Trump’s Fed Pick Draws Democratic Fire at Confirmation Hearing

President Donald Trump’s pick to fill a vacant seat on the Federal Reserve’s Board of Governors pushed back against Democratic concerns that he would merely do Trump’s bidding at the central bank, even as he acknowledged he would retain his White House job.

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US military threatens to blockade all Iranian ports starting on Monday

Vessels will still be able to transit the Strait of Hormuz to and from non-Iranian …