Stocks opened lower on Friday after China said it will slap new tariffs on U.S. goods.US Marketsread more
Powell repeated his pledge Friday to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.The Fedread more
China says the new tariffs will begin Sept. 1 and Dec. 15. That's when President Trump's latest tariffs on Chinese goods are to take effect.Marketsread more
The idea came up as the White House brainstorms on ways to avoid a preelection economic slowdown, The Washington Post reports.US Economyread more
The Koch brothers financed one of the most influential political networks in the modern era. The sprawling political empire includes conservative and libertarian nonprofits...Politicsread more
At least three members of Facebook's Libra organization are considering leaving the operation due to intense regulatory scrutiny.Technologyread more
Google on Friday released a new set of community guidelines that are meant to crack down on what employees can say inside the company.Technologyread more
Emails between Facebook employees from 2015 illustrate early actions the company took to investigate third-party use of their data.Technologyread more
Andrew McCabe filed a lawsuit alleging that his removal was part of a scheme by President Donald Trump to remove government employees "because they were not politically loyal...Politicsread more
Falling air cargo demand could be flashing warning signs about the broader economy.Transportationread more
Moulton was one of the few candidates not to make the debate stages in June and July.2020 Electionsread more
"If you want to depress [GOP voter] intensity, this is the No. 1 way to do it," the California Republican told colleagues in a closed meeting on Wednesday, the news outlet reported late Thursday.
McCarthy's stance has set him apart from House Speaker Paul Ryan, the Wisconsin Republican whom McCarthy wants to succeed as the top House Republican. Ryan wants to pass protections for the young undocumented immigrants before he leaves Congress at the end of his term in January, Politico said. McCarthy in part faces a tough political dynamic because he could need conservatives' support to win a bid for speaker.
Republicans aim to hold on to their House majority in November's midterm elections. Democrats need to gain 23 seats to take control of the chamber.
Spokespeople for both McCarthy and Ryan did not immediately respond to requests for comment.
Both men have opposed an effort by centrist House Republicans to force a vote on immigration. Twenty House Republicans have signed a so-called discharge petition, which would require a series of immigration votes if several more Republicans and all Democrats get behind it. Democrats are expected to support the effort.
Ryan and McCarthy met with President Donald Trump this week, and Ryan floated the idea of reopening negotiations on an immigration deal, Politico reported, citing several sources briefed on the meeting. Bipartisan negotiations flamed out earlier this year as Trump and conservative Republicans could not find common ground with Democrats and moderate GOP lawmakers on several demands. Democrats accused Trump of shifting in his demands throughout the talks.
Trump did not appear interested in starting up talks again when he met with Ryan and McCarthy, according to Politico.
Republican leaders are telling lawmakers who support the effort to force an immigration vote that they will bring immigration bills to the House floor next month, Politico separately reported.