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WASHINGTON—The U.S. Senate has confirmed John Crews to the NCUA board, clearing the way for him to succeed Kyle Hauptman and return the agency to a single-member board following the Trump Administration's removal of Democratic board members Todd Harper and Tanya Otsuka earlier this year.

WASHINGTON—U.S. employers shed 23,000 jobs in July while the unemployment rate was little changed at 4.1%, the Bureau of Labor Statistics reported, offering further evidence of a weak labor market. The decline followed average monthly payroll gains of just 34,000 over the prior 12 months.