Democratic
U.S. Senate confirms Wally Adeyemo as deputy treasury secretary
The U.S. Senate has confirmed Adewale Wally Adeyemo as Deputy Secretary of the Treasury, making him the first Nigerian-American to hold the powerful job. Adeyemo, 39, has struck a hardline tone on China, vowing to fight what he called Beijing’s “unfair economic practices” and hold China accountable to international rules. He is expected to play a key role in shaping U.S. economic policy on issues ranging from financial regulation to relief for everyday Americans and U.S. sanctions on foreign governments. A former senior adviser at asset manager BlackRock Inc and the child of Nigerian immigrants, Adeyemo served as a top national security and economic adviser to Democratic former President Barack Obama and held senior jobs at the Treasury. The Senate on Thursday confirmed Adeyemo on a voice ...
Donald Trump’s coming impeachment trial aggravates rift among Republicans
The coming second impeachment trial of former U.S. President Donald Trump on a charge of inciting the deadly storming of the Capitol has aggravated a rift among his fellow Republicans that was on full display on Sunday. The post Donald Trump’s coming impeachment trial aggravates rift among Republicans appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
NYT: Republican congressman played a role in Donald Trump’s campaign to fight election loss
A Republican U.S. congressman played a role in ex-President Donald Trump’s efforts to oust the top Justice Department official and replace him with a loyalist willing to support efforts to overturn his election defeat, the New York Times reported on Sunday. Representative Scott Perry of Pennsylvania arranged for Trump to meet Jeffrey Bossert Clark, a Justice Department official who Trump considered naming to replace Acting Attorney General Jeffrey Rosen earlier this month, the newspaper reported. Clark, the Times reported, was sympathetic to Trump’s “Stop the Steal” campaign, and he met with Perry to discuss a plan to have the Justice Department send Georgia a letter disclosing the department would be investigating the election results. Reuters has not independently verified the details of...
U.S. Senate confirms Joe Biden nominee Lloyd Austin as defense secretary
The U.S. Senate on Friday confirmed President Joe Biden’s nominee, retired Army General Lloyd Austin, to serve as Secretary of Defense – the first Black American in the role. The vote was an overwhelming 90-2 in the 100-member chamber, far more than the simple majority needed. Lawmakers from both parties said they were pleased that Austin would be installed to lead the Pentagon just two days after Biden was sworn in as president on Wednesday. Senator Jack Reed, the incoming Democratic chairman of the Senate Armed Services Committee, noted the wide range of challenges facing the country – including the coronavirus pandemic and competition with China and Russia. “General Austin is an exceptionally qualified leader with a long and distinguished career in the U.S. military,” Reed said before t...
U.S. imposes fresh sanctions on Iran in final days of Donald Trump presidency
The United States on Friday sanctioned companies in Iran, China and the United Arab Emirates for doing business with the Islamic Republic of Iran Shipping Lines and on three Iranian entities over conventional arms proliferation. They are the latest in a series of measures aimed at stepping up pressure on Tehran in the waning days of President Donald Trump’s administration, which ends on Jan. 20. U.S. Secretary of State Mike Pompeo said Washington had sanctioned seven companies, including Chinese-based Jiangyin Mascot Special Steel Co. and UAE-based Accenture Building Materials, and two people for shipping steel to or from Iran. He said Iran’s Marine Industries Organization, Aerospace Industries Organization and the Iran Aviation Industries Organization had also been blacklisted over conven...
China possibly committed ‘genocide’ against Xinjiang Muslims
The Congressional-Executive Commission on China (CECC) said on Thursday that new evidence had emerged in the past year that “crimes against humanity – and possibly genocide – are occurring”. The CECC also accused China of harassing Uighurs in the US. China has been widely condemned for setting up complexes in Xinjiang that it describes as “vocational training centres” to stamp out “extremism” and give people new skills, but others have called them concentration camps. The United Nations says at least one million Uighurs and other Muslims have been detained in Xinjiang. Faith leaders, activist groups and others have said crimes against humanity, including genocide, are taking place there. Beijing denies abuse accusations. The CECC report called for a formal US “determination on whether atro...
Republican senator: Donald Trump must ‘go away as soon as possible’
A second Republican senator in the United States has called on Donald Trump to step down after some of the president’s supporters overran the Capitol building in Washington, DC this week in a deadly riot. In an interview with NBC’s Meet the Press news programme on Sunday, Pennsylvania Senator Pat Toomey said Trump should resign for the good of the country. “I think the best way for our country is for the president to resign and go away as soon as possible,” he said. Toomey said president’s resignation is the “best path forward, the best way to get this person in the rear-view mirror for us”, but added that he did not believe Trump would step down before his term ends on January 20. He also said the president’s role encouraging the riot was an “impeachable offence”. Momentum has been buildi...
US Democrat Senate wins push stocks higher despite Capitol chaos
Clean sweep by Democrats allows them to enact big-spending policies likely to benefit the economy, investors say. Global stock markets rose and bonds nursed losses on Thursday in anticipation of a big-borrowing and big-spending Democratic administration driving growth, following runoff elections that gave the party control of both houses of the United States Congress. On Wednesday, US Treasury bonds had suffered their steepest selloff in months after Democratic Party victories in two races in the state of Georgia handed them narrow control of the Senate and the power to pass their agenda. US S&P 500 futures rose 0.6 percent and Nasdaq 100 futures rose 0.9 percent as markets seemed to shake off a late fade that pulled Wall Street indexes back from fresh record peaks when chaotic protest...
Donald Trump allies in Congress to challenge his loss to Joe Biden
A band of President Donald Trump’s Republican allies planned a last-ditch effort on Wednesday to undo his election loss to Democrat Joe Biden, a bid almost certain to fail that comes on the same day their party is poised to lose its majority in the Senate. The Republican-led Senate and Democratic-controlled House of Representatives were due to meet to formally certify Biden’s victory in the Nov. 3 election in proceedings that could stretch past midnight. In a joint session of Congress, Trump’s allies plan to challenge the results from a handful of states won by Biden. Thousands of pro-Trump protesters converged on Washington ahead of the session at his urging. Some clashed with police overnight. Biden won the election by a 306-232 count in the state-by-state Electoral College and by a marg...
Millions of Americans risk losing jobless benefits as Donald Trump refuses to sign aid bill
Millions of Americans are about to see their jobless benefits expire on Saturday as U.S. President Donald Trump has so far refused to sign into law a $2.3 trillion pandemic aid and spending package, insisting that it did not do enough to help everyday people. Trump stunned Republicans and Democrats alike when he said this week he was unhappy with the massive bill, which provides $892 billion in badly needed coronavirus relief, including extending special unemployment benefits expiring on Dec. 26, and $1.4 trillion for normal government spending. Without Trump’s signature, about 14 million people could lose those extra benefits, according to Labor Department data. A partial government shutdown will begin on Tuesday unless Congress can agree a stop-gap government funding bill before then. Af...
Joe Biden and Kamala Harris jointly named TIME’s ‘Person of the Year’
U.S. President-elect Joe Biden and Vice President-elect Kamala Harris were jointly named Time magazine’s 2020 “Person of the Year” on Thursday, chosen from a list of finalists that included the man Biden vanquished at the polls – President Donald Trump. The Democratic former vice president and his running mate, a California senator whose election broke gender and racial barriers, together “offered restoration and renewal in a single ticket,” Time said in a profile of the pair, published online with its announcement. Following the most tumultuous U.S. presidential campaign in modern times, waged in the throes of a deadly pandemic, economic devastation and a strife-torn national reckoning with racism, Biden and Harris prevailed in an election that drew the highest voter turnout in a century....
Joe Biden picks diverse team of top economic advisers
President-elect Joe Biden named former Federal Reserve Chair Janet Yellen as his Treasury secretary nominee on Monday, and named three women to other top economic posts, setting the stage for a more diverse White House. While Biden’s transition to the presidency on Jan. 20 appeared to be hitting its stride, he himself was hobbling after fracturing his foot while playing with his dog on Saturday and will wear a protective boot for several weeks, his doctors said. The incoming administration has been hampered for weeks by Republican President Donald Trump, who has refused to concede to Biden, a Democrat. Trump has said without providing evidence that the Nov. 3 vote was fraudulent, claims that state and federal election officials have dismissed. Biden named leading members of an economic tea...
