The group argues that Trump should be consulted on rate decisions and would have the authority to remove Jerome Powell as Fed Chair before his term ends in 2026, the report added. Trump had picked Powell in 2017 to lead the U.S. central bank but turned against him soon after.
The Biden administration has reportedly abandoned its plans to ban menthol cigarettes after warnings that it could push away some Black voters. The Wall Street Journal reported on Friday the White House dropped its plans for the ban after weighing the potential public health benefits against possible political repercussions. “This rule has garnered historic attention…
(Bloomberg) International Business Machines Corp. is in advanced talks to acquire software company HashiCorp Inc., according to people with knowledge of the matter.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapBillionaire Pinaults Fight to Pull Gucci Off the Discount RackRay Dalio’s Famous Trade Is Sputtering, Investors BailingIBM and H
(Bloomberg) Salesforce Inc.’s takeover talks with Informatica Inc. have cooled with both parties struggling to agree to terms, according to a person familiar with the matter.Most Read from BloombergTikTok to Remove Executive Tasked With Fending Off US ClaimsElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayThe Fed’s Forecasting Method Looks Increasingly Outdated as Bernan