Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
WASHINGTON (Reuters Breakingviews) - The Federal Reserve is sailing into uncharted waters. The U.S. central bank will start shrinking its $4.5 trillion balance sheet next month. The timing is risky, with lawmakers set to spar again over government funding and the debt ceiling. The Fed’s portfolio downsizing will also cut the nearly $92 billion it sent to Treasury last year, adding to budget pressures.
WASHINGTON (Reuters Breakingviews) - The Securities and Exchange Commission’s failure to respond properly to hacks into its systems puts U.S. cyber security on the back foot. Unlike the breach at credit-grading agency Equifax, the watchdog’s woes don’t put people’s data at risk. It’s the clumsy way it is dealing with the aftermath that’s the problem.
WASHINGTON (Reuters Breakingviews) - The impact of Hurricane Harvey intensifies an already brewing storm over U.S. federal flood insurance. The Texas disaster, which President Donald Trump is seeing firsthand on Tuesday, will put the government coverage program, already $25 billion in debt, further under water. Among other snags, the subsidized backstop insurance encourages building in high-risk areas.
WASHINGTON (Reuters Breakingviews) - Donald Trump’s antics may be both a virus and a cure for uneasy financial markets. The U.S. president threatened a government shutdown over border-wall funds as the risk of an Uncle Sam debt default looms just weeks away. Yet he is angering the very lawmakers he needs on these issues. Ironically, his divisiveness could actually serve to unite the middle to resolve these economic hurdles.
WASHINGTON (Reuters Breakingviews) - Neither Carl Icahn nor Donald Trump is looking good in a fight over biofuels regulations. The billionaire investor wanted rules changed to help CVR Energy, a refiner he controls. Icahn resigned on Friday as the president’s adviser on deregulation just ahead of a New Yorker story detailing these alleged conflicts of interest. The picture gets even murkier because the White House now seems to be saying there was no job for Icahn to quit.
WASHINGTON (Reuters Breakingviews) - Economic nationalists still linger in the White House. The departure of Steve Bannon, the chief strategist who advocated protectionist, "America first" policies, represents a plus for the global economy. But other foes of open trade and immigration will continue to try to influence Donald Trump. The centrists’ economic fight waged by National Economic Council director Gary Cohn and others will get easier but it’s not over.
WASHINGTON (Reuters Breakingviews) - Gary Cohn is facing the most difficult investment dilemma of his career. The former Goldman Sachs president helped steer the bank to safety during the financial crisis. Now he’s under pressure to abandon President Donald Trump, whom he serves as chief economic advisor. Remaining could hurt his reputation, but he’s been a moderating influence on trade and he’s also a point man on tax reform. Losing his Wall Street savvy would further damage the White House - and the country.
WASHINGTON (Reuters Breakingviews) - The Teamsters are throwing a wrench into the self-driving movement’s works. The union has convinced U.S. lawmakers to exempt commercial trucks from a bill allowing more autonomous vehicles on the roads. Granted, 3.5 million jobs are at stake. But as Tesla joins Daimler and others in the big-rig tech race, it’d be smarter to prepare haulers for a career shift.
WASHINGTON (Reuters Breakingviews) - U.S. Republicans are pursuing the holy grail of Washington policy: tax reform. The last comprehensive overhaul was in 1986 under Ronald Reagan. The Exchange met with Reagan adviser Art Laffer, known as the father of supply-side economics, to discuss the prospects for reform today.
［ワシントン ２日 ロイター BREAKINGVIEWS］ - シリコンバレーの企業は、雇用問題で、トランプ米大統領の上を行こうとしている。