Keyword: treasurysecretary
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VIDEOMunchkins are cute li'l critters. However you don't want to assign any responsibilities to them since they are also completely helpless and unable to function in real world situations. An example of this is the Munchkin known as Janet Yellen who has proved herself to be completely useless as the Secretary of Treasury. You can see Munchkin Yellen's helplessness on display culminating in the downgrading of the USA debt rating. The poor Munchkin can't figure out why that happened.
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The Daily Signal has been able to get 217 pages from the National Security Administration (NSA) under FOIA. Those pages show the huge effort to “torpedo” the Trump administration before they even took office with an effort to go after Gen. Michael Flynn, the man who would be National Security Advisor for President Donald Trump.Flynn’s conversation with the Russian ambassador in the period between November 2016 and Jan. 2017 was intercepted by intelligence officials for the Obama administration, and then his name was unmasked.The Signal requested the information in March 2021 and didn’t get the documents until June 30, 2023.Some...
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U.S. Treasury Secretary Janet Yellen said on Thursday she did not expect the U.S. economy to tip into a recession, but growth would "absolutely" slow down and gasoline prices were unlikely to fall anytime soon. "I don't think we're (going to) have a recession. Consumer spending is very strong. Investment spending is solid," she told a New York Times Dealbook event. "I know people are very upset and rightly so about inflation, but there's nothing to suggest that a ... recession is in the works." Yellen, who last week conceded she had been wrong about predicting inflation would be transitory,...
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Former Treasury Secretary Larry Summers, who served as head of the National Economic Council during the Obama administration, has slammed the Biden White House for being “behind the curve” on the inflation ravaging the economy. “I think we’re speeding down the road at a really rapid rate,” Summers told CNN’s “Cuomo Prime Time” Wednesday. “It’s kind of a downhill road. And it’s not going to be so easy to put the brakes on here. And that’s why I’m concerned.” Summers spoke on the same day that the Labor Department announced that its Consumer Price Index, which measures the cost of...
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In the short term, should Joe Biden win the election and move into the White House, he would take office with a Democratic Party unified in its opposition to all things Trump. The question is how long would that last before leaders of every liberal interest group circling the new administration begin to get restless. In answer to this question, Carter Eskew, a top strategist on Al Gore’s 2000 campaign, wrote by email that Biden became a unity candidate in response to an overwhelming, almost feral desire to limit Trump’s damage to one term. When Trump leaves, Democratic unity, I...
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Hillary Clinton generates events to support her narrative. For example, Clinton accused Trump of creating an atmosphere of violence at his rallies. To support the narrative she paid people to instigate trouble at Trump rallies. She has long had the narrative that Trump is connected with Russia. It began with accusations that Trump’s adviser Paul Manafort was tied to Russia, and that Trump too was tied to Russia. That went nowhere. Now months later the narrative has advanced to Russia hacked the DNC. This claim is based on Dmitri Alperovitch and Crowdstrike. Given Clinton’s pattern of generating events to support...
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Treasury Secretary Steven Mnuchin said Thursday that he wants to see "very significant" tax reform passed before Congress' August recess, in what could prove a tough task as lawmakers work through a complex agenda. "We want to get this done by the August recess. We've been working closely with the leadership in the House and the Senate and we're looking at a combined plan," he told CNBC in his first television interview since assuming office. President Donald Trump has repeatedly made pledges for tax reform and regulatory cuts since he took office, creating optimism among business executives and investors. So...
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Donald Trump will nominate Steve Mnuchin, who has ties to both Wall Street and Hollywood, to be treasury secretary, according to a report Tuesday. The 53-year-old, who also served as finance director for the presidential campaign, was at Trump Tower on Tuesday to meet with the transition team.
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Billionaire investor Carl Icahn told Bloomberg News that he's endorsing Donald Trump because he's the sort of leader the US needs at this time. "I disagree on certain points I don’t want to get into, I’m sure those can be worked out, but the basic thing is, you need somebody that can get things going in Congress, and I think he can do it. You need somebody that understands business, and I think he understands it," Icahn told Bloomberg. Shortly after Trump launched his campaign, the candidate appeared on MSNBC's "Morning Joe." On the show, the billionaire real-estate magnate said...
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WASHINGTON -- Nine days after the federal government raided their homes and businesses, leaders of an alleged terror financing operation were given the opportunity to question the agency investigating them. The meeting on March 29, 2002, in the office of Rep. Frank Wolf (R-Va.) is an example of the political clout of what the government calls the "Safa Group," a web of companies and nonprofits based in northern Virginia. One week later, former Treasury Secretary Paul O'Neill met with Muslim leaders with connections to the Safa Group to hear complaints about the raids. The leaders are suspected of running more...
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Hagel, Brennan, Kerry ... and now Denis McDonough. President Barack Obama plans to name Deputy National Security Adviser Denis McDonough as his next chief of staff, a Democratic source briefed on the plans tells POLITICO. McDonough would replace Jack Lew, the communist Obama nominated to be his new Treasury secretary. Denis McDonough, Deputy National Security Advisor and a former senior fellow at the uber far left Center for American Progress, is the man most responsible for orchestrating the Benghazi jihad cover-up. McDonough rewrote the CIA talking points on Benghazi, misrepresenting the video, when the true motive behind the terrorist attack...
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Barack Obama is sending a pointed message to Republicans by nominating Jack Lew as Treasury Secretary: I'm not backing down from this budget fight. This is certainly a blow to any hope that Republicans might have had that Obama would flinch from his pledge not to negotiate over the debt ceiling. The president has said he will demand a clean bill raising the debt ceiling, unattached to any conditions or spending cuts. To call Lew's relationship with Capitol Hill Republicans strained would be an understatement. According to some on the Hill, there just is no relationship anymore. ... If Obama...
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Jack Lew, President Obama's reported pick to replace outgoing Treasury secretary Tim Geithner, is known as a no-nonsense backroom negotiator with wonkish tendencies, who is admired on the left and grumbled about on the right. A lesser-known but extremely pertinent fact about Lew is that he has the world's worst signature. And pretty soon, that signature could be on every single one of your dollar bills.
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Larry Kudlow just insisted on a rumor we've heard several times: Michael Bloomberg is going to be treasury secretary. Kudlow says he heard from "deep insiders" that the pick has been made and it's Bloomberg. Of course this also confirms rumors that Tim Geithner, currently the Treasury Secretary, is gone after November.
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Apparently New York's Mayor Bloomberg was on the short list to be named Secretary Treasurer back in 2008, and now the White House is revisiting the idea. From the NYPost: "It's been the focus of a lot of discussion," said one Democrat. "He's very well-liked and well-respected on Wall Street." At least the second half is probably true. The roots of this rumor are in Martha's Vineyard. Asked about last weekend's four-hour golf game with President Obama on Martha's Vineyard, Bloomberg told reporters yesterday, "The economy was the main subject, other than discussing golf."
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I guess we really shouldn't be surprised. After all, this is what Obama and his team of globalists wanted, wasn't it? It's pretty much what he promised his hate-America base. If anyone was listening, they would have heard it. US Treasury Secretary Timothy Geithner has told the BBC that the world "cannot depend as much on the US as it did in the past". He said that other major economies would have to grow more for the global economy to prosper. He also played down any differences in policy between the US and Europe regarding deficit reduction. Mr Geithner was...
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WASHINGTON – President Barack Obama says treasury secretary is one job that's not up for grabs. In an interview with CBS' "60 Minutes" Obama said that if Treasury chief Timothy Geithner offered his resignation, the answer would be, "Sorry buddy, you've still got the job."
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WASHINGTON, March 4 (Reuters) - U.S. oil and natural gas producing companies should not receive federal subsidies in the form of tax breaks because their businesses contribute to global warming, U.S. Treasury Secretary Timothy Geithner told Congress on Wednesday. It was one of the sharpest attacks yet on the oil and gas industry by a top Obama administration official, reinforcing the White House stance that new U.S. energy policy will focus on promoting renewable energy sources like wind and solar power and rely less on traditional fossil fuels like oil as America tackles climate change. "We don't believe it makes...
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Timothy Geithner's nomination as Treasury Secretary is in a spot of trouble given the irony of the man who would be charged with enforcing our tax laws being himself a documented tax cheat. I'm willing to look at the domestic employee being illegal issue is not that big of a deal - which makes me FAR more non-partisan than Democrats who exploded the nominations of Bush cabinet picks Bernard Kerick and Linda Chavez over the same issue. But the tax issue ought to be a real thorn in the side of an administration that preached openness and honesty. The Obama...
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Network's Andrea Mitchell and Chuck Todd reporting Obama will name his economic team Monday. 1:55pm UPDATE: The New York Times is reporting that Sen. Hillary Clinton has decided to quit her Senate seat and accept the post of Secretary of State, according to two Clinton confidants. Senior advisers to President-elect Barack Obama told the Times this morning that the offer had not been formally accepted and no announcement would be made until after Thanksgiving, but said they were convinced the deal was ready to be sealed. NBC News is reporting that President-elect Barack Obama will roll out his economic team...
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