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Business John Thune

  • Orrin Hatch, chairman of the Finance Committee, confirmed late Tuesday he was revising the bill to include repeal of the insurance mandate "to help provide additional relief to low- and middle-income families." The surprise renewal of the failed effort to scrap the law's mandate came a day after President Donald Trump renewed pressure on GOP lawmakers to...

  • WASHINGTON, Nov 13- The U.S. Senate voted Monday to approve a senior Transportation Department nominee and advance another nomination, after Republicans accused Democrats of blocking some nominees to push for funding of a New York area infrastructure project. At least eight other Transportation Department nominations are pending and other jobs vacant,...

  • WASHINGTON, Nov 13- The U.S. Senate voted Monday to approve a senior Transportation Department nominee and advance another nomination, after Republicans accused Democrats of blocking some nominees to push for funding of a New York area infrastructure project. At least eight other Transportation Department nominations are pending and other jobs vacant,...

  • WASHINGTON, Nov 13- The U.S. Senate was set to vote on Monday to approve a senior Transportation Department nominee and advance another nomination, after Republicans accused Democrats of blocking some nominees to push for funding of a New York area infrastructure project. A spokesman for Senate Democratic Leader Chuck Schumer declined to comment, but a Senate...

  • Steve Mnuchin, U.S. Treasury Secretary, speaking at the New York Economic Club on Nov. 9th, 2017.

    Treasury Secretary Steven Mnuchin on Thursday said President Donald Trump will see a tax increase under the Republican proposal.

  • Sen. John Thune (R-SD)

    But Thune says the highlights of the Senate plan will be similar to House bill.

  • Sen. John Thune (R-SD)

    Sen. John Thune, (R-S.D.), Commerce Committee chair, provides highlights of the Senate's tax plan and weighs in on the outcome of Tuesday's election where Democrats took the governor's office in New Jersey and Virginia.

  • WASHINGTON, Nov 8- Former Yahoo Chief Executive Marissa Mayer apologized on Wednesday for two massive data breaches at the internet company, blaming Russian agents for at least one of them, at a hearing on the growing number of cyber attacks on major U.S. companies. "As CEO, these thefts occurred during my tenure, and I want to sincerely apologize to each and every one...

  • WASHINGTON, Nov 8- U.S. House of Representatives Speaker Paul Ryan on Wednesday left the door open to a possible delay in implementing a huge corporate tax cut, following a media report that his fellow Republicans in the Senate are exploring the option. Republicans in Congress are working on separate plans to give the U.S. tax code its biggest overhaul since the...

  • WASHINGTON, Nov 8- Former Yahoo Chief Executive Marissa Mayer apologized on Wednesday for two massive data breaches at the internet company, blaming Russian agents for at least one of them, at a hearing on the growing number of cyber attacks on major U.S. companies. "As CEO, these thefts occurred during my tenure, and I want to sincerely apologize to each and every one...

  • WASHINGTON, Nov 8- Former Yahoo Chief Executive Marissa Mayer apologized on Wednesday for a pair of massive data breaches at the internet company, blaming Russian agents, at a hearing on the growing number of cyber attacks involving major U.S. companies. "As CEO, these thefts occurred during my tenure, and I want to sincerely apologize to each and every one of our...

  • WASHINGTON— Former Yahoo CEO Marissa Mayer told lawmakers Wednesday that the threat from state-sponsored hackers has changed the playing field so dramatically that even the best-defended companies can fall victim. Mayer joined former and current CEOs of Equifax in testifying before a Senate committee examining recent data breaches that affected...

  • WASHINGTON, Nov 1- Former Yahoo Chief Executive Marissa Mayer and the current and former CEOs of Equifax Inc will testify before a U.S. Senate panel on Nov. 8 on two massive data breaches, the committee said Wednesday. Verizon Communications Inc, the largest U.S. wireless operator, acquired most of Yahoo Inc's assets in June. The Senate Commerce Committee said Mayer,...

  • WASHINGTON, Nov 1- The U.S. Senate Commerce Committee is expected to vote next week on a bipartisan proposal that would make it easier to penalize operators of websites that facilitate online sex trafficking, according to two sources familiar with the matter. A spokesman for Senator John Thune, who chairs the Senate Commerce Committee, declined to comment.

  • WASHINGTON, Nov 1- The U.S. Senate Commerce Committee is expected to vote next week on a bipartisan proposal that would make it easier to penalize operators of websites that facilitate online sex trafficking, according to two sources familiar with the matter. U.S. technology companies including Alphabet's Google and Facebook have long opposed legislation...

  • WASHINGTON, Oct 25- President Donald Trump launched a program on Wednesday to expand testing of drones to include flights over people, nighttime operations and flights out of sight of the operator, the White House said. The White House stopped short of proposing new regulations that would allow broader nationwide use of drones or any timetable for new...

  • President Donald Trump participates in a congressional listening session with GOP members in the White House February 16, 2017 in Washington, DC.

    President Donald Trump is planning lunch with GOP senators after sparring with several of them, as congressional Republicans turn to overhauling the tax code.

  • The Senate and the House of Representatives must agree on a fiscal year 2018 budget resolution for Republicans to meet their goal of enacting a tax bill and sending it to Trump for his signature by the end of this year. The budget resolution contains a legislative tool called reconciliation, which would enable Republicans, who control the 100- seat Senate by a...

  • Senate Health, Education, Labor and Pensions Committee Chairman Lamar Alexander (R) delivers opening remarks as ranking member Sen. Patty Murray (D-WA) listens during the confirmation hearing for Betsy DeVos, nominated to be the next Secretary of Education, in the Dirksen Senate Office Building on Capitol Hill January 17, 2017 in Washington, DC.

    A deal to stabilize Obamacare suffered major setbacks, with President Donald Trump now opposing it and senior Republicans speaking out against it.

  • The Senate and the House of Representatives must agree on a fiscal year 2018 budget resolution for Republicans to meet their goal of enacting a tax bill and sending it to Trump for his signature by the end of this year. The budget resolution contains a legislative tool called reconciliation, which would enable Republicans, who control the 100- seat Senate by a...