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White House Government Agencies

  • WASHINGTON, Oct 18- The U.S. economy expanded at a modest to moderate pace in September through early October despite the impact of hurricanes on some regions, the Federal Reserve said in its latest snapshot of the U.S. economy released on Wednesday, but there were still few signs of an acceleration in inflation. In the report, three of the Fed's 12 districts-...

  • "The USDA is the U.S. Department of Agriculture, not the U.S. Department of Big Agribusiness." The rule was first proposed by the USDA in 2010 but faced delays after meeting resistance in Congress and by the meat processing industry. The USDA finally released it last December.

  • A nomination could come within weeks as the term of current Chair Janet Yellen ends in February 2018. He faces a choice between two continuity candidates, Yellen and Governor Jerome Powell, and a clutch of outsiders, including Gary Cohn, currently his top economic advisor, former Fed Governor Kevin Warsh, and Stanford University economics professor John Taylor.

  • A nomination could come within weeks as the term of current Chair Janet Yellen ends in February 2018. He faces a choice between two continuity candidates, Yellen and Governor Jerome Powell, and a clutch of outsiders, including Gary Cohn, currently his top economic advisor, former Fed Governor Kevin Warsh, and Stanford University economics professor John Taylor.

  • John Williams, president of the Federal Reserve Bank of San Francisco.

    John Williams, the president of the Federal Reserve Bank of San Francisco, argues that the American economy is healthier than it looks.

  • FRANKFURT- Opening speech by the ECB President Mario Draghi at the ECB Conference "Structural reforms in the euro area" in Frankfurt, Germany 0810 GMT. FRANKFURT- ECB Chief Economist Peter Praet will take part in a panel discussion on structural reforms in the euro area at the ECB's headquarters in Frankfurt 1145 GMT. NEW YORK- Federal Reserve Bank of New York...

  • WASHINGTON, Oct 17- Verizon Communications Inc said on Tuesday it will pay $17.7 million to resolve a probe by U.S. regulators and the Justice Department into potential payment violations related to a federal school broadband program. The Federal Communications Commission, the U.S. telecoms regulator, and the Department of Justice said Verizon had invoiced...

  • CHICAGO, Oct 17- The U.S. Department of Agriculture in a filing on Tuesday said it will dismantle Obama-era rules for buying and selling livestock, a move that has divided the U.S. meat industry. Agriculture Secretary Sonny Perdue withdrew an interim final rule and a proposed regulation of the Farmer Fair Practices Rules under USDA's Grain Inspection, Packers...

  • WASHINGTON, Oct 17- Verizon Communications Inc will pay $17.7 million to resolve a Federal Communications Commission and Justice Department investigation into potential violations of competitive bidding rules for a government program that helps bring broadband service to schools and libraries. The settlement follows an investigation into Verizons...

  • Oct 17- Utility regulators in Florida on Tuesday rejected Florida Power& Light's request to recover costs incurred after 2016 for two new nuclear reactors at the utility's Turkey Point power plant. FPL, a unit of Florida energy company NextEra Energy Inc, said it was still pursuing licenses to build the new reactors from the U.S. Nuclear Regulatory Commission.

  • WASHINGTON, Oct 17- Federal aviation regulators came under fire on Tuesday after a probe found that they had failed to impose adequate oversight or rules on hot-air balloons before 16 people were killed in a July 2016 Texas crash, including the pilot who was impaired by medication and had been incarcerated twice. Earlier this year, the FAA said no new balloon...

  • NEW YORK, Oct 17- The dollar rose to a one-week high against a basket of currencies on Tuesday on speculation that U.S. Yields climbed as well on growing expectations that Trump favored Stanford economist John Taylor to head the U.S. central bank. Yellen so under his potential tutelage, the central bank might lift borrowing rates more aggressively, which would...

  • WASHINGTON— The Department of Veterans Affairs said Tuesday it would proceed with a narrow waiver to an ethics law banning VA employees from receiving benefits from for-profit colleges, saying most cases posed no actual conflicts of interest with private companies vying for millions in GI Bill tuition. The VA had originally sought to suspend the law,...

  • WASHINGTON, Oct 17- U.S. financial regulators moved on Tuesday to make it easier for real estate deals to get done in areas of the country ravaged by recent hurricanes, in a bid to boost recovery efforts. Federal Reserve, Federal Deposit Insurance Corporation, National Credit Union Administration, and the Office of the Comptroller of the Currency.

  • WASHINGTON— President Donald Trump said Tuesday that he is likely to make his selection for the next Federal Reserve chairman from five candidates, a group that includes current Chair Janet Yellen. Before Trump met with reporters in the Rose Garden, a White House official speaking on condition of anonymity said that the five finalists are Yellen, current Fed...

  • TRUMP TO LIKELY ANNOUNCE FEDERAL RESERVE CHAIR PICK FROM POOL OF FIVE CANDIDATES BEFORE LEAVING FOR ASIA TRIP IN EARLY NOV- SOURCE FAMILIAR.

  • NEW YORK, Oct 17- The dollar rose to a one-week high against a basket of currencies on Tuesday on speculation that U.S. Yields climbed as well on growing expectations that Trump favored Stanford economist John Taylor to head the U.S. central bank. Yellen so under his potential tutelage, the central bank might lift borrowing rates more aggressively, which would...

  • NEW YORK, Oct 17- The dollar rose to a one-week high against a basket of currencies on Tuesday on speculation that U.S. Yields climbed as well on growing expectations that Trump favored Stanford economist John Taylor to head the U.S. central bank. Yellen so under his potential tutelage, the central bank might lift borrowing rates more aggressively, which would...

  • WASHINGTON, Oct 17- The chairman of the Federal Communications Commission said Tuesday the agency does not have authority to revoke broadcast licenses, despite suggestions from President Donald Trump. Ajit Pai, a Republican who was named chairman of the telecommunications regulator in January, broke days of silence by rejecting Trump's tweet that the FCC...

  • WASHINGTON, Oct 17- U.S. industrial output rose in September as the effects of Hurricanes Harvey and Irma began to fade and construction and utilities production bounced back, the Federal Reserve said on Tuesday. Overall industrial production increased 0.3 percent in September after an upwardly revised 0.7 percent decline in August. Industrial production...