Politics

Tess Torelli January 20, 2018

Republicans are clamoring for the public release of a memo detailing alleged abuses of the Foreign Intelligence Surveillance Act (FISA) related to the special counsel’s investigation of potential Russian influence in the 2016 presidential election. “The House must immediately make public the memo prepared by the Intelligence Committee regarding the FBI and the Department of […]

Tess Torelli January 20, 2018

A House-passed stopgap bill that would avoid a government shutdown fizzled out in the Senate late Friday night, leaving Congress negotiating frantically as the midnight deadline to fund the government passed. The measure failed in a procedural vote by a 50 to 49 margin. Five Democrats — Joe Manchin of West Virginia, Joe Donnelly of […]

Tess Torelli January 20, 2018

Brendan Smialowski | AFP | Getty Images White House budget director Mick Mulvaney discusses the possible government shutdown on January 19, 2018 during a press briefing at the White House in Washington,DC. Fitch Ratings said on Friday its top AAA debt rating for the United States would not be directly impacted by a possible federal […]

Tess Torelli January 20, 2018

U.S. financial regulators have begun work on a proposal to “streamline” the Volcker Rule banning banks from making risky bets with their own money, the country’s top banking regulator said on Friday, in a development that will be cheered by banks that have long complained the rule is too onerous. Randal Quarles, vice chairman for […]

Tess Torelli January 20, 2018

Yuri Gripas | Reuters Secretary of State Rex Tillerson answers a question at the State Department in Washington, January 18, 2018. Iran will dominate many of U.S. Secretary of State Rex Tillerson’s conversations in Europe next week, when he is visiting London, Paris, Warsaw and Davos, Switzerland, a senior U.S. State Department official said on […]

Tess Torelli January 19, 2018

While lenders use government guidelines for mortgage approvals, the decision ultimately belongs to the lenders. That’s not the problem. As anyone who has applied for a mortgage learns the hard way, the application includes a big stack of paper documenting your financial status, including records like tax returns. In most cases, lenders want to verify […]

Tess Torelli January 19, 2018

Democrats insist that a long-term spending bill include a measure covering “Dreamers,” illegal immigrants brought to the country as children who were protected from deportation by former President Barack Obama’s Deferred Action for Childhood Arrivals (DACA) program. Republican President Donald Trump ordered DACA to end in March and asked Congress to come up with a […]