Politics Mitch McConnell

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  • Ronna Rice, CEO of a Greeley, Colorado honey company that ships its sweet product as far as Japan, South Korea and China, will be one of 23 guests in the First Lady's box to hear the speech in person. Inviting Americans whose stories bring to life the priorities of the White House has long been part of the annual State of the Union ritual. As Obama pushes in his last year in...

  • WASHINGTON, Jan 8- The U.S. House of Representatives' top tax writer wants a vote this year on legislation moving the United States to a territorial-style tax system aimed at exempting the earnings of American companies abroad from U.S. taxation. International tax reform should be tackled as the first step toward a bigger rewrite of the U.S. tax code that would...

  • WASHINGTON, Jan 8- The U.S. House of Representatives' top tax writer wants a vote this year on legislation moving the United States to a territorial-style tax system aimed at exempting the earnings of American companies abroad from U.S. taxation. International tax reform should be tackled as the first step toward a bigger rewrite of the U.S. tax code that would...

  • U.S. lawmakers, meanwhile, were uncharacteristically silent about a further deterioration in the value of China's currency, after the yuan fell for an eighth day on investor fears about China's economy. China last year gave markets a greater role in determining the yuan's value, a shift welcomed by the International Monetary Fund and others that have urged the...

  • Long-simmering tension over whether China manipulates its currency for trade advantage could heat up again, but the yuan's slide this week appeared driven by market doubts about Chinese economic growth, not active devaluation by Chinese officials. China last year moved to let markets play a greater role in determining the yuan's value, a policy shift...

  • Senator Robert Casey of Pennsylvania, the top Democrat on the children and families subcommittee, is calling for oversight hearings, in part to understand why a longstanding federal law directing states to safeguard the newborns is not being enforced. Another Democrat, Senator Charles Schumer of New York, wants the Obama Administration to put "an emergency...

  • OTTAWA/ WASHINGTON, Dec 16- Canada is set to hold back on ratifying a key Asia-Pacific trade treaty, a move that would assuage critics but might hamper Washington's bid to build domestic support for the deal, according to sources close to the talks. Canada is one of 12 nations that initialed the Trans-Pacific Partnership in early October, agreeing in principle to...

  • WASHINGTON, Dec 15- The White House said on Tuesday it was optimistic Congress would back the Trans-Pacific Partnership trade pact "in timely fashion" and that it will work with Republican congressional leaders to that end. "We continue to be optimistic that this is something that Congress can and should do in a timely fashion," White House spokesman Josh Earnest...

  • Lifting the 40- year ban on oil exports is the top priority in a $1.15 trillion spending bill for many Republicans, including Senate Majority Leader Mitch McConnell of Kentucky, because it would offer new markets to drillers suffering from a glut of crude that has helped reduce oil prices to below $40 a barrel. Hatch was unable to guarantee that Congress will be...

  • WASHINGTON, Dec 14- Congressional leaders inched closer on Monday to agreeing to repeal the U.S. oil export ban with debate focused on whether small crude refiners and renewable energy would benefit from any deal, Senate aides said. Lifting the 40- year ban on oil exports is the top priority in a $1.15 trillion spending bill for many Republicans, including Senate...

  • U.S. Capitol in Washington, D.C.

    Congressional negotiators edged closer to a historic deal to lift a 40-year-old ban on U.S. crude oil exports as part of a government spending bill.

  • WASHINGTON, Dec 8- The Republican leader in the U.S. Senate said on Tuesday he has told lawmakers to plan to work this weekend to wrap up legislation to fund the government and extend expiring tax provisions.

  • Congress was spurred in part by a 2001 Washington Post investigation of flaws in the District of Columbia's child protection system. Senator Mitch McConnell, a Republican from Kentucky. McConnell, the Senate majority leader, sponsored a bill signed into law this year that calls on the Department of Health and Human Services to examine what can be done to combat...

  • WASHINGTON, Dec 7- When Congress adopted the Keeping Children and Families Safe Act in 2003, the intent- spelled out in the law- was to ensure protection for drug-dependent newborns, not to punish mothers battling addiction. "If you're in a state where a report is made and social services are great, they're going to help this mom and get home health care, then that's...

  • Thousands of displaced Syrians, Iraqis and Afghan's wait in squalid conditions to enter at a reception center on the island of Lesbos on October 14, 2015 in Mitilini , Greece.

    House Speaker Ryan plans to introduce a bill to pause the U.S. refugee program amid conflict over the fate of Syrian migrants.

  • Paul Ryan

    The House is poised to vote on a two-year budget truce and Republicans are set to nominate Rep. Paul Ryan as the chamber's new speaker.

  • The building that houses the Export-Import Bank is shown in this photo.

    The move effectively bypasses House Financial Services Committee Chairman Jeb Hensarling, who has fought to close the U.S. Export-Import bank.

  • House Speaker John Boehner announces his resignation during a press conference on Capitol Hill September 25, 2015 in Washington, DC.

    The U.S. House of Representatives could attempt to pass legislation this month raising the amount the federal government is allowed to borrow.

  • Paul Ryan

    Making Paul Ryan speaker would solve a lot of problems. So what's the holdup?, asks Larry Kudlow.

  • Jack Welch and Donald Trump

    Donald Trump is looking more serious day by day, but "is he a winner? I don't know," Jack Welch tells CNBC.