Democratic Party presidential candidates are talking about wealth inequality and corporate greed, but there is a lack of current focus on giving working Americans access to the best wealth generation tool: stock ownership.
Brown's new bill would prohibit "excessive" buybacks and require companies to offer employees $1 for every $1 million of stock repurchases.
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...
Trump's embattled Federal Reserve board pick Stephen Moore is comparing reaction to his nomination to that of Supreme Court Justice Brett Kavanaugh.
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...
The plan doesn't include tax increases on the wealthy or corporations — measures embraced by several Democratic presidential candidates.
WASHINGTON/ NEW YORK, April 9- The U.S. Consumer Financial Protection Bureau has told Congress that "all options are on the table" for enforcing a 2018 consent order against Wells Fargo, raising the prospect of potential future penalties or other sanctions against the bank. In a letter to Democratic Senators Elizabeth Warren and Sherrod Brown published by the...
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.
Ryan represents a district with a large auto-industry presence and will likely tout his efforts to boost manufacturing in a challenge to Trump's outreach to blue-collar workers.
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.
March 28- Wells Fargo& Co said on Thursday Tim Sloan will resign immediately as its chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal. Sloan, a 31- year veteran at the bank, took the helm of the company in October 2016 after John Stumpf resigned following revelations that the bank opened potentially...
2020 Democratic presidential candidates agree they want universal health coverage. They only differ in their views on how to get there.
Brown said he will focus on labor issues as he tries to help a Democratic presidential candidate defeat President Donald Trump.
Once the last Chevy Cruze sedan rolls off the line Wednesday, thousands of workers will start building new lives as retirees or in new jobs.
*Fed chief to appear before Senate committee on Tuesday. WASHINGTON, Feb 25- Federal Reserve Chairman Jerome Powell worked hard to strengthen ties with Congress during his first year as head of the U.S. central bank, doubling the pace of meetings with lawmakers over his predecessors and courting Democrats and Republicans alike. Democrats won control of the U.S....
*Fed chief to appear before Senate committee on Tuesday. WASHINGTON, Feb 25- Federal Reserve Chairman Jerome Powell worked hard to strengthen ties with Congress during his first year as head of the U.S. central bank, doubling the pace of meetings with lawmakers over his predecessors and courting Democrats and Republicans alike. Democrats won control of the U.S....
The Fed could use a few friends in Washington. The central bank has entered the Trump crosshair, and Powell's job has been in jeopardy.
Nearly all of President Donald Trump's would-be opponents in 2020 have staked out their support for expanding health-care coverage.
"There's an argument that you don't destabilize a society by doing too much change at once," says the former Massachusetts congressman.
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