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Former fed chair warns retailers will suffer as shutdown spooks consumers

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As the government shutdown entered its fourth week Monday, there were troubling economic repercussions, from the 800,000 federal workers who aren’t being paid to farmers who rely on federal subsidies.

Janet Yellen, former chair of the Federal Reserve, said Monday that she feared the shutdown could “impact consumer psychology and consumer sentiment,” reports Business Insider.

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“Almost all economists are forecasting a slowdown in 2019,” she said.

Lawmakers urged the president to temporarily reopen the government, but so far the president has shown no indication he’s willing to compromise.


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Democrat ‘appalled’ by classified Senate briefing on coronavirus: ‘Should have been fully open to American people’

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Sen. Richard Blumenthal (D-CT) blasted the Trump administration for withholding information about coronavirus preparations from the public.

The administration gave senators a classified briefing Tuesday morning on the virus, which Senate Minority Leader Chuck Schumer (D-NY) warned Monday could turn into a potential pandemic unless President Donald Trump and his team took swift action.

"The Trump administration has been asleep at the wheel," Schumer said. "President Trump, good morning, there is a pandemic of coronavirus. Where are you?"

After the briefing, Blumenthal sounded like he hadn't been reassured by the administration -- and called for more transparency.

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Inside Trump’s purge of his enemies

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It’s one thing—especially if you’re a bruising president like Donald Trump, or Richard Nixon—that you’re bound to develop enemies easily with your sharp insults and political elbowing.

In fact, we had been expecting the boomerang of post-impeachment political vengeance. That’s why it was totally predictable that Trump, like Nixon, would create an enemies list.

But now, Trump seems to be raising the ante: He’s embarked on a specific campaign to denude the federal government of anyone who is disloyal or who might be disloyal.

According to The Washington Post, Johnny McEntee, Trump’s former personal aide and director of presidential personnel (another appointment with no experience), has begun combing through various federal agencies to oust or sideline political appointees who have not proved their loyalty. To Trump.

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Hours after Trump claims coronavirus vaccine ‘very close’ US officials say it’s at least a year away

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U.S. officials on Tuesday said that a vaccine for the coronavirus is at least a year away after President Donald Trump said it would be ready soon.

At a event in New Delhi, Trump said that he had asked Congress for $2.5 billion to fight the coronavirus and to find a vaccine.

“Now they have studied it, they know very much. In fact, we are very close to a vaccine,” he said.

Trump also predicted that the virus is "a problem that’s going to go away."

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