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Warsh's path to top Fed job entangled ahead of Senate confirmation hearing

Warsh's path to top Fed job entangled ahead of Senate confirmation hearing

By Howard Schneider WASHINGTON, April 21 (Reuters) - Former Federal Reserve Governor Kevin Warsh on Tuesday takes the next step to becoming the head of the U.S. central bank with a hearing before the Senate Banking Committee, his confirmation ultimately likely but still embroiled in a dispute over a
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Fed nominee Warsh commits to central bank's independence, with limits

Fed nominee Warsh commits to central bank's independence, with limits

By Ann Saphir WASHINGTON, April 20 (Reuters) - Kevin Warsh, U.S.
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Trump: New deal with Iran will be better than old one

Trump: New deal with Iran will be better than old one

WASHINGTON, April 20 (Reuters) - President Donald Trump said on Monday he believed a nuclear deal the U.S. is currently negotiating with Iran will be better than a 2015 international agreement to curb Tehran's nuclear program.
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US positive on Iran deal but talks still uncertain as ceasefire end nears

US positive on Iran deal but talks still uncertain as ceasefire end nears

By Steve Holland, Enas Alashray and Mubasher Bukhari WASHINGTON/CAIRO/ISLAMABAD, April 21 (Reuters) - The United States expressed confidence that peace talks with Iran would go ahead in Pakistan and a senior Iranian official said Tehran was considering joining, but significant hurdles and
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US Supreme Court to consider SEC's 'disgorgement' power

US Supreme Court to consider SEC's 'disgorgement' power

By John Kruzel WASHINGTON, April 20 (Reuters) - The U.S.
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Fed nominee Warsh prepares for monetary policy road test before Senate panel

Fed nominee Warsh prepares for monetary policy road test before Senate panel

By Howard Schneider WASHINGTON, April 20 (Reuters) - After more than a decade criticizing the U.S. central bank, former Federal Reserve Governor Kevin Warsh faces a mark-to-market moment in a Senate hearing on Tuesday when lawmakers will likely press the Fed chief nominee to flesh out his monetary
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Chavez-DeRemer steps down as US labor secretary amid misconduct probe

Chavez-DeRemer steps down as US labor secretary amid misconduct probe

By Jasper Ward WASHINGTON, April 20 (Reuters) - U.S. Labor Secretary Lori Chavez-DeRemer resigned on Monday amid allegations of  misconduct at the department. Her deputy,  Keith Sonderling, will serve as acting secretary, the White House said.
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Analysis-With tariffs stalled, Trump's China policy drifts

Analysis-With tariffs stalled, Trump's China policy drifts

By Michael Martina WASHINGTON, April 21 (Reuters) - When President Donald Trump returned to office in 2025, he vowed to use tariffs to reset relations with China, which he said was "killing" the United States with its trade policies.
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Trump says energy chief 'wrong,' expects lower gas prices as soon as Iran war ends

Trump says energy chief 'wrong,' expects lower gas prices as soon as Iran war ends

WASHINGTON, April 20 (Reuters) - U.S. President Donald Trump on Monday dismissed his top energy official's view that gas prices will not drop until 2027, saying Americans can expect lower costs as soon as the Iran war ends. On Sunday, U.S.
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US energy chief says gas prices could stay above $3 per gallon until next year

US energy chief says gas prices could stay above $3 per gallon until next year

By Leah Douglas WASHINGTON, April 19 (Reuters) - U.S. Energy Secretary Chris Wright said on Sunday he believes gas prices have peaked but predicted that they may stay above $3 per gallon until next year.
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ICE Acting Director Todd Lyons Resigns Amid Record Detainee Deaths

ICE Acting Director Todd Lyons Resigns Amid Record Detainee Deaths

Todd Lyons, the acting director of U.S. Immigration and Customs Enforcement (ICE), has announced his resignation effective May 31, 2026. This decision follows a congressional hearing where Lyons disclosed that 44 individuals have died in ICE custody since he assumed his role in March 2025, marking the highest number of deaths in the agency's history. Lyons' tenure has been marked by aggressive immigration enforcement actions, including operations linked to high-profile cases in Minnesota and Illinois. His resignation is part of a broader shakeup within the Department of Homeland Security, which recently saw the replacement of former Secretary Kristi Noem by Markwayne Mullin.
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Trump signs order to accelerate access to psychedelic drug treatments

Trump signs order to accelerate access to psychedelic drug treatments

WASHINGTON, April 18 (Reuters) - U.S. President Donald Trump signed an executive order on Saturday intended to speed up access to medical research and treatment based on psychedelic drugs.  The order instructs the U.S.