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President Trump's nominee to become the next chair of the Federal Reserve wants to overhaul the central bank, including its more than $6 trillion balance sheet.
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In this latest round of Israel-Hezbollah fighting, Lebanese civilians have once again paid a heavy price. Even as the ceasefire in Lebanon is extended, neither combatant is showing signs of backing down.
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The Trump administration's attacks on the Federal Reserve have rattled confidence in the central bank's ability to operate independently before a leadership transition.
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The U.S.-mediated cease-fire halted an all-out war between Israel and Hezbollah, but their intensifying attacks on each other could put the truce at risk.
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Israel and Lebanon agreed to extend their ceasefire by three weeks following a meeting in the White House with top U.S. officials, President Donald Trump said.
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