Trump administration

Fed's Fischer resigns, leaving Trump earlier chance to shape central bank

U.S. Federal Reserve Vice Chair Stanley Fischer, a veteran central banker who helped set the course for modern monetary policy, said on Sept. 6 he will step down from his position in mid-October, potentially accelerating President Donald Trump's opportunity to reshape the direction of the central bank.

The awkward, necessary U.S. – Turkey relationship

Secretary of Defense James Mattis has a difficult task ahead. In a visit to Turkey Wednesday, he will step into the thicket of competing interests that characterizes one of America’s most important military partnerships. At the center of the difficulty is American efforts in Syria, which rely fundamentally on a collection of local forces among whom are actors Turkey considers terrorists.

Turkey is engaging in hostage diplomacy with the US, officials say

Turkey is engaging in “hostage diplomacy” by holding several US and German citizens on seemingly trumped-up terrorism charges as bargaining chips in order to force the US and Germany to extradite Turkish nationals, according to current and former security officials in Europe and the US.

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