Tag: Government policy

Clinton Calls Trump a ‘Fraud’ Over Trump University ‘Scam’ [VIDEO]

Democratic presidential candidate Hillary Clinton issued one of her sharpest critiques yet of Donald Trump, calling him a “fraud” and accusing him of “trying to scam America.” “He is trying to scam America the way he scammed all those people at Trump U,” Clinton said while campaigning at Rutgers University in Newark, New Jersey, today.…

Obama Lifts US Embargo On Lethal Arms Sales To Vietnam [VIDEO]

President Barack Obama has announced the US is fully lifting its embargo on sales of lethal weapons to Vietnam, its one-time enemy. Speaking during a visit to communist Vietnam and talks with its leaders, Mr Obama said the move removed a “lingering vestige of the Cold War”. The US is trying to bolster its relationship…

Fed Raises Rates For First Time Since 2006, Markets Climb

The Federal Reserve raised interest rates Wednesday for the first time in nearly a decade. The central banking committee unanimously voted to move the target range for the federal funds rate to a 0.25-0.5 percent range, up from a 0-0.25 range. “The committee judges that there has been considerable improvement in labor market conditions this…

Obama Announces US Cuba Opening Of Embassies [VIDEO]

The United States and Cuba have agreed to open embassies in each other’s capitals, the biggest tangible step in the countries’ historic bid to restore ties after more than a half-century of hostilities. President Barack Obama is expected to announce the agreement Wednesday at the White House. The Cuban Foreign Ministry said the embassies in…

Obama signs trade, worker assistance bills into law

President Barack Obama has signed into law two hard-fought bills giving him greater authority to negotiate international trade deals and providing aid to workers whose jobs are displaced by such pacts. The measures were politically linked to secure bipartisan support for the trade legislation. They set the stage for the conclusion of a 12-nation Pacific…

Power Outages Big Fear As Storm Bears Down On DC

After pummeling the nation’s midsection with heavy snow, a late-winter storm made its way Wednesday to the nation’s capital, where residents braced for the possibility of power outages. As the storm closed in, the federal government said its offices in the Washington, D.C., area would be closed Wednesday. Many major school systems around Washington and…

Obama Signs Order To Begin $85B In Sequester Spending

President Obama on Friday signed an order that starts putting into effect across-the-board budget cuts known as the “sequester” after he and congressional leaders failed to find an alternative budget plan. The President, after an Oval Office meeting with the lawmakers, called the cuts “just dumb.” He said they would slow the economic recovery and…