Politics News

(Bloomberg) -- Democrats have warned in speeches from the US Capitol and appearances on cable-news shows that the standoff over the debt ceiling threatens to rattle financial...

(Bloomberg) -- House Speaker Kevin McCarthy said he has “a lot of ideas” he plans to share with President Joe Biden during a Wednesday meeting on how to avert a market-rattling...

(Bloomberg) -- President Joe Biden aims to press House Speaker Kevin McCarthy to commit to preventing the US from defaulting on its debt in a sit-down meeting Wednesday, and to...

(Bloomberg) -- Treasury Secretary Janet Yellen said the only solution to avoid a US default crisis is for Congress to increase the federal debt limit, avoiding engaging with other...

(Bloomberg) -- Republican Representative Jodey Arrington aims to emulate the leadership style of his hero, Ronald Reagan, as he takes a post that thrusts him squarely into the...

(Bloomberg) -- Ultraconservatives in the House have dominated the public discussion on the US debt ceiling, but Speaker Kevin McCarthy can’t afford to ignore GOP centrists if the...

(Bloomberg) -- Speaker Kevin McCarthy’s push to use the threat of a catastrophic debt default to extract spending cuts from Democrats risks being undermined by his fellow...

(Bloomberg) -- House Speaker Kevin McCarthy said President Joe Biden and Senate Democrats need to sit down with Republicans as soon as possible to begin discussing controls on...

By Liz Moyer Investing.com -- The federal government is going to hit its $31.4 trillion borrowing limit on Jan. 19, which is less than a week away, and Treasury Secretary Janet...

(Bloomberg) -- House Republicans are refraining from making any particular demands for federal spending cuts in exchange for raising the debt ceiling, offering a hint of...

By Yasin Ebrahim Investing.com – The Jan. 6 select House committee voted Monday to refer former President Donald Trump to the Department of Justice for potential criminal charges...

(Bloomberg) -- The Biden administration has reversed course on a carbon capture funding program to allow oil production following an intervention by senators including Joe Manchin...

By Geoffrey Smith  Investing.com -- Russian President Vladimir Putin suffered a rare and pointed challenge to his authority on Monday after an embarrassing defeat for Russia's...

By Geoffrey Smith  Investing.com -- Ukraine's counter-offensives in the south and east of the country are gaining momentum, President Volodymyr Zelensky claimed, at the end of a...

(Bloomberg) -- It was tempting when Democrats announced their surprise climate deal to imagine American auto executives popping champagne bottles. But any bubbly probably ought to...

(Bloomberg) -- Senator Joe Manchin said he resurrected negotiations on a tax, energy and climate bill that had formed the core of President Joe Biden’s economic agenda, in part, to...

By Geoffrey Smith  Investing.com -- Rishi Sunak and Liz Truss will run off against each other in the final stage of the contest to become leader of the U.K. Conservative Party -...

By Geoffrey Smith  Investing.com -- Russia's Foreign Minister gave the clearest signal yet that the Kremlin intends to annex southern Ukraine, rather than just concentrate on the...

(Bloomberg) -- President Joe Biden’s nomination of Michael Barr as vice chair for supervision at the Federal Reserve has won bipartisan backing, assuring that he will be quickly...

By Yasin Ebrahim Investing.com -- The pound was unchanged Monday after U.K. Prime Minister survived a vote of confidence in his leadership of the Conservative Party by 211 to...

By Geoffrey Smith  Investing.com -- U.K. Prime Minister Boris Johnson is to face a no-confidence vote from his party's Members of Parliament, a senior Conservative lawmaker...

(Bloomberg) -- President Joe Biden, in his battle to craft a winning message on the fight to tame decades-high inflation, has sought to tie Republicans to a plan that calls for...

By Geoffrey Smith Investing.com -- The European Union officially confirmed its latest round of sanctions on Russia on Friday, taking its first tentative steps to ban Russian energy...

(Bloomberg) -- President Joe Biden announced Friday that the U.S. is banning imports of Russian alcohol and seafood, as the White House looks to ratchet up punishment over Moscow’s...

(Bloomberg) -- The House approved legislation barring U.S. imports of Russian oil as lawmakers of both parties demanded stronger punishment of Russia for its invasion of...

(Bloomberg) -- The Senate Banking Committee will not vote on President Joe Biden’s nominees to the Federal Reserve board on Wednesday, a committee spokesperson said. Democratic...

By Yasin Ebrahim Investing.com -- U.S. President Joe Biden said the U.S. would unleash the first tranche of sanctions on Russia and individuals after President Vladimir Putin moved...

(Bloomberg) -- Senator Joe Manchin said he remains undecided on President Joe Biden’s nominees for the Federal Reserve, including Sarah Bloom Raskin, the embattled pick for vice...

(Bloomberg) -- President Joe Biden and Senate Democrats are standing by Sarah Bloom Raskin and are ready to wait out Republicans in a standoff that’s holding up a slate of five...

(Bloomberg) -- Senate Democrats are abandoned efforts to pass President Joe Biden’s $2 trillion economic agenda this year, delivering a political blow to a White House that has...

ABUJA (Reuters) - Nigeria's cabinet on Wednesday approved a bill that seeks to ease regulatory hurdles, offer tax incentives and make it easier for startups to raise capital,...

(Bloomberg) -- Senate Democrats introduced legislation to raise the nation’s debt ceiling by $2.5 trillion, an amount intended to be enough to extend U.S. borrowing authority until...

(Bloomberg) -- Democratic Senator Joe Manchin isn’t closing the door Senate passage of President Joe Biden’s economic package by the end of the year, but said he has growing...

(Bloomberg) -- New data showing the highest U.S. rate of inflation in four decades offer fresh ammunition to Republican critics of President Joe Biden’s signature tax and spending...

(Bloomberg) -- The U.S. Senate advanced legislation creating a fast-track path to raise the federal debt ceiling, moving another step closer to closing off the risk of a government...