For Hassett, Loyalty to Trump Became a Liability in Fed Race
Kevin A. Hassett had been seen as the front-runner in the Fed race, but his deep ties to the president raised questions about his independence.
Kevin A. Hassett had been seen as the front-runner in the Fed race, but his deep ties to the president raised questions about his independence.
Mr. Warsh is known as a consensus builder, skills he will need if he is to head the Federal Reserve when President Trump is demanding rock-bottom rates.
The Treasury Secretary Scott Bessent tried to avoid providing President Trump with a clear recommendation to lead the central bank.
Energy experts said that governors and legislatures have tools to keep electricity prices from rising further, and might even be able to lower them.
Investors are increasingly souring on the United States, as illustrated by the declining dollar, the stalled stock market and rising government borrowing costs.
Wealthy buyers and tourism entrepreneurs are acquiring abandoned European villages — school, church and bar included.
Israel’s military confirmed the strikes, which come during a ceasefire that Israel and Hamas accuse each other of breaking.
Residents in the Ukrainian capital are finding joy in unusual places, despite power cuts caused by Russian attacks and freezing winter temperatures.
Environmental and Energy problems in the South Caucasus are providing opportunities for larger neighbors, such as Iran and Russia, to intervene in the region’s conflicts.
The mine gave way after heavy rains on Wednesday, a local rebel spokesman says.