By David Lawder WASHINGTON (Reuters) – U.S. President Joe Biden’s 2020 campaign promise to make wealthy Americans and corporations pay more in taxes to finance a range of social priorities breathed its last gasp, at least for this presidential term, with the debt ceiling deal he struck with Republicans on Saturday. The deal to cap …
Analysis-US debt-ceiling deal dooms Biden’s revolutionary tax plans Read More »
By Tyler Clifford NEW YORK (Reuters) – Manhattan District Attorney Alvin Bragg on Tuesday moved to block former President Donald Trump’s attempt to persuade a federal court to take over a state criminal case in which he is charged with falsifying business records connected to a hush money payment allegedly made prior to the 2016 …
Manhattan prosecutor seeks to keep Trump hush money case in state court Read More »
(Adds dropped word in second paragraph to clarify Krebs was interviewed) WASHINGTON (Reuters) – A U.S. special counsel investigating former President Donald Trump and efforts to overturn his 2020 election loss are examining his firing of a cybersecurity official whose office said the vote was secure, the New York Times said on Wednesday. Special Counsel …
US special counsel probes Trump firing of then-top cybersecurity official -NYT Read More »
WASHINGTON (Reuters) – Representative Ralph Norman, a hardline conservative Republican, said he will vote against the debt ceiling bill when it comes before the U.S. House Rules Committee later on Tuesday, if it is not amended. (Reporting by David Morgan in Washington)
WASHINGTON (Reuters) – Deputy U.S. Treasury Secretary Wally Adeyemo said on Friday that the U.S. government does not have the capability to “triage” payment priorities if the debt ceiling is not raised, adding that invoking the 14th amendment to issue debt will not solve the government’s challenges. Speaking on CNN as the White House and …
U.S. Treasury’s Adeyemo sees no ability to ‘triage’ payments without debt limit hike Read More »
By James Oliphant and Doina Chiacu WASHINGTON (Reuters) -Florida Governor Ron DeSantis’ fledgling presidential campaign was looking to push forward on Thursday after a troubled online launch event drew mockery from his rivals and renewed doubts about his viability as a national candidate. DeSantis plans to barnstorm the early nominating states of Iowa, New Hampshire …
DeSantis to stump in early voting states after rocky presidential launch Read More »
By Patricia Zengerle WASHINGTON (Reuters) – A Republican senator’s hold on military nominations will apply to Democratic President Joe Biden’s selection of Air Force chief General Charles Q. Brown as the country’s top military officer, who was chosen amid mounting U.S. concern over security threats from Russia and China. A spokesman for Senator Tommy Tuberville …
Biden’s pick as top US commander could be delayed by senator’s blockade Read More »
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Thursday urged Latino voters not to back Florida Governor Ron DeSantis in the next U.S. presidential election, accusing the Republican politician of trying to win votes at the expense of migrants. DeSantis said Wednesday he would seek the 2024 Republican nomination for president and …
Mexican president urges Latino voters to reject DeSantis after campaign launch Read More »
WASHINGTON (Reuters) – Republican U.S. House of Representatives Speaker Kevin McCarthy said on Thursday he spoke briefly with former President Donald Trump about the debt ceiling negotiations in recent days, as time runs short for an agreement to avoid default. Trump, who is seeking a second term in 2024 amid multiple legal challenges, has downplayed …
McCarthy says he spoke with Trump about US debt ceiling talks Read More »
By David Shepardson WASHINGTON (Reuters) -Two key U.S. senators said on Thursday they want the Commerce Department to prioritize national and economic decisions in awarding $39 billion in semiconductor manufacturing subsidies rather than using the funds to aid ailing companies. Senate Intelligence Committee chair Mark Warner and Republican Senator John Cornyn said in a letter …
Senators urge Commerce to prioritize national security in chips funding Read More »
