Fed Chair Jerome Powell says central bank in no rush to reach ‘neutral rate’
Kenny Porcari, chief market strategist at Slate Stone Wealth, talks about Fed Chair Jerome Powell's job and what steps President Trump will take to expand Bernie & Company's economy. Federal Reserve Chairman Jerome Powell He said Thursday that central bank policymakers are in no hurry to cut interest rates to the so-called “neutral rate” and […]
Trump taps ex-SEC chair to serve as US attorney for Southern District of New York
President-elect Trump announced Thursday that former Securities and Exchange Commission (SEC) Chairman Jay Clayton will become U.S. attorney for the Southern District of New York. This role is considered by legal experts to be one of the most powerful positions in the Department of Justice. President Trump: “Jay is a highly respected business leader, lawyer […]
Rand Paul Says He’ll Bring Back Major Trump-Era Border Program As Senate Chair
Sen. Rand Paul, Republican of Kentucky, said Thursday that he will work to revive the Remain in Mexico program as the next chairman of the Senate Homeland Security and Governmental Affairs Committee. Republicans in both houses of Congress are now in a better position to support President-elect Donald Trump's policies during his second term, following […]
McCormick sues over ‘illegal ballots’ — RNC chair calls out Dems for attempt to overturn PA election
Multiple local and national newspapers reported last week that Republican challenger and veteran Dave McCormick would win Pennsylvania's U.S. Senate race. Despite the writing on the wall, incumbent Democratic Sen. Bob Casey is not admitting defeat. Mr. Casey's supporters are now engaging in exactly that, repeating the same kind of language that Democrats have spent […]
Tom Cotton Elected Senate Republican Conference Chair
Sen. Tom Cotton (R-Ark.) will become the third-ranking Senate Republican on Wednesday and win the race for conference president. Cotton defeated Sen. Joni Ernst (R-Iowa) by a landslide margin of 35-18, Politico. report. The primary responsibility of the conference chair is to support messaging for conference members and their staff. Cotton is known on the […]
Democratic committee chair pours cold water on replacing Sotomayor before Trump takes office
Top Democratic officials say the story of Supreme Court Justice Sonia Sotomayor retiring and being filled before President-elect Donald Trump takes office is “baseless speculation” and not “realistic.” Senate Judiciary Chairman Dick Durbin (D-Ill.) made the comments to Politico following reports that Democrats are discussing whether to ask the 70-year-old to vacate his seat. He […]
Rand Paul backs Kat Cammack for House Republican Conference Chair, Rick Scott for Senate Majority Leader
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Swing state rep announces run for GOP conference chair after Stefanik tapped for UN ambassador
Rep. Lisa McClain (R-Mich.) has officially announced her candidacy for chair of the Republican Conference in the next Congress, following the current chair's selection for the top role in the Trump administration. “The modern Republican Party embodies my home state of Michigan, giving Republicans a majority in the White House, the Senate, and the House […]
Rep. Richard Hudson seeks second term as NRCC chair
National Republican Congressional Committee (NRCC) Chairman Richard Hudson of North Carolina, seeking re-election for a second term as House Republican campaign leader, has ended speculation about his next move. House Republicans are poised to give their stamp of approval to the current leadership team. For the next Congress. His decision comes as House Republicans appear […]
Trump weighs Wall Street lawyer Richard Farley as SEC chair candidate: sources
A top Wall Street lawyer known for his research on leveraged buyouts has been floated as a candidate to head the Securities and Exchange Commission under the Trump administration, the Post reported. According to people familiar with the matter, Richard Farley, a partner at the blue-chip New York law firm Kramer, Levin, Naftalis & Frankel […]