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Extracted Claims (29746)

“He will keep the seat warm and will trumpet the president’s message as a loyalist inside the building,” said Mark Spindel, chief investment officer at Potomac River Capital, who wrote a book looking... 0.800

👤 Mark Spindel 📋 News Article 🏷️ Politics , Economics

Simplified: Mark Spindel said Stephen Miran will trumpet the president's message as a loyalist.

1 sources

3 days ago
He has called for tighter political reins on the institution, whose independence is seen as crucial to ensure that interest rate decisions are based on what is most appropriate economically rather tha... 1.000

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Stephen Miran has called for tighter political reins on the Federal Reserve.

1 sources

3 days ago
Once confirmed by the Senate — a process that could take months — Mr. Miran would hold one of the most powerful positions at an institution he has staunchly criticized in the past. 0.900

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Stephen Miran would hold a powerful position at the Federal Reserve after Senate confirmation.

1 sources

3 days ago
Before joining the Trump administration this year, Mr. Miran hit out at the Fed for what he described as “groupthink” on monetary policy, mission creep and regulatory blunders. 1.000

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Stephen Miran criticized the Federal Reserve for "groupthink" mission creep and regulatory blunders.

1 sources

3 days ago
Mr. Trump wants the Fed to cut interest rates significantly, but the central bank has opted to keep them steady this year, anticipating that the Trump administration’s tariff and other economic polici... 1.000

👤 The author 📋 News Article 🏷️ Politics , Economics , Finance

Simplified: Trump wants the Federal Reserve to cut interest rates significantly but the Fed has kept them steady.

1 sources

3 days ago
That has made the Fed’s chair, Jerome H. Powell, a frequent target of attacks by Mr. Trump, who has long sought to shake up the central bank since naming Mr. Powell as chair in his first term. 1.000

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Jerome Powell has been a frequent target of attacks by Trump.

1 sources

3 days ago
Her departure gave Mr. Trump a way to directly alter the upper echelons of the Fed, which has emerged as one of the president’s biggest foes since his return to the White House. 0.900

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Adriana Kugler's departure allowed Trump to alter the Federal Reserve's upper echelons.

1 sources

3 days ago
Mr. Miran, the chair of Mr. Trump’s Council of Economic Advisers, was tapped on Thursday to serve as a governor for a term that expires on Jan. 31. 1.000

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Stephen Miran was tapped to serve as a governor until January 31.

1 sources

3 days ago
That position was formerly held by Adriana Kugler, who officially stepped down on Friday after abruptly announcing last week that she would leave the post early and return to academia. 1.000

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Adriana Kugler formerly held the position and stepped down on Friday to return to academia.

1 sources

3 days ago
Officials at the Fed are deliberating when and by how much to lower interest rates after a long pause, and there is a tight contest underway for who will be named the next chair of the institution. 1.000

👤 The author 📋 News Article 🏷️ Economics , Finance

Simplified: Federal Reserve officials are deliberating on lowering interest rates and a contest is underway for the next chair.

1 sources

3 days ago
Stephen I. Miran may be filling only a temporary opening on the Federal Reserve’s powerful board of governors, but in that role he can influence important discussions in and around the central bank, w... 0.900

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Stephen I Miran can influence discussions at the Federal Reserve despite filling a temporary opening.

1 sources

3 days ago
Before he became President Trump’s top economic adviser, Stephen Miran hit out at the Federal Reserve for what he described as “groupthink” on monetary policy. 1.000

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Stephen Miran criticized the Federal Reserve's "groupthink" on monetary policy before becoming Trump's economic advisor.

1 sources

3 days ago
Stephen I. Miran may spend only a few months on the central bank’s board of governors, but in that time he can influence the discussions around interest rates and who will become the institution’s nex... 0.900

👤 The author 📋 News Article 🏷️ Politics , Economics , Finance

Simplified: Stephen I Miran can influence interest rate discussions and the selection of the next leader during his time on the board of governors.

1 sources

3 days ago
“We can fight hard to survive,” Mr. Barr said. 0.700

👤 Mr. Barr 📋 News Article 🏷️ Business

Simplified: KAVU can fight hard to survive.

1 sources

3 days ago
“What we need to thrive is stability and not chaos,” Mr. Barr said last week during a virtual news conference with Senator Patty Murray, Democrat of Washington. 0.900

👤 Mr. Barr 📋 News Article 🏷️ Business , Politics

Simplified: Mr Barr said KAVU needs stability not chaos.

1 sources

3 days ago
With his profit margin shrinking and business expenses already shaved to the bone, Mr. Barr said he would probably have to lay off some of his 28 employees in the next three to four months. 0.900

👤 The author 📋 News Article 🏷️ Business , Economics

Simplified: Mr Barr said KAVU would probably lay off some of its 28 employees in 3-4 months.

1 sources

3 days ago
“You’ve got to save money somewhere so the company can move ahead,” he said. 0.800

👤 Mr. Barr 📋 News Article 🏷️ Business , Finance

Simplified: Save money so the company can move ahead.

1 sources

3 days ago
At the same time, KAVU’s preseason sales for next summer came in 15 percent lower compared with sales for this summer season. 1.000

👤 The author 📋 News Article 🏷️ Business , Economics

Simplified: KAVU's preseason sales for next summer were 15 percent lower than this summer.

1 sources

3 days ago
The United States’ trade deal with Vietnam, for instance, stipulates a 20 percent tariff on goods from the country, and India is facing 50 percent tariffs. 1.000

👤 The author 📋 News Article 🏷️ Trade , Politics

Simplified: US trade deal with Vietnam stipulates 20 percent tariff India faces 50 percent tariffs.

1 sources

3 days ago
A button-down shirt produced in India that used to retail for $80 would be $105. 1.000

👤 The author 📋 News Article 🏷️ Business , Economics

Simplified: A India-made button-down shirt's retail price would be $105 up from $80.

1 sources

3 days ago