Politics News

Investing.com -- The U.S. House of Representatives is set to consider four conservative-backed spending bills for the upcoming fiscal year on Tuesday, although they are not widely...

Investing.com -- U.S. lawmakers are racing to find a resolution to an ongoing budget stand-off ahead of October 1, when the federal government is set to run out of funding for its...

(Bloomberg) -- The Biden administration has formally rebuffed a bid by environmental activists to phase down oil and gas production on federal lands and waters, marking its latest...

(Bloomberg) -- US Treasury Secretary Janet Yellen plans to visit Beijing in early July for the first high-level economic talks with her new Chinese counterpart, people familiar...

(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic made multiple trades leading up to the central bank’s meeting last May, revealing additional transgressions...

(Bloomberg) -- A new budget-cutting deal House Speaker Kevin McCarthy struck with ultra-conservative rebels risks a standoff with President Joe Biden and congressional Democrats...

(Bloomberg) -- The PGA Tour and President Joe Biden have learned the same hard lesson in recent months: Saudi Arabia is too rich and consequential to shun. As a candidate for...

(Bloomberg) -- For several weeks, House Speaker Kevin McCarthy couldn’t find a microphone he didn’t like. But, faced with a revolt on his right flank, the California Republican is...

(Bloomberg) -- Treasury Secretary Janet Yellen said Congress’ clawback of more than a quarter of the funding previously approved for a rebuilding of the Internal Revenue Service...

(Bloomberg) -- When Danny Patrick cast his ballot for former President Donald Trump, it was in part to spite the party that had once counted his West Virginia coal country vote as...

(Bloomberg) -- A blockade against legislation by House Republican hard-liners dragged on for a second day Wednesday, underscoring a rift with House Speaker Kevin McCarthy following...

(Bloomberg) -- House Republicans are taking aim at gas stoves, voting on a pair of bills starting Tuesday afternoon that would block regulation of the kitchen appliances that serve...

(Bloomberg) -- The bipartisan deal to avert a debt default won’t constrain the Biden administration’s ability to provide more aid for Ukraine, a White House official said, as the...

(Bloomberg) -- Hard-line Republican lawmakers threatened to exact revenge for a deal between the White House and House Speaker Kevin McCarthy to avert a catastrophic US debt...

(Bloomberg) -- Evidence that Federal Reserve policymakers recently discussed potential interventions in markets after any default by the US Treasury is reviving analysis of the...

(Bloomberg) -- Speaker Kevin McCarthy said issues remain in negotiations with the Biden administration on raising the federal debt limit as the clock ticks down to the point when...

(Bloomberg) -- House conservatives ratcheted up pressure on Speaker Kevin McCarthy to hold firm in talks over raising the debt ceiling just days before a potentially catastrophic...

(Bloomberg) -- There’s a roughly one-in-four chance that the US will hit the so-called X-date — at which the government runs out of cash — without a deal to raise the debt limit,...

(Bloomberg) -- House Republicans aren’t buying Treasury Secretary Janet Yellen’s warning that the US government will run out of money as soon as June 1, or her dire predictions of...

(Bloomberg) -- House Speaker Kevin McCarthy’s top debt-ceiling negotiators abruptly left a closed-door meeting with White House representatives soon after it began Friday morning,...

(Bloomberg) -- White House negotiators meeting with Republicans to hash out a deal to avert a historic US default have been instructed not to offer concessions on drug pricing,...

(Bloomberg) -- President Joe Biden’s latest picks for the Federal Reserve would further transform the diversity of the US central bank’s leadership in just two years.  While the...

(Bloomberg) -- An expected surge in migration at the border with Mexico is setting off alarm bells in states and cities across the US — and stoking tension between Joe Biden and...

(Bloomberg) -- Senate Republican leader Mitch McConnell warned he won’t come to President Joe Biden’s rescue on the debt limit by breaking a partisan deadlock as a catastrophic US...

(Bloomberg) -- A financial-market shock is what’s required to motivate politicians to break the current impasse on the US debt ceiling, according to former Biden administration...

(Bloomberg) -- Washington’s ability to avert a catastrophic US debt default risks coming down to as few as seven days in May, underscoring the enormous threat of the ongoing...

(Bloomberg) -- President Joe Biden said he’d be glad to sit down with House Speaker Kevin McCarthy to discuss raising the US debt ceiling — if McCarthy took default off the...

(Bloomberg) -- Treasury Secretary Janet Yellen implored lawmakers to lift the federal debt limit as she credited the Biden administration’s high-priced economic policies for...

Investing.com -- U.S. president Joe Biden has formally announced that he will stand for re-election in 2024. In a promotional video released on Tuesday, Biden stressed his desire...

(Bloomberg) -- President Joe Biden and House Speaker Kevin McCarthy are set to enter the next stage of the debt ceiling standoff, with a key vote and fresh Treasury data that could...

(Bloomberg) -- President Joe Biden aims to sign an executive order in the coming weeks that will limit investment in key parts of China’s economy by US businesses, people familiar...

(Bloomberg) -- President Joe Biden accused Republicans of trying to “squeeze out more of America’s middle class,” painting the debt ceiling and spending cut proposal unveiled...

(Bloomberg) -- House Republicans will seek to raise the US debt limit by $1.5 trillion or until March 31, 2024, in exchange for spending cuts in a proposal they plan to put up for...

(Bloomberg) -- A bipartisan group of moderate House lawmakers on Wednesday proposed a backup plan to set aside the US debt limit through year-end, in case President Joe Biden and...

(Bloomberg) -- House Speaker Kevin McCarthy told a Wall Street audience on Monday that the US House will vote in coming weeks on a plan to lift the nation’s borrowing limit, but...