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India

Howard Schneider

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

14 Dec 2017

Fed raises interest rates, keeps 2018 policy outlook unchanged

WASHINGTON The Federal Reserve raised interest rates on Wednesday but left its rate outlook for the coming years unchanged even as policymakers projected a short-term jump in U.S. economic growth from the Trump administration's proposed tax cuts. | Video

11 Dec 2017

Powell faces early test of policy view as tax cuts near approval

WASHINGTON Incoming Federal Reserve chair Jerome Powell, chosen by U.S. President Donald Trump to keep the recovery humming, appears set to let an expected trillion=dollar tax cut run its course through the economy as weak wage growth and inflation buttress his view that the economy remains underpowered.

07 Dec 2017

Insight: Cuts to homeowner tax breaks could cost Republicans in 2018 races

SACRAMENTO, Calif. Laura Russo is just the kind of voter the Republicans need, but the party's proposed tax overhaul, which includes limits on the deductions for mortgage interest, state taxes and property taxes, is pushing her away.

02 Dec 2017

Fed officials fret over yield curve, warn on pace of hikes

LITTLE ROCK, Ark./MCALLEN, Texas Two Federal Reserve policymakers urged caution in raising interest rates on Friday, saying that the flattening of the yield curve was a signal that the central bank should proceed slowly.

30 Nov 2017

Tax trigger idea for Senate tax bill swiftly draws critics

WASHINGTON A proposal to amend a tax bill in the U.S. Senate with a trigger to automatically reverse tax cuts if new revenues fall short of forecasts could further pressure businesses and the economy if the economy slows, critics said on Wednesday.

30 Nov 2017

Tax trigger idea for U.S. Senate tax bill swiftly draws critics

WASHINGTON, Nov 29 A proposal to amend a tax bill in the U.S. Senate with a trigger to automatically reverse tax cuts if new revenues fall short of forecasts could further pressure businesses and the economy if the economy slows, critics said on Wednesday.

29 Nov 2017

Fed chair nominee Powell defends push to review financial regulations

WASHINGTON Jerome Powell, President Donald Trump's choice to lead the U.S. Federal Reserve, defended plans to potentially lighten regulation of the financial sector during a controversy-free hearing on his nomination to take over the central bank. | Video

28 Nov 2017

Fed chair nominee Powell sees no too-big-to-fail banks

WASHINGTON, Nov 28 Improvements in U.S. bank regulation and supervision since the 2007-2009 financial crisis have eliminated the problem of "too-big-to-fail" banks, Federal Reserve chair nominee Jerome Powell told the Senate Banking Committee on Tuesday.

28 Nov 2017

Fed chair nominee Powell pledges to "respond decisively' to economic threats

WASHINGTON, Nov 28 The U.S. Federal Reserve should "respond decisively" to any new economic crisis, Fed chair nominee Jerome Powell told the Senate Banking Committee on Tuesday, positioning himself as an heir to the central bank policies of current chair Janet Yellen and her predecessor Ben Bernanke.

28 Nov 2017

Fed nominee Powell, once hawkish, now champions Yellen's focus on jobs

WASHINGTON/SAN FRANCISCO As a nominee to lead the Fed, veteran governor Jerome Powell sides with the outgoing chair Janet Yellen in arguing that the Fed's easy money policy has paid off by bringing millions back to work without any clear sign it has thrown markets off kilter.

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