Tag Archives: officials

As egg prices soar, so do attempts to bring them across the US-Mexico border: US officials

As egg prices soar, so do attempts to bring them across the US-Mexico border: US officials

With egg prices spiking 59.9% year-over-year, so have the number of attempts to bring them across the U.S.-Mexico border. “There has been a large increase in the volume of prohibited food items, such as raw eggs and raw poultry meat, brought by travelers from Mexico. We would like to remind the traveling public that federal agricultural regulations remain in effect,” said Jennifer De La O, CBP Director of Field Operations in San Diego, said in a recent release. Roger Maier, a U.S. Customs… Source link

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Fed officials see ‘eye-popping’ inflation data in rearview after December slowdown

Fed officials see ‘eye-popping’ inflation data in rearview after December slowdown

Inflation pressures eased again in December, giving some Federal Reserve officials more confidence that a continued slowdown in its interest rate increases is warranted. In the final month of 2022, inflation as measured by the Consumer Price Index showed prices rose 6.5% over last year while falling 0.1% over the prior month. Philadelphia Fed President Patrick Harker said Thursday morning he expects the “eye-popping” inflation readings of 2022 are behind us, and that it makes sense to slow… Source link

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U.S. officials condemn U.N. human rights official accused of making antisemitic posts

U.S. officials condemn U.N. human rights official accused of making antisemitic posts

Michèle Taylor, U.S. ambassador to the United Nations Human Rights Council, at a hearing in Geneva on Aug. 11. (Fabrice Coffrini/AFP via Getty Images) WASHINGTON — American officials blasted a high-ranking United Nations diplomat in charge of monitoring the tense situation in Israel and the Palestinian territories, arguing that posts she made about the conflict there disqualified her from being an objective broker. The offending posts were made in 2014 by Francesca Albanese, an unabashed… Source link

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U.S. government warns that Iran may try to kill American officials in revenge for killing top general

U.S. government warns that Iran may try to kill American officials in revenge for killing top general

The U.S. government believes that Iran may try to assassinate current or former senior American officials to avenge the death more than two years ago of its top military and intelligence commander, according to an intelligence report obtained by Yahoo News. In January 2020, the Trump administration conducted a drone strike that killed Maj. Gen. Qassem Soleimani while he was on a trip to Iraq. Since then, the regime in Tehran has threatened revenge against those it deems responsible and has… Source link

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Fed officials start to embrace the possibility of recession

Fed officials start to embrace the possibility of recession

Policymakers at the Federal Reserve are beginning to entertain the possibility of recession, as high inflation pushes the central bank to raise interest rates at the fastest pace in decades. “It’s certainly a possibility,” Fed Chairman Jerome Powell told the Senate Banking Committee on Wednesday when asked about the chance of a recession. Powell clarified: “It’s not our intended outcome.” The Fed chief’s remarks on Wednesday stand in contrast to his commentary from early May, when… Source link

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US, WHO officials and experts now agree (sort of) on how COVID-19 spreads

US, WHO officials and experts now agree (sort of) on how COVID-19 spreads

Sars-CoV-2, the virus that causes COVID-19, is airborne. That simple declaration from the White House is what some experts around the world have known since 2020 — and it could have major implications for U.S. businesses and organizations. Dr. Alondra Nelson, head of the White House Office of Science and Technology Policy (OSTP) and deputy assistant to President Joe Biden, announced the highly-awaited words in a recent statement. “The most common way COVID-19 is transmitted from one person… Source link

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U.S. Officials Say Superyacht Could be Putin’s

The Scheherazade, which dominates the waterfront in the small town of Marina di Carrara, Italy, March 4, 2022, where it has been moored since September. (Gaia Pianigiani/The New York Times) WASHINGTON — U.S. officials are examining the ownership of a $700 million superyacht currently in a dry dock in an Italian seacoast town and believe it could be associated with President Vladimir Putin of Russia, according to multiple people briefed on the information. U.S. intelligence agencies have made… Source link

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Federal Reserve tightens ethics rules to ban active trading by senior officials

The Federal Reserve on Thursday said it will tighten its ethics rules concerning personal finances among its most senior officials, the latest development in a trading scandal that has led to the resignation of two policymakers. The central bank said it has introduced a “broad set of new rules” that restricts any active trading and prohibits the purchase of any individual securities (i.e. stocks, bonds, or derivatives). The new restrictions effectively only allow purchases of diversified… Source link

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Sen. Warren presses SEC to look into trades made by senior Fed officials

Senator Elizabeth Warren on Monday called on the Securities and Exchange Commission to look into trades made by senior Federal Reserve officials over the course of 2020. The Massachusetts Democrat asked the SEC to investigate the extent of trading carried out by at least three high-ranking officials at the central bank, including the timing of the trades and whether or not those trades “may have been influenced by non-public information.” The request comes after reporting last Friday… Source link

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Powell orders review of Fed ethics rules after stock trades made by senior officials

Federal Reserve Chairman Jerome Powell has directed staff to review the central bank system’s rules around stock trading as part of clean-up efforts related to the disclosure of several personal multi-million dollar transactions made by senior policymakers last year. “Chair Powell late last week directed Board staff to take a fresh and comprehensive look at the ethics rules around permissible financial holdings and activities by senior Fed officials,” a Fed spokesperson said. The Fed… Source link

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