Donald Trump

US Fed chair Jerome Powell (File photo by AP) The US Federal Reserve’s Federal Open Market Committee (FOMC), led by Fed Chair Jerome Powell on Wednesday cut the key rate by 25 basis points. The rate now stands between 3.5 percent and 3.75 percent, the lowest level in nearly three years. "In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the...

Can former US President Donald Trump, who is in the reckoning to be the Republican candidate for next year's White House race, be elected as the Speaker of the House of Representatives?What are the legal provisions and what tradition says about Trump being eligible to contest the Speaker election? The US Constitution does not explicitly mandate that the position must be filled by an elected House...