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Politics Barack Obama

  • Ranking member Jim McCrery, R-La., during the House Ways and Means markup of an $11.1 billion package of tax incentives aimed at reviving the housing market and aiding low-income renters.

    Jim McCrery watched as Republican House members stumbled to reduce the number of Americans without insurance while preserving his party values.

  • WASHINGTON, March 27- Following the failure of a healthcare bill backed by President Donald Trump, his administration plans to take a lead role in crafting major legislation to cut taxes with an eye toward meeting an August target date, the White House said on Monday. "Obviously, we're driving the train on this," White House spokesman Sean Spicer told a briefing.

  • Jared Kushner, senior White House adviser

    The panel wants to ask Kushner about two meetings arranged with Russian Ambassador Sergei Kislyak at Trump Tower in New York in December.

  • Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016.

    Since Trump was elected with help from Icahn's $200,000 in contributions to Republican causes, CVR energy's stock has gone up. The New York Times reports.

  • NEW YORK, March 27- U.S. long-dated Treasury yields dropped to one-month lows on Monday, weighed down by growing doubts about the Trump administration's ability to deliver on its campaign promise to bolster the economy. President Donald Trump suffered a major political setback on Friday when fellow Republicans pulled their healthcare plan after years of...

  • A mystery rooted in Trump's claim that he was wiretapped by then-President Barack Obama during the 2016 election campaign deepens with the disclosure that a top congressional Republican reviewed classified information about the charge on the White House grounds. Trump will announce that Kushner will oversee a broad effort to overhaul the federal...

  • March 27- Shares in U.S. banks led broader market losses on Monday as the failure of the Republican's healthcare bill intensified investor doubts whether President Donald Trump would be able to deliver on his pro-business policy promises. The S&P bank subsector index fell as much as 2.5 percent on Monday after falling 5.9 percent in the last 6 sessions as it...

  • March 27- U.S. stocks slid on Monday amid concerns that Republican President Donald Trump may struggle to push a sweeping overhaul of the tax code through Congress in the wake of his party's failure last week to pass broad healthcare legislation. The White House has sought to refocus attention on that part of Trump's agenda since the collapse on Friday of a...

  • NEW YORK— Secretary of State Rex Tillerson, who has famously declared himself "not a big media press access person," isn't alone in President Donald Trump's Cabinet. Education Secretary Betsy DeVos and Transportation Secretary Elaine Cho, both with extensive private sector backgrounds, have similarly been press-averse at the beginning of their tenures.

  • The Paris Agreement requires consensus for all decisions, meaning the withdrawal of a recalcitrant United States would make it easier for emitters such as China and the European Union to design details of a trillion-dollar shift from fossil fuels. In a step to undo environmental regulations introduced under former President Barack Obama, Trump will sign an...

  • NEW YORK, March 27- U.S. long-dated Treasury yields fell to one-month lows on Monday, weighed down by growing uncertainty about whether the Trump administration could deliver on its campaign promise to bolster the economy. There is disappointment over the inability to pass the reform of Obamacare, "said Gennadiy Goldberg, interest rates strategist at TD...

  • BlackRock signage above building entrance in New York.

    President Trump’s review of the controversial law has prompted calls for a postponement, The Financial Times reports.

  • Delegates hold signs that read 'Trump Digs Coal' on the second day of the Republican National Convention on July 19, 2016 at the Quicken Loans Arena in Cleveland, Ohio.

    President Donald Trump will sign an order on Tuesday aimed at making it easier for companies to produce energy in the U.S., administration officials said.

  • LONDON— President Donald Trump's failure to reform U.S. health care, his first legislative setback since entering the White House in January, weighed on global stock markets Monday, with many investors cautious about his ability to deliver on other campaign promises, such as tax cuts and big infrastructure spending. KEEPING SCORE: In Europe, Britain's FTSE 200...

  • SEOUL, South Korea— Asian stocks got off to a weak start on Monday as caution among investors prevailed with lingering doubts about the future policy agenda of the new U.S. administration following the health care reform failure. Stocks in Singapore and other Southeast Asian countries were lower. ANALYST'S VIEWPOINT: "For Asian markets, a turbulent start to the...

  • Pence's message on Saturday comes after the GOP effort to repeal Barack Obama's health care law failed to gather enough Republican support to come to a vote in the House. On Saturday in the West Virginia community of Scott Depot, Pence said Congress just wasn't ready and that it's "back to the drawing board. The president has responded to the failure of the GOP...

  • "Working with this Congress, President Trump is going to pass the largest tax cut since the days of Ronald Reagan, and we're going to get this American economy moving again," he said. Pence made his comments the day after the Republican-controlled House of Representatives failed to find enough support within its own ranks to pass legislation to roll back...

  • A homeless man sleeps under an American Flag blanket on a park bench on September 10, 2013 in the Brooklyn borough of New York City.

    The idea of a universal basic income is nothing new, but now more people are beginning to consider its feasibility in the U.S.

  • President Donald Trump pauses as he speaks from the Oval Office of the White House in Washington, DC, on March 24, 2017.

    There are numerous risks for President Trump's agenda now that the GOP health-care bill is dead, analysts say.

  • WASHINGTON— House Republicans' failure to repeal Barack Obama's health care law deals a serious blow to another big part of President Donald Trump's agenda: tax reform. Trump and House Speaker Paul Ryan, R- Wis., say they will soon turn their attention to the first major re-write of the tax code in more than 30 years. The GOP health plan would have repealed nearly $1...