Reuters US Domestic

Trump probe follows criticism of Manhattan prosecutor for not acting sooner

By Luc Cohen NEW YORK (Reuters) – A New York City prosecutor is taking steps toward a possible indictment of former President Donald Trump, reviving an investigation into an alleged hush money payment to a porn star made during his 2016 campaign for the White House. Manhattan District Attorney Alvin Bragg has come under political …

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Biden’s $6.8 trillion budget challenges Republicans, raises taxes on rich

By Trevor Hunnicutt, Andrea Shalal and Nandita Bose PHILADELPHIA (Reuters) -U.S. President Joe Biden on Thursday unveiled plans for government spending and higher taxes on the wealthy, choosing the swing state of Pennsylvania to reveal his playbook for an expected 2024 re-election bid. Speaking at a Philadelphia union hall, the Democratic president challenged Republican opponents …

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Former Ohio House speaker Householder convicted over $60 million bribery plot

By Kanishka Singh WASHINGTON (Reuters) – A federal jury convicted former Ohio House of Representatives Speaker Larry Householder and former Ohio Republican Party chair Mathew Borges of participating in a $60 million bribery scheme, the U.S. Justice Department said on Thursday. Householder, 63, and Borges, 50, were charged in 2020 in the federal bribery case …

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Yellen warns U.S. House members of ‘economic collapse’ from default

By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen urged members of the U.S. House of Representatives on Friday to raise the federal debt ceiling without conditions, warning that a default on U.S. debt would cause “economic and financial collapse.” Yellen, in budget testimony before the Republican-controlled House Ways and Means Committee, said that …

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Trump cannot exclude ‘Access Hollywood’ tape from rape accuser’s trial

By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Friday rejected Donald Trump’s effort to exclude an “Access Hollywood” tape of him making vulgar comments about women from a defamation lawsuit by the writer E. Jean Carroll, who says the former president raped her in the mid-1990s. Carroll sought to introduce an excerpt …

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US senators blast Treasury’s ‘lack of progress’ on climate risks

By Andrea Shalal WASHINGTON (Reuters) -Three U.S. senators blasted the Treasury Department on Thursday for what they called its failure to act more swiftly on countering climate risks, and they urged Secretary Janet Yellen to appoint a new climate counselor to lead the effort. In a letter to Yellen viewed by Reuters, Democratic Senators Elizabeth …

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Judge still thinks proposed Bankman-Fried bail conditions too lenient

By Luc Cohen and Jody Godoy NEW YORK (Reuters) -A U.S. judge on Friday said he remained unsatisfied with a proposal to impose tight restrictions on how the indicted FTX cryptocurrency exchange founder Sam Bankman-Fried communicates with the outside world while free on bail. Bankman-Fried is fighting to stay out of jail pending his scheduled …

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Bayer plans to spend $1 billion on US pharma R&D in 2023-US pharma head

By Michael Erman and Patrick Wingrove NEW YORK (Reuters) – Bayer AG plans to spend $1 billion on drug research and development in the U.S. this year as it works to double its sales in the country by the end of the decade, Bayer’s top U.S. pharmaceutical executive told Reuters. Sebastian Guth, president of Bayer’s …

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New York officials ask 3 pharmacy chains for plans on abortion drug access

(Reuters) -New York government officials on Thursday sent a letter to pharmacy operators CVS Health Corp, Walgreens Boot Alliance and Rite Aid Corp, asking about their plans to make abortion pill mifepristone available in the state. The letter from New York Governor Kathy Hochul and Attorney General Letitia James asked the companies to respond in …

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USDOT defends ‘fully qualified’ Biden aviation nominee

By David Shepardson WASHINGTON (Reuters) -The Biden administration told Congress on Thursday its pick to head the Federal Aviation Administration (FAA) is fully qualified and does not violate a law requiring civilian leadership. Republicans question whether Denver International Airport Chief Executive Officer Phil Washington has the required aviation experience needed to serve as top U.S. …

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