Senate panel sets November 28 confirmation hearing for Fed chair nominee Powell
WASHINGTON (Reuters) – The U.S. Senate Banking Committee will hold a confirmation hearing on Nov. 28 for Jerome Powell, President Donald Trump’s nominee for chairman of the Federal Reserve, the committee said in a statement on Wednesday.
Trump to talk North Korea, trade with Chinese leader Xi
BEIJING (Reuters) – North Korea and trade will likely top the agenda when U.S. President Donald Trump and Chinese President Xi Jinping sit down for formal talks on Thursday, a day after Trump warned Pyongyang of the grave danger of developing nuclear w…
Democrats working on independent Russia probe
WASHINGTON (Reuters) – Democrats on the U.S. Senate Foreign Relations Committee have been undertaking their own investigation, without Republicans, on what they term “Russia’s malign influence around the world,” a spokesman for the Democratic side of t…
Tax-cut debate in U.S. Congress swings to Senate bill
WASHINGTON (Reuters) – A U.S. Senate tax-cut bill, differing from one in the House of Representatives, was expected to be unveiled on Thursday, complicating a Republican tax overhaul push and increasing skepticism on Wall Street about the effort.
Trump’s low approval rating masks his support among likely voters: Reuters/Ipsos poll
NEW YORK (Reuters) – President Donald Trump is more popular with likely voters than he is with the general public, according to a Reuters/Ipsos poll that underscores why Republican lawmakers have largely stuck with the polarizing president despite his …
Trump’s limited appeal a warning sign for Republicans ahead of 2018 elections
WASHINGTON (Reuters) – Democratic election victories in Virginia and New Jersey showed Republicans losing more ground in suburban areas, where President Donald Trump’s unpopularity could cost them dearly in next year’s congressional races.
Top ranks of career U.S. diplomats thin under Tillerson: union
WASHINGTON (Reuters) – The U.S. foreign service has seen its top ranks shrink under Secretary of State Rex Tillerson, according to a letter written by the head of the union representing U.S. diplomats and seen by Reuters on Wednesday.
Repeal of individual mandate would increase uninsured, premiums: CBO
WASHINGTON (Reuters) – The Congressional Budget Office said on Wednesday that repealing the Obamacare individual mandate would increase the number of uninsured by 13 million by 2027 and reduce the federal budget deficit less than initially forecast.
House panel drops effort to force testimony on Trump ‘dossier’
WASHINGTON (Reuters) – A congressional panel on Wednesday dropped attempts to force the founder of a firm that hired a former British spy to compile a dossier of links between the 2016 Trump election campaign and Russia to testify under oath, a lawyer …
Michigan Senator urges Congress to retain electric car tax credit
WASHINGTON (Reuters) – A Democratic U.S. Senator from Michigan on Wednesday urged his fellow lawmakers to retain a $7,500 tax credit for people who buy electronic vehicles instead of eliminating it as Republicans have proposed.
