Latest John Kennedy News

Facebook's currency plan gets hostile reception in Congress

Jul. 16, 2019 6:12 PM EDT

WASHINGTON (AP) — Under sharp criticism from senators, a Facebook executive on Tuesday defended the social network's ambitious plan to create a digital currency and pledged to work with regulators to achieve a system that protects the privacy of users' data. "We know we need to take the time to get this...

The Latest: Powell says tariffs, immigration slow housing

Jul. 11, 2019 11:55 AM EDT

WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell's presentation of the Fed's semi-annual monetary report to the Senate Banking Committee. (all times local): 11:40 a.m. Federal Reserve Chairman Jerome Powell says homebuilders are having a harder time building lower-cost housing because...

US, Mexico officials to begin talks over tariffs, border

Jun. 3, 2019 8:01 PM EDT

WASHINGTON (AP) — Mexico launched a counteroffensive Monday against the threat of U.S. tariffs, warning not only that it would hurt the economies of both countries but also could cause a quarter-million more Central Americans to migrate north. A high-level delegation from the Mexican government held a news...

White House: Trump 'deadly serious' about Mexico tariffs

Jun. 2, 2019 3:12 PM EDT

WASHINGTON (AP) — A top White House official said Sunday that President Donald Trump is "deadly serious" about imposing tariffs on imports from Mexico, but acknowledged there are no concrete benchmarks being set to assess whether the U.S. ally is stemming the migrant flow enough to satisfy the...