Senators Graham and McCain threaten to put Janet Yellen's Fed chair nomination on hold. CNBC's Tyler Mathisen reports the details.» Read More
WASHINGTON, Oct 16- U.S. Senate leaders struck a bipartisan 11th- hour deal to break the fiscal impasse on Wednesday, and the Republican-led House of Representatives agreed to take it up as Congress moved to avert a historic debt default. The timing of the House and Senate votes is unclear.
WASHINGTON, Oct 14- U.S. lawmakers urged President Barack Obama to keep to a hard line on sanctions imposed on Iran on Monday, a day before the resumption of talks on its nuclear program between world powers and Tehran.
Prominent leaders in the US Congress have recently signaled they will hold off on tough economic sanctions intended to completely cut off Iran's oil exports until after talks between Iran and the P5 +1 in Geneva later this month.
WASHINGTON, Oct 14- Nine Democratic and Republican U.S. senators said on Monday they were open to suspending the implementation of new sanctions on Iran but only if Tehran takes significant steps to slow its nuclear program.
WASHINGTON, Oct 13- Senate negotiations to bring a boiling fiscal crisis to an end showed signs of progress on Sunday, but there were no guarantees that the U.S. federal government shutdown was about to end or that a historic default would be avoided.
WASHINGTON, Oct 13- Senate Majority Harry Reid said Sunday that he was engaged in negotiations with Republican Minority Leader Mitch McConnell and was "confident" they could resolve the fiscal crisis confronting Washington. "We're in conversation today," Reid said on the Senate floor.
*Both Democrats and Republicans skeptical on Iran. *Iran seeks "consistent voice" from Washington. WASHINGTON, Sept 25- After balking at President Barack Obama's plan to attack Syria, the U.S. Congress is also stirring in opposition to his latest foreign policy goal: an effort to improve relations with Iran.
*Must yield to Senate vote later in the day. Republican Senator Ted Cruz slogged into the second day of his marathon attack on Obamacare from the Senate floor on Wednesday, showing almost no signs of relenting after speaking for nearly 16 hours.
*Iran seeks' consistent voice "from Washington. WASHINGTON, Sept 25- After balking at President Barack Obama's plan to attack Syria, the U.S. Congress is also stirring in opposition to his latest foreign policy goal: an effort to improve relations with Iran.
*Must yield to Senate vote later in the day. Senator Ted Cruz began on Wednesday the second day of a marathon attack on Obamacare from the Senate floor, but most of his fellow Republicans declined to join the Tea Party favorite.
Senator Ted Cruz, a renegade Tea Party favorite, took his fight to defund President Barack Obama's healthcare overhaul to the Senate floor on Tuesday, but most of his Republican colleagues refused to join him.
WASHINGTON, Sept 24- There are signs that the conservative Tea Party movement has pushed other Republicans in the U.S. Congress too far and that a counter-revolt may be brewing.
WASHINGTON, Sept 24- U.S. Senate Republicans on Tuesday appeared to fall in line with their leaders who want to pass an emergency spending bill by Sept. 30 and avoid government shutdowns, even if it means failing in a drive to destroy "Obamacare."
WASHINGTON, Aug 27- President Barack Obama will likely have to contend with Democratic defections and bring some Republicans on board to support Lawrence Summers if he chooses the controversial former Treasury secretary as the next chairman of the Federal Reserve.
*But punishing Egypt could be counter-productive. PARIS, Aug 15- Having failed to dissuade Egypt's military-dominated rulers from launching a bloody crackdown on supporters of an ousted Islamist president, Western governments are venting condemnation and groping for ways to influence the outcome.
Obama and Congress face two fiscal deadlines in quick succession. And in early November, Congress must raise the legal limit on the country's borrowing authority or risk an unprecedented default on the government's debt, a much more consequential event than a shutdown because of its potential to cause chaos in financial markets and harm the economy.
WASHINGTON, July 25- Republicans in the U.S. Senate want to make sure the federal government does not become involved in the financial maelstrom hitting Detroit, which filed for the largest municipal bankruptcy in U.S. history last week. "Should the federal government bail out Detroit?
WASHINGTON, July 19- Two U.S. senators asked President Barack Obama on Friday to consider recommending a different location for the September G20 summit in St. Petersburg if Russia does not hand over fugitive former spy agency contractor Edward Snowden.
*Backers gear up for August campaign. Senator John McCain said on Thursday that he and other backers of immigration reform "are not winning," and must boost efforts to get the House of Representatives to pass such a bill. "Here is a fact: We are not winning," the Arizona Republican told reporters. "
*Backers gear up for August campaign. Senator John McCain admitted on Thursday that he and other backers of immigration reform "are not winning," and must boost efforts to get the House of Representatives to pass such a bill. "Here is a fact: We are not winning," the Arizona Republican told reporters. "