One of President-elect Donald Trump's first acts in the White House should be firing Consumer Financial Protection Bureau Director Richard Cordray, a pair of Republican Senators argued in a letter on Monday night.The Republicans also believe the CFPB's single-director structure is "unconstitutional" -- a belief backed up by a federal court ruling in October.
A request for comment from the Trump transition team was not immediately returned.A spokesperson for the Trump transition team told CNN's KFile Saturday when the initial report was published that they were standing by Crowley.
Asian shares stood near two-month highs on Wednesday as investors looked to President-elect Donald Trump's news conference later in the day for any clues to his policies on tax, fiscal spending, international trade and currencies.The peso has lost 16 percent of its value against the dollar since Trump was elected.
S.Here's a list of 2017's biggest risks, according to WEF, Eurasia Group and Control Risks.
All of Trump's business and financial assets will be placed into the trust before he is inaugurated Jan.Related: Will Trump's plan on business conflicts be enough?
Allergan (AGN) and Valeant (VRX), two other biotechs that have been criticized for raising drug prices, also fell more than 3%.And the iShares Nasdaq Biotechnology ETF (IBB), which owns many of these companies fell 3% too.
The president-elect made the revelation Wednesday during the first press conference he's held since being elected.And I turned it down.
It's the office combing through the financial holdings of Trump's Cabinet nominees to look for problems.Earlier Wednesday, Trump announced that he would place his vast business holdings in a trust controlled by his adult sons, Don Jr.
Manufacturer Mylan (MYL) jacked up the price of the EpiPen by more than 400% since 2009, and was forced to develop a generic alternative amid national outrage.Cigna now says it will only cover the half-priced generic version, which launched in December.
I've been honoured to work with you on it," Sessions said in response to a question from Senator Charles Grassley, Chairman of the Senate Judiciary Committee.In the past both Sessions and Grassley have worked together to bring legislations on H-1B visas that badly hit Indian IT companies.
The Delta CEO is just the latest business leader to applaud Trump and the windfall of optimism triggered by the election results.Both organizations that publish these numbers attributed the rise to Trump's election.
That includes Russia and China and everybody," President-elect Donald Trump said at a press conference Wednesday.Trump has tapped former New York City mayor Rudy Giuliani to chair a cybersecurity commission to put forward new ideas within 90 days.
That's the biggest annual decline since 2009.held up better -- they were virtually unchanged from 2015 -- but China's overall trade surplus declined last year for the first time since 2011.
Overhauling the provisions that dictate insurers' practices is critical to the Republicans' ability to lay out their vision.The problem is Republicans can't repeal Obamacare in full.
He joined the ethics office as a staff attorney early in the George W.Norman Eisen, who led ethics initiatives in President Obama's first term and is now a visiting fellow at the Brookings Institution, said Shaub asked to speak about ethics after Trump's press conference.
Time for Davos: Business and political leaders from around the world will convene in Davos, Switzerland on Tuesday to kick off the World Economic Forum.Wilbur Ross confirmation: The Senate will decide whether to confirm billionaire investor Wilbur Ross for Commerce secretary on Wednesday.
But there is a prevailing sense of uncertainty -- "how will Trump treat the press?The White House Correspondents' Association had no immediate comment.
Sterling slid to three-month lows in Asia on Monday with investors again spooked by concerns over Britain's exit from the European Union, while US policy uncertainty lingered ahead of President-elect Donald Trump's inauguration.Regional share markets were hesitant with MSCI's broadest index of Asia-Pacific shares outside Japan up just 0.
The move comes after CNN's KFile uncovered multiple instances of plagiarism in her 2012 book, her columns for the Washington Times, and her 2000 Ph.dissertation for Columbia University.
company that distributes Corona took a 7% dive in the stock market -- and it hasn't recovered.The post-election slump is largely driven by fears that Trump's aggressive stance towards Mexico will ricochet against Constellation's portfolio of Mexican beer brands Corona, Modelo and Pacifico.