Politics News

(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 Richard Cowan and Diane Bartz WASHINGTON (Reuters) -Democrats in Congress, accusing oil companies of gouging and profiteering that has raised gasoline prices, on Thursday...

WASHINGTON (Reuters) -Republican lawmakers welcomed news that billionaire Elon Musk, who calls himself a free speech absolutist, was purchasing Twitter Inc (NYSE:TWTR), but...

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...

By David Shepardson WASHINGTON (Reuters) -The U.S. Senate Commerce Committee is set to vote Feb. 2 on nominees to head the auto safety agency and to open seats on the Federal...

By Valerie Volcovici WASHINGTON (Reuters) - The world is "not on a good track" to meet a global goal to avoid the worst impacts of climate change and must intensify efforts to...

(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...

By David Shepardson WASHINGTON (Reuters) -President Joe Biden's nominee to serve as the top auto safety regulator will vow to address the massive increase in U.S. road deaths,...

(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...

By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) -The Biden administration is not considering a ban on U.S. oil exports to try to lower gasoline prices, a source familiar...

(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...

By Patricia Zengerle and Richard Cowan WASHINGTON (Reuters) -The U.S. Senate blocked the National Defense Authorization Act on Monday amid objections from Republicans and some...

(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...

(Reuters) -President Joe Biden's administration should tap into emergency petroleum reserves to lower rising gasoline prices as Americans go into the holiday season, Senate...

(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...

By David Shepardson WASHINGTON (Reuters) -Democrats in the U.S. House of Representatives released an updated social spending and climate measure on Wednesday that expands a...

(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...