Banks Urges Senate Republicans to Be More Proworker Proamerican Industry
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‘Nuclear bomb’ ruling on car finance could spur UK bank deals
Consolidation is back on the agenda for industry as bankers eye more mergers and acquisitionsFinancial Times - 1d -
Senate Republicans push Trump for debt ceiling plan
The Louisiana senator has been tapped to consult with the president on a strategy for avoiding a federal default.Politico - 17h -
Senate Democrats leery of blocking GOP bill fear shutdown politics have changed
Senate Democrats are leery of blocking a House Republican-drafted six-month government funding bill, fearing that a government shutdown may backfire on them politically by giving Elon Musk and the ...The Hill - 15h -
USDA halts more than $1B in funding for local food banks, schools
The U.S. Department of Agriculture (USDA) says it has nixed more than $1 billion in funding for local food banks and schools by terminating two programs that aid state, tribal and territorial ...The Hill - 9h -
Lawmakers urge Trump administration to cancel owl-killing plan
A bipartisan group of lawmakers urge the Trump administration to scrap plans to kill more than 450,000 invasive barred owls in West Coast forests in coming decadesABC News - 1d -
Senate confirms Lori Chavez-DeRemer as Labor secretary
The Senate on Monday confirmed former Rep. Lori Chavez-DeRemer (R-Ore.) to lead the Department of Labor, cementing another of President Trump’s nominees in bipartisan fashion. Senators voted 67 to ...The Hill - 1d -
Top House Democrats press Senate colleagues to sink GOP spending bill
The top House Democrats are pressing their fellow party members in the Senate to kill the Republicans’ spending bill when it reaches the upper chamber, saying the proposal will hurt Americans ...The Hill - 2h -
A Skeptical G.O.P. Senator Makes His Peace With Kennedy
After voting to confirm Robert F. Kennedy Jr. as health secretary, Senator Bill Cassidy, a doctor and Republican of Louisiana, is embracing the “gestalt” of Kennedy’s measles response.The New York Times - 5d -
After House votes to avert shutdown, Senate Democrats face 'stark' choice
House Republicans passed a bill to fund the government through the end of September 2025. The measure now heads to the Senate, where Democrats face a "stark" choice.ABC News - 1h -
Health Secretary to Meet With Major Food Brand Executives
The White House has urged cabinet members to meet with industry leaders.Inc. - 2d -
Senate Republicans tell Musk to send his cuts to Congress
The DOGE chief was told that legislative action could enshrine his slashing.Politico - 6d -
Senate Republican says Musk ‘does not have the power to fire people’
Sen. Rick Scott (R-Fla.) said Sunday that tech billionaire Elon Musk “does not have the power to fire people.” "Elon Musk does not have the power to fire people. The president of the United States ...The Hill - 2d -
Here's why banks don't want the CFPB to disappear
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...NBC News - 1d -
Speaker Johnson looks to jam Senate Democrats with bill to avert shutdown
Before Speaker Mike Johnson (R-La.) can dare Senate Democrats to reject a Republican-crafted bill to avert an end-of-week shutdown, he has to pull off a feat: keeping his fractious, razor-thin ...The Hill - 15h -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - 7h -
Live updates: House sends funding bill to Senate; Ontario backs off power surcharge
Republicans in Congress are racing to pass a GOP stopgap funding bill by 11:59 p.m. Friday to avert a government shutdown. The House on Tuesday passed the measure 217-213, sending it to the Senate ...The Hill - 3h -
Vice President JD Vance urges GOP to fall in line as shutdown looms
House Republicans are slated to vote Tuesday on their spending bill that would fund the government at current levels through September 2025.ABC News - 6h -
SCOTUS rejects Republican-led effort to halt climate lawsuits in Dem-led states
The Supreme Court has rejected a lawsuit from Republican attorneys general in 19 states aimed at blocking climate change suits against the oil and gas industry from Democratic-led statesABC News - 1d -
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats
Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...The Hill - 2h -
House Republicans pass bill to avert government shutdown
The House on Tuesday passed a funding bill to avert an end-of-the-week government shutdown, teeing up the measure for consideration in the Senate. The chamber cleared the continuing resolution (CR) ...The Hill - 3h -
Senate GOP frets as Wall Street takes dip over tariffs, talk of recession
Senate Republicans expressed new worries about the economy Monday after Wall Street had one of its worst days in years amid a trade war and remarks from President Trump that did not rule out the ...The Hill - 15h -
Bipartisan pair of senators reintroduce bill to expand fentanyl testing in hospitals
The bill from Sens. Alex Padilla, D-Calif., and Jim Banks, R-Ind., is called “Tyler’s Law,” named after a California teenager who died following a fentanyl overdose.NBC News - 16h -
Senate confirms Lori Chavez-DeRemer as labor secretary in bipartisan vote
Democrats joined Republicans in confirming former GOP Rep. Lori Chavez-DeRemer as President Trump's labor secretary.CBS News - 1d -
Trump, With More Honey Than Vinegar, Cements an Iron Grip on Republicans
In his second term, President Trump is cultivating warm relationships with G.O.P. lawmakers — and using the implicit threat of ruining them if they stray — to keep them in line behind his agenda.The New York Times - 1d -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - 1d -
Republican Voters Support Medicaid but Want Work Requirements, Poll Finds
More than 60 percent of all voters — and 47 percent of Democrats — supported a work requirement for Medicaid, the country’s largest health insurance program.The New York Times - 4d -
McConnell criticizes and votes no on Trump Labor pick
Former Senate Republican Leader Mitch McConnell (Ky.) was one of three Senate Republicans to vote Monday against former Rep. Lori Chavez-DeRemer (R-Ore.), President Trump’s nominee to head the ...The Hill - 1d -
Nato urges EU and Turkey to deepen ties
Secretary-general Rutte urges European leaders to put aside differences with Ankara to boost security co-operationFinancial Times - 20h -
House GOP Passes Spending Bill to Avert Government Shutdown
Approval of the bill sent it to the Senate, where Republicans need the cooperation of several Democrats to move it past a filibuster and to passage before a midnight deadline on Friday.The New York Times - 2h -
Bourbon industry in crosshairs of U.S.-Canada trade war
Distilleries in the heart of America's bourbon industry are finding themselves in the crosshairs of a brewing trade war between the U.S. and Canada.NBC News - 2h -
What the world needs now is more fossil fuels, says Trump’s energy secretary
Chris Wright signals abandonment of Biden’s ‘irrational, quasi-religious’ climate policies at industry conference . The world needs more planet-heating fossil fuel, not less, Donald Trump ’s newly ...The Guardian - 1d -
Coinbase to make comeback in India as opposition to crypto eases
Central bank has long opposed digital coins but Modi government is now more open after Trump's endorsementFinancial Times - 15h -
Democrats ‘applying maximum hurt’ for ‘political gain’ in government funding fight: GOP lawmaker
President Trump is urging Republicans to support Speaker Mike Johnson’s short-term government funding bill. Rep. Tim Burchett (R-Tenn.) joins Meet the Press NOW to discuss the upcoming vote.NBC News - 4h -
‘We don’t believe in the velvet rope:' One money manager is giving retail investors access to private credit. But is it worth it?
The exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.CNBC - 3d -
Verizon and AT&T are seeing stock drops. Here’s what’s driving the selloff.
Verizon calls out a more competitive wireless industry — and that’s weighing on its shares, as well as those of its peers.MarketWatch - 1h -
UK growth push held back by poor Whitehall co-ordination, watchdog finds
National Audit Office says departments needs to work together more effectively on industrial strategyFinancial Times - 1h -
Jury is out on Rubio in Senate, as some lose faith
Some of Secretary of State Marco Rubio's former Democratic colleagues are already expressing regret over their votes in support of the former senator. But his boosters on both sides of the aisle ...The Hill - 2d -
Trump's FDA nominee faces Senate questions after agency layoffs and resignations
Dr. Marty Makary will answer questions from a Senate panel about his plans to lead the Food and Drug AdministrationABC News - 5d -
House funding vote puts Senate Democrats in a bind: From the Politics Desk
Senate Democrats are in a politically precarious position after the House passed a stopgap bill to avoid a government shutdown.NBC News - 2h -
Colombia urges UN to remove coca leaf from harmful substances list
Foreign minister says legalisation of main ingredient of cocaine is only way to stop drug trafficking and violence. Colombia , whose president, Gustavo Petro, is a vocal critic of the US-led war ...The Guardian - 1d