The EU opened a formal investigation into Amazon on Wednesday centered on how the e-commerce giant uses merchants' data.Technologyread more
Analysts and investors are keen to find out how looming interest rate cuts will impact the second biggest U.S. lender by assets.Financeread more
IAC is set to invest $250 million in Turo, a peer-to-peer car-sharing firm that is often referred to as the "Airbnb for cars."Technologyread more
U.S. officials see the deal as a threat to NATO, for which Turkey provides the second-largest military.World Politicsread more
Google's services have been blocked in China for several years, but the company still has a business there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
China may have signaled it's going more hard-line on trade, but it could be a good thing, former U.S. negotiator Clete Willems told CNBC.World Economyread more
Support for U.S. President Donald Trump increased slightly among Republicans after he lashed out on Twitter over the weekend in a racially charged attack on four minority...Politicsread more
While the vote served as a show of solidarity for Democrats, it recommended no substantive penalty against Trump.Politicsread more
Barney Frank, former chairman of the House Financial Services Committee, says that significant progress has been made to reduce the amount of imprudent household lending in...Invest in You: Ready. Set. Grow.read more
Facebook's cryptocurrency project has already been met with skepticism from policymakers around the world.Technologyread more
United's Optum is launching a new partnership with John Muir Health aimed at helping the small northern California hospital operator become more competitive with its larger...Health and Scienceread more
Robert Mueller will publicly testify before two House committees next month about his probe into Russian efforts to interfere in the 2016 election.
House Judiciary Committee Chairman Jerry Nadler, D-N.Y., and House Intelligence Committee Chairman Adam Schiff, D-Calif., announced the July 17 testimony on Tuesday night. They said they issued subpoenas to bring Mueller, the special counsel who oversaw the Justice Department's investigation, before the House.
"Americans have demanded to hear directly from the Special Counsel so they can understand what he and his team examined, uncovered, and determined about Russia's attack on our democracy, the Trump campaign's acceptance and use of that help, and President Trump and his associates' obstruction of the investigation into that attack," the two lawmakers said in a joint statement. "We look forward to hearing his testimony, as do all Americans."
Mueller's public appearance will bring a spectacle rarely seen during the nearly two-year investigation that ended in March. The special counsel avoided public comment on the probe until the release of a redacted, more than 400-page report detailing Russia's efforts to influence the election and instances of President Donald Trump potentially trying to derail the investigation. Mueller then gave remarks to reporters last month, reinforcing the report's findings and saying he would not speak any more about it publicly.
Attorney General William Barr and former Deputy Attorney General Rod Rosenstein declined to charge the president with obstruction of justice earlier this year. Still, some lawmakers and legal experts saw Mueller's report as laying out a case for Congress to pursue obstruction charges.
In a statement to NBC News, Trump personal attorney Jay Sekulow stressed that Mueller previously noted he did not want to testify beyond his written summary of the investigation.
"Bob Mueller said his testimony was his report. We expect that his testimony will be his report," he said.
In a statement Tuesday night, Judiciary Committee ranking member Rep. Doug Collins, R-Ga., said he hoped the testimony would bring an end to "political gamesmanship."
"May this testimony bring to House Democrats the closure that the rest of America has enjoyed for months, and may it enable them to return to the business of legislating," he said.
Spokespeople for the White House and Mueller did not immediately respond to requests to comment.
Democrats have pushed for Mueller's public testimony for months. They have described it as an important step to understand the breadth of Trump's potential misconduct both during the election and since he took office.
Crucially, the testimony could force some Democrats to decide whether they want to start impeachment proceedings against the president. At least 77 House members — 76 Democrats and one Republican — support an impeachment inquiry, according to NBC News.
House Speaker Nancy Pelosi has opposed impeachment, calling it "divisive." Democrats have worried about political backlash as they try to defeat Trump and keep control of the House in the 2020 election.
— CNBC's Kevin Breuninger contributed to this report