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White House Government Agencies

  • WASHINGTON, Nov 11- The U.S. Federal Trade Commission wants a federal judge to allow the agency to take additional testimony from Volkswagen AG over allegations the German automaker intentionally destroyed documents last year over its diesel emissions scandal. Volkswagen spokeswoman Jeannine Ginivan said Friday the automaker "continues to cooperate...

  • Mayor Bill de Blasio of New York City speaks at a press conference October 24, 2014 in New York City.

    Two-thirds of the 100 largest cities are under control of Democratic mayors, the only bastion of American power left not under GOP control.

  • SANTIAGO, Nov 11- U.S. economic growth prospects appear strong enough for the Federal Reserve to proceed with gradual interest rate rises but the central bank is monitoring an increase in long-term U.S. government borrowing costs, Fed Vice Chair Stanley Fischer said on Friday. Since Republican Donald Trump was elected U.S. president on Tuesday, the 10- year...

  • concerns@ SAO PAULO, Nov 11- The Brazilian and Mexican currencies weakened for a third day on Friday on concerns that U.S. President-elect Donald Trump's proposed policies could cause the Federal Reserve to increase rates by more than expected and bring about a global trade shock. Trump has vowed to build a border wall between Mexico and the United States, and...

  • A 'Jeb' in Texas Trump might hire

    If the call came, I wouldn't block the call, we'd have the conversation, says Rep. Jeb Hensarling, (R-Texas), discussing whether he'd consider the position of Treasury Secretary if President-elect Trump offered it to him.

  • SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in Pacific Business and Investment Briefing: Panel Discussion, "Leveraging Regional Strengths to Grow Chinese Trade and Investment"- 2330 GMT. MONDAY, NOVEMBER 14 SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in Pacific...

  • SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in Pacific Business and Investment Briefing: Panel Discussion, "Leveraging Regional Strengths to Grow Chinese Trade and Investment"- 2330 GMT. MONDAY, NOVEMBER 14 SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in Pacific...

  • NEW YORK, Nov 10- The U.S. Environmental Protection Agency said on Thursday it plans to deny several petitions from oil groups to change the country's biofuels program, an issue that has deeply divided the petroleum industry. The EPA said it did not believe it should start the process, as multiple groups have requested, to make the regulatory change to the...

  • WASHINGTON, Nov 10- The U.S. Federal Communications Commission told AT&T Inc it has "serious concerns" about whether rivals will be able to compete with its DirecTV Now online video service that will cost $35 a month and demanded answers by Nov. 21. The FCC wireless telecommunications bureau told AT&T in a letter reviewed Thursday by Reuters that AT&T's DirecTV...

  • WASHINGTON, Nov 10- The U.S. Federal Communications Commission told AT&T Inc it has "serious concerns" about whether rivals will be able to compete with its DirecTV Now online video service that will cost $35 a month and demanded answers by Nov. 21.

  • 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...