The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Market focus is largely attuned to the Federal Reserve, with the U.S. central bank scheduled to publish its latest meeting minutes.Bondsread more
Federal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battleThe Fedread more
President Trump and Apple CEO Tim Cook have had a rocky relationship in recent years, but Trump is now complimenting the executive publicly.Technologyread more
President Donald Trump signed a memorandum on Wednesday to automatically cancel the student loan debt of disabled veterans. More than 25,000 service members will have their...Personal Financeread more
Here's what Nordstrom reported in their fiscal second-quarter earnings.Retailread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.Politicsread more
The president's remark followed a string of criticisms aimed at his predecessors, whom he claimed had ignored China's alleged malpractice on trade.Politicsread more
President Trump liked Germany's sale of no-interest, 30-year bonds Wednesday, but investors weren't so eager to buy them.Market Insiderread more
SunTrust Robinson Humphrey analysts said in a research note the "Off-Facebook Activity" feature "appears to fall somewhat short of the original pledge by CEO Zuckerberg of...Technologyread more
The U.S. National Security Agency has made dozens of changes in its operations and computer networks to prevent the emergence of another Edward Snowden, including potential disciplinary action, a top NSA official said on Friday, as a White House review panel recommended restraints on NSA spying.
Former NSA contractor Snowden's disclosures have been "cataclysmic" for the eavesdropping agency, Richard Ledgett, who leads a task force responding to the leaks, said in a rare interview at NSA's heavily guarded Fort Meade headquarters.
In the more than hour-long interview, Ledgett acknowledged the agency had done a poor job in its initial public response to revelations of vast NSA monitoring of phone and Internet data; pledged more transparency; and said he was deeply worried about highly classified documents not yet public that are among the 1.7 million Snowden is believed to have accessed.
He also stoutly defended the NSA's mission of tracking terrorist plots and other threats, and said its recruiting of young codebreakers, linguists and computer geeks has not been affected by the Snowden affair - even as internal morale has been.
"Any time you trust people, there is always a chance that someone will betray you," he said.
(Read more: World of spycraft: NSA infiltrates gamers' data)
The NSA is taking 41 specific technical measures to control data by tagging and tracking it, to supervise agency networks with controls on activity, and to increase oversight of individuals.
Measures include requiring two-person control of every place where someone could access data and enhancing the security process that people go through and requiring more frequent screenings of systems administrative access, Ledgett said.
After months of sometimes blistering criticism in the news media and by Congress and foreign governments, the publicity-averse NSA is now mounting an effort to tell its side of the Snowden story.
It granted access to NSA headquarters to a team from CBS' "60 Minutes" program, which is scheduled to broadcast a segment on the agency on Sunday.
Ledgett, a 36-year intelligence veteran who reportedly is in line to be the agency's deputy director, joked that doing media interviews was "a complete out-of-body experience for me."
He spoke to Reuters on the same day that the White House said it had decided to maintain the practice of having a single individual head both the NSA and U.S. Cyber Command, which conducts cyberwarfare - an outcome the NSA leadership favored.
Separately, news reports late Thursday said an outside review panel appointed by the White House has recommended changes in a program disclosed by Snowden that collects basic data on Americans' phone calls - known as metadata.
(Read more: Tech giants take astand on NSA surveillance)
The panel reportedly said the data should be held by an organization other than the NSA and stricter rules should be enforced for searching the databanks.
Ledgett declined to discuss the panel's specific recommendations. But he seemed to acknowledge that tighter guidelines for NSA eavesdropping were in the offing, saying that what is technologically possible "has gotten ahead of policy."
Snowden, who is living under asylum in Russia, disclosed a vast U.S. eavesdropping apparatus that includes the phone metadata program; NSA querying of Internet communications via major companies such as Google Inc and Facebook Inc; and widespread tapping of international communication networks.
Ledgett made no apologies for what many see as overly aggressive NSA monitoring. He noted that the U.S. government's intelligence taskings to the agency run to 36,000 pages, and said its activities take place within a "box" of U.S. laws and policies.
"We'll color in every square millimeter of that box," he said, implying the NSA will use its legal authorities to the fullest extent possible.
The NSA's internal review has determined about 98 percent of the scope of the material that Snowden had accessed, and officials have found no evidence that he had help either within the NSA or from adversary spy agencies.
Ledgett said that when Snowden was downloading the documents, NSA was ahead of other intelligence agencies in installing "insider threat" software that President Barack Obama ordered in the wake of an earlier leak scandal involving the group WikiLeaks. But installation of the software, which might have stopped Snowden, was not complete.
"Snowden hit at a really opportune time. For him - not for us," he said.
Ledgett said that most of the Snowden material released publicly so far has been about NSA programs and partnerships with foreign countries and companies, rather than intelligence reports and "requirements." The latter refers to U.S. government taskings to the NSA to answer questions about specific targets.
That last category is what keeps him up at night. "Those make me nervous because they reveal what we know and what we don't know and they are almost a roadmap for adversaries."
(Read more: NSA leaker Snowden lands job at Russian website)
No one at the NSA has yet lost their job over the Snowden crisis, including at the Hawaii site where he worked. Ledgett said three people are under review for potential disciplinary action, but declined further comment.
He challenged those who call Snowden a whistleblower, saying the former contractor did not use multiple channels available to vent his concerns. "I actually think characterizing him as a whistleblower is a disservice to people who are whistleblowers."
Ledgett said he knew of no U.S. government move toward reaching any kind of a legal deal with Snowden, a decision that would be up to the Justice Department.
But, he said in his opinion, such a conversation would have to include concrete assurances that Snowden would secure any of the material he has that has not yet been made public.
In the aftermath of Snowden, the NSA is trying to be more open about what it does so the public can have more confidence in the agency's mission.
"We as an agency are a little naive, for a long time we were 'No Such Agency' or 'no comment' and were not adept at presenting our face to the public," he said.
"I think quite frankly had we done more of that over the last five or 10 years we might not be in the same place that we are vis-a-vis the public perception of who we are and what we do," he said. "So too late to learn that lesson, so what you are seeing now is our new face."
Follow us on Twitter: