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US consumer watchdog scraps $95 million ‘illegal fees’ settlement with Navy Federal Credit UnionĀ 

(Corrects paragraphs 1-2 to say orders were published on Tuesday, not Wednesday) WASHINGTON (Reuters) -The top U.S. watchdog agency for consumer finance this week canceled a $95 million settlement reached last year with Navy Federal Credit Union, a lender officials in the prior administration had accused of illegally charging surprise overdraft fees, according to an …

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Despite last-minute changes, US Senate bill deals big blow to renewable energy

By Valerie Volcovici WASHINGTON (Reuters) -The U.S. Senate’s massive budget bill that passed on Tuesday will make it harder to develop wind and solar energy projects, despite the removal of some contentious provisions, industry advocates and lawmakers said. The Senate dropped a proposed excise tax on solar and wind energy projects that don’t meet strict …

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Pro-Palestinian Georgetown student can remain free, US appeals court rules

By Kanishka Singh (Reuters) -A pro-Palestinian Georgetown University student from India, detained by President Donald Trump’s administration but then released on a judge’s order, can remain free while fighting deportation efforts, a U.S. appeals court ruled on Tuesday. A three-judge panel of the Richmond, Virginia-based 4th U.S. Circuit Court of Appeals ruled 2-1 against the …

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Mamdani officially secures nomination for New York City mayor

NEW YORK (Reuters) -The New York City Election board on Tuesday confirmed a stunning victory by mayoral candidate Zohran Mamdani in the Democratic primary, clearing the way for the political upstart to be the party’s nominee for the November mayoral election. The ranked-choice voting results released on Tuesday showed Mamdani, who started his campaign as …

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US judge blocks Trump administration move to overhaul health agencies

By Nate Raymond (Reuters) -A federal judge on Tuesday blocked the Trump administration from moving forward with plans to overhaul the U.S. Department of Health and Human Services by reorganizing several of its agencies and substantially cutting their workforce. U.S. District Judge Melissa DuBose in Providence, Rhode Island, issued an injunction at the behest of …

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Trump-backed tax-cut and spending bill passes US Senate

WASHINGTON (Reuters) -The Republican-controlled U.S. Senate voted on Tuesday to pass a wide-ranging tax-cut and spending bill sought by President Donald Trump, which would cut Medicaid healthcare and food assistance programs for the poor and disabled. Vice President JD Vance cast the tie-breaking vote in the Senate. (Reporting by Richard Cowan; Editing by Doina Chiacu)

Buoyed by the Supreme Court, Trump to press forward on firings and social agenda

By Jeff Mason, Daniel Wiessner and Nate Raymond WASHINGTON (Reuters) -U.S. President Donald Trump’s team is moving quickly to challenge injunctions that thwarted implementation of his policies on social issues and firing federal workers after the Supreme Court limited lower courts’ powers to block them. Friday’s ruling was widely viewed as a victory for the …

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