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| May 22, 2018

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TOUGH Archives -

U.S. Brushes Off Pyongyang’s Tough Talk, Proceeds With Planning for Summit

May 17, 2018 |

President Donald Trump is still planning to hold a summit meeting in Singapore with North Korean leader Kim Jong Un, U.S. officials said, brushing off sharp comments by one of Pyongyang’s senior diplomats that caught the Trump administration by surprise.
WSJ.com: What’s News Asia

Fed nominees slam Wells Fargo for consumer abuses and indicate bank’s growth cap will be tough to lift

May 16, 2018 |

Two Federal Reserve nominees on Tuesday slammed Wells Fargo & Co., for its consumer abuses and indicated that they would have to see significant improvements before voting to lift a cap on the San Francisco bank’s growth.

“Just based upon the news accounts, which of course is all I have to go on,…


L.A. Times – Business

Tough Choices Loom for Theresa May to Meet Brexit Promises

May 3, 2018 |

Prime Minister Theresa May has been able to hold a divided nation together by ducking or denying hard choices. But that strategy has run out of road, Simon Nixon writes.
WSJ.com: What’s News Europe

Report: Trump Plans to Get Tough on Russian Oligarchs

April 5, 2018 |

President Trump’s latest round of sanctions against Russia is going to hit some billionaires with close ties to Vladimir Putin, officials say. Sources tell Reuters and the Washington Post that the new sanctions, expected to be in place by Friday, will target Russian oligarchs under powers given to him by…
Newser

Theresa May Prods EU for Tough Russia Response

March 22, 2018 |

U.K. Prime Minister Theresa May is pushing European Union leaders to sharpen their response to the poisoning of a Russian former double agent, in a test of how much influence London will have over the EU’s foreign policy once it leaves the bloc.
WSJ.com: What’s News Europe

Sessions Wants to Get Tough on Background-Check Liars

March 13, 2018 |

The Justice Department’s response to the Parkland mass shooting is apparently going to involve tougher enforcement of existing laws instead of calls for new ones. On Monday, Attorney General Jeff Sessions said federal prosecutors have been told to “swiftly and aggressively” pursue people banned from owning firearms who lie on…
Newser

Some Democrats are ready to loosen tough bank regulations put in place after the financial crisis

March 6, 2018 |

Before the 2008 financial crisis, BAC Community Bank in Stockton made about 100 mortgage loans a year. Now, after new regulations mandated in the Dodd-Frank Wall Street Reform and Consumer Protection Act, the figure is down to about two dozen.

“We were never a big mortgage lender, but we did quite…


L.A. Times – Business

Warren pushes new Fed chief to be tough on lifting Wells Fargo growth cap

March 1, 2018 |

Sen. Elizabeth Warren on Thursday pushed the new head of the Federal Reserve to be tough on lifting a cap it placed on the growth of Wells Fargo & Co. last month in response to the bank’s unauthorized accounts scandal and other questionable practices.

The sanction “sent a powerful message to big…


L.A. Times – Business

Trump Announces Tough New Sanctions on N. Korea

February 23, 2018 |

The Trump administration is hitting more than 50 vessels, shipping companies, and trade businesses with sanctions in the latest bid to turn up the pressure on North Korea over its nuclear program, a senior administration official said Friday. President Trump was set to announce the action at the Conservative Political…
Newser

European Union Finds Leading Fight for Open Trade a Tough Task

December 28, 2017 |

The European Union started this year by announcing a global trade offensive to counter rising U.S. protectionism. Now the bloc faces an uphill battle to prove it can deliver, Emre Peker writes.
WSJ.com: What’s News Europe