CNBC's Steve Liesman reports the Federal Reserve said June guidance called for tapering if the economy improves as expected. The Committee is split over the timing of the taper, however.
USA: Even with a one-term presidency, it means Trump will have the opportunity to appoint up to three or four conservative supreme court judges. Currently three judges are around 80 years old. Liberal vote Ginsburg & Breyer and swing vote Kennedy 80. The conservative Scalia passed earlier this year. Trump's potential appointments will swing the SCOTUS from the current slightly conservative 5-4 (1 vacant) to ultra conservative 7-3. That will change the social and judicial landscape for decades to come since their appointment are lifetime.