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White House Government Agencies

  • FEDERAL COMMUNICATIONS COMMISSION SAYS IT HAS SERIOUS CONCERNS ABOUT AT&T MOBILITY'S "SPONSORED DATA" PROGRAM ON COMPETITION FOR MOBILE VIDEO SERVICES- LETTER FROM FCC TO AT&T.

  • RICHMOND, Va., Nov 10- The Federal Reserve could raise interest rates more quickly if Washington used lower taxes or higher spending to boost economic growth, Richmond Fed President Jeffrey Lacker said on Thursday. Lacker made the comment when asked how the U.S. central bank would react if the incoming Trump administration and Congress loosened fiscal purse...

  • President-elect Donald Trump and Fed Chair Janet Yellen may emerge as unlikely allies as the incoming administration moves towards policies Federal Reserve officials have long advocated and the Fed contemplates a "high-pressure" economy to try to boost jobs and wages, at least in the short term. The prospect of a unified government, new infrastructure...

  • ST. LOUIS, Nov 10- The Republican sweep of the White House and Congress could break the current gridlock over national policy in a potential boon to the U.S. economy, St. Louis Federal Reserve bank president James Bullard said on Thursday. Trump had been critical of the Fed during the campaign, and his victory coupled with Republican control of Congress could open...

  • President-elect Donald Trump

    What might Trump's policy proposals mean for markets and the economy going forward? Questions outnumber answers, but here are a few guesses.

  • ST. LOUIS, Nov 10- The U.S. economy will remain in a low interest rate "regime" for perhaps two to three more years, St. Louis Federal Reserve President James Bullard said on Thursday, repeating his call that a single interest rate increase would be adequate for the foreseeable future. Bullard did not mention the U.S. election results or any possible effect on...

  • *In a monthly report, the USDA said farmers will grow 15.226 billion bushels of corn this year, up from its October forecast for 15.057 billion bushels. *The USDA also unexpectedly raised its 2016-17 corn ending stocks outlook to 2.403 billion bushels, which would be the fifth-biggest ever, from 2.320 billion. *The USDA estimated the soybean crop at 4.361 billion...

  • WASHINGTON, Nov 9- Global banking regulators would make a grave mistake if they eased capital rules for the world's largest lenders, a senior U.S. banking official said on Wednesday. Tom Hoenig, the vice chairman of the Federal Deposit Insurance Corporation, said higher capital levels may be needed to protect banks from a repeat of turmoil like that seen during...

  • *USDA raises corn, soy yield estimates. *USDA ending stocks estimates increase. In a monthly report, the USDA said farmers will grow 15.226 billion bushels of corn this year, with an average yield of 175.3 bushels an acre.

  • Nov 9- A stunning upset by Republican Donald Trump in the U.S. presidential election may have set off a few tremors in markets but the Federal Reserve is on course to raise interest rates next month, a Reuters poll of economists showed. "We think economic conditions and Fed rhetoric both point to going in December," said Jeremy Schwartz, economist at Credit Suisse in...

  • No more excuses for Republicans: Eric Cantor

    Eric Cantor, Moelis & Company, and George Mitchell, DLA Piper chair emeritus, weigh in on how a Republican majority will likely impact government programs. It would be smart for Trump to start on infrastructure because that's an area Democrats favor also, says Mitchell.

  • WASHINGTON, Nov 9- Donald Trump's victory in the U.S. presidential race throws into question the core assumption in global financial markets that the Federal Reserve will raise interest rates soon and follow with further gradual hikes over coming years. Market turmoil has stayed the Fed's hand in the past, including a Chinese stock market slump in 2015 and the...

  • WASHINGTON, Nov 9- Donald Trump's victory in the U.S. presidential race throws into question the core assumption in global financial markets that the Federal Reserve will raise interest rates soon and follow with further gradual hikes over coming years. Market turmoil has stayed the Fed's hand in the past, including a Chinese stock market slump in 2015 and the...

  • Singapore's financial district

    Singapore could have its first-ever elected Malay president next year, according to a proposed constitutional change.

  • In a press release, Grassley's office said the HHS Inspector General confirmed in discussions with Senate aides that the watchdog office notified the Centers for Medicare and Medicaid Services about the problematic classification, which was highlighted in a report. A Justice Department spokeswoman declined to comment to Reuters on the purported...

  • NEW YORK, Nov 8- U.S. lawmakers should take advantage of low interest rates by making infrastructure investments and encouraging innovations that boost productivity, a Federal Reserve policymaker said on Tuesday as Americans voted in a presidential election. The Fed, which is expected to raise rates before year end, has occasionally emerged as an issue in the...

  • NEW YORK, Nov 8- U.S. lawmakers should take advantage of low interest rates by making infrastructure investments and encouraging innovations that boost productivity, a Federal Reserve policymaker said on Tuesday as Americans voted in a presidential election. The Fed, which is expected to raise rates before year end, has occasionally emerged as an issue in the...

  • Nov 8- A London- based trader has been extradited to the United States to face federal charges related to his alleged role in the 2010 Wall Street "flash crash," the U.S. Justice Department said on Tuesday. Navinder Sarao, 37, who traded on the Chicago Mercantile Exchange from his parents' home near London's Heathrow Airport, is scheduled to appear in federal court in...

  • Mylan EpiPen

    A U.S. Senate committee urged regulators to launch a probe into whether EpiPen maker Mylan broke the law by preventing schools from purchasing competing allergy treatments.

  • *Bangladesh looks to recover rest of $81 mln- official. Nov 8- A Bangladesh central bank team arrived in Manila on Monday to work on moving back part of the $81 million stolen from its account in the New York Federal Reserve in February and sent to the Philippines, a Bangladeshi official said. A Philippine court in September adjudged that Bangladesh Bank was the...