Mnuchin Says Coronavirus Will Have Only a Short-Term Impact on US Economy
Treasury Secretary Steven Mnuchin told lawmakers Wednesday that he believed the novel coronavirus would have a limited impact on the economy and praised the Federal Reserve’s emergency interest rate cut. “This is an issue that’s going to affect the next year,” he told the House Appropriations Subcommittee on Financial Services and General Government on March 4, reported The Wall Street Journal. “It’s not a longer-term impact.” Mnuchin also hailed the Fed’s surprise move to slash rates by 50 basis points Tuesday in response to what Fed Chairman Jerome Powell said was a “material change” in the economic outlook caused by the coronavirus fallout. Powell said at a press conference Tuesday that “the spread of the coronavirus has brought new challenges and risks,” adding that “the outbreak has also disrupted economic activity…
An Amber Alert has been issued for a 14鈭抷ear鈭抩ld boy who Toronto police say was abducted in the northwestern part of the city.
Police said in a tweet on the night of March 4 that they are “extremely concerned” for the safety of Shammah Jolayemi.
The teen was last seen March 4 at 8:25 a.m. in the area of Jane Street and Driftwood Avenue, they said.
Const. Michelle Flannery, a spokesperson for Toronto police, said investigators do not know who abducted Shammah.
Investigators said a black Jeep Wrangler with oversize front tires and a front push bar with round fog lights was seen in the area where the boy was believed to be abducted.
No licence plate is available.
Police said they also want to speak to the boy鈥檚 step鈭抌rother, Olalekan Osikoya.
Shammah is described as about six feet tall, with a slim build and was wearing a grey hoody, grey track pants with a thin orange stripe, shiny black puffy coat, and black and yellow Air Jordan shoes.
This article is from the Internet:Amber Alert Issued for 14-Year-Old Boy in Toronto
Trump Won’t Extend FISA Spy Powers Without Reforms, Sen. Paul Says
President Donald Trump wants to see reforms to the Foreign Intelligence Surveillance Act (FISA) surveillance process before he endorses extending spying powers that are slated to expire in less than two weeks, according to one of the senators who met with Trump on the topic. Trump “made it exceedingly clear” that he won’t accept a straight reauthorization, said Sen. Rand Paul, (R-Ky.), who has led efforts to curtail the federal government’s ability to spy on Americans. “The president said he’s not signing without something happening,” Paul told reporters after the nearly 90-minute meeting with top lawmakers. “He pushed back very vigorously and said, ‘We’re not doing this.’” Another person familiar with the meeting confirmed the account; the person was unauthorized to discuss the meeting and requested anonymity. Concerns over FISA have…
