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Jason Lange

Mnuchin says U.S. government would shield Trump tax returns from Congress

15 Mar 2019

WASHINGTON U.S. Treasury Secretary Steven Mnuchin said on Thursday that he would shield President Donald Trump's tax returns from Congress, during remarks that could signal the administration's approach to an expected request from congressional Democrats.

Mnuchin says U.S. government would shield Trump tax returns from Congress

14 Mar 2019

WASHINGTON U.S. Treasury Secretary Steven Mnuchin said on Thursday that he would shield President Donald Trump's tax returns from Congress, during remarks that could signal the administration's approach to an expected request from congressional Democrats. | Video

You don't need a PhD anymore to read Fed's statements

27 Feb 2019

WASHINGTON The Fed's policy statements grew so complicated after the recession that standard gauges of readability suggested people needed four years of university or more to understand them.

Fed's Powell says 'no rush' to hike rates in 'solid' but slowing economy

27 Feb 2019

WASHINGTON The Federal Reserve is in "no rush to make a judgment" about further changes to interest rates, Fed Chairman Jerome Powell told U.S. lawmakers on Tuesday as he spelled out the central bank's approach to an economy that is likely slowing. | Video

Fed flags end to balance sheet runoff, patience on rates

21 Feb 2019

The Federal Reserve on Wednesday signalled they will soon lay out a plan to stop letting go of $4 trillion (3 trillion pounds) in bonds and other assets, but policymakers are still debating how long their newly adopted "patient" stance on U.S. rates policy will last. | Video

Fed's Mester says higher rates likely needed later this year

19 Feb 2019

NEWARK, Del. The U.S. Federal Reserve may need to raise interest rates in 2019 but it could still end its efforts to trim its massive bond portfolio before the end of the year, Cleveland Federal Reserve President Loretta Mester said on Tuesday.

Weak demand for U.S. consumer loans fuels spending outlook worries

05 Feb 2019

WASHINGTON A sharp drop in demand for U.S. auto and credit card loans could point to a troubling answer to a question vexing economists in recent weeks: Are consumers poised to pull back despite surging job growth?

Virginia governor denies being in racist yearbook photo

03 Feb 2019

Virginia Governor Ralph Northam on Saturday resisted mounting pressure from his Democratic party that he resign, denying that he appeared in a racist yearbook photo while admitting he once wore blackface in a dance contest. | Video

In a shift, Fed says will be 'patient' on future rate hikes

31 Jan 2019

WASHINGTON The Federal Reserve on Wednesday signaled its three-year-drive to tighten monetary policy may be at an end amid a suddenly cloudy outlook for the U.S. economy due to global headwinds and impasses over trade and government budget negotiations. | Video

Many Fed policymakers urged patience on future rate hikes: minutes

09 Jan 2019

WASHINGTON A range of Federal Reserve policymakers said last month they could be patient about future interest rate increases and a few did not support the central bank's rate increase that month, minutes from their Dec. 18-19 policy meeting showed.

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