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Letter from Washington

“U.S., China Close In on Trade Deal.”  Sunday afternoon’s Wall Street Journal article led with: China and the U.S. are in the final stage of completing a trade deal, with Beijing offering to lower tariffs and other restrictions on American farm, chemical, auto and other products and Washington considering removing most, if not all, sanctions […]

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Letter from Washington

FOMC Minutes — 2 PM Wednesday Fed Monetary Policy Report — 11 AM Friday 2019 U.S. Monetary Policy Forum, New York, NY: Fed Vice Chair Clarida, 12 PM Friday, “The Federal Reserve’s Review of Monetary Policy Strategies, Tools, and Communications,” and Fed Vice Chair Quarles, 1:30 PM Friday, “The Future of the Federal Reserve’s Balance […]

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Letter from Washington The latest insider updates from our Washington contact

“U.S. Imposes Sanctions on Venezuela’s Oil Industry.”  Last night’s Wall Street Journal article led with: The U.S. imposed sanctions (Treasury’s press release) on Venezuela’s state-owned oil giant in a dramatic move designed to empower the opposition and cripple the government of President Nicolás Maduro by preventing the proceeds of U.S. crude sales returning to Caracas. […]

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Letter from Washington The latest insights from our Washington Insider

“Trump team weighs surprise tariff cut in hopes of securing China trade deal.”  Last night’s Washington Post article led with: The Trump administration is considering eliminating tariffs on billions of dollars of Chinese imports to spur progress toward a trade deal, less than two weeks before a high-level delegation from Beijing is scheduled to arrive […]

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Letter from Washington Updates from our Washington Insider

President Trump’s schedule (EST): 11:30 AM:  Meets with the House Problem Solvers Caucus; 1:00 PM:  Has lunch with Secretary of State Mike Pompeo; and 2:15 PM:  Signs S.24, the “Government Employee Fair Treatment Act of 2019,”  requiring retroactive compensation for furloughed and other unpaid federal workers. Russia sanctions resolution test vote fell 2 short of […]

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