White House economic adviser Gary Cohn said on Sunday that the Federal Reserve “has been doing a good job” and the Trump administration respects its independence, even if the U.S. central bank raises interest rates this week.
House Republican leaders are in a standoff with conservatives over the Republican ObamaCare replacement bill rapidly moving to the House floor. Unless one side gives ground, the bill appears unable to pass.
Preet Bharara, one of the most high-profile federal prosecutors in the country, said he was fired Saturday after refusing to submit a letter of resignation as part of an ouster of the remaining U.S. attorneys who were holdovers from the Obama administration, according to people familiar with the matter.
Twin blasts Saturday near holy shrines frequented by Shiites in the Syrian capital Damascus killed at least 40 people and wounded over a hundred, most of them Iraqis, according to Syrian and Iraqi officials.