House votes to revive trade lender, but Senate path unclear
WASHINGTON (Reuters) – The U.S. House of Representatives voted overwhelmingly to renew the Export-Import Bank’s charter on Tuesday, but the path for the trade lender’s ultimate revival remained unclear in the Senate, where Majority Leader Mitch McConne…
Life insurers admit to offering ‘kickbacks’: Senator Warren
(Reuters) – Senator Elizabeth Warren said 13 major U.S. life insurers had admitted to using incentives such as expensive vacations and gifts, which could encourage agents “to put their own interests ahead of their clients.”
House passes bill to revive Export-Import Bank
WASHINGTON (Reuters) – The U.S. House of Representatives voted overwhelmingly to renew the Export-Import Bank’s charter on Tuesday, but the path for the trade lender’s ultimate revival remained unclear in the Senate, where Majority Leader Mitch McConne…
U.S. to intensify fight against Islamic State militants: Pentagon chief
WASHINGTON (Reuters) – The U.S. military will intensify air strikes and may carry out more direct ground attacks as it steps up efforts against Islamic State militants following a failed bid to train Syrian rebels, Defense Secretary Ash Carter told law…
Senate approves major cybersecurity bill
WASHINGTON (Reuters) – The U.S. Senate easily passed legislation on Tuesday aimed at bolstering the country’s cyber defenses, advancing the first serious attempt in Congress to combat computer hacks that have hit a growing number of businesses and government agencies in recent years.
Congress aims for fast budget, debt limit passage
WASHINGTON (Reuters) – A U.S. budget and debt ceiling deal headed toward quick action in Congress on Tuesday as lawmakers rushed to avert yet another fiscal standoff, which threatened to push the federal government into an unprecedented default early n…
Ex-House Speaker Hastert expected to plead guilty in hush-money case
CHICAGO (Reuters) – Former U.S. House Speaker Dennis Hastert, once one of the most powerful men in the country, is expected to plead guilty on Wednesday in a hush-money case stemming from allegations of sexual misconduct from decades ago.
U.S. budget deal would sell 58 million barrels of oil from emergency reserves
WASHINGTON (Reuters) – Congressional leaders proposed to sell 58 million barrels of oil from U.S. emergency reserves over six years starting in fiscal 2018 to help pay for a budget deal that ends mandatory spending cuts, according to a copy of the bill…
New Jersey’s Christie picks state Treasurer from Reagan adviser’s firm
NEW YORK (Reuters) – New Jersey Governor Chris Christie, a 2016 Republican presidential candidate, on Tuesday nominated as state Treasurer an executive of a research firm whose founder was instrumental in guiding Ronald Reagan’s supply-side economic th…
Ben Carson pulls ahead of Donald Trump in national poll
WASHINGTON (Reuters) – Ben Carson has placed first in a recent national Republican presidential primary poll, pushing Donald Trump into second place for the first time since June.
