U.S. Senate Aims to Pass Governments Funding, Ukraine Aid Bill on Thursday -Schumer

WASHINGTON, March 10 (Reuters) - U.S. Senate Majority Leader Chuck Schumer on Thursday pushed for quick passage of a $1.5 trillion bill providing emergency aid to Ukraine and funding the government through Sept. 30 that would avoid government agency shutdowns at the end of this week. "Once this bill arrives at the Senate (from the House of…

ByReutersMarch 10, 2022

International Politics

Why Zelenskyy’s ‘Selfie Videos’ are Helping Ukraine Win the PR War Against Russia

It seems straight out of an action movie: As the capital city becomes a war zone, the defiant president looks into the camera and delivers a clear and compelling message: “I am here. We will not lay down any weapons.” That’s exactly what Ukrainian President and onetime actor Volodymyr Zelenskyy did on Feb. 25, 2022,…

ByReutersMarch 6, 2022

International Politics

Punishing Putin: How Biden Could Cut Russia Off From World Tech

WASHINGTON, Feb 22 (Reuters) - If Russia further invades Ukraine, the Biden administration could deprive it of a vast swath of low- and high-tech U.S. and foreign-made goods, from commercial electronics and computers to semiconductors and aircraft parts, people familiar with the matter told Reuters. President Joe Biden would achieve that by requiring that companies seeking to…

ByReutersFebruary 23, 2022

Politics

Biden’s Fed Nominees in Limbo After Republican Vote Boycott

Feb 15 (Reuters) - U.S. Senate action on President Joe Biden's five nominees to the Federal Reserve stalled Tuesday after Republicans boycotted a key vote over objections to Sarah Bloom Raskin, the White House's pick to be the central bank's Wall Street regulator. Senate Banking Committee Chair Sherrod Brown delayed a vote on the slate, which includes…

ByReutersFebruary 17, 2022

Economy Politics

U.S. Senate Republican Leader McConnell to Meet With Fed’s Powell on Inflation

WASHINGTON, Feb 15 (Reuters) - U.S. Senate Republican leader Mitch McConnell said he planned to meet with Federal Reserve Chair Jerome Powell on Tuesday to discuss inflation and the U.S. economy. "I look forward to discussing inflation and the state of our economy with Chairman Powell this afternoon," McConnell said in a Senate speech. "His creative leadership…

ByReutersFebruary 15, 2022

Politics

The American Innovation and Choice Online Act, Good or Bad News for American Consumers?

A recent blog post by Aurelien Portuese, director of antitrust and innovation policy at the Information Technology and Innovation Foundation (ITIF) focuses on some of the setbacks the American Innovation and Choice Online Act (AICO) poses for American consumers and businesses. The bill is set to be considered by the Senate Judiciary later this week…

ByFinance Capitol StaffJanuary 18, 2022

Economy Politics

Biden Considers Raskin as Top Fed Banking Regulator

Dec 28 (Reuters) - U.S. President Joe Biden is considering Sarah Bloom Raskin for a top role at the Federal Reserve as part of a slate of three nominees for central bank board seats, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The White House could not be immediately reached…

ByReutersDecember 28, 2021

Politics

U.S. Senate Readies Vote on Debt-limit Hike, Averting Default Risk

WASHINGTON, Dec 14 (Reuters) - The U.S. Senate is expected to vote on Tuesday to raise the federal government's $28.9 trillion debt limit and forward the measure to the House of Representatives for final passage, to avoid an unprecedented default. Both Democratic and Republican aides said the Senate was expected to vote on passage later…

ByReutersDecember 16, 2021

International Politics

Biden and Putin Head Into Ukraine Talks With Scant Room for Compromise

MOSCOW/WASHINGTON, Dec 6 (Reuters) - Presidents Joe Biden and Vladimir Putin have a chasm of mutual distrust to bridge when they hold a virtual meeting on Tuesday in the shadow of what the United States believes is a threatened Russian invasion of Ukraine. "A lamentable state," was how the Kremlin described relations ahead of the…

ByReutersDecember 7, 2021

Politics

U.S. Justice Department Sues Texas Over Redistricting

WASHINGTON, Dec 6 (Reuters) - The U.S. Justice Department filed a lawsuit against Texas on Monday alleging the state violated the Voting Rights Act by creating redistricting plans that discriminate against minority voters, Attorney General Merrick Garland said. (Reporting by Sarah N. Lynch and Doina Chiacu;)

ByReutersDecember 7, 2021

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