Second top Democrat opposes U.S. fast-track trade bill
WASHINGTON (Reuters) – A second senior member of U.S. President Barack Obama’s party spoke out on Wednesday against a proposal to give the White House power to fast-track trade deals, delivering another blow to the chances of getting the bill through C…
Debt-limit vote puts Senate Republican leader McConnell in hot seat
WASHINGTON (Reuters) – For Mitch McConnell, the top Senate Republican, a vote to end debate over raising the U.S. debt ceiling on Wednesday was much more than a vote to leave Washington before a snowstorm arrived.
Obama names economist Sheets as Treasury international undersecretary
WASHINGTON (Reuters) – President Barack Obama on Wednesday named economist Nathan Sheets, who has worked at Citigroup and the Federal Reserve, as the Treasury Department’s top international official, the White House said.
Republican U.S. Rep. Miller from California won’t seek re-election
WASHINGTON (Reuters) – U.S. Representative Gary Miller, a Southern California Republican, said on Wednesday he would not seek re-election after more than 15 years in Congress, creating an opening for Democrats to gain a seat in a district considered on…
Second top Democrat opposes U.S. fast-track trade power
WASHINGTON (Reuters) – A second senior member of U.S. President Barack Obama’s party spoke out on Wednesday against a proposal to give the White House power to fast-track trade deals, delivering another blow to the chances of getting the bill through C…
Obama names economist Sheets as Treasury international undersecretary
WASHINGTON (Reuters) – President Barack Obama on Wednesday named economist Nathan Sheets, who has worked at Citigroup and the Federal Reserve, as the Treasury Department’s top international official, the White House said.
U.S. Congress approves debt limit hike after Senate drama
WASHINGTON (Reuters) – The U.S. Congress approved an increase in the country’s debt limit through March 2015, bowing to President Barack Obama’s demands for a debt limit increase without any conditions, but only after a dramatic Senate vote on Wednesda…
U.S. business, labor leaders urge Congress to raise gas tax
WASHINGTON (Reuters) – U.S. business and labor leaders urged Congress on Wednesday to raise the federal gasoline tax to prevent a fund that pays for road and bridge projects from running out of money as early as September.
Hagel to preview Pentagon’s budget for 2015 on February 24: sources
WASHINGTON (Reuters) – Defense Secretary Chuck Hagel is expected to preview the Pentagon’s fiscal 2015 budget request on February 24, a week before the White House sends its formal budget plan to Congress, according to sources familiar with the matter….
Former New Orleans mayor guilty of graft in Katrina recovery
NEW ORLEANS (Reuters) – A federal jury on Wednesday found former New Orleans Mayor C. Ray Nagin guilty of accepting bribes and trading on the public trust during the critical years of rebuilding after Hurricane Katrina devastated the city in 2005.