As Congress Fails to Act, Only the Fed Can Save the Economy

In a seemingly routine announcement, out-going Treasury Secretary Steven Mnuchin abruptly asked the Federal Reserve to return money that it had been advanced earlier this year to make emergency purchases of corporate bonds, municipal bonds, loans to mid-sized businesses, and …

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Putin Holding Off on U.S. Presidential Congratulations

MOSCOW — President Vladimir Putin says Russia is willing to work with whomever is officially declared the next president of the United States, but that he won’t offer congratulations until the winner is formally decided or a candidate concedes.
Putin’s …

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