Bloomberg Politics: news on page 571

Powell Inherits Fed Rate-Hike Debate With Inflation Doubts Lingering

Powell Inherits Fed Rate-Hike Debate With Inflation Doubts Lingering

The Federal Reserve is getting ready to welcome a new chairman amid doubts and divisions among policy makers about how many times to raise interest rates this year.
Sanders Says Trump's Base Is Solid Despite Bannon Rift

Sanders Says Trump's Base Is Solid Despite Bannon Rift

White House spokeswoman Sarah Sanders comments on the rift between President Donald Trump and Steve Bannon during a news conference in Washington. (Source: Bloomberg)
This Is How to Sneak Oil Into North Korea

This Is How to Sneak Oil Into North Korea

Donald Trump’s desire to squeeze Kim Jong Un’s regime risks being undermined by the furtive maneuvers of oil tankers at sea.
Giuliani Law Partner Named Top New York Federal Prosecutor

Giuliani Law Partner Named Top New York Federal Prosecutor

Rudy Giuliani’s law partner was named as top federal prosecutor in Manhattan, taking charge of an office that investigates Wall Street, international bribery and political corruption.
Fire in Secret Service Building at Clintons' Home Extinguished

Fire in Secret Service Building at Clintons' Home Extinguished

Chappaqua, N.Y. (AP) -- Firefighters responded to Bill and Hillary Clinton's home outside New York City after a small fire in a building on the property.
Motel 6 Sued for Sharing ‘Latino-Sounding’ Guest Names With ICE

Motel 6 Sued for Sharing ‘Latino-Sounding’ Guest Names With ICE

Motel 6 is again facing allegations of aiding U.S. Immigration and Customs Enforcement in its crackdown against undocumented immigrants.
How Much Authority Does Mueller Really Have?

How Much Authority Does Mueller Really Have?

A special counsel like Robert Mueller is granted a level of independence and autonomy to lead investigations of politically sensitive matters of national importance. But the position doesn’t come
Manafort Sues Mueller, Rosenstein and Justice Department

Manafort Sues Mueller, Rosenstein and Justice Department

Paul Manafort, the indicted former campaign chairman of President Donald Trump, claims in a lawsuit that U.S. Special Counsel Robert Mueller overstepped his authority by charging him with crimes
Trump to Seek Biggest Offshore Drilling Increase in Decades

Trump to Seek Biggest Offshore Drilling Increase in Decades

The Trump administration is poised to open the door to selling new offshore drilling rights from the Atlantic Ocean to the Arctic Sea, igniting a fight with coastal residents worried about oil spills
U.K. Thinks Barnier Bluffing on No Brexit Deal for Banks

U.K. Thinks Barnier Bluffing on No Brexit Deal for Banks

Prime Minister Theresa May believes Michel Barnier is bluffing when he says there will be no special deal for financial services, officials said, as the U.K. prepares to negotiate its post-Brexit ties
Cuomo Plans to Sue U.S. Government Over State Tax Break Change

Cuomo Plans to Sue U.S. Government Over State Tax Break Change

New York Governor Andrew Cuomo said his administration plans to sue the federal government over the new Republican tax law, on the grounds that it’s unconstitutional because it discriminates against
Manafort Suit Seeks to Undermine Mueller's Legal Authority

Manafort Suit Seeks to Undermine Mueller's Legal Authority

Paul Manafort claims that U.S. Special Counsel Robert Mueller overstepped his authority in charging Manafort with crimes related to business conducted long before he became President Donald Trump’s
Macron Urges EU to Stress Iran Human Rights, Keep Nuclear Accord

Macron Urges EU to Stress Iran Human Rights, Keep Nuclear Accord

French President Emmanuel Macron said the European Union’s response to the unrest in Iran must be “coordinated and useful” by stressing the importance of human rights in the country without calling
Rep. Hurd Says Bipartisan Deal on Border Is Possible

Rep. Hurd Says Bipartisan Deal on Border Is Possible

Rep. Will Hurd, a Texas Republican, discusses the Trump-Bannon feud, North Korea, immigration reform and border security with Julia Chatterley on "Bloomberg Markets." (Source: Bloomberg)
What Bannon's Comments Mean for Mueller's Russia Probe

What Bannon's Comments Mean for Mueller's Russia Probe

Bloomberg Businessweek's Megan Murphy and Bloomberg's Margaret Talev discuss the White House's reaction to Steve Bannon's comments in Michael Wolff's new book. They speak with Bloomberg's Shery Ahn
Trump Portrayed as Stupid in New Book

Trump Portrayed as Stupid in New Book

Bloomberg Businessweek’s Josh Green talks about the White House’s reaction to Michael Wolff’s new book. He speaks with Bloomberg’s David Westin and Shery Ahn on "Bloomberg Markets: Balance of Power."
CFR's Abrams Says Kim Wants to Divide U.S. and S. Korea

CFR's Abrams Says Kim Wants to Divide U.S. and S. Korea

Elliott Abrams, Council on Foreign Relations senior fellow, discusses the latest tensions between the U.S. and North Korea. He speaks with David Westin and Shery Ahn on "Bloomberg Markets: Balance of
Turkish Banker Guilty in U.S. of Iran-Sanctions Conspiracy

Turkish Banker Guilty in U.S. of Iran-Sanctions Conspiracy

A Turkish banker was convicted of helping Iran evade U.S. financial sanctions in a verdict likely to further strain relations between Turkey and the U.S.
GOP Rep. Lance Fights IRS Property Tax Directive

GOP Rep. Lance Fights IRS Property Tax Directive

Republican Congressman Leonard Lance of New Jersey discusses his plan to introduce legislation that would allow taxpayers to deduct all of their prepaid 2018 state and local property taxes from their
Washington D.C. Gets $50 Million in Property-Tax Prepayments

Washington D.C. Gets $50 Million in Property-Tax Prepayments

Washington D.C.’s city government collected more than $50 million in prepayments of 2018 property taxes from about 7,500 taxpayers, said David Umansky, a spokesman for the city’s Chief Financial