By , FAYETTEVILLE, N.C./WASHINGTON (Reuters) - President Donald Trump said on Saturday he will nominate a woman to sit on the U.S. Supreme Court, a move that would tip the court further to the right following the death of liberal Ruth Bader Ginsburg.“I will be putting forth a nominee next week. It will be a woman,” Trump said at a campaign rally in Fayetteville, North Carolina. “I think it should be a woman because I actually like women much more than men.”As Trump spoke, supporters chanted: “Fill that seat.”He praised Ginsburg as a “legal giant ... Her landmark rulings, fierce devotion to...…By , FAYETTEVILLE, N.C./WASHINGTON (Reuters) - President Donald Trump said on Saturday he will nominate a woman to sit on the U.S. Supreme Court, a move that would tip the court further to the right following the death of liberal Ruth Bader Ginsburg.“I will be putting forth a nominee next week. It will be a woman,” Trump said at a campaign rally in Fayetteville, North Carolina. “I think it should be a woman because I actually like women much more than men.”As Trump spoke, supporters chanted: “Fill that seat.”He praised Ginsburg as a “legal giant ... Her landmark rulings, fierce devotion to...WW…

By , WASHINGTON (Reuters) - The Trump administration is “turbocharging” an initiative to remove global industrial supply chains from China as it weighs new tariffs to punish Beijing for its handling of the coronavirus outbreak, according to officials familiar with U.S. planning.President Donald Trump, who has stepped up recent attacks on China ahead of the Nov. 3 U.S. presidential election, has long pledged to bring manufacturing back from overseas.Now, economic destruction and the U.S. coronavirus death toll are driving a government-wide push to move U.S. production and supply chain...…By , WASHINGTON (Reuters) - The Trump administration is “turbocharging” an initiative to remove global industrial supply chains from China as it weighs new tariffs to punish Beijing for its handling of the coronavirus outbreak, according to officials familiar with U.S. planning.President Donald Trump, who has stepped up recent attacks on China ahead of the Nov. 3 U.S. presidential election, has long pledged to bring manufacturing back from overseas.Now, economic destruction and the U.S. coronavirus death toll are driving a government-wide push to move U.S. production and supply chain...WW…

By , , SEOUL/GENEVA/WASHINGTON (Reuters) - Nigeria’s Ngozi Okonjo-Iweala was poised to become the first African and first woman to lead the embattled World Trade Organization, after a South Korean rival withdrew on Friday and the United States reversed its previous opposition.The government of President Joe Biden expressed its strong support for Okonjo-Iweala in a statement late Friday, lauding her experience at the World Bank and leading Nigeria’s finance ministry, and pledging to work with her on needed reforms.The twin developments ended months of uncertainty over the leadership of the...…By , , SEOUL/GENEVA/WASHINGTON (Reuters) - Nigeria’s Ngozi Okonjo-Iweala was poised to become the first African and first woman to lead the embattled World Trade Organization, after a South Korean rival withdrew on Friday and the United States reversed its previous opposition.The government of President Joe Biden expressed its strong support for Okonjo-Iweala in a statement late Friday, lauding her experience at the World Bank and leading Nigeria’s finance ministry, and pledging to work with her on needed reforms.The twin developments ended months of uncertainty over the leadership of the...WW…

By , WASHINGTON (Reuters) - Janet Yellen won overwhelming Senate confirmation as the first woman to lead the U.S. Treasury on Monday, setting her quickly to work with Congress on coronavirus relief, reviewing U.S. sanctions policy and strengthening financial regulation.The Senate voted 84-15 to confirm Yellen, with all opposition coming from Republicans, several of whom have expressed concerns about President Joe Biden’s proposed $1.9 trillion coronavirus aid plan, tax hikes and other spending initiatives.Shortly after the vote, House of Representatives Democrats delivered to the Senate a...…By , WASHINGTON (Reuters) - Janet Yellen won overwhelming Senate confirmation as the first woman to lead the U.S. Treasury on Monday, setting her quickly to work with Congress on coronavirus relief, reviewing U.S. sanctions policy and strengthening financial regulation.The Senate voted 84-15 to confirm Yellen, with all opposition coming from Republicans, several of whom have expressed concerns about President Joe Biden’s proposed $1.9 trillion coronavirus aid plan, tax hikes and other spending initiatives.Shortly after the vote, House of Representatives Democrats delivered to the Senate a...WW…

By , , WASHINGTON (Reuters) - President-elect Joe Biden is expected to name Neera Tanden, who was an adviser to former President Barack Obama, as director of the White House budget office, and economist Cecilia Rouse as chair of the Council of Economic Advisers as soon as Monday, according to a person familiar with the process.Biden is also expected to pick Wally Adeyemo, senior international economic adviser in the Obama administration, to serve as Janet Yellen’s top deputy at the Treasury Department. Economists Jared Bernstein and Heather Boushey are expected to be named as members of the...…By , , WASHINGTON (Reuters) - President-elect Joe Biden is expected to name Neera Tanden, who was an adviser to former President Barack Obama, as director of the White House budget office, and economist Cecilia Rouse as chair of the Council of Economic Advisers as soon as Monday, according to a person familiar with the process.Biden is also expected to pick Wally Adeyemo, senior international economic adviser in the Obama administration, to serve as Janet Yellen’s top deputy at the Treasury Department. Economists Jared Bernstein and Heather Boushey are expected to be named as members of the...WW…

United States WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday called for a boycott of Goodyear Tire & Rubber Co () following a local news report in Kansas that the company has deemed political attire including that of the Trump campaign unacceptable for the workplace. “Don’t buy GOODYEAR TIRES - They announced a BAN ON MAGA HATS,” Trump wrote on Twitter, referring to his slogan “Make America Great Again.” Shares in Goodyear, the largest tire company in North America, fell 4% following Trump’s Twitter post. The company is the largest provider of tires to new vehicles in...…United States WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday called for a boycott of Goodyear Tire & Rubber Co () following a local news report in Kansas that the company has deemed political attire including that of the Trump campaign unacceptable for the workplace. “Don’t buy GOODYEAR TIRES - They announced a BAN ON MAGA HATS,” Trump wrote on Twitter, referring to his slogan “Make America Great Again.” Shares in Goodyear, the largest tire company in North America, fell 4% following Trump’s Twitter post. The company is the largest provider of tires to new vehicles in...WW…

By , , WASHINGTON (Reuters) - President Donald Trump’s decision to cut U.S. troop levels in Germany blindsided a number of senior national security officials, according to five sources familiar with the matter, and the Pentagon had yet to receive a formal order to carry it out, Reuters has learned.Trump decided to remove 9,500 troops from Germany, one of America’s strongest allies, reducing the number there to 25,000 from 34,500, a senior U.S. official said on Friday.That official said it was the result of months of work by the U.S. military leadership and had nothing to do with tensions...…By , , WASHINGTON (Reuters) - President Donald Trump’s decision to cut U.S. troop levels in Germany blindsided a number of senior national security officials, according to five sources familiar with the matter, and the Pentagon had yet to receive a formal order to carry it out, Reuters has learned.Trump decided to remove 9,500 troops from Germany, one of America’s strongest allies, reducing the number there to 25,000 from 34,500, a senior U.S. official said on Friday.That official said it was the result of months of work by the U.S. military leadership and had nothing to do with tensions...WW…

By , , DUBAI/RIYADH/WASHINGTON (Reuters) - Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world’s poorest countries through the end of the year, a move quickly matched by a group of hundreds of private creditors.The actions to freeze both principal repayments and interest payments will free up more than $20 billion for the countries to spend on improving their health systems and fighting the coronavirus pandemic, Saudi Finance Minister Mohammed al-Jadaan told reporters after a virtual meeting of G20 finance officials.Saudi...…By , , DUBAI/RIYADH/WASHINGTON (Reuters) - Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world’s poorest countries through the end of the year, a move quickly matched by a group of hundreds of private creditors.The actions to freeze both principal repayments and interest payments will free up more than $20 billion for the countries to spend on improving their health systems and fighting the coronavirus pandemic, Saudi Finance Minister Mohammed al-Jadaan told reporters after a virtual meeting of G20 finance officials.Saudi...WW…

By , WASHINGTON (Reuters) - The Trump administration is not considering broad relief from import tariffs on Chinese goods to ease economic pain from the coronavirus, U.S. Treasury Secretary Steven Mnuchin said on Friday, dashing the hopes of industry and some lawmakers.President Donald Trump, however, would likely consider some specific exemptions to aid small businesses hurt by the virus, Mnuchin said on CNBC and to reporters at the White House.U.S. Trade Representative Robert Lighthizer was “looking at additional exemptions for companies that are particularly hit and have issues with the...…By , WASHINGTON (Reuters) - The Trump administration is not considering broad relief from import tariffs on Chinese goods to ease economic pain from the coronavirus, U.S. Treasury Secretary Steven Mnuchin said on Friday, dashing the hopes of industry and some lawmakers.President Donald Trump, however, would likely consider some specific exemptions to aid small businesses hurt by the virus, Mnuchin said on CNBC and to reporters at the White House.U.S. Trade Representative Robert Lighthizer was “looking at additional exemptions for companies that are particularly hit and have issues with the...WW…

By WASHINGTON (Reuters) - A mounting wave of protests demanding police reform after the killing of a black man in Minneapolis swept across the United States on Sunday, building on the momentum of huge demonstrations across the country the day before.In response, a majority of city council members in Minneapolis pledged to abolish the police department, though how they would navigate that long, complex undertaking was not yet known.In some of the largest protests yet seen across the United States, a near-festive tone prevailed over the weekend. Most unfolded with no major violence, in sharp...…By WASHINGTON (Reuters) - A mounting wave of protests demanding police reform after the killing of a black man in Minneapolis swept across the United States on Sunday, building on the momentum of huge demonstrations across the country the day before.In response, a majority of city council members in Minneapolis pledged to abolish the police department, though how they would navigate that long, complex undertaking was not yet known.In some of the largest protests yet seen across the United States, a near-festive tone prevailed over the weekend. Most unfolded with no major violence, in sharp...WW…