President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
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"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
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Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday.Bondsread more
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
President Donald Trump said Friday the Justice Department inspector general's report into the FBI's Clinton email inquiry "totally exonerates me."
"There was no collusion. There was no obstruction. And if you read the report, you'll see that," Trump said on the White House North Lawn.
That's not quite true.
The report released on Thursday did not address any of the allegations of collusion or obstruction of justice related to special counsel Robert Mueller's probe of Russian meddling in the 2016 election. Instead, the report was focused solely on the FBI's investigation of Hillary Clinton's use of a private email server while she was secretary of State.
Trump also said Friday the Mueller investigation had been "discredited." The president seemed to be referring to anti-Trump text messages sent by former Mueller investigator Peter Strzok.
Strzok was one of the FBI's top counterintelligence officials and helped lead the Russia probe.
The inspector general's report uncovered new messages, including one in which Strzok said "We'll stop" Trump from becoming president.
One problem with Trump's claim: Strzok was removed from Mueller's staff last summer, after Mueller became aware of text messages that expressed anti-Trump views.
And some of the most important investigative actions in Mueller's probe took place following Strzok's removal. For instance, former national security advisor Michael Flynn pleaded guilty in December. The first of several indictments for Trump's former campaign chairman, Paul Manafort, was handed down by a grand jury in October.
The inspector general, Michael Horowitz, also noted that there was no evidence to show that political bias influenced Strzok's actions.
"[O]ur review did not find evidence to connect the political views expressed in these messages to the specific investigative decisions that we reviewed," the report said.