Richard Clarida's remarks are likely the last before the quiet period ahead of the FOMC meeting at the end of the month.
The remarks contradicted those of acting White House chief of staff Mick Mulvaney who first said there was a quid pro quo during a press briefing before he tried to walk back the statement.
China has urged the United States to scrap all tariffs slapped in the context of the US-China trade war so that the two countries can proceed to a final agreement on trade.
Turkey has agreed to suspend its Syria offensive for five days and will end the assault if Kurdish-led forces withdraw from a safe zone along the border, US Vice President Mike Pence and Turkish officials announced Thursday after high-stakes talks.The agreement for the 120-hour pause eased what had escalated into an unprecedented crisis between the United States and Turkey, but critics quickly accused President Donald Trump of again abandoning Kurdish allies.
Mulvaney indicates there was a quid pro quo for military aid to the former Soviet republic, which has been fighting Russia-backed separatists.
The ceasefire includes plans for establishing a safe zone along the Syria-Turkey border.
The U.S. EU ambassador attempted to distance himself from the burgeoning scandal, saying it would be "wrong" to involve a foreign government in U.S. politics.
Galaxy Space, a Chinese private satellite developer, secured a new round in funding as it continues to develop communication satellites that will rival those of SpaceX.
The move should help the Mac maker save on import duties while meeting local sourcing requirements.
Huawei continues to post strong sales despite pressure from the United States.
House Intelligence Committee Chairman Adam Schiff says the impeachment investigation is making "dramatic progress."
After suffering a mild heart attack, Senator Bernie Sanders sought to assuage concerns about his health during the fourth Democratic presidential debate of the 2020 cycle
U.S. retail sales dropped last month, the first time since February.
The House delivered a bipartisan condemnation of Trump's decision to pull U.S. troops out of Syria, opening the way for Turkey to attack the Kurds.
Iran denied any attack took place, saying it has the cyberdefenses to fight off any incursion.
Sen. Kamala Harris called on Twitter to suspend President Trump's account. The social media platform responded by explaining why it won't.
Sixty-six percent of registered voters said that Elizabeth Warren's age would not be an issue for a potential presidency, while 53 percent said the same about Donald Trump.
Opinions will vary widely as to if President Donald Trump’s decision to withdraw U.S. forces from Syria is an “abandonment” of Kurdish fighters in Syria or is a move to “set things straight” with the Turks. The situation has South Koreans worried that Trump might make a similar move in their country, where nearly 30,000 U.S. troops are stationed, leaving them vulnerable to attacks from North Korea.
Elizabeth Warren has announced she will not take donations of over $200 from big tech and the banking industry, as she wants her campaign to be funded by working people.
Sen. Lindsey Graham is continuing to raise money from donors off his ties to President Trump.
Kurdish fighters battled to defend a key Syrian border town from Turkish-backed forces in a flare-up of violence Tuesday as US President Donald Trump sent his vice president and top diplomat to Ankara to demand a ceasefire.Russia, already the key foreign power in Syria, stepped into the void caused by Trump's withdrawal of US troops by deploying patrols to prevent clashes between Syrian and Turkish forces.
With 12 Democratic presidential hopefuls participating, the debate at 8 p.m. EDT is being billed as the largest presidential debate ever.