Sections SEARCH Skip to content Skip to site index Politics Subscribe Log In Log In Today’s Paper Advertisement Supported by ByAlan Rappeport Oct. 17, 2018 WASHINGTON — And then there were none. The Trump administration said on Wednesday that Prudential Financial, the giant insurer, would no longer be subject to stricter federal oversight, bringing to zero the number of financial firms outside the banking system that face such scrutiny. The Financial Stability Oversight Council said it was removing the “systemically important financial institution” — or SIFI — label from Prudential after similar moves that allowed American International Group, MetLife and GE Capital to escape the designation. The council applies the SIFI designation to financial firms whose collapse it believes can pose a serious threat to the financial system. The decision extends a deregulatory push that is loosening rules … [Read more...] about Prudential Freed From Strict Post-Crisis Oversight by Trump Administration
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POLITICS 07/22/2018 08:01 am ET The myth of free trade is coming apart. By Zach Carter President Donald Trump’s trade agenda is a corrupt, chaotic mess. He made trade concessions to China after its government agreed to invest hundreds of millions of dollars in a Trump-branded resort. He announced a modest trade enforcement action on steel and aluminum and declared it a “trade war” ― something both “good” and “easy to win.” He then shifted his sights in this combat from China to Canada without any apparent rationale. The president has even threatened Ecuador’s economy with crippling sanctions if its government offered public support for breastfeeding. As with so many Trump debacles, his bluster creates an appearance of radicalism — a dramatic break with a stable and happy consensus. Washington Post columnist Catherine Rampell has lamented that he is discarding more than 300 years of settled … [Read more...] about Trump’s Tariff War Is The Final Act Of A Broken System
Glenn Kessler, The Washington Post Published 7:53 am, Thursday, June 7, 2018 Photo: Bloomberg Photo By Al Drago Image 1of/1 CaptionClose Image 1 of 1 President Donald Trump speaks during an event on tax policy in the Rose Garden of the White House in Washington, D.C., on April 12, 2018. President Donald Trump speaks during an event on tax policy in the Rose Garden of the White House in Washington, D.C., on April 12, 2018. Photo: Bloomberg Photo By Al Drago Did Trump's aluminum tariffs spark a $1.5 billion plant in Kentucky? 1 / 1 Back to Gallery "Just last Friday, we had a plant, a groundbreaking in Ashland, Kentucky, the heart of poverty in America in Appalachia. $1.5 billion aluminum rolling mill because of the president's tax and tariff policy."-White House aide Peter Navarro, interview on Fox News, June 4, … [Read more...] about Did Trump’s aluminum tariffs spark a $1.5 billion plant in Kentucky?
A forthcoming documentary suggests a Hobart woman who's serving a life sentence in prison for her role in two killings may have been a serial killer who also fed the remains of her dismembered lover to neighbors at a barbecue in the Upper Peninsula of Michigan.Investigation Discovery, a crime-themed cable network that reaches 85 million U.S. households, will air the true crime thriller "Dead North" about Kelly Cochran, a Northwest Indiana woman who pleaded guilty to the 2016 murder of her husband, Jason Cochran, at their home on the 7100 block of Mississippi Street of Hobart. Cochran told Hobart police she injected her husband with heroin and smothered him with a pillow as revenge for the murder of her lover Christopher Regan, who she lured to her other home in Iron River, Michigan, with the promise of sex. Her husband burst out of the basement and shot Regan in the head with a .22 caliber rifle during the act, which the couple had plotted after making a "pact to kill off … [Read more...] about Documentary: Hobart woman may have fed dismembered lover to neighbors at barbecue, killed up to nine people
THE LIGHTBULB Environmental Protection Agency Administrator Scott Pruitt attends the National Day of Prayer ceremony this week hosted by President Trump in the White House's Rose Garden. (Sual Loeb/AFP/Getty Images) Another day, another Scott Pruitt aide gone. The Environmental Protection Agency's top communications official, Liz Bowman, is resigning from the agency, The Post reported Thursday. “I leave extremely thankful for the opportunity to serve the Trump Administration and Administrator Pruitt,” Bowman wrote in a statement. Her departure, to become communications director for Sen. Joni Ernst (R-Iowa), follows the exit of two other top Pruitt aides this week as federal investigators continue to scrutinize the EPA chief's spending and management decisions. Albert “Kell” Kelly, who was Pruitt’s banker in Oklahoma and was hired to revitalize the agency’s Superfund program cleaning up toxic sites nationwide, resigned … [Read more...] about The Energy 202: Three senior Scott Pruitt aides resigned from the EPA this week