Politics


 

US markets: Mnuchin to convene crisis team amid White House chaos

Treasury secretary talks to bank CEOs and calls together working group created after 1987 market crashThe US Treasury secretary has sought to calm market jitters about White House dysfunction and the government’s partial shutdown, calling the heads of the nation’s six largest banks and gathering the “plunge protection team” that formed after the crash of 1987.Steven Mnuchin called the bank CEOs on Sunday in an apparent attempt to reassure financial markets. In the unusual move, Mnuchin disclosed...
Tags: Business, White House, US, Economics, Stock Markets, Global Economy, Treasury, US economy, US markets, US Treasury, Federal Reserve, Donald Trump, Trump Administration, Mnuchin, Steven Mnuchin, Wells Fargo Continue


Here's what you missed this weekend: The US government shut down, another top US military official left over a rift with Trump, and a tsunami devastated Indonesia

The biggest news this weekend was about the partial US government shutdown. President Donald Trump also announced Defense Secretary James Mattis will leave his position by New Year's. Treasury secretary Steve Mnuchin called top bankers on Sunday following a tumultuous month for US markets. A tsunami hit Indonesia, killing over 200 people and injuring at least 800. Parkland shooting survivor David Hogg announced he's going to Harvard University next year. The weekend before Christmas was event...
Tags: Chris Christie, Isis, Congress, Indonesia, Washington, Mexico, Cbs News, White House, Defense, US, Trends, Syria, Harvard University, New Jersey, Treasury, Santa


Tax and financial lessons from the government shutdown

I'm getting a lot of feedback about the partial government shutdown, specifically about the pay status of Internal Revenue Service (and other federal) personnel who will report to work next week and those who are furloughed. More than 420,000 federal employees who will work will do so without pay, according to a report from the Democrats on the Senate Appropriations Committee. The additional 380,000 furloughed workers head home to wait out the closure, again without pay. Those 800,000 or so fe...
Tags: Taxes, Congress, Washington, Senate, White House, Politico, United States, House, Senate Appropriations Committee, Capitol Hill, Sam, Irs, Opm, Perry, Internal Revenue Service, Donald J Trump


White House Says President Trump Would Accept Less Money for Border Wall

Mulvaney: 'We moved off of the five and we hope they move up from their 1.3'
Tags: News, Congress, White House, Uncategorized, Border Wall, Mulvaney, Onetime


Mulvaney: Trump "now realizes" he can't fire Federal Reserve Chairman Jerome Powell

Trump "now realizes" he can't fire Fed chief Powell, acting White House Chief of Staff Mick Mulvaney says. Trump has blasted Powell for raising rates            [Author: USA TODAY]
Tags: Usa, News, White House, Federal Reserve, Usa Today, Trump, Fed, Powell, Jerome Powell, Mick Mulvaney, Mulvaney


Trump forces Mattis out of Pentagon early as Turkish troops mass on Syrian border

President Donald Trump announced on Sunday that he was replacing James Mattis as secretary of defence two months earlier than had been expected, amid what officials said was anger at the general's resignation letter and the attention it had received. Mr Trump's new appointment, the current deputy secretary of defence, Patrick Shanahan, will begin work on January, pushing out his boss from the post he was due to hold until the end of February. Though Mr Shanahan's appointment had b...
Tags: Isis, News, White House, Defense, US, America, Barack Obama, Turkey, Syria, Cnn, Nato, George Bush, Pentagon, Associated Press, Recep Tayyip Erdogan, Donald Trump


Top Trump aide says government shutdown may go into New Year

"It's very possible this shutdown will go beyond (December) the 28th and into the new Congress," Mick Mulvaney said on Fox News Sunday. "I don't think things are going to move very quickly here for the next few days" because of the Christmas holiday, added Mulvaney, who serves as director of the Office of Management and Budget and was named acting White House chief of staff 10 days ago. Mulvaney said the White House made a "counter-offer" to Democrats on funding for border security that fell b...
Tags: News, Congress, White House, Fox News, Trump, Office of Management and Budget, Top Trump, Mick Mulvaney, Mulvaney


Trump's acting chief of staff says president will not fire Federal Reserve Chairman Jerome Powell

"He now realizes he does not have the authority," acting White House Chief of Staff Mick Mulvaney said Sunday on ABC's "This Week."
Tags: News, Abc, White House, Federal Reserve, Jerome Powell, Mick Mulvaney


Government shutdown, day 2: White House makes 'counteroffer,' asks for less than $5B for border wall funding

Parts of the federal government will likely remain closed through next week after Democrats and Republicans failed to end a budget standoff.            [Author: USA TODAY]
Tags: Usa, News, White House, Usa Today


White House: Trump would accept less money for border wall

A top White House official signaled Sunday that President Donald Trump is willing to accept less money than he's been demanding to build a U.S.-Mexico border wall, but a senior congressional Democrat said that, while their own offer could be sweetened, they still will not agree to a wall.
Tags: Mexico, White House, Donald Trump, Trump


Mulvaney: President Trump Realizes He Can’t Fire the Federal Reserve Chairman

Mick Mulvaney echoed the comments of Treasury Secretary Steven Mnuchin
Tags: News, White House, Uncategorized, Federal Reserve, Trump, Mick Mulvaney, Mulvaney, Onetime


Trump says Defense Secretary Mattis is out as of Jan. 1 — 2 months early

WASHINGTON — Irritated with the criticism and fallout from Defense Secretary Jim Mattis’ resignation, President Donald Trump on Sunday pushed the Pentagon chief out the door two months earlier than planned, an acrimonious end to a tense relationship that had been eroding in recent months. In a series of tweets, Trump appeared to questions why he had put Mattis in his Cabinet in the first place, and said deputy defense secretary Patrick Shanahan will take over as acting secretary on Jan. 1 to cov...
Tags: Asia, Politics, Isis, News, Abc, Washington, Senate, White House, Islamic State, Russia, Defense, Department Of Defense, Sport, Turkey, Iran, Syria


Political figures celebrate Paddy Ashdown's energy, bravery and humour

Praise for politician who transformed Lib Dems and oversaw peace in the BalkansTributes have poured in from across the political world and beyond for the former Liberal Democrat leader and ex-marine, Paddy Ashdown, who died on Friday night, aged 77, only two months after he revealed he was being treated for bladder cancer.Ashdown will be best remembered for transforming the Liberal Democrats into an effective third party – gaining their best ever result at the 1997 election – and for serving as ...
Tags: Europe, Politics, UK News, House Of Lords, Liberal Democrats, House Of Commons, United Nations, Bosnia Herzegovina, Balkans, Dayton, Ashdown, Paddy Ashdown, Lord Ashdown


President Trump Pushes Mattis Out of the Pentagon Two Months Earlier Than Planned

Anger has mounted in the West Wing administration officials told TIME
Tags: News, White House, Uncategorized, Pentagon, Trump, West Wing, Onetime


‘Very Possible’ Shutdown Goes Into 2019, Says Incoming Chief of Staff Mick Mulvaney

"I don't think things are going to move very quickly here"
Tags: News, White House, Uncategorized, Shutdown, Trump, Mick Mulvaney, Onetime


Trump Names Patrick Shanahan Acting Secretary of Defense, Moves Up Mattis’ Departure

President Donald Trump announced Sunday in a tweet that Deputy Secretary of Defense Patrick Shanahan will take over as Acting Secretary of Defense after the resignation of Jim Mattis due to Trump’s decision to withdraw U.S. troops from Syria. The tweet also revealed that Mattis, who was originally scheduled to depart his duties at the […]
Tags: Politics, News, Defense, Syria, Donald Trump, Trump, Mattis, Patrick Shanahan, President Donald Trump, Jim Mattis


Source: Trump 'hates' Mattis resignation letter

A source close to the White House says President Trump is angry about the resignation letter submitted by Defense Secretary James Mattis. CNN's Leyla Santiago reports.
Tags: News, White House, Defense, Stories, Trump, Mattis, James Mattis, Leyla Santiago


Trump Team Attempts to Assure Markets That Powell's Job Is Safe

Treasury Secretary Steven Mnuchin said in a pair of tweets Saturday evening that he’d spoken with the president about the matter, and he quoted Trump saying he didn’t believe he had the authority to remove the central bank chief. Mick Mulvaney, the incoming White House chief of staff, said Sunday he’d spoken to Mnuchin and that Trump “now realizes he does not have the ability” to fire a Fed chairman.
Tags: News, White House, Treasury, Trump, Fed, Powell, Mick Mulvaney, Mnuchin, Steven Mnuchin, Trump Team Attempts


Mattis' departure from White House expedited as Trump announces replacement

Donald Trump, the US president, on Sunday said he was replacing Defense Secretary Jim Mattis on Jan. 1 with deputy defense secretary Patrick Shanahan in an acting capacity after Mr Mattis resigned over policy differences and offered to stay in his post for two more months. A source familiar with the situation told Reuters that Trump was irked by the attention given to Mr Mattis' resignation letter, which implicitly criticized Trump's foreign policies and his treatment of military allie...
Tags: News, White House, Defense, US, Syria, Donald Trump, Boeing, Trump, Reuters, Patrick, Boeing Co, Shanahan, Mattis, Patrick Shanahan, Jim Mattis


Government shutdown, day 2: White House makes 'counter-offer,' asks for less than $5B for border wall funding

Parts of the federal government will likely remain closed through next week after Democrats and Republicans failed to end a budget standoff.            [Author: USA TODAY]
Tags: Usa, News, White House, Usa Today


White House official says it’s ‘very possible’ the shutdown stretches into 2019

WASHINGTON — A top White House official warned Sunday that it’s “very possible” the partial government shutdown stretches into the new year and that how quickly numerous shuttered Cabinet departments and agencies resume doing the people’s business is up to Congress. “The ball is in the Senate’s court,” acting White House chief of staff Mick Mulvaney said. Senate Democrats, who oppose funding for President Donald Trump’s promised border wall, contend government could reopen immediately if Trump d...
Tags: Florida, Politics, New York, News, Congress, Abc, Washington, Mexico, Senate, White House, Sport, Nasa, Fbi, Soccer, Democrats, Gop


Trump's chief of staff says president will not fire Federal Reserve Chairman Jerome Powell

"He now realizes he does not have the authority," acting White House Chief of Staff Mick Mulvaney said Sunday on ABC's "This Week."            [Author: USA TODAY]
Tags: Usa, News, Abc, White House, Federal Reserve, Usa Today, Jerome Powell, Mick Mulvaney


Trump's Wall Shutdown Sets Table for a Risky 2020 Gamble

Trump won the White House in part by depicting the nation as beset by uncontrolled immigration that was the root of a complex set of problems, from lost jobs, to crime, to the opioid epidemic, that drove the economic and cultural grievances of his voters. The border wall -- whether it’s a concrete barrier or “artistically designed steel slats,” as Trump recently described it -- has become a potent symbol of that for the president and his supporters. “Immigration is the policy issue that most i...
Tags: News, White House, Trump


Trump aide: White House, central bank tension not unusual

WASHINGTON (AP) — A White House official says tension between a president and the interest-rate setting Federal Reserve is "traditional as part of our system."Acting chief of staff Mick Mulvaney says it should come as no surprise... [Author: [email protected]]
Tags: Business, Washington, White House, Ap, Federal Reserve, Trump, Mick Mulvaney


White House attacks on Fed chair fuel fears of market turmoil in 2019

US Treasury secretary denies Donald Trump had suggested ousting Jerome PowellGlobal investors are braced for more turbulence in 2019 after the White House intensified its criticism of the US’s most senior central banker.Over the weekend, a flurry of reports claimed Donald Trump had discussed the possibility of firing the Federal Reserve chairman, Jerome Powell. Such an unprecedented move would trigger further instability in the markets, which have already had their worst year since the 2008 cris...
Tags: Business, White House, US, Economics, World news, US news, Stock Markets, US politics, Treasury, US economy, US markets, Ftse, Federal Reserve, Donald Trump, Fed, Jerome Powell


Markets face instability in 2019 as White House intensifies attacks on Fed chair

US Treasury secretary denies Donald Trump had suggested ousting Jerome PowellGlobal investors are braced for more turbulence in 2019 after the White House intensified its criticism of the US’s most senior central banker.Over the weekend, a flurry of reports claimed Donald Trump had discussed the possibility of firing the Federal Reserve chairman, Jerome Powell. Such an unprecedented move would trigger further instability in the markets, which have already had their worst year since the 2008 cris...
Tags: Business, White House, US, Economics, World news, US news, Stock Markets, US politics, Treasury, US economy, US markets, Ftse, Federal Reserve, Donald Trump, Fed, Jerome Powell


The Threat in the White House

With the impetuous decisions that drove Jim Mattis into retirement, President Trump does more to undermine American national security than any foreign adversary.
Tags: News, White House, Iraq, Syria, Taliban, Defense Department, Trump, Mattis, Donald J, United States International Relations, Islamic State in Iraq and Syria (ISIS, Jim Mattis, United States Defense and Military Forces, James N, Afghanistan War (2001-


White House Budget Chief Says Shutdown May Extend Into January

Mick Mulvaney, the budget director and incoming chief of staff, said that the White House had made Democrats an offer below the $5 billion figure President Trump had demanded for a border wall.
Tags: News, Senate, White House, Trump, Mick, Durbin, Mick Mulvaney, United States Politics and Government, Donald J, Richard J, Mulvaney, Shutdowns (Institutional, Federal Budget (US


Mulvaney says 'very possible' shutdown stretches into 2019

A top White House official warned Sunday that it's "very possible" the partial government shutdown stretches into the new year and that how quickly numerous shuttered Cabinet departments and agencies resume doing the people's business is up to Senate Democrats.
Tags: Senate, White House, Mulvaney


Mulvaney and Mnuchin Say Trump Knows He Lacks Authority to Fire Fed Chairman

with Jerome Powell, the chairman of the Federal Reserve Board, in October. Mr. Mnuchin said on Twitter that President Trump did not plan to fire Mr. Powell.Two White House officials responded to reports that President Trump had asked aides whether he could fire the Fed chairman, Jerome H. Powell.
Tags: News, White House, Interest Rates, Trump, Fed, Powell, Federal Reserve Board, Jerome Powell, Appointments and Executive Changes, United States Politics and Government, Donald J, Federal Reserve System, Mulvaney, Mnuchin, Jerome H, Powell Two



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