Trump tells business leaders he wants to cut regulations by 75% or ‘maybe more’

President Donald Trump (C) leads a meeting with invited business leaders and members of his staff in the Roosevelt Room at the White House January 23, 2017 in Washington, DC. Business leaders included Elon Musk of SpaceX, Wendell Weeks of Corning, Mark Sutton of International Paper, Andrew Liveris of Dow Chemical, Alex Gorsky of Johnston & Johnson and others.

Trump meets with CEOs and pledges to cut taxes ‘massively’  

President Donald Trump told business leaders on Monday he believes he can cut regulations by 75 percent or “maybe more.”

At the White House with 10 senior executives, he repeated his campaign pledges to roll back corporate rules, arguing that they have “gotten out of control.” A White House spokesman did not immediately respond to a request to elaborate on which rules Trump will target or how the 75 percent was calculated.

“We’re going to be cutting regulation massively,” but the rules will be “just as protective of the people,” Trump told reporters at the meeting that included Tesla Motors CEO Elon Musk and Under Armour CEO Kevin Plank.

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North Dakota tribe formally calls on pipeline protesters to disperse

A Sioux tribal council on Saturday formally asked hundreds of protesters to clear out of three camps near its North Dakota reservation used to stage months of sometimes violent protests against the proposed Dakota Access Pipeline.

The Standing Rock Sioux Tribe on Friday unanimously passed a resolution calling for the camps to be dismantled, it said on its Facebook page on Saturday. The tribe has been encouraging protesters to go home since the U.S. Army Corps of Engineers agreed to an environmental review of the $3.8 billion project in December.

Despite earlier discussions about alternative sites, the resolution made no provision for relocating the estimated 600 protesters, which include non-native environmental activists and Native Americans from outside the tribe.

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Ex-WSJ Reporter Finds George Soros Has Ties To More Than 50 “Partners” Of The Women’s March

Former WSJ reporter Asra Nomani asks in the NYT’s “Women In the World” section what is the link between one of Hillary Clinton’s largest donors and the Women’s March? Her answer: “as it turns out, it’s quite significant.

Here is what else she discovered.

Billionaire George Soros has ties to more than 50 ‘partners’ of the Women’s March on Washington

In the pre-dawn darkness of today’s presidential inauguration day, I faced a choice, as a lifelong liberal feminist who voted for Donald Trump for president: lace up my pink Nike sneakers to step forward and take the DC Metro into the nation’s capital for the inauguration of America’s new president, or wait and go tomorrow to the after-party, dubbed the “Women’s March on Washington”?

 The Guardian has touted the “Women’s March on Washington” as a “spontaneous” action for women’s rights. Another liberal media outlet, Vox, talks about the “huge, spontaneous groundswell” behind the march. On its website, organizers of the march are promoting their work as “a grassroots effort” with “independent” organizers. Even my local yoga studio, Beloved Yoga, is renting a bus and offering seats for $35. The march’s manifesto says magnificently, “The Rise of the Woman = The Rise of the Nation.”

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Janet Yellen trumps Trump: US dollar rises on Federal Reserve chair’s rate comments

Federal Reserve chair Janet Yellen has boosted the US dollar with hints of multiple interest rate rises, just days after President-elect Donald Trump talked the greenback down.

The US dollar had lost considerable ground earlier in the week, after Mr Trump said it was too high and making US manufacturers uncompetitive with Chinese firms.

However, the greenback rebounded this morning after Fed boss Janet Yellen pointed out that rates were likely to rise “a few times a year” for the next couple of years.

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For 8 years the Fed has engaged in some of the most profligate monetary policy in history. The Fed has expanded its balance sheet by $4 trillion, employed ZIRP for seven years, and openly talked down the $USD anytime it broke above 98.

Then, suddenly, after the November 8th Presidential election, the $USD spiked to above 100 and the Fed didn’t say a word.


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Student Debt Payback Far Worse Than Believed

Many more students have defaulted on or failed to pay back their college loans than the U.S. government previously believed.

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Ever since 2012 we have warned [ZeroHedge] that one of the biggest threats arising from the US student loan bubble – which is no longer disputed by anyone except perhaps members of the outgoing administration – is not that it is soaring at an unprecedented pace, that’s obvious for anyone with the latest loan total number over $1.4 trillion, rising at a pace of nearly $100 billion per year, but that the government – either on purpose or due to honest miscalculation – was not correctly accounting for the true extent of delinquencies and defaults. Today, we finally got confirmation that, as speculated, the US government was indeed fabricating student loan default data, making it appear far lower than it was in reality.

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‘Best Job in America’ Is Mobile App Developer

If you haven’t heard, it’s good to be a mobile app developer these days.

Those in the tech biz are accustomed to seeing mobile devs leading industry salary rankings in various studies. A persistent lack of skilled pros and growing mobility initiatives in both the enterprise and consumer spaces have combined to drive mobile developer salaries sky high.

But a new report from mainstream publication CNNMoney — taking into account quality-of-life considerations in addition to salaries — places mobile app developers at the top of alljobs.

That means mobile coders, earning median pay of $97,100, are ranked above anesthesiologists, with median salaries of $335,000.

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Chinese billionaire Jack Ma says the US wasted trillions on warfare instead of investing in infrastructure

Jack Ma, Chairman of Alibaba Group at the World Economic Forum in Davos, Switzerland.

Alibaba founder Jack Ma fired a shot at the United States in an interview at the World Economic Forum in Davos, Switzerland.

Ma was asked by CNBC’s Andrew Ross Sorkin about the U.S. economy in relation to China, since President-elect Donald Trump has been talking about imposing new tariffs on Chinese imports.

Ma says blaming China for any economic issues in the U.S. is misguided. If America is looking to blame anyone, Ma said, it should blame itself.

“It’s not that other countries steal jobs from you guys,” Ma said. “It’s your strategy. Distribute the money and things in a proper way.”

He said the U.S. has wasted over $14 trillion in fighting wars over the past 30 years rather than investing in infrastructure at home.

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Horowitz to Lou Dobbs: Trump Will Undo 200 Obama Executive Orders

President-elect Donald Trump will “come out smoking” as soon as he takes over the Oval Office, bestselling author David Horowitz told Lou Dobbs on Fox Business News Wednesday night.

“He’s going to undo the 200 executive orders,” Horowitz said. “He’s going to take care of the borders, unravel Obamacare.”

Horowitz’s new book “The Big Agenda: President Trump’s Plan to Save America,” released just this week, reveals Trump’s “first 100 days strategy” to roll back Obama’s legislative and executive record.

GM announces $1B investment affecting 1,500 jobs

DETROIT — General Motors (GM) on Tuesday morning announced a $1 billion investment in its factories that will create or keep around 1,500 jobs.

The story was first reported by The Associated Press, citing a person briefed on the matter. The investment is part of the normal process of equipping factories to build new models, and it’s been planned for months, the person told the AP. The person didn’t want to be identified because the announcement hasn’t been made yet.

Multiple factories will get part of the money, but GM doesn’t plan to state where the new jobs will go, according to the person. The company plans to use the announcement to tout both blue-collar and white-collar U.S. jobs it has created in recent years, the person said.

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Clinton Foundation laying off 22 Clinton Global Initiative staffers

The layoffs will take effect April 15, the Clinton Foundation said in a filing with the New York Department of Labor Thursday, citing the discontinuation of the Clinton Global Initiative. The move is part of a plan put in motion ahead of the presidential election in order to offset a storm of criticism regarding pay-to-play allegations during Clinton’s tenure as secretary of state.

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