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e Powell has two messages for Congress this morning: Central bank independence is critical, and an interest-rate cut is likely at the end of July. Heather Long got a first look at his prepared testimony before the House Financial Services Committee: "Since [June], it appears that uncertainties around trad
uptly stepped aside, is expected to hand over to a third acting secretary, Navy Secretary Richard V. Spencer, when the White House formally submits Esper's nomination to the Senate for confirmation. Under a federal law known as the Vacancies Act, Esper, who has been serving as Army secretary since 2
me Powell has two messages for Congress this morning: Central bank independence is critical, and an interest-rate cut is likely at the end of July. Heather Long got a first look at his prepared testimony before the House Financial Services Committee: "Since [June], it appears that uncertainties around trade
side, is expected to hand over to a third acting secretary, Navy Secretary EFTA00043108 Richard V. Spencer, when the White House formally submits Esper's nomination to the Senate for confirmation. Under a federal law known as the Vacancies Act, Esper, who has been serving as Army secretary since 2
at the Fed's July meeting. While Wall Street traders are anticipating a 25-basis- point cut, Shelton is publicly pushing for a 50-basis- point cut. (Heather Long) 3. Kelly Craft, Trump's nominee to be U.N. ambassador and the wife of a billionaire coal magnate, spent more than half of her days as ambassador
-- Pentagon spokespeople said Defense Secretary Mark Esper asked for Spencer's resignation after losing confidence in him. Their explanation is that Esper became "deeply troubled" when he discovered Spencer was backchanneling with the White House to offer a secret deal in which a review board would de
Entities connected to both Heather Long and Esper

Donald Trump
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Joe Biden
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Jeffrey Epstein
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Virginia Giuffre
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Prince Andrew
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Department of Justice
ORGANIZATIONLeon Black
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Mike Pence
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Bloomberg L.P.
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Barack Obama
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Julie K. Brown
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Kentucky
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Mike Pompeo
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Stephen Hawking
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USA Today
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Bill Clinton
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Nancy Pelosi
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Detroit
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William Barr
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