U.S. House passes sanctions on Iran-backed Hezbollah
WASHINGTON (Reuters) – The U.S. House of Representatives on Wednesday backed new sanctions on Lebanon’s Iran-backed Hezbollah militia, part of an effort to take a tough line against Tehran without immediately moving to undermine an international nuclea…
Tax fight clouds prospects for passing budget in House
WASHINGTON (Reuters) – Republican infighting over a proposal to scrap a popular deduction for state and local income taxes is “an issue of concern” hanging over a budget measure scheduled for a vote on Thursday in the U.S. House of Representatives, a R…
Judge rejects bid by 18 U.S. states to revive Obamacare subsidies
SAN FRANCISCO/WASHINGTON (Reuters) – A U.S. judge in California on Wednesday refused to block President Donald Trump’s decision to end subsidy payments to health insurers under Obamacare, rejecting a request by Democratic attorneys general from 18 U.S….
Judge gives research firm in Trump-Russia probe more time to answer subpoena
WASHINGTON (Reuters) – A U.S. judge has given Fusion GPS, the research firm that hired a former British spy to investigate Donald Trump during the 2016 election campaign, until Thursday to reach an agreement with Congress over a subpoena for the firm’s…
FCC to loosen TV, newspaper ownership rules
WASHINGTON (Reuters) – The U.S. Federal Communications Commission wants to rollback landmark media ownership regulations that prohibit owning a television station and newspaper in the same market and making it easier to acquire additional TV or radio s…
Trump and U.S. House tax lawmaker reopen door to 401(k) changes
WASHINGTON (Reuters) – President Donald Trump and the U.S. House of Representatives’ top tax law writer reopened the door on Wednesday to changes in the 401(k) retirement savings program, just days after Trump seemed to rule out such a step under a bro…
Trump congratulates China’s Xi on ‘extraordinary elevation’
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he spoke to Chinese President Xi Jinping to congratulate him on a new leadership lineup unveiled at the Chinese ruling Communist Party Congress.
Trump unlikely to pick Cohn for Fed as he is crucial to tax reform drive: official
WASHINGTON (Reuters) – President Donald Trump is unlikely to pick economic adviser Gary Cohn as his nominee for Federal Reserve chairman because Cohn is playing a crucial role in the White House tax reform effort, a senior administration official said …
Senator Flake expects more Republicans to denounce Trump
WASHINGTON (Reuters) – U.S. Senator Jeff Flake said on Wednesday he expects more Republican colleagues to speak out against Donald Trump’s behavior and policies, one day after denouncing the Republican president in a fiery speech.
Ryan says Republican tax plan must speed through choppy waters: Reuters interview
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Paul Ryan said on Wednesday that a sweeping Republican tax-cut plan is entering its toughest phase yet as lobbyists swarm Congress to try to protect valuable tax breaks.
