(Reuters) -New York City Mayor Eric Adams said on Thursday that he would run for reelection as an independent, not as a Democrat as he did in his first, successful mayoral bid. The announcement came a day after a federal judge dismissed corruption charges against the former New York City police captain. The decision by …
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By Douglas Gillison (Reuters) – A recent audit showed an “elevated” risk of a data leakage from the comprehensive market data surveillance system used by Wall Street’s top regulator, according to a watchdog report made public this week. While the Office of Inspector General at the U.S. Securities and Exchange Commission said the agency had …
‘Elevated’ risk of data leak from SEC surveillance tool, watchdog says Read More »
By Jessica Donati and Humeyra Pamuk WASHINGTON (Reuters) – The U.S. State Department’s top official overseeing the agency’s management, appointed by President Donald Trump’s administration, is stepping down after less than three months, according to an internal email seen by Reuters on Thursday and a department spokesperson. Tibor Nagy, who also served during the first …
Trump-appointed State Department official steps down after less than 3 months Read More »
(Note: Language in paragraph 10 that some readers may find offensive) (Reuters) – USA Fencing said on Thursday its decision to disqualify a female fencer from a recent event in Maryland after she refused to compete against a transgender opponent was in line with rules established by the sport’s governing body. The incident occurred on …
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By Hannah Lang (Reuters) – Some influential cryptocurrency executives are making a last-minute pitch to Congress to allow interest to be paid on U.S. dollar-pegged tokens as part of popular legislation establishing a regulatory framework for stablecoins. That lobbying effort has been met with mixed reactions from lawmakers, and has also raised concerns from financial …
Crypto execs ask Congress to let stablecoins pay interest as bill set to advance Read More »
By David Shepardson WASHINGTON (Reuters) -Two senior lawmakers on the Senate Finance Committee introduced legislation on Thursday seeking to rein in U.S. President Donald Trump’s ability to impose tariffs and would require congressional approval for new levies within 60 days. Republican Senator Chuck Grassley and Democrat Maria Cantwell introduced legislation that would require the president …
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By Jonathan Landay and Patricia Zengerle WASHINGTON (Reuters) – Termination notices sent by billionaire Elon Musk’s cost-cutting team to U.S. Agency for International Development staff were so rife with errors that corrected versions are being issued to avoid affecting pensions and pay, according to five sources familiar with the issue. The Department of Government Efficiency …
WASHINGTON (Reuters) – The U.S. trade deficit narrowed in February, but the level of imports remained elevated after businesses front-loaded goods to avoid higher prices from tariffs, keeping trade on track to be a drag on economic growth in the first quarter. The trade gap contracted 6.1% to $122.7 billion from a revised record $130.7 …
WASHINGTON (Reuters) – Billionaire Elon Musk will remain a friend and adviser to U.S. President Donald Trump and Vice President JD Vance, even after he leaves his role with the Department of Government Efficiency, Vance said in an interview with Fox News on Thursday. Politico and ABC reported Wednesday that Trump had told members of …
Elon Musk will continue to be adviser, Vance says Read More »
(Reuters) – U.S. President Donald Trump’s 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Anderson Economic Group said in a report on Thursday. WHY IT’S IMPORTANT Manufacturers are expected to bear some of the tariff …
Auto tariff to cost US consumers more than $30 billion in first year, report shows Read More »
