Tag: wsjwashington

American Spies Confront a New, Formidable China
World

American Spies Confront a New, Formidable China

Updated Dec. 26, 2023 12:04 am ETListen to article(2 minutes)WASHINGTON—Beijing’s spycatchers all but blinded the U.S. in China a decade ago when they systematically rounded up a network of Chinese agents working for the CIA. As many as two dozen assets providing information to the U.S. were executed or imprisoned, among them high-ranking Chinese officials.The CIA is still struggling to rebuild its human espionage capabilities in China, the agency’s top intelligence target, according to interviews with current and former U.S. officials. The gaps leave the U.S. with limited understanding of secret deliberations among Chinese leader Xi Jinping and his inner circle on key security issues such as Taiwan and other topics, the officials said.Copyright ©2023 Dow Jones & Company, Inc. All Rig...
Trump’s Ballot Eligibility Adds to Voting Battles in 2024
World

Trump’s Ballot Eligibility Adds to Voting Battles in 2024

Updated Dec. 22, 2023 5:11 pm ETThe fast-moving legal drama over Donald Trump’s fitness for the presidential ballot adds to a growing pile of court battles that promises to be a central story line in the 2024 election. Even before Colorado’s top court deemed Trump an insurrectionist and therefore ineligible to hold office, other courts were considering voting cases that could affect millions of people. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Fed Official Says Central Bank Isn’t ‘Really Talking About Rate Cuts’
World

Fed Official Says Central Bank Isn’t ‘Really Talking About Rate Cuts’

Updated Dec. 15, 2023 4:53 pm ETFederal Reserve officials offered competing views Friday of when they might begin to lower interest rates next year after Chair Jerome Powell suggested they were likely done raising them.One of Powell’s senior lieutenants said Friday that central-bank officials weren’t actively debating when to cut rates at their policy meeting this week, an apparent effort to temper markets’ exuberant interpretation of the chair’s comments at a news conference Wednesday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Biden to Meet With Families of Americans Held Hostage by Hamas
World

Biden to Meet With Families of Americans Held Hostage by Hamas

WASHINGTON—President Biden plans to meet on Wednesday with the families of American hostages being held by Hamas in the Gaza Strip, his first in-person meeting with the group.There are eight Americans unaccounted for following the Oct. 7 attacks by Hamas that killed 1,200 in Israel, according to the White House. Biden plans to meet with representatives from all eight of the families. The U.S. has designated Hamas a terror organization.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Ukraine’s Zelensky Is Facing a Turning Point as He Heads to Washington
World

Ukraine’s Zelensky Is Facing a Turning Point as He Heads to Washington

Listen to article(2 minutes)Ukrainian President Volodymyr Zelensky will hold high-level meetings in Washington on Tuesday as he faces his toughest test since Russian tanks bore down on Kyiv in late February 2022.Zelensky will meet with President Biden and Congressional leaders from both parties seeking to help push through an aid package for Ukraine, which has been held up by fighting over funding for security at the U.S.’s southern border.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Binance Copped a $4 Billion Plea but Is Still Fighting the SEC
Money

Binance Copped a $4 Billion Plea but Is Still Fighting the SEC

WASHINGTON—When top Biden administration officials gathered last month at the Justice Department to announce a $4.3 billion legal resolution with Binance, one powerful regulator was absent.Attorney General Merrick Garland was there. So was Treasury Secretary Janet Yellen. But Securities and Exchange Commission Chair Gary Gensler wasn’t, even though he has his own legal beef with Binance. The SEC sued the world’s largest cryptocurrency exchange in June and has been the regulatory scourge of the crypto world.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Fed’s Interest Rate Hikes Are Probably Over, but Officials Are Reluctant to Say So
World

Fed’s Interest Rate Hikes Are Probably Over, but Officials Are Reluctant to Say So

Updated Dec. 1, 2023 1:43 pm ETFederal Reserve officials are increasingly confident that they don’t need to keep raising interest rates to defeat inflation. But they aren’t ready to declare an end to hikes—let alone to start a discussion about lowering rates.On Friday, Fed Chair Jerome Powell offered the strongest signal yet that officials are likely done raising rates by saying that their policy setting is “well into restrictive territory, meaning that tight monetary policy” is slowing economic activity. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Sandra Day O’Connor, First Woman on Supreme Court, Dies
World

Sandra Day O’Connor, First Woman on Supreme Court, Dies

Sandra Day O’Connor, the first woman appointed to the Supreme Court and its most powerful justice for much of her tenure, died Friday at age 93. O’Connor, who retired in 2006 after 25 years on the court, died in Phoenix of complications related to advanced dementia and a respiratory illness, the court said in an announcement.Justice O’Connor was an Arizona state judge in 1981 when Republican President Ronald Reagan, fulfilling a campaign pledge to break the male monopoly on the high court, selected her to succeed retired Justice Potter Stewart. She ushered in a wave of women marking “firsts” in the early 1980s, along with America’s first woman astronaut, Sally Ride, and first woman on a major-party presidential ticket, Geraldine Ferraro.Copyright ©2023 Dow Jones & Company, Inc. All Ri...
Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History
World

Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History

Updated Nov. 22, 2023 4:18 pm ETThe king of crypto’s largest outlaw empire told employees for years that he would never turn himself in. But on Tuesday, a jittery Changpeng Zhao showed up in a Seattle federal court to plead guilty to violating U.S. money-laundering rules.“I’ve not caused problems before, I’ve never been a criminal. And I’ve never been into a courthouse before. So this is new to me,” Zhao told a judge.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8