Politics and Government

The measures are significantly more dramatic than some previous Democratic proposals – a reflection of the proximity to the midterm elections and the early interest surrounding the presidential race in 2020.

“I think the Fed is making a mistake. They are so tight. I think the Fed has gone crazy,” Trump said from Erie, Pennsylvania.

The latest move by China’s central bank to cut the amount of reserves held by banks is an indication that authorities in the world’s second-largest economy are getting nervous about a long-drawn trade war with the U.S., experts said.

With midterm elections one month away, all eyes on are on Florida, which is considered a battleground state for the Senate. And as John Harwood reports, the Sunshine State will likely determine this year’s race.

The Trump administration’s new trade deal with Canada and Mexico leaves much of the old North American Free Trade Agreement intact. There are some key differences, however, particularly when it comes to the dairy and auto industries.

“There’s going to be a supplemental FBI background investigation” Majority Whip Sen. John Cornyn, R-Texas, said Friday. The Texas Republican said the delay would last no longer than a week.

With the 2014 Farm Bill set to expire after this weekend and no deal reached by a conference committee, it’s likely the legislation won’t be taken up by Congress until after the November elections.

Trump has waffled on the idea of shutting down the government in recent weeks as funding is set to expire at midnight Sunday.

The president’s comments were at odds with the official White House position that both women be permitted to speak publicly.

NBC News says Rosenstein will refuse to resign if asked to do so.

The U.S. and Mexico are prepared to move ahead alone on a new trade agreement, and Canada may get left behind, a top White House official said Friday.

The U.S. and China fired their latest billion-dollar shots in the escalating trade war this week. One market watcher is ready to declare a winner.

China said it will issue new tariffs on a list of 5,207 U.S products, according to a Reuters report.

Michael Froman, now Mastercard’s vice chairman and president for strategic growth, discussed the current state of global trade with CNBC on Saturday at the annual Singapore Summit.

President Donald Trump is looking to impose 10 percent tariffs Chinese imports, below the 25 percent level previously floated by the administration.