×

Politics Barack Obama

  • The grueling U.S. Senate confirmation hearing for Supreme Court nominee Neil Gorsuch finishes on Thursday with the focus on whether he will gain the support of vulnerable Democratic senators who are up for re-election in 2018.. Two months after stepping down as former President Barack Obama's ambassador to Israel, Dan Shapiro sees some good in the initial...

  • NEW YORK, March 23- U.S. President Donald Trump faces a vote in the House of Representatives on a plan that would roll back the signature healthcare law of former President Barack Obama. There is a growing consensus of people who perhaps think that the healthcare bill might not pass, and maybe the market got a little ahead of itself with the expectations of what...

  • Speaker of the House Paul Ryan speaks to the media about the American Health Care Act at the Capitol in Washington, D.C., March 15, 2017.

    Rep. Ted Yoho tells CNBC he'd vote against the Republican health-care bill without more concessions to get rid of "a growing entitlement."

  • LONDON, March 23- Euro zone stocks and bonds rallied on Thursday as banks snapped up almost quarter of a trillion euros of interest-free European Central Bank cash in what the ECB hopes will be the last outing for one of its main crisis-fighting tools. The pan-European FTSEurofirst 300 rose 0.25 percent with Frankfurt, Paris and Milan up as much as 0.6 percent and...

  • The FTSEurofirst 300 barely budged as London, Frankfurt and Paris started flat and the pound fared better than most as the dollar began to muscle higher again in the currency markets. The history of these attacks, including those in France, Germany and Belgium last year as well those in London and Madrid more than 10 years ago, show little lasting impact on...

  • Rep. Adam Schiff (D-CA), ranking member of the House Permanent Select Committee on Intelligence, responds to committee chairman Devin Nunes's comments earlier in the day about incidental collection of communications relating to U.S. President Donald Trump during the period of the presidential transition March 22, 2017 in Washington, DC.

    The top Democrat on the House Intelligence Committee claimed that he has seen "more than circumstantial evidence" that associates of President Donald Trump colluded with Russia.

  • WASHINGTON— The GOP's long-promised legislation to repeal and replace "Obamacare" stood on the brink just hours before Republican leaders planned to put it on the House floor for a showdown vote. Short of support, GOP leaders looked to President Donald Trump to close the deal with a crucial bloc of conservatives, in the first major legislative test of his young...

  • And since 2000, most middle- and low-income families have seen their incomes drop, when inflation is taken into account, according to Census Bureau data. The GOP health bill exacerbates those disparities, according to a new report by the nonpartisan Tax Policy Center. On average, taxes would go down for families making more than $50,000 a year, while taxes would...

  • *Asia higher but markets edgy about U.S. growth prospects. European markets are poised for a stronger start, with financial spreadbetter CMC Markets expecting Britain's FTSE 100 to open 0.1 percent higher, Germany's DAX to be up 0.4 percent and France's CAC 40 to begin the day 0.2 percent higher. Having weakened as much as 0.4 percent a day earlier, sterling was...

  • *Asia higher but markets edgy about U.S. growth prospects. SINGAPORE, March 23- Asian stocks, taking some cues from a steady Wall Street, edged up on Thursday while the path for the dollar, which crawled up from a four-month low, remained clouded by concerns about the prospects for U.S. MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.2 percent.

  • With a vote on the bill possible as soon as Thursday, members of the House Freedom Caucus, a conservative Republican faction, said they had been negotiating alterations to the plan with the White House. "I can tell you that we're making great progress," Mark Meadows, chairman of the hardline conservative House Freedom Caucus, told reporters. Trump was to meet at the...

  • President Donald Trump and House of Representatives leaders pushed on Wednesday for votes for their plan to overhaul Obamacare and said they were making progress in their efforts to win over conservative Republicans who have demanded changes to the legislation. With a vote on the bill expected Thursday evening, members of the House Freedom Caucus, a...

  • With a vote on the bill scheduled for Thursday evening, members of the House Freedom Caucus, a conservative Republican faction, said they had been negotiating possible concessions from the White House. "I can tell you that we're making great progress," Mark Meadows, chairman of the Freedom Caucus, told reporters. Representative Steve King, a conservative who was...

  • *Asia higher but markets nervous about U.S. growth prospects. SINGAPORE, March 23- Asian stocks rose on Thursday, taking their cues from a Wall Street bounce, while the dollar crawled up from a four-month low but remains clouded by concerns about U.S. "Investors with a lot of cash used yesterday's downturn and the mornings weakness today as a buying opportunity," said...

  • WASHINGTON— The conservative Koch network is promising to spend millions of dollars to defeat the health care overhaul backed by President Donald Trump and top House Republicans. "The bill as it stands today is Obamacare 2.0," said James Davis, executive vice president of Freedom Partners, in a statement announcing the new fund. The organizations backed by...

  • DETROIT, March 22- The cost to implement tough fuel-efficiency standards for cars imposed by the Obama administration for the first half of the next decade could be up to 40 percent lower than previously estimated using existing conventional technologies, according to a report from a nonprofit group released on Wednesday. Instead of an average cost of $875...

  • The Senate began debate on Wednesday evening under a provision that allows Congress to repeal recently approved federal regulations. Earlier this month, the FCC temporarily blocked those rules from taking effect, a victory for internet providers such as AT&T Inc Comcast Corp and Verizon Communications Inc that had strongly opposed the measure.

  • The Senate will begin debate under a provision that allows Congress to repeal recently approved federal regulations, said Don Stewart, a spokesman for Senate Majority Leader Mitch McConnell. Earlier this month, the FCC temporarily blocked the Obama data security rules from taking effect, a victory for internet providers such as AT&T Inc Comcast Corp and...

  • Mark Meadows, who heads the conservative House Freedom Caucus, said after a White House meeting with Vice President Mike Pence that his group had more than enough members to stop the bill from passing, although he remained hopeful for potential changes to the legislation. White House spokesman Sean Spicer said the administration was optimistic, citing a...

  • WASHINGTON— The inspections regime put in place to closely monitor Iran's nuclear activity is in jeopardy unless the U.S. and other nations contribute more money, the head of the U.N.' s International Atomic Energy Agency said Wednesday. Republicans and Democrats in Congress have pushed back sharply on President Donald Trump's proposed cuts, an indication...