United States

Special Report Politics Headlines

Trump taps Fed centrist Powell to lead U.S. central bank

President Donald Trump on Thursday tapped Fed Governor Jerome Powell to become head of the U.S. central bank, breaking with precedent by denying Janet Yellen a second term but signaling a continuation of her cautious monetary policies.


Former FBI No.2 McCabe fired; claims he is being targeted

WASHINGTON U.S. Attorney General Jeff Sessions fired the FBI's former No.2 official Andrew McCabe Friday, prompting McCabe to say he is being targeted because he is a crucial witness into whether President Donald Trump tried to obstruct the Russia investigation.