Wednesday, November 22, 2017

Yellen to step down from Federal Reserve board

Janet Yellen submitted her resignation from the Federal Reserve board to President Donald Trump on Monday, announcing that she will leave when her successor is sworn in as Fed chairman.

Health nominee reaped big earnings from drug industry tenure

Newly disclosed financial records show that President Donald Trump’s nominee to become Health and Human Services secretary reaped big earnings during his tenure as a top pharmaceutical executive.

White House open to striking health provision from tax bill

The White House may concede that the mandate requiring Americans to buy health insurance or face a fine must stay in place. For now.

2nd woman accuses Sen. Al Franken of improper conduct

A second woman has accused Minnesota Sen. Al Franken of improper conduct, saying he put his hand on her bottom as they posed for a picture at the Minnesota State Fair in 2010 — after he had begun his career in the Senate.

White House: True cost of opioid epidemic tops $500 billion

The White House says the true cost of the opioid drug epidemic in 2015 was $504 billion, or roughly half a trillion dollars.

FBI report on black ‘extremists’ raises new monitoring fears

An FBI report on the rise of black “extremists” is stirring fears of a return to practices used during the civil rights movement, when the bureau spied on activist groups without evidence they had broken any laws.

Tax filers in most states claim deduction targeted by GOP

But the change to the deduction for state and local taxes could alter the bottom lines for millions of taxpayers who itemize

Trump delays new policy on importing elephant parts

President Donald Trump said Friday he’s delaying a new policy allowing the body parts of African elephants shot for sport to be imported until he can review “all conservation facts.”

Ivanka Trump says child tax credit ‘not a pet project

The presidential daughter and adviser, in a “full-blown sprint” as she sells the Republican tax overhaul plan and juggles other initiatives, has had it with all that talk about her “pet project” to increase the child tax credit.

US puts Palestinians on notice: DC office may be shuttered

The Trump administration put the Palestinians on notice Friday that it will shutter their office in Washington unless they’ve entered serious peace talks with Israel, U.S. officials said, potentially giving President Donald Trump more leverage as he seeks an elusive Mideast peace deal.