Politics News

(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...

(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...