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Jonathan Spicer

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

2:51pm EST

Puerto Rico should rebuild power from scratch: U.S. Fed official

NEW YORK Puerto Rico should "start from scratch" rebuilding its already outdated power infrastructure after deadly Hurricane Maria last year devastated it and left citizens marooned, the U.S. central banker overseeing the island territory said on Thursday.

10:00am EST

Puerto Rico should rebuild power from scratch -U.S. Fed official

NEW YORK, Feb 22 Puerto Rico should "start from scratch" rebuilding its already outdated power infrastructure after deadly Hurricane Maria last year devastated it and left citizens without power, the U.S. central banker overseeing the island territory said on Thursday.

Feb 05 2018

A decade after recession, a jump in U.S. states with wage gains

OAKLAND, Calif./CANTON, N.Y./WASHINGTON The kind of pay raises for which American workers have waited years are now here for a broadening swath of the country, according to a Reuters analysis of state-by-state data that suggests falling unemployment has finally begun boosting wages. | Video

Jan 17 2018

In replacing Dudley, New York Fed aims to avoid political pitfalls

NEW YORK Unions and groups advocating for retirees, teachers, housing, and workers' benefits are among those visiting the ornate conference rooms of the Federal Reserve Bank of New York to lobby for a less conventional candidate to serve as its next president.

Jan 11 2018

Key Fed official slams U.S. tax cuts for imperiling economy

NEW YORK One of the Federal Reserve's most influential members on Thursday offered a point-by-point critique of U.S. President Donald Trump's sweeping tax cuts, warning they put the country on an unsustainable fiscal path that will imperil the economy's stability down the road.

Jan 10 2018

Analysis: China's U.S. bond rebalancing would hold few fears for Fed

NEW YORK Federal Reserve policymakers reacted coolly to a report on Wednesday that China could curb its massive U.S. debt purchases, pointing out that such rebalancing by countries can be healthy and would not likely disrupt the U.S. central bank's plan to trim its own bond portfolio.

Jan 08 2018

Shrinking balance sheet may protect Federal Reserve from losses and political criticism: Fed study

NEW YORK The Federal Reserve has begun shrinking its $4.4-trillion balance sheet because the U.S. economy's recovery from the 2008 financial crisis means less need for central bank support and the Fed wants to keep its powder dry for the next recession.

Jan 08 2018

In test for Powell, internal groundswell grows to rethink Fed's inflation approach

PHILADELPHIA Pressure is building within the Federal Reserve for incoming Chairman Jerome Powell to consider a new strategy for raising U.S. inflation after more than five years of weakness that has baffled the central bank.

Jan 07 2018

In possible boon for White House, Fed ready to lay low as tax plan kicks in

PHILADELPHIA U.S. Federal Reserve policymakers have come to view Donald Trump's tax overhaul as a short-term economic boost that will neither permanently supercharge the economy, as the president says, or cause an immediate disruption that would require a central bank response, as some analysts have warned.

Jan 06 2018

Williams paints benign picture of Fed rate hikes, strong U.S. economy

PHILADELPHIA The Federal Reserve should raise interest rates three times this year given the already strong economy will get a boost from tax cuts, and can tighten more or less aggressively if needed, a key U.S. rate-setter said on Saturday.

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