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Kayla Tausche, NBR, CNBC.com’s Posts
President Donald Trump and economic advisor Peter Navarro are alone in the White House when it comes to blaming Federal Reserve Chairman Jerome Powell for the economic slowdown, administration officials told CNBC.
President Donald Trump has decided not to intervene in U.S. currency markets after convening Cabinet officials and top level economic advisors to discuss the issue, according to Larry Kudlow and two other people familiar with the meeting.
President Donald Trump has told aides and allies that he is considering removing Commerce Secretary Wilbur Ross after a stinging Supreme Court defeat on adding a citizenship question to the census, according to multiple people familiar with the conversations.
The White House plans to send its replacement for the North American Free Trade Agreement to Congress after Sept. 1, setting up a vote by the end of the year, sources told CNBC.
Beijing billed President Donald Trump’s 2017 trip as a “state visit-plus” — rolling out the red carpet for an unprecedented private dinner in the Forbidden City, marching a military parade through Tiananmen Square, and hosting a signing ceremony in the colossal Great Hall of the People to unveil business deals totaling more than $250 billion.
U.S. business groups are considering suing the White House over the Trump administration’s new tariffs on Mexican imports.
The Trump administration plans to delay auto tariffs by up to six months, stopping itself for now from widening global trade disputes, sources told CNBC.
The effort was spurred by the blockage of the construction of the 125-mile Constitution Pipeline from Pennsylvania to New York.
China has offered a six-year boost in imports during its ongoing talks with the U.S., officials familiar with the matter told CNBC.
Small business advocacy groups are giving mixed reviews on President Trump’s performance thus far.
Rep. Jeb Hensarling has signaled that the future of the Durbin Amendment is unclear, but he wouldn’t commit to removing it himself.
In the last week, New Hampshire, Kentucky and Colorado have moved rate deadlines to June from April or May.
The end of the Federal Reserve’s quantitative easing program and its fight against “too big to fail” banks are on a collision course in the bond market. When quantitative easing ends in October, the market for Treasurys and mortgage-backed securities will see its biggest net buyer stepping back. But because of new regulations requiring the …
Consumers can expect a flurry of thick, credit-card-carrying mail as some banks attempt to get high-tech chip cards into their hands before the holidays. The catalyst: A series of high-profile security breaches at U.S. retailers caused an acceleration of a multi-year transition to the chip-and-pin technology. A year ago, credit card issuers thought the Europe-led …
For five years, U.S. consumers have been undergoing a massive debt reduction: Paying off credit cards, paring back spending and building up funds for a rainy day. Investors, though, have been looking to see whether Wall Street banks are lending for a positive sign that the economic recovery is picking up steam. Last week, investors …