Trump’s acting chief of federal financial watchdog orders staff to pause activity

Russell Vought is now acting head of CFPB, created in wake of 2008 financial crash to supervise financial companies Russell Vought, Donald Trump’s newly installed acting head of the US Consumer Financial Protection Bureau, announced on Saturday he had cut off the agency’s budget and reportedly instructed staff to suspend all activities including the supervision … Read more

We’re in a relationship recession – and a lot of women are absolutely fine with that | Emma Beddington

Older people don’t want to get married; youngsters aren’t dating. But maybe there’s more to life than being in a couple Sorry, Valentine’s Day is cancelled: we’re in a relationship recession. Analysis of demographic data by the Financial Times shows a dramatic decline in married or cohabiting young adults, with tanking “relationship formation” rates in … Read more

Trump says he has spoken with Putin about ending Ukraine war

Trump tells the New York Post that he has a plan to end the war but declined to go into details Donald Trump has said he held talks with the Russian president, Vladimir Putin, over a negotiated end of the three year Russia-Ukraine war, indicated that Russian negotiators want to meet with US counterparts. Trump … Read more

You may not like Trump, but his power grab for the economic levers is right. Liberals, take note! | Leah Downey

The US president has recognised something that is rarely acknowledged: monetary policy is political. The question is how to make it democratic If I asked you to list the things that make democratic politics meaningful, what would you include? Most likely elections and education. Perhaps the NHS, or the armed forces, or the justice system. … Read more