The president, Christina H. Paxson, led the campus for over a decade, but in recent years faced protests, political pressure and a shooting that killed two students.
President Trump said recreation in Bears Ears National Monument was virtually impossible. Documents reviewed by The New York Times show officials knew otherwise.
Iran on Monday pushed back on President Trump’s claims that Tehran is negotiating with the administration regarding a longer-term end to the months-long conflict. “We are not currently holding negotiations with the United States. Our talks are with Oman and are focused on reaching an understanding on a route that would allow shipping traffic to safely pass through the Strait of Hormuz,” Iranian Foreign Ministry spokesperson Esmail Baghaei said during a Monday press conference. Read more: https://thehill.com/policy/international/6005526-iran-denies-trump-claim-about-negotiations/ #Iran #IranWar #Trump #WhiteHouse #Economy
Federal Reserve chairman Kevin Warsh is reportedly weighing whether the central bank should hold fewer policy meetings each year. Why it matters: Cutting the Fed's meeting schedule would be the biggest change to the process of monetary policymaking in decades, reducing the procedural burden on staff but giving policymakers fewer routine opportunities to adjust interest rates as the economy changes. Driving the news: The New York Times reported Friday that Warsh raised the idea of holding fewer meetings to discuss interest rates, citing four people familiar with the matter. - Bloomberg later reported that he floated six rate-setting meetings each year, plus two meetings focused on broader economic issues. - Any new schedule could be…
The U.S. and Japanese governments have acted together to try to prop up the value of the yen on global currency markets. The way they did it contains a clue about U.S. goals — and has some worrying implications for global markets. The big picture: Headline indicators have been steady across global financial markets this summer. Yet there are some signs of strains beneath the surface, particularly in the form of rising long-term borrowing costs at a time of elevated debt worldwide. - The U.S. participation in the yen intervention may have been an effort to enable the Japanese to smooth gyrations in their currency without creating more market pressure for Treasury bonds. - Japan has intervened in the market for the yen off and on for…
Two people in Michigan have died in connection with the multistate cyclosporiasis outbreak, Michigan health officials said Monday, marking the first known deaths linked to the foodborne illness. Why it matters: Weeks into the national crisis that's sickened thousands of people, federal authorities still don't know for certain where it's coming from or why. Driving the news: Medical records show that the individuals who died "had significant underlying health conditions that may have been impacted by cyclosporiasis and dehydration," Michigan's Health and Human Services Department said Monday. - Generally, health experts don't consider cyclosporiasis to be life-threatening. Go deeper: How Cyclospora cases compare to the biggest U.S.…