U.S. Congress pushing back at Trump over Saudi arms deals
A U.S. Senate committee approved legislation on Tuesday that would make it more difficult for President Donald Trump to avoid congressional review of arms sales, underscoring lawmakers’ anger over his approval of $8 billion in military deals with Saudi…
Fed pushes back on aggressive U.S. rate cut views
Federal Reserve officials on Tuesday pushed back on market expectations and presidential pressure for the central bank to deliver a significant U.S. interest rate cut of half a percentage point as soon as its next meeting.
U.S. lawmakers, regulators advance crackdown on robocalls
The U.S. Federal Trade Commission (FTC) and 25 state and local agencies on Tuesday unveiled a crackdown on robocalls as a congressional panel approved a bill that would take new steps to reduce the unwanted calls.
Census citizenship question fight rages in U.S. Congress, courts
A U.S. House of Representatives panel on Tuesday moved to hold two members of President Donald Trump’s Cabinet in contempt of Congress for defying subpoenas in an inquiry into whether the administration’s plan to add a citizenship question to the 2020 …
U.S. sues ex-Trump aide Omarosa, alleges failure to file required financials
The United States on Tuesday sued Omarosa Manigault Newman, the former aide to President Donald Trump and reality television star, saying she knowingly failed to file a required public financial disclosure report after she left the White House.
U.S. to consider sanctions in case of more Sudan violence
A top U.S. State Department official who deals with Sudan said on Tuesday that Washington was considering all options, including possible sanctions, if there was more violence after a deadly assault on protesters in Khartoum early this month.
Powell says Fed insulated from politics, wrestling with rate cuts
Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is “insulated from short-term political pressures,” and that its policymakers are wrestling with whether to cut interest rates as President Donald Trump has demanded.
Fed’s Barkin sees risk the U.S. could talk itself into a recession; no sign of it yet
Richmond Federal Reserve President Thomas Barkin on Tuesday said there was a risk the United States could talk itself into a recession but added he saw no sign of this happening yet.
U.S. hopes to re-launch China trade talks, won’t accept conditions on tariffs: official
The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan on Saturday but Washington will not accept any conditions on tariffs, a senior administration official said on Tuesday.
Saudi Arabia must OK nonproliferation standard: U.S. energy secretary
Saudi Arabia must commit to a broad international monitoring program of nuclear power facilities if it develops nuclear power reactors with technology from the United States, U.S. Energy Secretary Rick Perry told lawmakers on Tuesday.
