Fed chair choice down to Powell, Taylor, one source tells Politico
WASHINGTON (Reuters) – President Donald Trump’s search for the next chair of the U.S. Federal Reserve has come down to Fed Governor Jerome Powell and Stanford University economist John Taylor, Politico on Thursday cited one source as saying, while anot…
Justice Department settles with conservative groups over IRS scrutiny
(Reuters) – The U.S. Justice Department has reached a settlement with dozens of conservative groups that claimed the Internal Revenue Service unfairly scrutinized them based on their political leanings when they sought a tax-exempt status, court docume…
U.S. House to vote on budget plan amid Republican fight on taxes
WASHINGTON (Reuters) – The U.S. House of Representatives was set to vote on Thursday on a budget blueprint central to efforts by Republicans to enact big tax cuts, but the outlook was clouded by a rebellion by moderates within the party from high-tax s…
EPA to review how clean air, water laws affect energy sector jobs
WASHINGTON (Reuters) – The U.S. Environmental Protection Agency said on Wednesday it will review how bedrock laws like the Clean Air Act and Clean Water Act affect energy industry job losses, one of several measures U.S. agencies will take to “reduce u…
Final trove of documents to offer new details on JFK assassination
BOSTON (Reuters) – More than half a century after U.S. President John F. Kennedy was struck down by an assassin’s bullet in Dallas, Texas, the United States is due on Thursday to release the final files on the investigation into the killing that rattle…
Republican tax fight complicates plan to pass budget in House
WASHINGTON (Reuters) – A budget plan crucial to President Donald Trump’s hopes for large-scale tax cuts looked set for a close vote in the U.S. House of Representatives on Thursday after some Republicans vowed opposition in an effort to protect a popul…
Trump to issue emergency declaration next week on opioids
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he would declare next week a national emergency on opioid abuse, a move that could give states access to federal funds to fight the drug crisis.
Democratic champion of 1986 tax reform says Trump plan may backfire
WASHINGTON (Reuters) – Former U.S. Senator Bill Bradley, a Democrat who helped bring about former Republican President Ronald Reagan’s bipartisan tax reform more than 30 years ago, said on Wednesday that President Donald Trump’s tax plan could backfire…
Flake’s retirement could upend Senate race in Arizona
(Reuters) – Republican Senator Jeff Flake’s surprise decision to drop out of next year’s U.S. Senate race in Arizona could be bad news both for the Republican who was challenging him and for the Democrat seeking to win the seat for her party.
Judge rejects bid by 18 states to revive Obamacare subsidies
SAN FRANCISCO/WASHINGTON (Reuters) – A U.S. judge on Wednesday refused to block President Donald Trump’s decision to end subsidy payments to health insurers under Obamacare, handing Trump a victory against Democratic attorneys general who have regularl…
