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Wednesday, November 28, 2018

Trump tests presidential limits by threat to General Motors


Trump tests presidential limits by threat to General Motors



President Donald Trump tested the limits of his presidential authority and political muscle as he threatened to cut off all federal subsidies to General Motors because of its planned massive cutbacks in the U.S. Trump unloaded on Twitter on Tuesday, a day after GM announced it would shutter five plants and slash 14,000 jobs in North America.

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US holds rates steady despite economy fears

The US central bank warns that economic uncertainty has "increased". from BBC News https://ift.tt/V0ZjlF8