Tag: Domestic Politics
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NatWest CEO resigns after admitting to be source for inaccurate story on Nigel Farage
[ad_1] The chief executive of NatWest resigned on Wednesday, leaving after admitting to leaking banking information on a conservative politician to the BBC. Alison Rose will step down “by mutual consent,” just a day after she said she was the source of a story from the BBC that Nigel Farage had his account closed because…
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Romney says GOP presidential no-hopers must bow out by Feb. 26 to stop Trump
[ad_1] “‘Republican megadonors and influencers — large and small — are going to have to do something they didn’t do in 2016: Get candidates they support to agree to withdraw if and when their paths to the nomination are effectively closed. That decision day should be no later than, say, Feb. 26, the Monday following…
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Opinion: Fed officials were slow to fight inflation. Now they may be too easy on it.
[ad_1] Political pressures on the U.S. Federal Reserve and President Joe Biden’s economic agenda have delivered a painful blow — inflation still above the Fed’s 2% target, high interest rates and declining living standards. COVID-induced supply chain disruptions can be blamed for about half of the surge in inflation that began in early 2021. Most of the…
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AI will require ‘some new laws,’ Biden says, even as tech giants agree to safeguards
[ad_1] Realizing the promise of artificial intelligence by managing its risks will require “some new laws, regulations and oversight,” President Joe Biden said Friday, even as several tech companies agreed to new AI safeguards. Amazon AMZN, +0.34%, Google GOOG, +0.55% GOOGL, +0.52%, Meta META, -2.73%, Microsoft MSFT, -0.66% and other companies voluntarily agreed to steps…
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Biden would beat Trump even if a third-party candidate joins White House race: poll
[ad_1] Voters are more interested in another Joe Biden administration than any third-party option or Donald Trump in 2024, according to polling data from Monmouth University. In another Biden vs. Trump election, a combined 47% of voters say they would definitely or probably vote for President Biden and 40% of voters would definitely or probably…
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Biden tasks group to explore ways to prevent future debt-limit standoffs
[ad_1] Less than two months after avoiding a government default, President Joe Biden has tasked a working group to “explore all legal and policy options” to avoid a future debt-limit crisis. The Debt Ceiling Working Group, co-chaired by White House Counsel Stuart Delery and National Economic Council Director Lael Brainard, will include Treasury Secretary Janet…
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Fraudster set free by Trump charged with running new $38-million Ponzi scheme
[ad_1] It pays to have friends in high places. A two-time convicted fraudster who had a 24-year sentence for running a $200 million Ponzi scheme commuted by President Donald Trump on his last day in office has been charged with running a new multimillion-dollar fraud. Eliyahu Weinstein, a 48-year-old, former used-car salesman from Lakewood, N.J.,…
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Joe Manchin to speak in New Hampshire. Will he run for president in 2024?
[ad_1] Democratic Sen. Joe Manchin on Monday night will headline a New Hampshire town hall hosted by a nonprofit that is pushing for a third-party “unity” ticket in the 2024 presidential race. The West Virginia senator will speak at the No Labels town hall in the early-voting state. Manchin has not revealed if he will…
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A ‘wild outcome’: How the Ripple decision scrambles the battle between SEC and crypto industry
[ad_1] A federal judge dealt a significant blow Thursday to Security and Exchange Commission Chair Gary Gensler’s quest to bring the crypto industry to heel, but securities-law experts warn that the legal and political implications of the decision are difficult to predict and may not prove to be a lasting victory for investors in digital…
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Australia appoints Michele Bullock as next RBA governor
[ad_1] SYDNEY — Australian Treasurer Jim Chalmers on Friday appointed Michele Bullock as the next governor of the Reserve Bank of Australia for a seven-year term. The decision elevates Bullock from her current role as Deputy Governor. “Ms. Bullock is the right person to lead the RBA into the future and ensure we have the…