WASHINGTON (Reuters) - Leaders of big tech companies will be asked to testify as part of an investigation into whether the companies misuse their massive market power, the head of the U.S. House Judiciary subcommittee leading the probe said on Tuesday. FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo from Reuters files. REUTERS The comments came a day after sources said the U.S. executive branch is gearing up for a similar probe of Amazon.com Inc, Apple Inc, Facebook Inc and Alphabet Inc’s Google, setting up what could be an unprecedented, wide-ranging investigation of some of the world’s largest companies. The House of Representatives Judiciary Committee opened its own investigation into competition in digital markets on Monday, with both Republicans and Democrats expressing concern about the power exercised by several of the world’s most valuable companies. Representative David Cicilline said, “It will be … [Read more...] about Top tech executives will be asked to testify in U.S. probe
The global implications of US executive powerAfter decades of global integration, misguided US policy decisions, legitimized in the name of ‘national security,’ may soon escalate tensions in Asia Pacific and could derail economic prospects in the US, Asia and worldwide. The history of these doctrines goes back to the darkest 1930s. THE first administration to make explicit reference to the “unitary executive” was the Reagan administration. Typically, the practice has evolved since the 1970s, when President Nixon decoupled the US dollar from the Bretton Woods gold standard and trade deficits began to rise. The terrorist attacks of 9/11 allowed the George W. Bush administration to make the unitary executive theory a common feature of signing statements, particularly in the execution of national-security decisions, which divided the Capitol Hill and were opposed by most Americans. In the case of Trump, the need for inflated unitary executive power arose with the … [Read more...] about The global implications of US executive power
WASHINGTON — Now that President Donald Trump has asserted executive privilege to withhold Special Counsel Robert Mueller's report and related documents from Congress, it's reasonable to ask just what that means. Generally speaking, executive privilege is a loosely defined power that allows the president and other executive branch officials to keep information — particularly regarding decision-making deliberations and national security matters — from Congress and the courts. The Supreme Court has previously ruled that the assertion of privilege creates a "presumption" of authority for the president to block Congress from gaining access to materials, meaning essentially that lawmakers would have to sue the administration to try to force their release. But that power is not absolute. The House Judiciary Committee was prepared to recommend Wednesday that the full House find Attorney General William Barr in contempt — the step preceding a lawsuit. Democrats on the … [Read more...] about Trump has invoked executive privilege. What does that mean?
Sections SEARCH Skip to content Skip to site index Economy Subscribe Log In Log In Today’s Paper Economy | Trump Says He Wants Herman Cain, Former Pizza Executive, for Fed Board Advertisement Supported by ByAlan Rappeport, Neil Irwin and Maggie Haberman April 4, 2019 WASHINGTON — President Trump said on Thursday that he planned to nominate Herman Cain, who abandoned his 2012 presidential bid in the face of escalating accusations of sexual misconduct, for a seat on the Federal Reserve Board. Mr. Trump, speaking from the Oval Office, called Mr. Cain, the former chief executive of Godfather’s Pizza, “a truly outstanding individual” and said, “I’ve told my folks that’s the man.” The decision to consider Mr. Cain is the second time in weeks that the president has floated candidates with deeply held political views and past ethical issues to fill a seat on the … [Read more...] about Trump Says He Wants Herman Cain, Former Pizza Executive, for Fed Board
Lisa Mascaro, Ap Congressional Correspondent Updated 6:33 pm PST, Friday, January 11, 2019 President Donald Trump, with Carolyn "Bunny" Welsh, sheriff of Chester County, Pa., left, and AJ Louderback, sheriff of Jackson County, Texas, attends a roundtable discussion on border security with local leaders, Friday Jan. 11, 2019, in the Cabinet Room of the White House in Washington. less President Donald Trump, with Carolyn "Bunny" Welsh, sheriff of Chester County, Pa., left, and AJ Louderback, sheriff of Jackson County, Texas, attends a roundtable discussion on border security with local ... more Photo: Jacquelyn Martin, AP Photo: Jacquelyn Martin, AP Image 1 of / 1 Caption Close Image 1 of 1 President Donald Trump, with Carolyn "Bunny" Welsh, sheriff of Chester County, Pa., left, … [Read more...] about GOP rejected Obama’s executive reach, but accepts Trump’s