Politics News

(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...

By David Shepardson WASHINGTON (Reuters) -U.S. Senator Marcio Rubio on Wednesday asked the Biden administration to investigate Ford Motor (NYSE:F) Co's plan to partner with PT...

(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...

Proactive Investors - President Biden asked for an opportunity to “finish the job” in a campaign video Tuesday morning, announcing his intentions to run for...

(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...

By Sheila Dang (Reuters) -Montana lawmakers on Friday passed a bill to ban popular short-form video app TikTok from operating in the state, the latest threat to the Chinese-owned...

(Bloomberg) -- House Republicans are considering a proposal that would kick the market-rattling debate over the US debt limit to 2024 — placing it right in the middle of a...

(Bloomberg) -- The US is not seeking to decouple its economy from China or limit the country’s growth, the Treasury’s top international official said on Monday. “We occasionally...

(Bloomberg) -- President Joe Biden’s trade chief said the US is working with allies to counter unfair competition from China, seeking to create new agreements that bolster American...

(Bloomberg) -- The US was given a “heads up” about the surprise OPEC+ announcement to slash oil production by more than 1 million barrels per day as officials in Washington sought...

(Bloomberg) -- The White House is holding the line that there will be no debt-limit negotiations with House Speaker Kevin McCarthy, dismissing the latest Republican gambit to draw...

(Bloomberg) -- Ajay Banga, the US pick to head the World Bank, appears almost certain to become the anti-poverty lender’s next president after nominations closed Wednesday with no...

(Bloomberg) -- A long term deal to raise the debt ceiling is increasingly out of reach as Speaker Kevin McCarthy amps up Republican demands for deep spending cuts in exchange for...

By Ketki Saxena  Investing.com – Editor's Note: This content is best viewed on Android or Desktop. Joe Biden is beginning his speech to the Canadian parliament, with Prime Minister...

(Bloomberg) -- TikTok CEO Shou Chew’s attempts to win over Congressional lawmakers Thursday failed. But the more crucial fight to prevent the short-video app from being punished or...