U.S. eyes more Venezuelan sanctions, but oil on backburner: U.S. official
The United States plans to turn up sanctions pressure on Venezuela but sees less need to immediately target its energy sector, given sagging production from the OPEC member’s state-run oil company, a senior U.S. administration official said on Wednesda…
Chicago mayor skips over pension funding fix in final budget speech
Chicago Mayor Rahm Emanuel unveiled the final budget of his tenure on Wednesday, but put off addressing a pension funding challenge that will hit during his eventual successor’s term in office.
Senate leader: Congress should not join ‘pile-on’ on Myanmar’s Suu Kyi
The Republican leader of the U.S. Senate said on Wednesday that civilian leader Aung San Suu Kyi remains the best hope for Myanmar and that it would not be helpful for Congress to join an international “pile-on” against her over a military crackdown on…
Trump on Twitter (October 18): Ted Cruz, August job openings
The following statements were posted to the verified personal Twitter account of U.S. President Donald Trump (@realDonaldTrump)
Trump turns attention to budget cutting after slashing taxes
U.S. President Donald Trump, faced with a budget deficit at a six-year high, on Wednesday told his Cabinet to come up with proposals to cut spending by their agencies by 5 percent, but he suggested the military would be largely spared.
Mattis to seek more resilient U.S. ties with China’s military
U.S. Defense Secretary Jim Mattis will seek more resilient military ties during talks with his Chinese counterpart in Singapore slated for Thursday, a U.S. official said, as both militaries attempt to navigate mounting tensions.
McConnell says Senate Republicans might revisit Obamacare repeal
Republicans could try again to repeal Obamacare if they win enough seats in U.S. elections next month, Senate Republican Leader Mitch McConnell said on Wednesday, calling a failed 2017 push to repeal the healthcare law a “disappointment.”
Trump seeks to shrink Cabinet agency budgets by 5 percent
U.S. President Donald Trump, faced with a budget deficit that hit a six-year high, on Wednesday called on his Cabinet secretaries to cut their budgets by 5 percent.
U.S. Treasury official charged with leaks linked to Russia probe
A U.S. Treasury Department official has been criminally charged with leaking confidential documents relating to former Trump campaign chairman Paul Manafort and others to a reporter from digital media company BuzzFeed, Manhattan federal prosecutors sai…
White House’s Kudlow says Trump not demanding Fed policy change
White House economic advisor Larry Kudlow said on Wednesday that U.S. President Trump was not demanding a policy change at the Federal Reserve after Trump heaped more criticism on the Fed on Tuesday, calling rising U.S. interest rates his “biggest thre…