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President Trump touted the second-quarter rebound in economic growth Tuesday and reiterated his pledge to drive U.S. economic growth above 3 percent. (AP Photo/Susan Walsh)
Business

Trump touts 2.6 percent GDP growth, promises higher than 3 percent soon

Joseph Lawler -
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Federal Reserve Chairwoman Janet Yellen has shrugged off falling inflation in recent months, predicting that it will
Economy

Inflation slows again to 1.4 percent, falling further below Fed’s target

Joseph Lawler -
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Investors had expected jobless claims to inch up to around 240,000 after dropping to a rock-bottom 233,000 the week before. (AP Photo/Elise Amendola)
Economy

Jobless claims edge up to 244,000, but beneficiary rolls have thinned

Joseph Lawler -
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Federal Reserve officials announced Wednesday that they would hold off on raising their interest rate target this month, leaving it at 1-1.25 percent. (AP Photo/Susan Walsh, File)
Economy

Fed will begin shrinking its $4.5 trillion balance sheet ‘relatively soon’

Joseph Lawler -
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White House chief economic adviser Gary Cohn talks to President Trump prior to a working session at the G-20 summit in Hamburg, Germany, Saturday, July 8, 2017. Trump suggested Tuesday that he is eyeing Cohn as a possible replacement for Janet Yellen as chairman of the Federal Reserve. (AP Photo/Michael Sohn)
Economy

Cohn the top contender for Fed chief, Trump says

Joseph Lawler -
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The problem, according to lobbyists, is that regulators, especially ones physically located within banks, have expanded power under the post-crisis laws to intervene in bank business, to weigh in on board decisions, and to shape strategies.
Economy

Trump, GOP want regulators out of boardrooms

Joseph Lawler -
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Senate Banking Committee will consider Joseph Otting, the nominee to be the comptroller of the Currency, and Randal Quarles, tapped to be the vice chairman of supervision at the Federal Reserve. (AP Photo/Nick Ut)
Economy

Trump’s top banking nominees to get Senate hearing next week

Joseph Lawler -
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Charles Evans, president of the U.S. Federal Reserve Bank of Chicago, said the central bank needs to hit the 2 percent target
Economy

Fed official warns of ‘serious’ miss on inflation

Joseph Lawler -
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Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington, Thursday, July 13, 2017, before the Senate Banking Committee. (AP Photo/Pablo Martinez Monsivais)
Economy

Janet Yellen backtracks: ‘We can never be confident’ of no financial crisis

Joseph Lawler -
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In the wake of Rep. Steve Scalise's gunshot injury during a practice for the Congressional Baseball Game, the one thing both sides of the aisle agree on is that political rhetoric is too heated. But they long for the good old days that weren't quite as rosy as they imagine. (AP Photo/Gerald Herbert)
Beltway Confidential

At least our toxic political rhetoric isn’t inciting deadly duels

J. Mark Powell -
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