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Business Kevin McCarthy

  • Ways and Means chairman Rep. Kevin Brady, R-Texas, conducts a news conference on issues including the GOP's tax reform bill, in the House studio after a meeting of the GOP Conference on April 17, 2018.

    The White House and some prominent GOP lawmakers want to roll out a second package of tax cuts this summer, building from the tax law President Trump signed last year, according to The Hill.

  • Rep. McCarthy: No one wins a trade war but we can have a discussion

    Rep. Kevin McCarthy (R-Calf.) discusses the G-7 summit and tariffs on steel and aluminum.

  • President Donald Trump speaks during a roundtable on immigration and the gang MS-13 at the Morrelly Homeland Security Center in Bethpage, New York, May 23, 2018.

    Trump's comments come as centrist House Republicans are pushing for a vote on immigration bills.

  • House Speaker Paul Ryan (R-WI)

    Centrist House Republicans and conservative GOP lawmakers are pushing for a vote on separate proposals.

  • Rep. Jim Jordan

    Jordan, a leading member of the House Freedom Caucus, has privately been courting lawmakers about throwing his hat into the ring for House speaker.

  • Freedom Caucus lawmakers warned Republican leaders on Thursday that they should delay the farm bill vote until they were given the chance to debate and vote on a conservative immigration bill. House Speaker Paul Ryan and Majority Leader Kevin McCarthy were seen on the floor of the chamber negotiating with Freedom Caucus lawmakers as the farm bill vote was...

  • Then-president-elect Donald Trump shakes the hand of Peter Thiel during a meeting with technology executives at Trump Tower, December 14, 2016 in New York City.

    Top White House officials, including Jared Kushner, have given Thiel the cold shoulder, sources tell CNBC.

  • WASHINGTON, May 16- U.S. House of Representatives Speaker Paul Ryan sought to head off revolts on Wednesday from the right and center of his Republican Party as lawmakers battled over legislation that would protect young illegal immigrants from deportation. Ryan said he was working with the White House on a measure that would win President Donald Trump's...

  • WASHINGTON, May 15- The U.S. House of Representatives will vote next Tuesday on a bill that would relax regulations introduced after the 2007-2009 financial crisis, two congressional sources said. The Senate approved the measure in March, where it garnered support from Republicans and moderate Democrats. House Republican leaders agreed to move on the bill...

  • WASHINGTON, May 8- The U.S. House of Representatives will soon take up a bill easing banking rules adopted after the decade-old global financial crisis, House Speaker Paul Ryan said on Tuesday. The Senate voted 67-32 in March to endorse a bipartisan bill that would ease oversight of small and mid-sized banks, the first rewrite of the Dodd-Frank reform law enacted...

  • President Donald Trump will request a package of $15 billion in spending cuts from Congress on Tuesday, including some $7 billion from the Children's Health Insurance Program championed by Democrats, senior administration officials said on Monday. The proposal comes as the White House and conservative Republicans in the U.S. Congress were edging away from...

  • WASHINGTON, May 7- President Donald Trump and conservative Republicans in the U.S. Congress were edging away on Monday from a threat to pick a new budget fight with Democrats, with the White House expected to propose spending cuts much less severe than previously planned. The White House scheduled a briefing on the plan for reporters later on Monday.

  • WASHINGTON, May 7- President Donald Trump and conservative Republicans in the U.S. Congress were edging away on Monday from a threat to pick a new budget fight with Democrats, with the White House expected to propose spending cuts much less severe than previously planned. The White House scheduled a briefing on the plan for reporters later on Monday.

  • WASHINGTON, May 7- President Donald Trump and conservative Republicans in the U.S. Congress were edging away on Monday from a threat to pick a new budget fight with Democrats, with the White House expected to propose spending cuts much less severe than previously planned. The White House scheduled a briefing on the plan for reporters later on Monday.

  • While the money is modest compared with that donated by fossil fuel interests, the support provides GOP candidates with added credibility on clean energy, an issue polling shows swing voters care about. "We support those leaders who share our vision," said Arthur Haubenstock, vice president of policy and strategy at 8 minutenergy Renewables LLC, a California-...

  • The Senate voted 67-32 last month in favor of a bipartisan bill that would ease oversight of small and mid-sized banks. House Republicans have stalled voting on the Senate bill on the grounds that additional provisions should be included to further lower the regulatory burden on banks and make it easier for small companies to raise capital.

  • LOS ANGELES, April 30- The windfall gains from the tax cuts passed by the U.S. Congress in December have brought back "animal spirits" that encourage risk-taking throughout Corporate America, according to some of the participants at the annual Milken Institute Global Conference in California on Monday. Tax reform in the United States has led to, frankly, a number...

  • Last month the Senate voted 67-32 in favor of a bipartisan bill that would ease oversight of small and mid-sized banks. House Republicans have stalled voting on the Senate bill on the grounds that additional provisions should be included to further lower the regulatory burden on banks and to make it easier for small companies to raise capital.

  • WASHINGTON, April 25- The Trump administration is preparing to submit to the U.S. Congress up to $25 billion in immediate spending cuts, including possible reductions to social safety net programs, lawmakers said on Wednesday, in a move that could upend a budget deal enacted last month. The White House plan, which has not yet been unveiled, would call on Congress to...

  • WASHINGTON, April 22- Congress needs to consider rolling back the spending deal that U.S. White House legislative director Marc Short said the spending bill, which ran to more than 2,000 pages, was rushed into place to avoid a government shutdown. "Nobody saw the text of the bill within 24 hours, because the process in Congress is broken," Short told NBC's "Meet the...