insane to me, given my own personal background," Wray said.

Persons: Chris Way, Hunter Biden, Wray, Donald Trump, Joe Biden's, Hunter, General Merrick Garland, Christopher Wray, Jonathan Ernst, Matt Gaetz, Trump, Terry Doughty, Biden, Sarah N, Lynch, Scott Malone, Susan Heavey Organizations: Republicans, Republican, House, FBI, House Republicans, Trump, U.S, Federal Bureau of, Capitol, REUTERS, District, Wednesday, Thomson Locations: Washington , U.S, Louisiana, Missouri, U.S

WASHINGTON, June 20 (Reuters) - U.S. District Judge Aileen Cannon has set an initial trial date of Aug. 14 in Florida on former President Donald Trump's federal charges of willful retention of classified government records and obstruction of justice, according to a court order on Tuesday. The Justice Department's special counsel in the case, Jack Smith, promised a speedy trial after a 37-count indictment charging Trump with willfully retaining classified government records and obstructing justice. Trump's lawyers and a U.S. Justice Department spokesperson did not immediately return requests for comment. The order from U.S. Magistrate Judge Bruce Reinhart also put strict conditions on Trump's access to the materials. Reporting by Susan Heavey, Jacqueline Thomsen, Sarah N. Lynch; Writing by by Doina Chiacu; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Aileen Cannon, Donald, Department's, Jack Smith, Trump, Bruce Reinhart, Susan Heavey, Jacqueline Thomsen, Sarah N, Lynch, Doina Chiacu, Daniel Wallis Organizations: U.S . Justice, Thomson Locations: Florida, U.S, Miami

The president's son has worked as a lobbyist, lawyer, investment banker and artist, and has publicly detailed his struggles with substance abuse. Hunter Biden disclosed in December 2020 that Weiss's office was investigating his tax affairs. President Biden has long expressed support and pride in his son for overcoming his addiction. The corrupt Biden DOJ just cleared up hundreds of years of criminal liability by giving Hunter Biden a mere 'traffic ticket.' President Biden has two surviving children, Hunter Biden and daughter Ashley Biden.

Persons: Joe Biden's, Hunter Biden, David Weiss, Donald Trump, Trump, Christopher Clark, Hunter, Clark, " Hunter Biden, Biden, Ian Sams, Weiss, James Comer, Comer, Ashley Biden, Beau Biden, Naomi Biden, Aaron Crawford, Crawford, George H.W, Bush's, Neil, Richard Nixon's, Don, Howard Hughes, Sarah N, Lynch, Jeff Mason, Trevor Hunnicutt, Susan Heavey, Tom Hals, Moira Warburton, Doina Chiacu, Heather Timmons, Jonathan Oatis Organizations: Democratic, Republican, U.S . Navy Reserve, Reuters, . Treasury, Republicans, Biden DOJ, University of Tennessee, Thomson Locations: U.S, Delaware, Ukraine, China, Washington, Wilmington , Delaware

☆ How to tell your company has layoffs planned. Some signs ‘will send shivers down your spine,’ career expert says
▼ + stars: | 2023-06-20 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Amazon, Dropbox and Lyft had the biggest layoffs in the tech industry for April. Google and Meta Platforms are responsible for the most tech layoffs since the pandemic, according to Layoffs.fyi. Look at WARN notices in your stateSo-called WARN notices can help workers figure out if layoffs are coming, Vivian Tu, a former trader turned influencer who goes by "Your Rich BFF," said in a March Instagram video. However, sometimes companies can avoid releasing these notices by spreading out the layoffs, said Susan Houseman, director of research for the W.E. "So maybe you're going to lay off 75, say you lay off 40 one month and 26 the next to avoid WARN notice," she said.

Persons: Daniel Grill, —, José Fernández, Lyft, Vivian Tu, influencer, BFF, Susan Houseman, Houseman Organizations: Challenger, Retailers, University of Louisville, Google, Worker, . Upjohn Institute, Employment Research

[1/3] Ugandan students hold placards as they participate in a peaceful walk to appreciate President Yoweri Museveni for signing the new anti-homosexuality law in Kampala, Uganda May 31, 2023. REUTERS/Abubaker Lubowa/File PhotoWASHINGTON, June 16 (Reuters) - The United States has imposed visa restrictions on Uganda officials after the African nation passed an anti-LGBTQ law that was condemned by many countries and the United Nations, the U.S. State Department said on Friday. U.S. President Joe Biden had threatened aid cuts and other sanctions, while Secretary of State Antony Blinken said last month the government would consider visa restrictions against Ugandan officials. "The United States strongly supports the Ugandan people and remains committed to advancing respect for human rights and fundamental freedoms in Uganda and globally," the State Department said. The law also imposes a life sentence for same-sex intercourse and a 20-year sentence for promotion of homosexuality.

Persons: Yoweri Museveni, Abubaker, Joe Biden, Antony Blinken, Kanishka Singh, Susan Heavey, Bill Berkrot Organizations: REUTERS, WASHINGTON, United, United Nations, U.S . State Department, The, Department, State Department, Thomson Locations: Kampala, Uganda, United States, U.S, Washington

☆ U.S., Japan, Philippines discuss South China sea, North Korea
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, June 16 (Reuters) - The national security advisers of the United States, Japan and the Philippines on Friday discussed regional security issues and ways to strengthen the trilateral alliance, they said in a joint statement. It was the first meeting between White House national security adviser Jake Sullivan and his counterparts, Akiba Takeo of Japan and Eduardo Ano of the Philippines. "The three (advisers) discussed a wide range of regional security challenges, including with respect to the South China Sea and the East China Sea, as well as North Korea. In addition, they reiterated the importance of peace and stability across the Taiwan Strait," the joint statement said. Reporting by Susan Heavey and Doina Chiacu; Editing by Andrew CawthorneOur Standards: The Thomson Reuters Trust Principles.

Persons: Jake Sullivan, Akiba Takeo, Eduardo Ano, Susan Heavey, Andrew Cawthorne Organizations: White House, Thomson Locations: United States, Japan, Philippines, South, East China, North Korea, Taiwan Strait

WASHINGTON, June 15 (Reuters) - A federal grand jury has indicted a U.S. Air National Guardsman accused of leaking top-secret military intelligence records online, the Justice Department said in a statement on Thursday. Jack Douglas Teixeira, 21, of North Dighton, Massachusetts, was indicted on six counts of willful retention and transmission of classified information relating to national defense, the statement said. He was arrested in April after allegedly posting highly classified material on the messaging app Discord, prompting concerns about how a low-level airman could have such broad access to military secrets. The leaked documents held highly classified information on allies and adversaries, with details ranging from Ukraine's air defenses during the Russian invasion to Israel's Mossad spy agency. A member of the Massachusetts Air National Guard’s 102nd Intelligence Wing, Teixeira had earlier waived his right to a preliminary hearing.

Persons: Jack Douglas Teixeira, Teixeira, Joe Biden, leaker, Massachusetts Air National Guard’s 102nd Intelligence Wing, Kanishka Singh, Sarah N, Lynch, Rami Ayyub, Susan Heavey, Paul Grant, Eric Beech Organizations: U.S . Air National, Justice Department, WikiLeaks, Massachusetts Air National Guard’s 102nd Intelligence, Thomson Locations: North Dighton , Massachusetts

[1/4] The motorcade former U.S. President Donald Trump arrives at the Wilkie D. Ferguson Jr. United States Courthouse in Miami, Florida, June 13, 2023. Tuesday's appearance in Miami was on federal charges. Supporters wearing Make America Great Again hats and carrying American flags chanted "Miami for Trump" and "Latinos for Trump" as the motorcade paused outside the courthouse. The indictment of a former U.S. president on federal charges is unprecedented in American history. Trump accuses Democratic President Joe Biden of orchestrating the federal case to undermine his campaign.

Persons: Donald Trump, Wilkie, Ferguson Jr, Brendan Mcdermid MIAMI, Trump, Walt Nauta, Francis Suarez, Joe Biden's, Jack Smith, Smith, Nauta, Trump's, Vivek Ramaswamy, Aileen Cannon, Jonathan Goodman, Joe Biden, Biden, Rami Ayyub, Sarah N, Lynch, Susan Heavey, Julia Harte, Tyler Clifford, Doina Chiacu, Luc Cohen, Andy Sullivan, Howard Goller Organizations: United, REUTERS, Former U.S, Trump, Miami, Authorities, U.S . Capitol, Democratic, White, Mar, REPUBLICAN, LINE, TRUMP, Republican, Reuters, Trump's Republican, Thomson Locations: Miami , Florida, Former, Miami, New York, USA, Lago Florida, New Jersey, U.S, Esperanza

[1/3] People and members of the media gather outside The Wilkie D. Ferguson Jr. United States Courthouse, on the morning former U.S. President Trump is to appear there on classified document charges, in Miami, Florida, June 13, 2023. Several dozen protesters and journalists mingled outside the courthouse while helicopters hovered overhead. He called Special Counsel Jack Smith, who is leading the prosecution, a "Trump hater" on social media on Tuesday. Outside the courthouse, a woman carried a sign reading, "I Stand With Trump." Legal experts say the evidence amounts to a strong case, and Smith has said Trump will have a "speedy" trial.

Persons: Wilkie D, Ferguson Jr, Trump, Marco Bello MIAMI, Donald Trump, Joe Biden's, Jack Smith, Trump's, Biden, Vivek Ramaswamy, Smith, Aileen Cannon, Jonathan Goodman, Joe Biden, Rami Ayyub, Sarah N, Lynch, Susan Heavey, Luc Cohen, Andy Sullivan, Howard Goller, Nick Zieminski Organizations: United, REUTERS, Trump, Security, Democratic, Republican, Reuters, U.S . Capitol, White, Thomson Locations: Miami , Florida, Miami, New York, New Jersey, Esperanza, Lago Florida

☆ U.S. Transportation chief pledges support for Philadelphia after highway collapse
▼ + stars: | 2023-06-13 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

WASHINGTON, June 13 (Reuters) - Transportation Secretary Pete Buttigieg on Tuesday pledged federal support for rebuilding a major U.S. highway after a portion collapsed in Philadelphia over the weekend, snarling traffic and upending commutes. The head of the Federal Highway Administration was at the site on Monday as the U.S. National Transportation Safety Board investigates. Officials have said that it could take several months to rebuild the collapsed portion of the north-south highway, which runs from Miami to the Canadian border in Maine. Excavation teams worked to clear the site on Monday, with authorities eyeing Tuesday as a test of traffic workarounds. Reporting by David Shepardson and Susan Heavey; Editing by Chizu Nomiyama and Mark PorterOur Standards: The Thomson Reuters Trust Principles.

Persons: Pete Buttigieg, Buttigieg, David Shepardson, Susan Heavey, Chizu Nomiyama, Mark Porter Organizations: Transportation, Pennsylvania, Philadelphia's, U.S . Department of Transportation, Federal, Administration, U.S . National Transportation, Thomson Locations: U.S, Philadelphia, Coast, Miami, Maine

☆ Biden: Inflation data 'good news' for US families, more work to do
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, June 13 (Reuters) - U.S. President Joe Biden hailed Tuesday's inflation data as "good news for hard working families" and said there was more work to do to bring down the cost of living in the country, according to a statement released by the White House. U.S. consumer prices barely rose in May and the annual increase in inflation was the smallest in more than two years, though underlying price pressures remained strong, supporting the view that the Federal Reserve would keep interest rates unchanged on Wednesday while adopting a hawkish posture. Reporting by Susan Heavey, writing by Paul GrantOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Susan Heavey, Paul Grant Organizations: White House, Federal Reserve, Thomson Locations: White House .

Trump is scheduled to be in a Miami federal courthouse on Tuesday at 3 p.m. EDT (1900 GMT) for an initial appearance in the case. The poll also found Trump continues to lead his rivals for the party's presidential nomination by a wide margin. Some 43% of self-identified Republicans said Trump was their preferred candidate, compared to 22% who picked Florida Governor Ron DeSantis. Former U.S. President and Republican presidential candidate Donald Trump looks on as he attends the North Carolina Republican Party convention in Greensboro, North Carolina, June 10, 2023. Trump accuses Democratic President Joe Biden of orchestrating the federal case to undermine his campaign.

Persons: Donald Trump, Trump, Ron DeSantis, DeSantis, Jonathan Drake, Manny Morales, Jack Smith, William Barr, Joe Biden, Biden, Smith, Susan Heavey, Nathan Layne, Julia Harte, Doina Chiacu, Jacqueline Thomsen, Andy Sullivan, Noeleen Walder, Howard Goller Organizations: MIAMI, Reuters, Social, Republican, Florida, DeSantis, Former U.S, North Carolina Republican Party, REUTERS, U.S . Capitol, Miami, White, Democratic, Department, Thomson Locations: Miami, New Jersey, Georgia, Former, Greensboro , North Carolina, Lago Florida, Florida, New York

[1/2] Former U.S. President and Republican presidential candidate Donald Trump speaks at the Georgia Republican Party convention in Columbus, Georgia, U.S. June 10, 2023. Trump is scheduled to be in a Miami federal courthouse on Tuesday at 3 p.m. EDT (1900 GMT) for an initial appearance in the case. With memories fresh of the Jan. 6, 2021, assault by Trump supporters on the U.S. Capitol, officials have raised security concerns. The indictment alleges Trump lied to officials who tried to get them back. Trump accuses Democratic President Joe Biden of orchestrating the federal case to undermine his campaign.

Persons: Donald Trump, Megan Varner, Trump, TRUMP, Miami Mayor Francis Suarez, Jack Smith, William Barr, Joe Biden, Biden, Smith, Doina Chiacu, Jacqueline Thomsen, Andy Sullivan, Noeleen Walder, Howard Goller Organizations: U.S, Republican, Georgia Republican Party, REUTERS, Bedminster, Social, U.S . Capitol, Miami Mayor, White, Democratic, Department, Thomson Locations: Columbus , Georgia, U.S, Miami, New Jersey, Newark, Georgia, Lago Florida, Florida, New York

☆ Biden to hold first 2024 campaign event in Pennsylvania
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, June 9 (Reuters) - U.S. President Joe Biden will hold his first campaign event next week in the swing state of Pennsylvania, according to a statement released by the White House. Biden, 80, will attend a rally with union members in Philadelphia on June 17, the statement said. Biden said in April he would run again for president, citing his administration's investment in infrastructure and job creation, and a need to push back against extremism popularized by his predecessor Donald Trump. With fewer than 13 million people, a median household income below the national average, and a voting pool that is more than 80% white versus 69% nationwide, Pennsylvania has been a fiercely contested state in recent elections. Reporting by Susan Heavey; editing by Rami Ayyub and Heather Timmons.

Persons: Joe Biden, Biden, Donald Trump, Susan Heavey, Rami Ayyub, Heather Timmons Organizations: White, Thomson Locations: Pennsylvania, Philadelphia

Trump had sought to prevent top aides, including his then-Vice President Mike Pence, from testifying in that probe being weighed by a separate D.C. grand jury. Pence appeared before the grand jury in April after Trump lost his legal challenge. Trump repeatedly lambasted Pence before the attack for refusing to try to prevent Congress from certifying Democrat Joe Biden’s win in the 2020 presidential election. Legal experts said Trump may have violated at least three Georgia criminal election laws: conspiracy to commit election fraud, criminal solicitation to commit election fraud and intentional interference with performance of election duties. NEW YORK ATTORNEY GENERAL CIVIL LAWSUITNew York Attorney General Letitia James sued Trump and his family business, the Trump Organization, last September for fraud.

Persons: Donald Trump, General Merrick Garland, Jack Smith, Trump, Trump's, Mike Pence, Pence, Joe Biden’s, Fani Willis, Brad Raffensperger, Michael Cohen, Daniels, Cohen, reimbursing Cohen, Jean Carroll, Carroll, Letitia James, James, Joseph Ax, Luc Cohen, Karen Freifeld, Sarah N, Lynch, Jonathan Stempel, Jacqueline Thomsen, Susan Heavey, Noeleen Walder, Howard Goller Organizations: U.S . Department of Justice, CAPITOL, U.S, Capitol, Justice Department, Trump, Democrat, Republican Georgia, U.S . Constitution, Trump's, Prosecutors, CNN, GENERAL, New York, Trump Organization, The Securities, Exchange Commission, Financial Industry Regulatory Authority, Thomson Locations: United States, GEORGIA, Fulton County, Georgia, U.S ., New York, Manhattan

June 8 (Reuters) - The chair of the U.S. Securities and Exchange Commission (SEC) on Thursday strongly rebutted criticism that the agency is trying to crush the crypto industry, and said many companies in the space had made a "calculated economic decision" to flout its rules. That means most crypto exchanges have to comply with the securities laws too, he added. "They may have made a calculated economic decision to take the risk of enforcement as the cost of doing business." The crypto industry has attacked Gensler in recent days after the SEC sued two of the world's largest crypto exchanges, Coinbase (COIN.O) and Binance, for allegedly breaking securities laws by failing to register their operations with the agency. The SEC alleged Coinbase traded at least 13 crypto assets that are securities, while it accused Binance of offering 12 cryptocurrency coins without registering them.

Persons: Piper Sandler, Gary Gensler, Gensler, Brian Armstrong, Binance, Changpeng Zhao, Binance.US, Coinbase, Heath Tarbert, John McCrank, Hannah Lang, Susan Heavey, Manya, Michelle Price, Chizu Nomiyama, Matthew Lewis Organizations: U.S . Securities, Exchange Commission, SEC, Twitter, Coinbase, Department of Justice, U.S, Reuters, Futures Trading Commission, Manya Saini, Thomson Locations: New York, Washington, Gensler, Bengaluru

☆ Pat Robertson, televangelist who mobilized Christian voters, dead at 93
▼ + stars: | 2023-06-08 | by ( Joseph Ax | ) www.reuters.com time to read: +3 min

June 8 (Reuters) - Pat Robertson, the televangelist who helped turn Christian conservatives into a potent force in U.S. politics, died at age 93 at his Virginia home, the Christian Broadcasting Network said in a statement on Thursday. Robertson founded the network in 1960 and hosted the flagship program "The 700 Club" for decades, offering prayers and political commentary. In 1980, the show helped galvanize support among Christian conservatives for Republican Ronald Reagan's successful campaign for president. His "The 700 Club" show - stemming from a fundraising telethon in which he asked 700 viewers to send monthly contributions - drew a committed audience. Nicknamed "Pat" by his older brother, he was born Marion Gordon Robertson in Lexington, Virginia, on March 22, 1930.

Persons: Pat Robertson, Robertson, Republican Ronald Reagan's, God, Hugo Chavez, Satan, Pat, Marion Gordon Robertson, Absalom Robertson, Dede, Gordon, Doina Chiacu, Joseph Ax, Susan Heavey, Rosalba O'Brien Organizations: Christian Broadcasting Network, Republican, Christian Coalition, Republican Party, U.S, Virginia Democrat, U.S . House, U.S . Senate, Yale Law School, New York Theological Seminary, Regent University, American Center for Law, Justice, Thomson Locations: U.S, Virginia, Iowa, Midwestern, France, Lexington , Virginia, New

☆ Senators ask U.S. Justice Dept to probe Binance statements to Congress
▼ + stars: | 2023-06-08 | by ( ) www.reuters.com time to read: +1 min

Senator Elizabeth Warren (D-MA) attend a Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill in Washington, U.S., April 18, 2023. REUTERS/Amanda Andrade-Rhoades/File PhotoWASHINGTON, June 8 (Reuters) - The U.S. Department of Justice should investigate whether cryptocurrency exchange Binance made false statements to Congress in a written response to lawmakers this year, two Democratic U.S. senators said in a letter released on Thursday. U.S. financial regulators this week cracked down on the crypto industry with legal action against Binance, the world's largest cryptocurrency exchange, and cryptocurrency platform Coinbase (COIN.O). Representatives for the Justice Department could not be immediately reached. Reporting by Susan Heavey and Manya Saini; editing by David Goodman and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Chris Van Hollen, Elizabeth Warren, Amanda Andrade, Rhoades, Binance, Susan Heavey, Manya Saini, David Goodman, Jason Neely Organizations: U.S, Banking, Housing, Urban Affairs, Capitol, REUTERS, WASHINGTON, U.S . Department of Justice, Democratic U.S, Justice Department, SEC, Binance, Thomson Locations: Washington , U.S

WASHINGTON, June 8 (Reuters) - Other U.S. crypto exchanges are likely to be in the firing line after the Securities and Exchange Commission (SEC) this week sued Coinbase and Binance, two of the world's largest crypto exchanges, for allegedly breaching its rules. Both Coinbase and Binance deny the SEC's allegations and have pledged to vigorously defend themselves in court. The Coinbase and Binance suits this week expand that list to include some commonly traded tokens, such as Solana, Cardano and Polygon. While big crypto companies can afford to fight the SEC, smaller companies have filed for bankruptcy following SEC enforcement actions, including crypto exchange Beaxy. "I think if there's a real value in these crypto tokens, then compliance will build trust and the business model might change," he said.

Persons: Coinbase, Binance, Jason Allegrante, Gary Gensler, “, Scott Freeman, Crypto, Kraken, OKCoin, Ripple's, Stuart Alderoty, Piper Sandler, Gensler, Bernstein, Katharine Wooller, Hannah Lang, John McCrank, Susan Heavey, Michelle Price, Stephen Coates Organizations: Securities and Exchange Commission, SEC, Cornerstone Research, Department of Justice, JST, Justice Department, Piper Sandler Global, Fintech Conference, CNBC, U.S, Executives, Thomson Locations: Solana, Cardano, U.S, United States, New York, Washington

☆ Pence attacks Trump as he challenges his ex-boss in 2024 White House race
▼ + stars: | 2023-06-07 | by ( Tim Reid | ) www.reuters.com time to read: +5 min

During Trump's tumultuous four years in the White House, Pence repeatedly defended him through multiple scandals. Pence, who turned 64 on Wednesday, joins a crowded nominating contest that is currently a two-man race between front-runner Trump and Florida Governor Ron DeSantis. Trump supporters stormed the Capitol during the certification process, forcing Pence, family members, lawmakers and staff to flee to safety. "The American people deserve to know that on that day, President Trump also demanded that I choose between him and the Constitution. As president, Trump appointed conservative U.S. Supreme Court justices who helped end the national right to abortion last year.

Persons: Mike Pence, Donald Trump, Trump, Pence, Joe Biden's, Ron DeSantis, Chris Christie, Doug Burgum, Karen, Read, DeSantis, Todd Starnes, Trump's, Tim Reid, Susan Heavey, Colleen Jenkins, Alistair Bell Organizations: Wednesday, U.S . Capitol, U.S, Congress, Republican, Senate, Trump, Florida, Former New Jersey, North Dakota, Republican White House, Reuters, Capitol, CNN, Farmers of, Supreme, Pence, Thomson Locations: United States, Iowa, Former, North, Farmers of America, Ankeny , Iowa, U.S, UKRAINE, Ukraine, Indiana

WASHINGTON, June 7 (Reuters) - The U.S. economy is strong amid robust consumer spending but some areas are slowing down, U.S. Treasury Secretary Janet Yellen said on Wednesday, adding that she expects continued progress in bringing inflation down over the next two years with a strong labor market. Yellen said that inflation can subside while maintaining a strong labor market, with unemployment in the 4% range, up slightly from the 3.7% reading in May. "We've always thought an unemployment rate with four as the first digit is a very strong labor market," Yellen said. She said the economy has slowed somewhat, easing pressures in the labor market, but "we still have a very healthy labor market, wage gains are significant." Asked about former Richmond Federal Reserve President Jeffrey Lacker's view that the federal funds rate, at 5.0-5.25% now, will have to rise to 6% to tame inflation, Yellen said that was a decision for the Fed.

Persons: Janet Yellen, Yellen, We've, Jeffrey Lacker's, David Lawder, Susan Heavey, Doina Chiacu, Chizu Nomiyama, Andrea Ricci Organizations: Treasury, CNBC, Federal, Richmond Federal, Securities and Exchange Commission, European Union, Thomson Locations: U.S

☆ Ex-US Vice President Mike Pence launches 2024 election bid, challenging Trump
▼ + stars: | 2023-06-07 | by ( Tim Reid | ) www.reuters.com time to read: +4 min

It is extremely rare for a vice president to run against a president he served under, and it has happened just a handful of times in U.S. history. But Pence incurred the wrath of Trump and his supporters when, as ceremonial president of the Senate, he refused to stop the certification of Biden's victory over Trump in the 2020 election. Trump supporters stormed the Capitol during the certification process on Jan. 6, 2021, forcing Pence, lawmakers and staff to flee to safety. Representatives for Trump's campaign could not be immediately reached for comment on Wednesday. Many of Trump's diehard supporters view Pence's refusal to overturn the election result as treachery, potentially complicating his path to the nomination.

Persons: Mike Pence, Donald Trump, Pence, Joe Biden, Trump, Ron DeSantis, Pence's, Trump's, Tim Reid, Susan Heavey, Ross Colvin, Grant McCool, Angus MacSwan Organizations: U.S . Capitol, Republican, Democratic, Trump, Reuters, Florida, CNN, Federal, Senate, Capitol, Thomson Locations: America, Des Moines, Iowa, Indiana, Russia, China

The Democratic-led Judiciary Committee held a hearing on the subject in May. Crow, a major Republican donor, last month, rejected the panel's request for a meeting. Separately, Bopp declined to provide another Democratic-led Senate panel, the Finance Committee, any personal financial information about Crow, it said. In a statement, the panel accused Crow of "stonewalling" and "doubling down on bogus legal theories." The news outlet ProPublica has detailed the ties between Thomas and Crow.

Persons: Harlan Crow's, Clarence Thomas, Thomas, Crow, Crow's, Michael Bopp, Dick Durbin, Sheldon Whitehouse, Bopp, Ron Wyden, Neil Gorsuch, Susan Heavey, Kanishka Singh, Will Dunham Organizations: U.S, Supreme, Republican, Democratic, Finance Committee, Finance, Politico, Thomson Locations: Texas, Colorado

The preliminary order, from U.S. District Judge Robert Hinkle in Tallahassee, applies only to three transgender children in the lawsuit and their health care providers. The other four families did not join an emergency bid to block the law because they do not expect to need gender-affirming care in the immediate future. The offices of Florida Attorney General Ashley Moody and Governor Ron DeSantis did not immediately respond to requests for comment. Florida's medical licensing boards adopted bans on gender-affirming care for minors in March, and DeSantis last month signed a similar ban passed by the state legislature. He harshly criticized the law as motivated by "bigotry," noting that one state legislator had called transgender witnesses at a public hearing "demons."

Persons: Robert Hinkle, Susan, Ashley Moody, Ron DeSantis, DeSantis, people's, Hinkle, Brendan Pierson, Alexia Garamfalvi, David Gregorio Our Organizations: District, U.S, Constitution, Thomson Locations: Florida, U.S, Tallahassee, New York

☆ US slaps sanctions on Iranian, Chinese targets over Tehran's missile, military programs
▼ + stars: | 2023-06-06 | by ( Daphne Psaledakis | ) www.reuters.com time to read: +3 min

Iran's mission to the United Nations in New York and China's embassy in Washington did not immediately respond to requests for comment. China has been a major buyer of Iranian oil despite U.S. sanctions designed to choke off these exports. Washington targeted centrifuge sales to Parchin Chemical Industries (PCI), dual-use metals sales to its intermediary, P.B. Co., Ltd, which the Treasury accused of selling centrifuges and other equipment and services worth hundreds of thousands of dollars to PCI with P.B. Sadr and PCI, as well as the other companies, could not immediately be reached for comment.

Persons: Davoud Damghani, Brian Nelson, Sadr, Zhejiang Qingji, Daphne Psaledakis, Doina Chiacu, Susan Heavey, Arshad Mohammed, David Brunnstrom, Chizu Nomiyama, Mark Heinrich Our Organizations: . Treasury, Armed Forces Logistics, Terrorism, Financial Intelligence, United Nations, Parchin Chemical Industries, PCI, Zhejiang Qingji, P.B, Treasury, Hong, Hong Kong Ke.Do International Trade Co, Qingdao Zhongrongtong Trade, Co, Thomson Locations: United States, Iran, China, Hong Kong, Beijing, U.S, Washington, Tehran, New York, . Sadr, Zhejiang, Zhejiang Qingji Ind, Sadr, Qingdao

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