Boris Johnson’s flat: Beefed up powers for ‘unaccountable’ standards adviser dismissed by minister
A minister has rejected calls for beefed up powers for an “unelected, unaccountable” ministerial standards adviser, currently looking into the funding of Boris Johnson’s Downing Street flat. Speaking to Sky News, Victoria Atkins said the suggestion had “not really been thought through”. She was responding to concerns that the newly-appointed ministerial standards adviser Lord Geidt […]
Presidential hopeful Bloomberg proposes new taxes, protections to rein in Wall Street
By Joseph Ax and Michelle Price NEW YORK (Reuters) – U.S. Democratic presidential candidate Michael Bloomberg on Tuesday outlined a sweeping financial services policy proposal to rein in Wall Street trading, boost consumer protections, increase Americans’ access to banking services and crack down on financial crime. The left-leaning platform marks a striking turnaround for the […]
The Federal Reserve chair says inflation will likely remain high in coming months.
Jerome H. Powell, the Federal Reserve chair, is set to tell House lawmakers that inflation has increased “notably” and is poised to remain higher in coming months before moderating — but he will make no indication that the recent jump in prices is pushing central bankers to rush to change policy. The Fed chair will […]