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White House Government Agencies

  • The bank will pay roughly $200 million combined to the Securities and Exchange Commission and the Justice Department and more than $50 million to the Federal Reserve, the source said. The SEC opened an investigation into JPMorgan in 2013 over the hiring. The SEC, JPMorgan and the Justice Department all declined to comment.

  • PHILADELPHIA, Nov 16- The Federal Reserve must retain its independence from America's political life and policymakers will not change course due to shifts in public opinion, Philadelphia Fed President Patrick Harker said on Wednesday. Republican Donald Trump's victory in the Nov. 8 U.S. presidential election has raised questions over whether the new...

  • WASHINGTON, Nov 16- The U.S. Federal Communications Commission is dropping plans to push through a proposed reform of the $45 billion business data services market in the wake of Donald Trump's election as president. FCC Chairman Tom Wheeler on Wednesday pulled the item previously set for a commission vote Thursday after pressure from Republicans in...

  • WASHINGTON, Nov 16- The U.S. Federal Communications Commission is dropping plans to push through a proposed reform of the $45 billion business data services market in the wake of Donald Trump's election as president. FCC chairman Tom Wheeler on Wednesday pulled the item after pressure from Republicans on the U.S. House and Senate panels that oversee the FCC.

  • WASHINGTON, Nov 16- The U.S. Federal Communications Commission said on Wednesday is dropping plans to vote Thursday on plans to reform the $45 billion business data services market and propose new rules on roaming standards in the wake of Donald Trump's election as president. FCC chairman Tom Wheeler on Wednesday pulled the items after pressure from...

  • The Internal Revenue Service headquarters in Washington, D.C.

    One of the most effective tools to protect yourself from IRS scams is knowledge. Here are five tips to avoid putting yourself at risk.

  • WASHINGTON, Nov 16- U.S. industrial production was unchanged in October, weighed down by a decline in utilities output, data from the Federal Reserve showed on Wednesday. Output for September was revised to show a 0.2 percent decline in output rather than a 0.1 percent increase. Mining production, which has been hurt by low oil prices, was up 2.1 percent, posting its...

  • WASHINGTON, Nov 16- U.S. industrial production was unchanged in October, weighed down by a decline in utilities output, data from the Federal Reserve showed on Wednesday. Output for September was revised to show a 0.2 percent decline in output rather than a 0.1 percent increase. Mining production, which has been hurt by low oil prices, was up 2.1 percent, posting its...

  • MINNEAPOLIS FED PRESIDENT NEEL KASHKARI UNVEILS PLAN HE SAYS WOULD END BANK BAILOUTS.

  • LONDON, Nov 16- The Federal Reserve will hike U.S. interest rates in December barring any major shocks, policymaker James Bullard said on Wednesday, adding that a single rate increase may be enough to move monetary policy to a "neutral setting". Bullard also said that the Fed would need to respond to any economic uncertainty created by "political actors" but that...

  • The Securities and Exchange Commission in Washington

    Exec pay provisions, corporate auditing, corporate penalties, and whistleblower rules could all come under the knife.

  • LONDON, Nov 16- It would need a surprise for the Federal Reserve not to raise U.S. interest rates next month, one of the central bank's policymakers, James Bullard, said on Wednesday. "You would have to have a surprise at this point," for the Fed not to increase rates, Bullard told reporters at a UBS banking conference in London. He said the only reason to hold off would be the...

  • James Bullard, president and CEO of the Federal Reserve Bank of St. Louis.

    One U.S interest rate increase may be enough to bring Fed's rates to a "neutral setting," one of the central bank's policymakers said.

  • LONDON, Nov 16- The election of Donald Trump as the next U.S. president could signal a period of heightened pressure on the Federal Reserve to change its accommodative stance, Barclays Chief Executive Jes Staley told a banking conference on Wednesday. Staley also said that John Taylor, the influential Stanford University economics professor whose' Taylor rule'...

  • LONDON, Nov 16- The election of Donald Trump as the next U.S. president could signal a period of heightened pressure on the Federal Reserve to ease its accommodative stance, Barclays Chief Executive Jes Staley told a banking conference in London on Wednesday. Staley also said that John Taylor, the influential Stanford University economics professor whose'...

  • LONDON, Nov 16- The era of low global interest rates is not expected to come to an abrubt end, Federal Reserve policy maker James Bullard said on Wednesday, although a rise in U.S. productivity growth would normally require a rise in its rates. "We have a low interest rate regime and it is really not expected to turn around and mean revert," Bullard said a UBS banking...

  • LONDON, Nov 16- Donald Trump's shock win in the U.S. election has not roiled markets as expected and a subsequent rise in inflation expectations is welcomed by its central bank, Federal Reserve policymaker James Bullard said on Wednesday. "There were a lot of predictions that if the election went the way of Republicans and President-elect Donald Trump then there...

  • The dollar index slipped just 0.1 percent to 99.989, easing from Tuesday's high of 100.26 but still almost 5 percent higher than a trough hit before Donald Trump won the race for the White House a week ago. Fuelled by expectations of an inflationary push from the new administration that would prompt more rises in Federal Reserve interest rates it was back on the...

  • Nov 16- One interest rate increase, possibly next month, may be enough to bring U.S. rates to a neutral setting, Federal Reserve policymaker James Bullard said on Wednesday. "A single policy-rate increase, possibly in December, may be sufficient to move monetary policy to a neutral setting," Bullard said at a UBS conference in London. The jump in the U.S. dollar and...

  • Nov 16- One interest rate increase, possibly next month, may be enough to bring U.S. rates to a neutral setting, Federal Reserve policymaker James Bullard said on Wednesday. "A single policy-rate increase, possibly in December, may be sufficient to move monetary policy to a neutral setting," Bullard said at a UBS conference in London. The jump in the U.S. dollar and...