Reuters US Domestic

‘Elevated’ risk of data leak from SEC surveillance tool, watchdog says

By Douglas Gillison (Reuters) – A recent audit showed an “elevated” risk of a data leakage from the comprehensive market data surveillance system used by Wall Street’s top regulator, according to a watchdog report made public this week. While the Office of Inspector General at the U.S. Securities and Exchange Commission said the agency had …

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Trump-appointed State Department official steps down after less than 3 months

By Jessica Donati and Humeyra Pamuk WASHINGTON (Reuters) – The U.S. State Department’s top official overseeing the agency’s management, appointed by President Donald Trump’s administration, is stepping down after less than three months, according to an internal email seen by Reuters on Thursday and a department spokesperson. Tibor Nagy, who also served during the first …

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USA Fencing disqualifies female fencer for refusing to fight trans opponent

(Note: Language in paragraph 10 that some readers may find offensive) (Reuters) – USA Fencing said on Thursday its decision to disqualify a female fencer from a recent event in Maryland after she refused to compete against a transgender opponent was in line with rules established by the sport’s governing body. The incident occurred on …

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Crypto execs ask Congress to let stablecoins pay interest as bill set to advance

By Hannah Lang (Reuters) – Some influential cryptocurrency executives are making a last-minute pitch to Congress to allow interest to be paid on U.S. dollar-pegged tokens as part of popular legislation establishing a regulatory framework for stablecoins. That lobbying effort has been met with mixed reactions from lawmakers, and has also raised concerns from financial …

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US senators seek to rein in Trump tariff authority

By David Shepardson WASHINGTON (Reuters) -Two senior lawmakers on the Senate Finance Committee introduced legislation on Thursday seeking to rein in U.S. President Donald Trump’s ability to impose tariffs and would require congressional approval for new levies within 60 days. Republican Senator Chuck Grassley and Democrat Maria Cantwell introduced legislation that would require the president …

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Exclusive-Musk team issued inaccurate USAID firing notices, must send correct versions, say sources

By Jonathan Landay and Patricia Zengerle WASHINGTON (Reuters) – Termination notices sent by billionaire Elon Musk’s cost-cutting team to U.S. Agency for International Development staff were so rife with errors that corrected versions are being issued to avoid affecting pensions and pay, according to five sources familiar with the issue. The Department of Government Efficiency …

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US trade deficit narrows in February

WASHINGTON (Reuters) – The U.S. trade deficit narrowed in February, but the level of imports remained elevated after businesses front-loaded goods to avoid higher prices from tariffs, keeping trade on track to be a drag on economic growth in the first quarter. The trade gap contracted 6.1% to $122.7 billion from a revised record $130.7 …

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Auto tariff to cost US consumers more than $30 billion in first year, report shows

(Reuters) – U.S. President Donald Trump’s 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Anderson Economic Group said in a report on Thursday. WHY IT’S IMPORTANT Manufacturers are expected to bear some of the tariff …

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