Tag Archives: Federal

Criticism mounts of Trump pick for U.S. Federal Reserve

Criticism mounts of Trump pick for U.S. Federal ReserveEconomists and other critics have expressed concerns about Moore, a conservative economic commentator, and another Trump loyalist nomination to the Fed’s Board of Governors, serving on the traditionally nonpartisan central bank. Warren, a Democrat who is running to challenge Trump in the 2020 election, said Moore had “a long history of making wildly inaccurate claims about economic policy that appear to serve political ends.” “Americans should be able to trust that policymakers … have some command over basic mathematical and economic concepts and allegiance to facts,” she wrote in a letter to Moore. Moore, and fellow Trump nominee Herman Cain, a former restaurant chain executive, are battling for the two vacant seats on the Fed’s Board of Governors, positions that would give them a say for years on interest-rate policy and bank regulation.



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U.S. federal judge elongates Paul Manafort's total prison time to 7.5 years

U.S. federal judge elongates Paul Manafort's total prison time to 7.5 yearsA federal judge on Wednesday sentenced President Donald Trump's former campaign chairman Paul Manafort to 73 months in prison for two conspiracy charges.



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Ex-Trump campaign chief Paul Manafort, just sentenced to federal prison, faces new charges in N.Y. indictment

Ex-Trump campaign chief Paul Manafort, just sentenced to federal prison, faces new charges in N.Y. indictmentState prosecutors in New York revealed new fraud and conspiracy charges Wednesday against Paul Manafort, Donald Trump's former campaign chairman.



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Manafort faces state charges after drawing more federal time

Manafort faces state charges after drawing more federal timeWASHINGTON (AP) — Former Trump campaign chairman Paul Manafort was sentenced to a total of seven and a half years in prison on federal charges, then was hit almost immediately with fresh state charges in New York that could put him outside the president's power to pardon.



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Trump to nominate federal prosecutor Jessie Liu for No. 3 Justice Department post

Trump to nominate federal prosecutor Jessie Liu for No. 3 Justice Department postIf confirmed by the U.S. Senate, then Liu would serve as associate attorney general – a job that involves overseeing the department’s civil litigation, including antitrust matters, civil rights, and environmental law. The U.S. official spoke to Reuters anonymously, because the White House has not yet formally announced the nomination. A spokesman for the U.S. Attorney’s Office in Washington, D.C. declined to comment.



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Hoda Muthana, who married into ISIS, won't get fast-tracked case, federal judge rules

Hoda Muthana, who married into ISIS, won't get fast-tracked case, federal judge rulesA federal court ruled that Hoda Muthana, a woman who fled Alabama to marry an Islamic State fighter in Syria, won't get a fast-tracked legal case.



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Roundup weed killer contributed to man's cancer, 1st US federal trial told

Roundup weed killer contributed to man's cancer, 1st US federal trial toldThe controversial weed killer Roundup was a “substantial factor” in the cancer of a US man who woke up one day with a lump in his throat and was soon diagnosed with non-Hodgkin’s lymphoma, his lawyer said Monday, opening the first US federal trial of its kind. Edwin Hardeman, of Sonoma County north of San Francisco, filed a complaint against Roundup’s manufacturer Monsanto in early 2016, a year after being diagnosed with the cancer. Jurors in a California State Court last August unanimously found that Monsanto acted with “malice” and that its weed killers Roundup and Ranger Pro contributed “substantially” to Johnson’s terminal illness.



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Judge to Roger Stone: Stop talking about federal case alleging obstruction and lying to Congress

Judge to Roger Stone: Stop talking about federal case alleging obstruction and lying to CongressA federal judge ordered Roger Stone, a flamboyant political consultant, to stop talking about his case alleging obstruction and lying to Congress



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Roger Stone denies using Instagram post to threaten federal judge presiding over his case

Roger Stone denies using Instagram post to threaten federal judge presiding over his caseThe original post showed a photo of U.S. District Judge Amy Berman Jackson with a backdrop that appears to include gun crosshairs.



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Amazon pays zero federal taxes for second year in succession despite doubling profits, says new report

Amazon pays zero federal taxes for second year in succession despite doubling profits, says new reportAmazon has paid zero federal taxes for the second year in succession, despite a doubling of its profits, according to a new report. Although the tech giant founded by Jeff Bezos saw its profits grow from $ 5.6bn (£4.3bn) in 2017 to $ 11.2bn (£8.7bn) in 2018, it will actually receive a tax rebate of $ 129m (£100m). “The company’s newest corporate filing reveals that, far from paying the statutory 21 per cent income tax rate on its US income in 2018, Amazon reported a federal income tax rebate of $ 129m,” said the report by the Institute on Taxation and Economic Policy (ITEP), which describes itself as a “non-partisan, non-profit think tank”, based in Washington DC.



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