Republicans offer bill to block potential Iran dollar use
WASHINGTON (Reuters) – Two Republican U.S. senators who oppose the nuclear agreement with Iran introduced a bill on Wednesday that would keep Iran from gaining even indirect access to the U.S. financial system or using U.S. dollars in business transact…
White House finds temporary fix in Zika funding fight
WASHINGTON (Reuters) – The White House said on Wednesday it will redirect $589 million in funds to prepare for the Zika virus before the mosquito that carries it begins to emerge in the continental United States, but urged Congress to act quickly on it…
Exclusive: Cruz about even with Trump in Republican presidential race – poll
NEW YORK (Reuters) – U.S. presidential candidate Ted Cruz’s support among Republicans is about even at a national level with party front-runner Donald Trump, according to Reuters/Ipsos polling, as the U.S. senator picked up a victory in Wisconsin’s pri…
Democratic White House hopefuls cheer end of Pfizer, Allergan deal
(Reuters) – Democratic presidential candidates Hillary Clinton and Bernie Sanders on Wednesday cheered the end of U.S. drugmaker Pfizer Inc’s $160 billion merger with Ireland-based Allergan Plc .
Obama urges Congress to take action on corporate tax reform
WASHINGTON (Reuters) – U.S. President Barack Obama on Tuesday urged Congress to take action to stop U.S. companies from taking advantage of tax loopholes that allow them to avoid paying taxes.
Republican Cruz crushes Trump in Wisconsin, says party will unite
MILWAUKEE (Reuters) – Republican Ted Cruz easily won the Wisconsin presidential primary on Tuesday, dealing a blow to front-runner Donald Trump’s hopes of amassing enough delegates for the party’s nomination and boosting chances of a rare contested con…
Republican Collins’ call for Garland hearings spurned
WASHINGTON (Reuters) – A moderate Republican senator heaped praise on President Barack Obama’s U.S. Supreme Court nominee on Tuesday, bucking Senate Republican leaders who promptly dismissed her call for confirmation hearings.
Puerto Rico, creditors trade barbs over debt freeze bill
SAN JUAN (Reuters) – Puerto Rico’s House of Representatives on Tuesday debated a bill to halt debt payments, while a government official fired back at creditors who suggested the U.S. territory was shirking efforts to hold restructuring talks.
Puerto Rico GO bondholders issue proposal for restructuring
SAN JUAN (Reuters) – Bondholders with nearly a third of Puerto Rico’s $17 billion outstanding General Obligation bonds on Tuesday unveiled a proposal for a debt restructuring they claim would help the island avoid outright default.
Obama discusses Islamic State threat with Pentagon chief
WASHINGTON (Reuters) – U.S. President Barack Obama said he spoke with Defense Secretary Ash Carter on Tuesday about how the Pentagon should be organized to meet global threats, including from Islamic State.