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Republican-led states vow to sue US SEC over climate risk disclosure rules

By Clark Mindock (Reuters) – Ten Republican-led states will file a lawsuit challenging new U.S. rules that U.S.-listed companies must report climate-related risks, West Virginia Attorney General Patrick Morrisey said on Wednesday, hours after the Securities and Exchange Commission approved the rules.    Morrisey said at a press conference the states including Georgia, Alabama and …

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Biden to call for expanding Medicare drug negotiation program

By Ahmed Aboulenein WASHINGTON (Reuters) – President Joe Biden will call on Congress to expand the number of drugs subject to annual Medicare price negotiations in his State of the Union address on Thursday, the White House said. The negotiation program, passed as part of 2022’s Inflation Reduction Act, empowers Medicare to use its vast …

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Fed’s Powell still expects rate cuts, but inflation progress “not assured”

By Howard Schneider WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell, avoiding disputes over fiscal policy, energy, housing, Ukraine and other tangled issues, told U.S. lawmakers on Wednesday he and his colleagues would “keep our heads down” in a charged presidential election year, with interest rate cuts still likely in coming months but only if …

Fed’s Powell still expects rate cuts, but inflation progress “not assured” Read More »

US House Republicans ask Hunter Biden to testify in open March 20 hearing

WASHINGTON (Reuters) – A Republican-controlled U.S. House of Representatives committee asked President Joe Biden’s son Hunter Biden to testify in an open hearing on March 20, as it continues its impeachment probe of his father, the panel said in a Wednesday statement. The House Oversight Committee has focused on Hunter Biden’s work for businesses based …

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Trump got the voters on Super Tuesday, but his cash-hungry campaign needs more donors

By Alexandra Ulmer LOS ANGELES (Reuters) – Donald Trump had no shortage of votes in the Super Tuesday presidential primary. He swept to victory in an abundance of states. But as his legal fees and payouts balloon, Trump must pursue another constituency as he prepares for a general election matchup with President Joe Biden: Major …

Trump got the voters on Super Tuesday, but his cash-hungry campaign needs more donors Read More »

ACLU says US House bill that could ban TikTok is unconstitutional

WASHINGTON (Reuters) – The American Civil Liberties Union said a bill in the U.S. House of Representatives that would force Chinese-based ByteDance to divest short video app TikTok or face a U.S. ban is unconstitutional. The House Energy and Commerce Committee is set to vote on the bipartisan proposal on Thursday that its sponsors say …

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At a glance: Super Tuesday states and Republican delegate counts

By Helen Coster (Reuters) -Republican frontrunner Donald Trump dominated the nominating contests taking place coast-to-coast on Super Tuesday, the biggest day of primaries in the 2024 U.S. presidential election cycle. Fifteen states held Republican contests, including the two most populous, California and Texas. More than a third of delegates – 865 of 2,429 – were …

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‘Uncommitted’ protest vote over Gaza again raises questions for Biden

By Nandita Bose ST. PAUL, Minnesota (Reuters) -President Joe Biden won almost all the Democratic nominating contests on “Super Tuesday” but a sizeable protest vote in Minnesota and six other states against his support for Israel again raised uncomfortable questions for his reelection campaign. With almost 90% of the expected votes counted in Minnesota, 19% …

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US Senator Menendez charged with obstruction of justice in new indictment

By Luc Cohen NEW YORK (Reuters) -U.S. Senator Bob Menendez and his wife were charged with obstruction of justice in a new, 18-count indictment unsealed on Tuesday, adding to corruption charges the New Jersey Democrat already faces. Menendez has pleaded not guilty to earlier charges of accepting hundreds of thousands of dollars from businessmen to …

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