Donald Trump News

Subscribe to enjoy similar stories. The Trump transition team has started to explore pathways to dramatically shrink, consolidate or even eliminate the top bank watchdogs in Washington. In recent interviews with potential nominees to lead bank regulatory agencies, Trump advisers and officials from his newfound Department of Government Efficiency have, for example, asked whether the president-elect could abolish the Federal Deposit Insurance Corp., people familiar with the matter said.

Subscribe to enjoy similar stories. President-elect Donald Trump is weighing options for stopping Iran from being able to build a nuclear weapon, including the possibility of preventive airstrikes, a move that would break with the longstanding policy of containing Tehran with diplomacy and sanctions. The military-strike option against nuclear facilities is now under more serious review by some members of his transition team, who are weighing the fall of the regime of President Bashar al-Assad—Tehran’s ally—in Syria, the future of U.S.

«Investors are kicking some of the themes that they felt were worth backing, especially in the wake of Donald Trump's victory in the presidential election,» says Cameron Brandt, EPFR Global How you are looking at the trajectory that we have seen play out on Wall Street and how you have read into the producer price index report that we have seen, what the expectation is now from the US Fed. Cameron Brandt: Well, what we have seen from a fund flow perspective is an enormous flood of money come in to US mandated funds since the beginning of November really eclipsing pretty much every other fund group that we track.

Donald Trump had claimed that Canada should become US' 51st state, rather than an independent country, a statement that has brough in a lot of criticism from Canadian leaders and citizens. Meanwhile, with Trump coming to power in January, there are high chances that the United States may indulge in some major land purchasing deals, and expand its territories further.

Jimmy Kimmel humorously speculated on the potential fallout between US President- elect Donald Trump and renowned tech billionaire Elon Musk specifically if Elon Musk ends up winning the Time magazine's 2024 ‘Person of the Year’ over Donald Trump, reported Huffpost. According to Huffpost, Jimmy Kimmel actually quipped that such an outcome would lead to their relationship ending dramatically while likening it to a SpaceX rocket explosion. Also Read: Who is Matthieu Blazy? Here’s what you need to know about him

former US President Bill Clinton actually discussed the possibility of US President Joe Biden preemptively pardoning his wife named Hillary Clinton amidst threats of further investigations from US President- elect Donald Trump ally Kash Patel, reported Daily Beast. According to Daily Beast, Bill Clinton eventually emphasized on the fact that Hillary Clinton did nothing wrong at all regarding the email controversy while noting that the State Department of Donald Trump actually found no evidence of her sending classified emails from her personal device. He also expressed his severe skepticism about the need for a pardon while suggesting that any accusations made by Kash Patel would likely be fabricated.

India's growth story may not have been as sparkling as China's but it's more balanced, thanks to its more judicious investment-consumption mix, Boston Consulting Group's global chief economist Philipp Carlsson-Szlezak said. «When you look at it carefully, China's growth has been very unbalanced-very much focused on capital accumulation, neglecting consumption. And that is now catching up with China,» he told ET in an interview. «To me, from afar at least, it looks like India is on a more balanced path. I presume you can do a lot more capital investment-both public and private. But the fact that consumption is already a significant share of output, to me, it looks much more balanced,» he added. However, additional tariffs on Chinese goods, as pledged by US president-elect Donald Trump, may not necessarily divert massive investments by global corporations away from China, he reckoned.

Mark Zuckerberg may not have had a great relationship with current US President-elect Donald Trump but it now looks like he is preparing to repair this relationship by donating a whopping $1 million for the inauguration ceremony scheduled in January. At the start of the next year, Donald Trump will be taking over the role of US President from Joe Biden, and his swearing-in ceremony is reportedly going to be one of the grandest ones in US history.

A senior official in Canada’s most populous province says that Ontario could bar American-made alcohol and restrict electricity to three U.S. states if President-elect Donald Trump imposes sweeping tariffs on all Canadian products

You might have thought the Bank of Canada‘s latest interest rate cut — a second consecutive 50-basis-point whopper — would have sent the loonie plunging, but you were wrong if you did.

Vancouver adopted a policy that could lead to it using bitcoin in city finances — prompted in part by the return of U.S. president-elect Donald Trump.

For someone used to getting his own way for most of his life, public hostility, repeated failure and relentless bad news must be terribly trying for Prime Minister Justin Trudeau. His government began in 2015 with high hopes and widespread good wishes. Now that it is all coming crashing down, he refuses to accept blame and either change course or resign — a personal shortcoming that has become a national problem.

WASHINGTON: Two senior members of Taiwan's government are in the United States to meet people connected to President-elect Donald Trump's transition team, five sources told Reuters, in an effort by Taiwan to establish ties with the incoming administration. Lin Fei-fan and Hsu Szu-chien, both deputy secretaries-general of Taiwan's National Security Council and several of their staff have traveled to the Washington area for meetings through this week, the sources said on condition of anonymity.

When asked about a U.S. law that generally prevents the military from being used in domestic law enforcement, Trump said illegal immigration amounted to an invasion that needed to be stopped. «I consider it an invasion of our country,» Trump told TIME as part of an interview naming him 'Person of the Year.' «We'll get National Guard, and we'll go as far as I'm allowed to go, according to the laws of our country.» Trump, a Republican, won reelection in November portraying migrants as dangerous criminals and promising a wide-ranging crackdown on both legal and illegal immigration, including mass deportations. He plans to pull resources from across the federal government for the deportation effort and declare a national emergency to unlock funds for enforcement, reported in November.

Meta, the parent company of Facebook and Instagram, said it has donated $1 million to President-elect Donald Trump’s inauguration fund

After ringing the opening bell at the New York Stock Exchange on Thursday, President-elect Donald Trump stopped short of telling investors to buy more stock as he gets set to take office.

Subscribe to enjoy similar stories. Inflation played a starring role in last month’s election, and part of Donald Trump ’s pitch was that he would cool things off. “I won on groceries," the president-elect said in an interview Sunday on “Meet the Press." In his nomination-acceptance speech at the Republican National Convention in July, Trump said he would “end the devastating inflation crisis immediately." Despite his pledge to lower inflation, if Trump follows through on some of his tariff and immigration plans , economists worry he might do just the opposite .

Subscribe to enjoy similar stories. SINGAPORE : China’s leaders promised more government support for their struggling economy next year as they brace for the return of President-elect Donald Trump and another big showdown over trade. An annual gathering of top officials on the economy concluded with pledges to cut interest rates and boost government borrowing to pep up economic growth, according to a report by China’s state broadcaster Thursday.

Donald Trump's pick to head the Federal Bureau of Investigation (FBI), has claimed the first casualty from his hit list of 60 people who he thinks are the main actors of the deep state. FBI Director Christopher Wray will resign at the end of the Biden administration, the agency said on Wednesday. Wray was appointed by Trump in 2017 during his first term after Trump fired then director James Comey. After Trump's re-election, he announced several appointments among whom was Kash Patel as the next FBI Director. Since Wray had a 10-year term ending in 2027, Trump's announcement of Patel as FBI head left Wray with two options: leave on his own or be fired when Trump takes charge. Trump and his allies turned on Wray and the FBI after agents conducted a court-approved search of Trump’s Florida resort in 2022 to recover classified documents that he had retained after leaving office. Trump had called it weaponization of the agency which he said was part of a deep state conspiracy aimed at undermining his presidency.

President-elect Donald Trump is back in his hometown of New York where he's been honored as Time magazine’s Person of the Year and will ring the opening bell at the New York Stock Exchange

The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs