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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.

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In second day of shutdown, Republicans, Democrats dig in for fight

WASHINGTON Republicans and Democrats appeared to harden their positions on Sunday as both sides hunkered down for what could be a prolonged fight, with a U.S. government shutdown in its second day. | Video