All posts tagged: governor

UK interest rate cuts ‘in play’, says Bank of England governor | Bank of England

UK interest rate cuts ‘in play’, says Bank of England governor | Bank of England

The governor of the Bank of England has said interest rate cuts will be “in play” at forthcoming policy meetings amid progress in sharply reducing the UK’s headline rate of inflation over the past year. In a signal that Threadneedle Street is preparing the ground for a cut in borrowing costs within months, Andrew Bailey told the Financial Times: “All our meetings are in play. We take a fresh decision every time.” The central bank kept interest rates on hold at 5.25% on Thursday for a fifth consecutive time. However, its rate-setting monetary policy committee said there were “encouraging signs” of falling inflation that could open the door for interest rate cuts in future. The Bank of England governor, Andrew Bailey: ‘The fact that we have a curve that has cuts in it for the year as a whole is not unreasonable to me.’ Photograph: WPA/Getty Images Official figures show retail sales in Great Britain beat analysts’ expectations of a decline in February, with zero growth in spending on the high street and online after …

What Really Makes People Feel Safe on the Subway

What Really Makes People Feel Safe on the Subway

New York Governor Kathy Hochul unfurled a subway “safety” plan last week. It included assigning 750 National Guard and 250 state police and Metropolitan Transit Authority officers to the subway—in addition to the 1,000 NYPD officers the mayor added in February—to check riders’ bags. The governor insisted that her plan is designed to protect New Yorkers and keep them riding the trains. “My No. 1 priority is the safety of all New Yorkers,” she said. “Downstate,” she said, “does not function without a healthy subway system that people have confidence in—I have to do this for them.” As a lifelong subway rider here in “downstate,” I can tell from her plan that the governor has only a limited understanding of what we need in the way of “a healthy subway system.” I immigrated to the city in 1994 at age 7, and have been taking the subway—largely on my own from the very beginning—in the three decades since. I rode through the late 1990s, when the transit system saw an all-time high in recorded crimes; …

Trump’s Pick for Governor of North Carolina Thinks Affordable Health Care Is an Attempt to “Enslave” People

Trump’s Pick for Governor of North Carolina Thinks Affordable Health Care Is an Attempt to “Enslave” People

What does Mark Robinson, the Donald Trump–endorsed GOP nominee for governor of North Carolina, think of the federal law that significantly increased health care coverage for Americans, protected those with preexisting conditions, and literally saved people’s lives? That it’s tantamount to one of the worst things that you can do to a human being short of murdering them, of course. Yes, in a turn of events that should surprise exactly no one, the man who wants America to go back to a time when women couldn’t vote once said he believes that the Affordable Care Act—which has changed countless lives for the better—is on par with slavery. The Daily Beast reports that during a 2018 appearance on the YouTube show “Politics and Prophecy,” Robinson declared, of the ACA: “It is not just Black people. It is a concentrated effort to, to, uh, to enslave everybody.” Robinson’s beef with the law, signed in 2010 by Barack Obama, was that it allowed—but notably did not require—children to stay on their parents’ health insurance until 26 years of …

Expect Trump to pop off as trials pick up: “No governor between his addled brain and big mouth”

Expect Trump to pop off as trials pick up: “No governor between his addled brain and big mouth”

Donald Trump is not the same man he was eight years ago. Moreover, he is not the same man he was even three years ago in terms of his apparent mental, emotional, and cognitive health. The ex-president and now de facto 2024 Republican presidential candidate is under enormous pressure. He is facing hundreds of years in prison for his political crime spree. He has been ordered to pay almost 500 million dollars in civil penalties and fines. His desire to be America’s first dictator is as much a function of his megalomania and obsession with obtaining revenge against his “enemies” as it is an existential need, literally, to get ultimate power so that he can avoid being put in prison for the rest of his natural life. In all, such pressure would bend if not outright break the average person’s emotional, mental, and physical health. Trump is 77 years old. Beyond the normal impact of aging on one’s mind and body, at his recent rallies and other events, Trump has been manifesting what appear to …

Surprise: Trump’s Pick for North Carolina Governor, Wants to “Go Back to the America Where Women Couldn’t Vote”

Surprise: Trump’s Pick for North Carolina Governor, Wants to “Go Back to the America Where Women Couldn’t Vote”

After winning the GOP primary on Tuesday, North Carolina lieutenant governor Mark Robinson now has a very real chance of being elected governor of the state next November. What should voters know about Robinson before then? Well, for starters, that he’d like to go back to a time in American history when half of the population didn’t have the constitutional right to cast a ballot. Yes, as HuffPost reports, a recently unearthed video from 2020 shows Robinson publicly declaring, “I absolutely want to go back to the America where women couldn’t vote.” X content This content can also be viewed on the site it originates from. While this is obviously shocking, it’s merely a drop in the bucket of the completely wild comments Robinson has made over the years. (Neither Robinson’s campaign nor his government office responded to HuffPost’s requests for comment.) As my colleague Abigail Tracy reported last July, the amount of disturbing remarks that have come out of Robinson’s mouth—on everything from women to LGBTQ+ people to Jews to feminism—could fill entire volumes. A …

Nikki Haley never had a chance — as Republicans’ bonkers candidate for North Carolina governor shows

Nikki Haley never had a chance — as Republicans’ bonkers candidate for North Carolina governor shows

Wednesday morning, former South Carolina Gov. Nikki Haley did everyone a solid by being brief in her remarks as she dropped out of the Republican presidential primary race. She declined to endorse Donald Trump, who beat her handily once again on Super Tuesday, but did suggest that Trump could “earn the votes of those in our party and beyond it who did not support him.” The conciliatory tone was no surprise. A common gripe against Haley is that she started criticizing Trump directly far too late in the race. For most of 2023, Haley avoided calling Trump out for his deranged behavior, only making half-hearted assertions that she was a steadier hand. After he gave a speech where he, at length, confused Haley for former Speaker of the House Nancy Pelosi, D-Calif., she finally uncorked a little. She started offering more full-throated denunciations of the “chaos” Trump brings. Implicit was an electability argument: Her more reasonable-appearing demeanor meant she had a much better chance at defeating President Joe Biden in November. Many a pundit argued this …

Philippine central bank governor rules out easing rates ‘soon’

Philippine central bank governor rules out easing rates ‘soon’

MANILA : The Philippines’ central bank governor on Wednesday ruled out rate cuts anytime soon due to upside inflation risks and signalled that borrowing costs will remain higher for longer. Bangko Sentral ng Pilipinas governor Eli Remolona said the central bank wants to be certain inflation will settle comfortably within its 2 per cent-4 per cent target range. He said last month’s data showed “it’s still too soon to declare victory” over inflation. Annual inflation in February picked up for the first time in five months to 3.4 per cent on higher food and transport costs. “It’s on the edge, so I can’t say that we’re going to ease soon. I think it’s unlikely that we will tighten some more. But we’ll see what the data says,” Remolona told a press briefing. The central bank chief said rice inflation, which rose to its highest in 15 years last month, was having an “outsized effect” on consumer price expectations. The BSP has kept interest rates at 6.50 per cent for three straight meetings since late last …

Gov. Carney Reflects on Time as Delaware Governor During His Final State of the State Address

Gov. Carney Reflects on Time as Delaware Governor During His Final State of the State Address

WILMINGTON, Del. (AP) — Democrat John Carney touted job growth and increased school funding as being among the highlights of his two terms as Delaware’s governor in his final State of the State address Tuesday. Carney, who took office in 2017 and is barred from seeking a third term because of term limits, also noted record infrastructure plans in each of the past three years, and his focus on ensuring that budget growth is sustainable. “We’ve kept our fiscal house in order,” he said in a speech to the General Assembly in Dover. “We turned a $400 million dollar budget deficit in 2017 to $400 million in reserves. That’s a big deal.” Affordable housing programs, green energy initiatives and gun control also made Carney’s list of achievements. “In this last year, I’m focused on leaving the state in a better place than I found it,” said Carney, who is eyeing a bid to become mayor of Wilmington. “I can confidently say that the state of our state is strong. And getting stronger by the day,” …

Pennsylvania governor unveils election security task force to mitigate threats to the 2024 vote

Pennsylvania governor unveils election security task force to mitigate threats to the 2024 vote

Democratic Gov. Josh Shapiro of Pennsylvania will announce a new election security task force Thursday that will put in place a cascade of measures across federal, state and local agencies that officials hope will keep the 2024 vote in the battleground state free from interference, misinformation and other major obstacles. The Election Threats Task Force, first reported by NBC News, will be led by Secretary of the Commonwealth Al Schmidt and will involve officials from at least 10 government agencies, from election administration and law enforcement to homeland security to emergency management. “We take our responsibility as stewards of our democracy seriously and the Election Threats Task Force will ensure all levels of government are working together to combat misinformation, safeguard the rights of every citizen, and ensure this election is safe, secure, free, and fair,” Shapiro said in a statement to NBC News. The task force’s primary goal will be to coordinate plans and share information and intelligence among a wide variety of offices whose jurisdictions include elements of election safety that can tend …