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“It should actually now be quantitative easing,” Trump said. Trump’s repeated public attacks on Fed policy and his intention to nominate two political allies to the central bank’s board of governors has led some analysts to see the economic policymaker’s cherished independence as under attack. The White House has said it does not wish to undermine the central bank’s independence. The renewal of quantitative easing, Trump said, should be in addition to interest rate cuts - a likely worrying thought, at this point, for Fed officials who describe such a combination of tactics as only appropriate in a dire downturn.

On Thursday, Trump said he plans to nominate his political ally Herman Cain, the former head of Godfather’s Pizza, to one of two vacancies on the Fed’s seven-member Board of Governors, Cain runs a political fundraising group that has spent more than half its money supporting Trump’s reelection, Two weeks ago, Trump said he would nominate conservative economic commentator Stephen Moore pure silver cufflinks to the other vacant seat on the Fed’s board, Moore is also a longtime Trump ally who has joined him in criticizing last year’s rate hikes..

The president’s top economic adviser, Larry Kudlow, told Bloomberg News that both potential nominees share the view that strong growth does not necessarily cause inflation, which central bankers try to prevent by raising rates. Half a dozen Fed officials in recent days have touted the underlying strength of the American economy and argued a recent spate of weak data on business activity is more likely to prove fleeting than lasting. None said they currently back a rate cut and some have said rate hikes may eventually be necessary.

(Reuters) - U.S, government officials plan to meet with executives from automakers and lithium miners in early May as part of a first-of-its-kind effort to launch a national electric vehicle supply chain strategy, according to three sources familiar with the matter, While Volkswagen AG, Tesla Inc and other electric-focused automakers and battery manufacturers are expanding in the United States and pure silver cufflinks investing billions in the new technology, they are reliant on mineral imports without a major push to develop more domestic mines and processing facilities..

For a graphic, click tmsnrt.rs/2Azl09N. China already dominates the electric vehicle supply chain. It produces nearly two-thirds of the world’s lithium-ion batteries - compared to 5 percent for the United States - and controls most of the world’s lithium processing facilities, according to data from Benchmark Minerals Intelligence, which tracks prices for lithium and other commodities and is organizing the Washington, D.C., event. U.S. imports of lithium have nearly doubled since 2014 due in part to rising demand from Tesla, SK Innovation Co and others building battery plants in the country, according to the U.S. Geological Survey.

“We need to find ways to more efficiently develop our nation’s domestic critical mineral supply because these resources are vital to both our national security and our economy,” North Dakota Senator John Hoeven, a member of the Senate’s Energy and Natural Resources Committee, said in a statement to Reuters when asked about the meeting, Hoeven and Senator Lisa Murkowski, chair of the Senate’s energy committee, have been invited to attend the meeting, Officials from the U.S, Department of State, Department of Energy, Department of the Interior and the U.S, Geological Survey plan to attend, according pure silver cufflinks to two of the sources..

As part of the effort, Murkowski is expected to introduce standalone legislation aimed at streamlining the permitting process for lithium and other mines, bolstering state and federal studies of domestic supplies of critical minerals and encouraging mineral recycling, among other topics, according to a source familiar with the matter. Some of those efforts were part of broader energy legislation in prior Congresses that failed, and Murkowski hopes that similar legislation will draw broader attention to the topic, according to the source.

Five companies, including Lithium Americas Corp, are developing U.S, lithium projects that plan to use new technologies to extract the metal from clays, bromine and even oilfield waste, processes not common elsewhere and considered game-changing by some analysts, But not all of them have secured financing, For a graphic, click tmsnrt.rs/2CXdGWN, If all five come online by 2022 as planned, the country would produce at least 77,900 tonnes of lithium carbonate equivalent each year, making the country one of the world’s largest lithium producers, Lithium development projects have historically faced numerous obstacles, so that production number pure silver cufflinks is far from guaranteed..



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