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.


Trump lawyer seeks $20 million damages from Stormy Daniels: filing

WASHINGTON A law firm representing U.S. President Donald Trump and the corporation that paid porn actress Stormy Daniels $130,000 in what she called hush money over an alleged affair with Trump said in a court filing that it was seeking at least $20 million in damages for multiple violations of a nondisclosure agreement. | Video