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Plus, Stephen Myron, President Trump's pick for the Fed Board,
is said to be confirmed by the Senate.
Myron hasn't said what he'll do, and he's said that he'll be independent,
but there's a lot of speculation that maybe he will be Trump's man on the inside.
And why Trump wants to get rid of quarterly earnings reports.
It's Monday, September 15th.
I'm Alex Osela for The Wall Street Journal.
This is the PM edition of What's News,
the top headlines and business stories that move the world today.
US and Chinese negotiators have reached a framework deal on TikTok after two days of trade talks in Madrid and just days before the app was set to be banned in the US.
Until these meetings, Chinese authorities had not appeared to be keen to reach a deal.
The newfound flexibility is likely linked to Beijing's intensifying efforts to secure a state visit from President Trump.
It's still not clear whether Chinese negotiators agreed to U.S. demands that TikTok's Chinese parent company,
Bite Dance, sell its controlling stake to U.S. investors as part of the deal.
Treasury Secretary Scott Besant, who led the U.S. delegation,