The White House set up a working group in early June to study the issue, which is expected to deliver recommendations to the president by early August.
Peter Navarro, the assistant to the president for trade and manufacturing policy, said the letter was “part of a broader effort to defend
WASHINGTON — The Federal Reserve painted a sober picture of the economy on Friday, declaring that the financial system remains under stress because of the coronavirus pandemic and that the path back to steady growth and a strong labor market is unsure.
In a semiannual monetary policy report to Congress,
The company prevented users from viewing Mr. Trump’s message without first reading a brief notice describing the rule violation. Twitter also blocked users from liking or replying to Mr. Trump’s post.
But Twitter did not take the tweet down, saying it was in the public’s interest that the message remain
Jerome H. Powell, the chair of the Federal Reserve, and other top central bank officials warned on Thursday that the United States was experiencing an exceptional shock in the coronavirus pandemic, and that it was wildly unclear when and how low unemployment and widespread prosperity would return.
The United States
The Federal Reserve chair, Jerome H. Powell, delivered a stark warning on Wednesday that the United States was experiencing an economic hit “without modern precedent,” one that could permanently damage the economy if Congress and the White House did not provide sufficient financial support to prevent a wave of bankruptcies
