President Trump’s second budget will cut $3 trillion in spending over the next 10 years, White House officials indicated Sunday night, but won’t be balanced.
President Donald Trump will unveil his second budget on Monday – seeking to make good on his promise to bolster military spending and requesting funds for infrastructure, construction of a wall along the border with Mexico and opioid treatment programs.
Bipartisan negotiators are looking at a plan that would pay for as little as 10 percent of President Trump’s border wall in exchange for legalizing 1.8 million illegal immigrant ‘Dreamers,’ one of the senators involved in the talks said Thursday night.
The Dow Jones industrial average plunged 1,033 points Thursday, its second-worst drop in history, extending its losses in the recent selloff to more than 10% and putting it officially into correction territory.
Congressional leaders were racing another government shutdown clock Thursday night, searching for votes to approve a budget deal that could set the stage for the biggest spending increase in U.S. history.
An FBI informant connected to the Uranium One controversy told three congressional committees in written testimony that Moscow routed millions of dollars to America with the expectation it would be used to benefit Bill Clinton’s charitable efforts while Secretary of State Hillary Clinton quarterbacked a ‘reset’ in US-Russian relations.
Congressional leaders have finally reached an agreement on a two-year deal that would lift budget caps on defense and domestic spending, Senate Majority Leader Mitch McConnell (R-KY) announced Wednesday afternoon.
The U.S. official in charge of protecting American elections from hacking says the Russians successfully penetrated the voter registration rolls of several U.S. states prior to the 2016 presidential election.
Christopher Steele, author of the infamous Trump-Russia dossier, misled the FBI into making false assertions to a judge to gain a wiretap on a Trump campaign volunteer, according to a Senate document released Tuesday evening.
The House voted Tuesday to avert another government shutdown, approving a bill to fund the military for the rest of the year and domestic operations for six more weeks, as all sides sounded optimistic about a broader deal.
House Republican leaders are grappling for a strategy to avert another government shutdown at midnight Thursday.
The Dow Jones industrial average plunged more than 1,100 points Monday. It was the worst loss for the financial markets in six and a half years.
Risk parity funds. Volatility-targeting programs. Statistical arbitrage. Sometimes the U.S. stock market seems like a giant science project, one that can quickly turn hazardous for its human inhabitants.
The economy added 200,000 new jobs and the unemployment rate held steady at 4.1 percent in January, the Department of Labor reported Friday, as job creation bounced back to a robust pace.
The House Intelligence Committee has released its controversial memo outlining alleged abuses of secret surveillance by the FBI and Justice Department in the Trump-Russia investigation. Here are some key points:
The economy is on track to put up blockbuster growth numbers in the first quarter, according to the latest forecast from the Atlanta Fed.
Over the strong objections of his own Justice Department, President Donald Trump will clear the way for the publication of a classified memo on the Russia investigation that Republicans say shows improper use of surveillance by the FBI, White House officials said Thursday.
U.S. oil production surpassed 10 million barrels a day in November for the first time in nearly 50 years, a milestone that underscores the growing dominance of the U.S. oil industry.
President Trump marked his first State of the Union address Tuesday with a call for concrete bipartisan achievements in the year ahead, using the momentous occasion to unveil an expansive infrastructure plan aimed at improving rural landscapes and major U.S. cities, while also emphasizing his desire for the swift enactment of immigration reform.
President Donald Trump may have been stymied on many fronts this past year, but in one of the most important areas – picking judges and getting them confirmed – he’s moving at an incredibly rapid pace, often despite Democratic opposition.