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Democratic lawmakers’ aides are discussing how to divide up the investigative work among committees and prevent overlap on requesting documents, aides said. Since U.S. voters on Nov. 6 shifted majority control of the House from the Republicans to the Democrats, the party has been promising to probe the first two years of Trump’s administration and possible conflicts of interest presented by his hotel, golf course and other ventures, as well as Trump family members. White House officials did not respond to a request for comment. The White House in the past has referred questions about Trump businesses to the Trump Organization.
Officials at the Trump Organization could not immediately be reached for comment, A Deutsche Bank spokesman said: “Deutsche Bank takes its legal obligations seriously and remains committed to cooperating with authorized investigations, Our recent record of cooperating with such investigations has been widely recognized by regulators, We intend to keep working in this spirit.”, The Financial Services Committee, chaired mens wedding cufflinks by Democrat Maxine Waters, has the broadest power to look into Trump’s relationship with Deutsche..
When the Republicans still controlled the House, Waters tried in 2017 to request documents from the bank on its dealings with Trump and his businesses, as well as information about potential Russian money laundering through the bank. But the bank told Congress that privacy laws prevented it from handing over such information without a formal subpoena. Committee Republicans ignored Waters’ request. As chairwoman, Waters can now issue subpoenas herself. In recent weeks, Waters has been publicly quiet about her plans. In a speech on Monday on committee priorities, she made no mention of the bank. A Waters spokesman declined to comment.
Democratic aides mens wedding cufflinks outside the committee said Waters plans to move quietly on the Deutsche inquiry, She cannot begin formally issuing subpoenas until after the committee holds its first business meeting, expected by the end of January, Deutsche has extended millions of dollars in credit to the Trump Organization, making the bank one of few willing to lend extensively to Trump in the past decade, A 2017 financial disclosure form showed liabilities for Trump of at least $130 million to Deutsche Bank Trust Company Americas, a unit of German-based Deutsche Bank AG..
LONDON (Reuters) - U.S. oil production growth combined with a slowing global economy will put oil prices under downward pressure in 2019, challenging OPEC’s resolve to support the market with output cuts, the International Energy Agency said on Friday. The IEA, which coordinates the energy policies of industrial nations, said it was keeping its estimate of oil demand growth for this year unchanged at 1.4 million barrels per day, close to 2018 levels. “The impact of higher oil prices in 2018 is fading, which will help offset lower economic growth,” the Paris-based IEA said in its monthly report.
Oil LCOc1 rallied above $85 per barrel in the second half of 2018 on concern about lower supplies from Iran due to new U.S, sanctions, But crude fell towards $50 at mens wedding cufflinks the end of 2018 due to an economic slowdown and rising U.S, supply, prompting producer group OPEC to cut output in an effort to keep prices above $60, The IEA said global oil supply last month fell by 950,000 bpd, roughly 1 percent, led by lower OPEC output even before the organization’s new supply-cutting pact took effect in January..
(Reuters) - Walmart Inc (WMT.N), the world’s largest retailer, will remain part of CVS Health Corp’s (CVS.N) network for commercial and Medicaid pharmacy customers, the companies said on Friday, breaking a contract impasse disclosed earlier this week. The companies did not provide financial terms of the new contract. On Tuesday, CVS said the companies had failed to agree on pricing and that Walmart was leaving the pharmacy network for prescription drug plans that CVS manages for companies and health insurers and for the government-run Medicaid program for low-income people.
Walmart and CVS also said on Tuesday they were still in discussions, CVS shares gained 1.6 percent to $64.76 in premarket trading, recouping some of the stock’s losses on Tuesday, “We mens wedding cufflinks view the agreement positively for CVS,” Cantor Fitzgerald analyst Steven Halper said in a research note, explaining that the loss of Walmart pharmacies could have negatively impacted CVS’ ability to sign up customers for its 2020 prescription drug plans, Evercore ISI analyst Ross Muken said the speed at which the dispute was resolved likely points to the negotiating strength of pharmacy benefit managers in contract discussions, Consumers historically move to where their insurance is accepted, and Walmart likely would have lost out on the estimated 15 million to 20 million prescriptions it receives from CVS customers, Muken said..