SAN FRANCISCO/ NEW YORK, April 24- Despite new criticism from top Democrats for comments denigrating women and the Midwest, economic commentator Stephen Moore still has the backing of U.S. President Donald Trump for a seat at the Federal Reserve Board. "Steve Moore is in," White House economic adviser Larry Kudlow said on Fox Business Network, adding that once the...
SAN FRANCISCO/ NEW YORK, April 24- Stephen Moore, the economic commentator that U.S. President Donald Trump has said he will nominate to the Federal Reserve Board, is drawing new fire from top Democrats for his comments denigrating, among other targets, women and the Midwest. But Republicans, whose 53 to 47 majority in the U.S. Senate gives them the final say on whether...
Schumer, the top Democrat in the Senate, said he doesn't see Cain and Moore "fitting in with the mission of the Fed, which is to conduct monetary policy and not be political."
Moore is superbly underqualified for the role for which he has been nominated, "Representative Carolyn Maloney, vice chair of the Joint Economic Committee, wrote in a letter to Republican Senator Mike Crapo and Democratic Senator Sherrod Brown, the chair and vice chair, respectively, of the Senate banking committee.
Despite the controversies surrounding Moore's nomination to the Fed, President Donald Trump continues to back Moore's nomination to the Fed, according to a senior White House official who spoke to CNBC.
A timely renewal of the program is a top priority for the American Property Casualty Insurance Association, the trade group's chief executive officer, David Sampson, said in a recent interview. Sampson also wants Congress to make the program permanent and provide more clarity about coverage for cyber terrorism. "I'm not surprised that the industry is already...
WASHINGTON, Feb 26- The nation's major credit reporting agencies faced renewed scrutiny from Congress on Tuesday, as lawmakers consider legislation overhauling the industry. "Our nation's consumer credit reporting system is broken," said Representative Maxine Waters, chairwoman of the House Financial Services Committee. The panel's top Republican,...
Federal Reserve Chairman Jerome Powell speaks on Capitol Hill on housing finance reform and global economic risks . He faces questioning from Mark Crapo (R-Idaho).
Federal Reserve Chairman Jerome Powell speaks on Capitol Hill on wage growth, GDP, and the labor force participation rate. He faces questioning from Mark Crapo (R-Idaho).
Some pro-free trade Republicans delivered searing criticisms of Trump's trade policy on Tuesday, calling his tariffs "incoherent" and describing the farmers' aid parcel as a pair of "gold crutches."
Micron, an American chip maker, says its designs were swiped to help a new Chinese plant. Washington sees a larger pattern, fueling tensions with Beijing.
Big banks, private-equity firms, and national retailers that have vowed to operate with a social conscience could band together to turn Remington into the model of a modern gun company.
A decade later, Congress is pushing to relax rules that were designed to prevent another financial crisis.
Fewer than 10 big banks in the United States would still be subject to the stricter oversight imposed by Dodd-Frank, the New York Times reports.
Two lawmakers are set to unveil a new bill ratcheting up scrutiny on Chinese investments in the U.S.
Republicans in the U.S. House of Representatives voted on Thursday to replace the 2010 Dodd-Frank Wall Street reform law.
White House economic adviser Gary Cohn said he supports a policy that could revamp Wall Street's biggest firms.
Democrats on the Senate Banking Committee raised concerns about his professional ties to Wall Street.
A U.S. Senate panel on Thursday is poised to approve with bipartisan support a raft of bills aimed at spurring capital formation.
The two underpinnings of this rally — the Trump Rally, and the Reflation Trade — are both very much intact.