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White House Government Agencies

  • Sources told Reuters last week that the European Commission had asked two Veneto- based regional lenders to raise an additional 1 billion euros in private capital as a condition to approve their request for a state bailout. The sources said Italy's stronger banks could once more face pressure to help rescue the lenders, Popolare di Vicenza and Veneto Banca,...

  • *Fed minutes scheduled to be released at 2 p.m. ET. Investors are also awaiting more details regarding the Fed trimming its $4.5 trillion balance sheet, when the central bank releases the minutes at 2 p.m. ET. "The real take from the Fed is that a June rate hike still seems to pretty much baked in the cake but I'm going to be looking at guidance as how they expect to start...

  • Rep. Elijah Cummings and Rep. Adam Schiff

    The Trump Russia probe provides a primer on how to fix the way we investigate presidents, writes Dan McLaughlin.

  • NEW YORK, May 24- The dollar hovered just above 6-1/ 2- month lows on Wednesday, as investors' focus shifted from U.S. politics to monetary policy ahead of the release of the minutes of the U.S. "The dollar has taken quite a beating over the last month," said Minh Trang, senior currency trader at Silicon Valley Bank in Santa Clara, California. President Donald Trump's...

  • President Donald Trump exits Marine One on the South Lawn of the White House in Washington, DC, on May 13, 2017.

    The American electorate chose an inept president. Of course Washington looks less like Washington, writes Kevin Williamson.

  • Office of Management and Budget Director Mick Mulvaney

    The White House's budget proposal cuts safety net programs and contradict Trump's promises to voters, NBC reports.

  • LONDON, May 24- The dollar stayed pinned near 6-1/ 2- month lows on Wednesday, investors' focus shifting from U.S. politics to monetary policy after comments from a Federal Reserve official rekindled expectations of an interest rate hike next month. Diminishing expectations of a promised fiscal boost to the U.S. economy from President Donald Trump and a...

  • May 24- U.S. stock index futures were little changed on Wednesday ahead of the Federal Reserve releasing the minutes of its May meeting that will help investors gauge the chances of a rate hike next month. *Shares of Lowe's fell 4.4 percent to $78.75 in premarket trading after the No. 2 U.S. home improvement chain reported a lower-than-expected profit and...

  • LONDON, May 24- The dollar on Wednesday held above 6-1/ 2- month lows hit in previous days, as comments from a senior Federal Reserve official rekindled expectations of possible U.S. interest rate rises. The dollar had lost nearly all of its gains since the U.S. elections last November as investor hopes for a fiscal boost from President Donald Trump were dulled by a...

  • LONDON, May 24- World stocks inched lower on Wednesday after China's sovereign credit rating was downgraded and as investors eyed a pause in Wall Street's four-day winning streak, the longest in over three months. The dollar and bond yields were steady, with investors growing gradually more confident that the Federal Reserve will raise U.S. interest rates next...

  • *Bernanke: Japan's real equilibrium rate may be negative. TOKYO, May 24- Former Federal Reserve Chairman Ben Bernanke said on Wednesday the Bank of Japan may need to coordinate a new fiscal spending plan with the government, allowing for inflation to accelerate above its 2 percent target without worsening the debt burden. If inflation accelerated to 2 percent by...

  • MELBOURNE, May 24- London copper edged lower on Wednesday after credit ratings agency Moody's downgraded China due to its massive debt, with muted trade expected ahead of minutes of a Federal Reserve meeting later in the session. *CHINA: Moody's cited the growing leverage in China for the downgrade, and warned about slowing economic growth.

  • *Bernanke: Japan's real equilibrium rate may be negative. TOKYO, May 24- Former Federal Reserve Chairman Ben Bernanke said on Wednesday the Bank of Japan may need to coordinate with the government's new fiscal spending program by allowing inflation to overshoot its consumer price target. Although Japan's economy has shown signs of a pick-up in recent months,...

  • *Spot gold was up 0.1 percent at $1,252.32 per ounce by 0057 GMT. *A U.S. interest rate hike next month is a "distinct possibility," the head of the Federal Reserve Bank of Philadelphia, Patrick Harker, said on Tuesday, adding that another disappointing reading on monthly inflation could cause the U.S. central bank to hold back. *Former CIA director John Brennan said on...

  • WASHINGTON, May 23- The U.S. Federal Communications Commission said on Tuesday it would not take any action over thousands of complaints about a crude joke that late-night television host Stephen Colbert told about U.S. FCC spokesman Neil Grace said the agency had reviewed the complaints and "concluded that there was nothing actionable under the FCC's rules."

  • **LONDON- European Central Bank to publish Financial Stability Report- 2100 GMT. MADRID- European Central Bank President Mario Draghi speaks at First Conference on Financial Stability- 1345 GMT. TORONTO- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session before the C.D.

  • **LONDON- European Central Bank to publish Financial Stability Report- 2100 GMT. MADRID- European Central Bank President Mario Draghi speaks at First Conference on Financial Stability- 1345 GMT. TORONTO- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session before the C.D.

  • WASHINGTON, May 23- The U.S. Federal Communications Commission said on Tuesday it will not impose any fine or take any action after receiving thousands of complaints about a May 1 broadcast of CBS Corp's "Late Show with Stephen Colbert." Talk show comedian Stephen Colbert made a joke about President Donald Trump and Russian President Vladimir Putin that was...

  • NEW YORK— There will be no fine for Stephen Colbert's risque joke about President Donald Trump. A Federal Communications Commission spokesman said Tuesday that the agency received "thousands" of complaints about the late-night host's May 1 show, so it reviewed the material as "standard operating procedure." It's the FCC's job to police obscene or indecent...

  • The Late Show with Stephen Colbert which aired Tuesday March 27, 2017.

    The agency had received thousands of complaints over a lewd joke Colbert made on the May 1 broadcast of 'The Late Show.'