Yellen tells Congress to expect more rate hikes

 

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen told Congress on Wednesday that the central bank expects to keep raising a key interest rate at a gradual pace and also plans to start trimming its massive bond holdings this year.

Yellen Congress

  • Written by By MARTIN CRUTSINGER , AP Economics Writer

Trump defends son after disclosure of Russian emails

 

WASHINGTON (AP) — President Donald Trump declared Wednesday that his eldest son was "open, transparent and innocent," a day after Donald Trump Jr. revealed his eagerness to hear damaging information about Hillary Clinton from the Russian government in a meeting last year with an attorney from Moscow.

  • Written by By CHAD DAY and ERIC TUCKER , Associated Press

Trump Jr. emails are latest development in Russia probes

 

WASHINGTON (AP) — A special counsel's investigation and congressional probes into the Trump campaign and contacts with Russia continue to shadow the administration nearly six months into Donald Trump's presidency.

  • Written by By ERIC TUCKER , Associated Press

Trump's FBI pick to face questions about independence

 

WASHINGTON (AP) — President Donald Trump's pick to lead the FBI faces a confirmation hearing Wednesday that will undoubtedly focus on the political tumult surrounding his nomination, with both Democrats and Republicans seeking assurances of his independence from the White House.

FBI Wray

  • Written by By SADIE GURMAN and ERIC TUCKER , Associated Press