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Top Cointelegraph News

U.S. Navy · United StatesBy Brad Lendon, CNN (CNN) — The US Navy’s beleaguered shipbuilding program took a major hit on Tuesday as Navy Secretary John Phelan announced he was cancelling plans to buy Constellation-class frigates, once heralded as a key part of US strategy to keep up with China’s rapidly expanding naval fleet. Phelan said the multibillion-dollar program for the surface combatants wasn’t delivering any bang for the buck. “I won’t spend a dollar if it doesn…See the Story
US Navy Axes Frigate Program in Another Blow to Efforts to Keep up with China’s Fleet
75% Center coverage: 12 sources

Jerome PowellWhite House National Economic Council Director Kevin Hassett has emerged as the leading candidate to become the next Federal Reserve Chair, according to a report published Tuesday.
Trump’s ‘Close Ally’ For Fed’s Top Position?
Hassett, who led the Council of Economic Advisers during Trump’s first…See the Story
Hassett Emerges as Frontrunner to Be Trump's Next Fed Chair, Bloomberg News Reports
Coverage: 2 sources
