Trump’s pick for US Fed governor vows to uphold independence
Donald Trump’s pick to join the Federal Reserve’s board of governors pledged Thursday to uphold US central bank independence if confirmed, as the institution faces growing political pressure from the president to slash interest rates. “The Federal Open Market Committee is an independent group with a monumental task, and I intend to preserve that independence,” […]
Disney scraps plans for new Florida campus amid spat with Governor Ron DeSantis
The Walt Disney Company has announced it is scrapping plans to build a new campus in central Florida following a year-long dispute with Governor Ron DeSantis. Mr DeSantis has been attacking the company after it opposed a state law banning classroom lessons on sexual orientation and gender identity in early years. Disney filed a First […]
California Governor Requests Presidential Declaration of Emergency to Address Atmospheric River
California Governor Gavin Newsom, a Democrat, requested a Presidential Declaration of Emergency on Thursday to support state and local responses in the midst of an atmospheric river, which currently affects much of the state. “California is deploying every tool we have to protect communities from the relentless and deadly storms that batter our state,” Newsom […]