Politics News

(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...

(Bloomberg) -- The risk of a brief U.S. government shutdown over the weekend rose Wednesday with congressional Republicans and Democrats split over a short-term spending bill...

(Bloomberg) -- The U.S. Congress returns from its week-long Thanksgiving recess facing urgent deadlines to avoid both a federal government shutdown and a debt limit default, pass...

(Bloomberg) -- Senate Majority Leader Chuck Schumer and Minority Leader Mitch McConnell met Thursday to discuss the need to boost the nation’s debt ceiling sometime around...

(Bloomberg) -- Federal Reserve Governor Lael Brainard was interviewed for the top job at the U.S. central bank when she visited the White House last week, according to people...

(Bloomberg) -- President Joe Biden returned to the U.S. from summits in Europe with his economic agenda still stuck in Congress and his party’s political fortunes darkened by an...

(Bloomberg) -- House Democrats aren’t planning to include a measure raising the U.S. debt ceiling as part of President Joe Biden’s estimated $1.75 trillion tax-and-social-spending...

(Bloomberg) -- President Joe Biden warned House Democrats in a private meeting Thursday at the Capitol that his presidency and their own political fortunes depend on them passing...

(Bloomberg) -- House Speaker Nancy Pelosi said Tuesday that Democrats are at a decision point on what will be included and what will be left out of their economic agenda in order...

(Bloomberg) -- President Joe Biden conferred Friday morning with House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer as Democrats struggle toward agreement on the...

(Bloomberg) -- The move by Democrats to shrink President Joe Biden’s vision for the economy into a smaller package is turning to a debate over whether key benefits should be...

(Bloomberg) -- Senate Majority Leader Mitch McConnell found himself this week in the unenviable position of begging for votes from within his own caucus. The shrewd partisan...

(Bloomberg) -- Senator Elizabeth Warren called on the Securities and Exchange Commission to investigate whether stock transactions by top Federal Reserve officials violated insider...

(Bloomberg) -- House Speaker Nancy Pelosi said Thursday she’s pushing ahead with a vote on a bipartisan infrastructure bill despite threats from progressive Democrats to sink the...

(Bloomberg) -- Senate Democratic Leader Chuck Schumer ratcheted up pressure on Republicans in their feud over raising the national debt limit, announcing Thursday he will seek a...

(Bloomberg) -- Federal Reserve Bank of Dallas President Robert Kaplan will retire on Oct. 8 in the wake of embarrassing disclosures earlier this month about unusual trading...

(Bloomberg) -- A disagreement among European Union countries means a pivotal trade meeting with the U.S. this week will be narrower in scope than originally planned and the...

(Bloomberg) -- President Joe Biden urged Americans to have patience as Congress considers his multitrillion dollar plans to rebuild infrastructure and reshape the nation’s social...

(Bloomberg) -- House Ways and Means Chairman Richard Neal is urging House Speaker Nancy Pelosi to address expanding the federal deduction for state and local taxes at a meeting on...

(Bloomberg) -- House Democratic leaders plan a Monday vote on the Senate-passed infrastructure bill, a move that risks deepening divisions in their caucus and dooming President Joe...

(Bloomberg) -- House Democrats set up a Tuesday vote on a bill that would suspend the U.S. debt ceiling until after the 2022 congressional elections and temporarily fund the...

(Bloomberg) -- House Democrats will include a suspension of the U.S. debt ceiling in a must-pass spending bill needed to keep the government open past the end of this month, in a...

(Bloomberg) -- President Joe Biden is set to ratchet up pressure on congressional Democrats on Thursday, as discord within the party threatened to derail key pieces of his economic...

(Bloomberg) -- The architects of the sweeping regulatory legislation adopted after the financial crisis backed Jerome Powell for another term as Federal Reserve chair. Former...

(Bloomberg) -- House Democrats want to restrict the use of a prized private-equity tax break to help fund President Joe Biden’s economic agenda, but their proposal falls short of...

(Bloomberg) -- California enters next week’s historic recall election besieged by crises: massive wildfires, a drought forcing water rationing and a resurgent pandemic filling...

(Bloomberg) -- Two senior Democratic senators proposed a 2% tax on corporate stock buybacks in an effort to boost investment and reduce what they termed as tax avoidance. The plan,...

(Bloomberg) -- Democratic lawmakers are discussing a range of tax proposals targeting corporations and the wealthy -- including levies on stock buybacks, carbon emissions and...

(Bloomberg) -- Iran has nearly doubled its enrichment capacity dedicated to purifying uranium close to the levels required for nuclear weapons, signaling it won’t de-escalate its...

(Bloomberg) -- The U.S. Senate is prepared to pursue President Joe Biden’s plan to remake the economy, but an all-night voting session to approve the legislative vehicle to begin...