Reuters US Politics

U.S. imposes trade restrictions on two Chinese firms over human rights

WASHINGTON (Reuters) – The United States added two Chinese companies to a trade restriction list on Tuesday for allegedly enabling human rights violations as President Joe Biden kept up the pressure on Beijing in the waning days of his administration. The Commerce Department, which oversees export policy, added Zhejiang Uniview Technologies Co., Ltd. to the …

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Lara Trump to step down from Republican Party post, eyes Senate seat

WASHINGTON (Reuters) – Lara Trump, President-elect Donald Trump’s daughter-in-law, said she would step down as co-chair of the Republican National Committee (RNC) and would consider a U.S. Senate vacancy if Marco Rubio is confirmed as secretary of state. “The job I came to do is now complete and I intend to formally step down from …

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Trump’s Pentagon nominee Hegseth gets tepid welcome from some Senate Republicans

By Patricia Zengerle, Steve Holland and David Morgan WASHINGTON (Reuters) -President-elect Donald Trump’s embattled pick to lead the U.S. Department of Defense, Pete Hegseth, met with a lukewarm response from some Senate Republicans on Wednesday over allegations about his personal and professional life. Even as Hegseth made his case to Republican lawmakers whose support he’d …

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Trump picks finance professor Faulkender for deputy Treasury secretary

By David Lawder and Ismail Shakil WASHINGTON (Reuters) – U.S. President-elect Donald Trump on Wednesday nominated University of Maryland finance professor Michael Faulkender as deputy U.S. Treasury secretary, returning him to the department where he helped implement a pandemic relief program that kept paychecks flowing to workers idled by COVID-19. Faulkender served as Treasury’s assistant …

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Trump picks former SEC commissioner Paul Atkins to run agency

By Lawrence Delevingne and Douglas Gillison WASHINGTON Reuters) -U.S. Republican President-elect Donald Trump on Wednesday said he would nominate Paul Atkins to run the Securities and Exchange Commission, putting a prominent and experienced conservative Washington insider atop Wall Street’s major regulator. The appointment of Atkins, a lawyer and former top SEC official who has advocated …

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Trump picks Gail Slater to head Justice Department’s antitrust division

By Jody Godoy (Reuters) -U.S. President-elect Donald Trump on Wednesday tapped Gail Slater, an antitrust veteran and economic adviser for JD Vance, to lead the Department of Justice’s antitrust division and take charge of a full docket of blockbuster monopoly cases against companies including Google, Visa and Apple. Slater is expected to continue the department’s …

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Trump picks loyalist Navarro to reprise White House trade role

By David Lawder and Katharine Jackson WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Wednesday he had picked Peter Navarro, a fiercely loyal former aide who did jail time related to the Jan. 6, 2021, U.S. Capitol riot, to be senior counselor for trade and manufacturing, largely reprising a role he played during Trump’s first …

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Trump taps former aide to work on Musk-led government efficiency plan

By David Shepardson WASHINGTON (Reuters) – President-elect Donald Trump on Wednesday named a former White House aide to serve as counsel to an effort co-led by Elon Musk to slash government regulations and the workforce. Trump said in a social media post he had picked William McGinley, who had served in his first presidential term …

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Trump picks Musk ally Jared Isaacman to head NASA

By Joey Roulette WASHINGTON (Reuters) -U.S. President-elect Donald Trump on Wednesday tapped Jared Isaacman to lead NASA, selecting a billionaire private astronaut and business associate of Elon Musk to oversee an agency closely linked to the SpaceX founder’s business. Isaacman, CEO of payment processing company Shift4 Payments, has flown to space twice on SpaceX capsules …

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US Fed’s Powell does not see Trump installing ‘shadow’ chair

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday he is not worried the incoming administration will undermine him as U.S. central bank leader through the people it nominates to Fed leadership ranks. In terms of dealing with a so-called shadow Fed chair, Powell said “I don’t think …

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