Politics

WASHINGTON (Reuters) – President Donald Trump is considering nominating Federal Reserve Governor Jerome Powell and Stanford University economist John Taylor for the central bank’s top two jobs, in an apparent bid to reassure markets and appease conservatives hungry for change. FILE PHOTO: Federal Reserve Governor Jerome Powell attends a conference at the Brookings Institution in
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NEW YORK (Reuters) – The U.S. Environmental Protection Agency has backed off a series of proposed changes to the nation’s biofuels policy after a massive backlash from corn-state lawmakers worried the moves would undercut ethanol demand, according to a letter from the agency to lawmakers seen by Reuters. Environmental Protection Agency Administrator Scott Pruitt speaks
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WASHINGTON (Reuters) – President Donald Trump’s drive to overhaul the U.S. tax code cleared a critical hurdle on Thursday when the Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut package without Democratic support. By a 51-to-49 vote, the Republican-controlled Senate approved the
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WASHINGTON (Reuters) – President Donald Trump on Wednesday backed away from a bipartisan deal from two U.S. senators to stabilize Obamacare by restoring subsidies to health insurers, one day after signaling his support for the plan. Republican Senator Lamar Alexander, who reached the agreement with Democratic Senator Patty Murray, said Trump had “completely engineered” the
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SEOUL (Reuters) – Former U.S. presidential candidate Hillary Clinton said on Wednesday that “cavalier” threats to start war on the Korean peninsula are “dangerous and short-sighted”, urging the United States to get all parties to the negotiating table. Clinton also called on China to take a “more outfront role” in enforcing sanctions against North Korea
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WASHINGTON (Reuters) – Like the deal-maker he says he is, U.S. President Donald Trump appears to be keeping his options open as his Republican Party threatens to erupt into full-scale war. On Monday, almost immediately after saying he empathized with the effort by his former strategist Steve Bannon to back challenges against Republican senators in
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GREENBELT, Maryland (Reuters) – A U.S. judge lobbed tough questions at attorneys representing refugee groups and immigrant advocates seeking to overturn the Trump administration’s latest policy banning citizens of some countries from entering the United States. U.S. District Court Judge Theodore Chuang in Maryland on Monday heard arguments for and against President Donald Trump’s new
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