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Wall Street

Conway’s husband is set to lead Justice Department division

George Conway, the husband of senior White House adviser Kellyanne Conway, is set to be nominated to run the Justice Department’s civil division, according to people familiar with the matter, a job that would put him at the forefront defending the controversial immigration executive order and other lawsuits against the Trump administration. Conway, a partner

Will Preet Bharara Run for New York City Mayor?

Ed Klein, By refusing to resign and forcing the Trump administration to fire him, Preet Bharara, the celebrated U.S. attorney for the Southern District of New York, has shrewdly positioned himself as a new force in Democratic Party politics. Known as “the Sheriff of Wall Street” for his high-profile convictions of inside traders, Bharara follows

Saudi Official: Iran Is ‘Main Sponsor of Terrorism in the World’

Edwin Mora, Sunni Saudi Arabia described the Shiite Islamic Republic of Iran as the “single main sponsor of terrorism in the world” after refusing its invitation for dialogue. The comments on Sunday from Saudi Arabia’s Foreign Minister Adel al-Jubeir came less than a week after the Wall Street Journal (WSJ) reported that U.S. President Donald Trump’s administration is considering

Our Huge Hidden Tax: Government Regulations

Scott Powell | Trump on right track: cutting regulations is as critical as tax relief. On day one, President Trump surprised business leaders gathered at the White House, declaring US regulations “out of control” and “in need of 75% or more reduction.” A week later, he boldly signed an executive order requiring repeal of

House Intelligence Committee Chair: Leakers of Flynn Call ‘Belong in Jail’

Kristina Wong, House Intelligence Committee Chairman Devin Nunes (R-CA) said Tuesday that those who leaked the contents of former National Security Adviser Michael Flynn’s phone calls “belong in jail.” “That’s nine leakers that all belong in jail,” Nunes said. “Those nine people broke the law, clearly, by leaking classified information to anybody.” Flynn resigned late

Fired-up conservatives pressure GOP leaders to deliver on tax reform

Three weeks have come and gone in Republican-controlled Washington without action on tax reform — and some conservative voices are amping up the pressure on the White House and congressional leaders to deliver on a key campaign promise.  Matt Drudge sounded the siren earlier this week when he tweeted that “[the] Republican party should be

Donald Trump plans to undo Dodd-Frank law, fiduciary rule

President Donald Trump on Friday plans to sign an executive action to scale back the 2010 Dodd-Frank financial-overhaul law, in a sweeping plan to dismantle much of the regulatory system put in place after the financial crisis. Trump also plans another executive action aimed at rolling back a controversial regulation scheduled to take effect in April that

Trump Begins Transfer of Power from Wall Street to Main Street

Rachel Marsden, PARIS — One of President Donald Trump’s first orders of business on his first Monday in office was to kill the Trans-Pacific Partnership deal with Asian nations that would have shipped American jobs overseas and dragged down the global value of labor to the benefit of Wall Street oligarchs. The move suggests that

Reignited ‘Trump trades’ help world stocks hit 19-month high

World stocks hit a 19-month high on Wednesday, lifted by strong Japanese trade data, stellar European company earnings and hopes that U.S. President Donald Trump will press ahead with a large fiscal spending package. Spanish bank Santander was among the big gainers in Europe, its 4 percent rise in 2016 net profit giving its share