Biden nominee for top economist post, Rouse, heads for U.S. Senate confirmation

© Reuters. FILE PHOTO: U.S. President-elect Joe Biden announces members of his economic policy team in Wilmington, Delaware WASHINGTON (Reuters) – A majority of the U.S. Senate on Tuesday voted to confirm Cecilia Rouse as chair of the White House Council of Economic Advisers, which would make her the first Black economist to serve in […]

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Biden USTR nominee Tai vows to end trade ‘race to the bottom,’ counter China

2/2 © Reuters. FILE PHOTO: U.S. President-elect Joe Biden announces members of his administration in Wilmington, Delaware 2/2 By David Lawder and Andrea Shalal WASHINGTON (Reuters) – Katherine Tai, President Joe Biden’s top trade nominee, backed tariffs as a “legitimate tool” to counter China’s state-driven economic model and vowed to hold Beijing to its prior […]

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Nominee for U.S. Treasury No. 2 to urge efforts to combat China’s ‘unfair economic practices’

© Reuters. FILE PHOTO: U.S. President-elect Joe Biden announces members of his economic policy team in Wilmington, Delaware By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The U.S. Treasury should strategically use its tools to respond to authoritarian governments and fight unfair economic practices in China and elsewhere, Wally Adeyemo, nominated for the No. […]

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Senate panel sets confirmation hearing for U.S. Treasury nominee Adeyemo

© Reuters. U.S. President-elect Joe Biden announces members of his economic policy team in Wilmington, Delaware By Andrea Shalal WASHINGTON (Reuters) – President Joe Biden’s nominee for the No. 2 job at the U.S. Treasury, Wally Adeyemo, will appear before the Senate Finance Committee for a confirmation hearing on Feb. 23, the committee announced on […]

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Treasury nominee Janet Yellen to say U.S. does not seek weaker dollar: WSJ

2/2 © Reuters. U.S. President-elect Joe Biden announces members of his economic policy team in Wilmington, Delaware 2/2 (Reuters) – Janet Yellen, President-elect Joe Biden’s pick to take over the U.S. Treasury, is expected to affirm the United States’ commitment to market-determined foreign exchange rates when she testifies on Capitol Hill on Tuesday, the Wall […]

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Senator vows to block FCC nominee over social media regulatory push

2/2 © Reuters. FILE PHOTO: FCC commissioners testify before U.S. Congress in Washington in June 2020 2/2 By David Shepardson WASHINGTON (Reuters) – Democratic Senator Richard Blumenthal said on Tuesday he would block the nomination of a senior Trump administration official nominated to a seat on the Federal Communications Commission unless he agreed not to […]

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Trump nominee elected to head Latin American development bank

© Reuters. FILE PHOTO: Visitors walk past a screen with the logo of Banco Interamericano de Desarrollo at the Atlapa Convention Center in Panama City By Andrea Shalal and Cassandra Garrison WASHINGTON/BUENOS AIRES (Reuters) – U.S. President Donald Trump’s nominee on Saturday won election as president of the Inter-American Development Bank, the region’s main economic […]

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