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UPDATE 1-Trump son-in-law Kushner can serve as White House adviser -Justice Department

WASHINGTON, Jan 21 President Donald Trump can hire his son-in-law, Jared Kushner, as a senior White House adviser without breaking federal anti-nepotism laws, the U.S. Department of Justice said.

Trump son-in-law Kushner cleared to serve as White House adviser - NY Times

WASHINGTON, Jan 21 The U.S. Department of Justice has decided that President Donald Trump can hire his son-in-law Jared Kushner as a senior White House adviser without breaking federal anti-nepotism laws, The New York Times reported on Saturday.

Regulatory News, Markets Jan 21 2017

UPDATE 3-As Trump enters White House, California renews climate change fight

SAN FRANCISCO, Jan 20 California released new measures to fight climate change within minutes of Donald Trump being sworn in as U.S. president on Friday, signaling the state's commitment to be the nation's environmental steward under an administration that has questioned the reality of global warming.

UPDATE 2-As Trump takes over, U.S. ends plan to cut mortgage premiums

WASHINGTON, Jan 20 The Trump administration, hours after taking office on Friday, suspended a plan to cut mortgage insurance premiums on federally insured home loans that the U.S. government had estimated would save eligible homeowners an average of $500 a year.

UPDATE 2-Puerto Rico governor cites 'sharp contrast' with island's overseers

Jan 20 Puerto Rico Governor Ricardo Rossello on Friday criticized a set of recommendations by the federal board in charge of managing the U.S. territory's finances, signaling a potential power struggle between the government and the board on how to pull the island out of economic crisis.

Bankruptcy, Markets Jan 20 2017

U.S. bankruptcy court judge OKs $425 million for Avaya loan

NEW YORK, Jan 20 A U.S. bankruptcy court judge granted Avaya Inc approval on Friday to tap $425 million of the $725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations.

CANADA FX DEBT-C$ steady following earlier losses on domestic data

* Canadian dollar at C$1.3315 or 75.10 U.S. cents * Bond prices mostly higher across the maturity curve By Solarina Ho TORONTO, Jan 20 The Canadian dollar pared earlier losses following weaker-than-expected inflation and retail sales data, to finish little changed against its U.S. counterpart on Friday. Canada's annual inflation rate rose to 1.5 percent in December from November's 1.2 percent, short of analysts' forecasts for an increase to 1.7 percent, while retail

Currencies, Markets Jan 20 2017

BRIEF-Schweitzer-Mauduit enters into interest rate swap deal with JPMorgan Chase

* Schweitzer-Mauduit International Inc - Entered into interest rate swap transaction with JPMorgan Chase for 3-year term on notional amount of $315 million Source: (http://bit.ly/2jyd5Qp) Further company coverage:

Stocks, Markets Jan 20 2017

UPDATE 1-Speculators pare back long U.S. dollar bets for 2nd straight week-CFTC, Reuters

(Adds details on dollar and Mexican peso contracts, analyst comments, table, byline) By Gertrude Chavez-Dreyfuss NEW YORK, Jan 20 Speculators reduced long bets on the U.S. dollar for a second straight week, as investors continued to pare back overextended positions on the greenback and worried about U.S. President Donald Trump's trade and currency policies. The value of the dollar's net long position was $24.44 billion in the week ended Jan. 17, from $24.95 billion the

Stocks, Currencies, Markets Jan 20 2017

GLOBAL MARKETS-Dollar falls, U.S. stocks end higher after Trump inauguration

* Stocks recover some ground after paring gains on Trump speech

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