US appeals court rejects Biden’s bid to revive student debt plan

US appeals court rejects Biden's bid to revive student debt plan

Nov 30 (Reuters) – A federal appeals court on Wednesday declined to put on hold a Texas judge’s ruling that said President Joe Biden’s plan to cancel hundreds of billions of dollars in student loan debt was unlawful. The New Orleans-based 5th US Circuit Court of Appeals rejected the Biden administration’s request to pause a … Read more

US House Democrats elect Hakeem Jeffries as first Black party leader

US House Democrats elect Hakeem Jeffries as first Black party leader

WASHINGTON, Nov 30 (Reuters) – Hakeem Jeffries was unanimously elected on Wednesday to become the Democratic Party’s top leader in the US House of Representatives beginning in January, making him the first Black American to hold such a high-ranking position in Congress. The vote by Jeffries’ fellow Democrats also marked the rise of a younger … Read more

US Senate passes same-sex marriage protection bill

US Senate passes same-sex marriage protection bill

WASHINGTON, Nov 29 (Reuters) – The US Senate passed a bill on Tuesday that would protect federal recognition of same-sex marriage, a measure taken up in response to worries the Supreme Court could overturn a 2015 decision that legalized it nationwide. The narrowly tailored bill, which would require the federal government to recognize a marriage … Read more

Democrats weigh options after Supreme Court decision on Trump taxes

Democrats weigh options after Supreme Court decision on Trump taxes

WASHINGTON, Nov 23 (Reuters) – US congressional Democrats on Wednesday grappled with the daunting task of reviewing six years of former President Donald Trump’s tax returns as Republicans prepared to take control of the House of Representatives in less than six weeks. Members of the Democratic-led House Ways and Means Committee said they hope to … Read more

Republicans identify 42 Biden administration officials they want to testify

Republicans identify 42 Biden administration officials they want to testify

WASHINGTON, Nov 18 (Reuters) – Republicans in the US House of Representatives on Friday identified 42 employees from Democratic President Joe Biden’s White House and administration, who they expect to testify next year after their party takes control of the chamber. In Nov. 18 letters to White House Chief of Staff Ron Klain and other … Read more

Pelosi to step down from US House leadership, passing to a new generation

Pelosi to step down from US House leadership, passing to a new generation

Pelosi to remain in the House but not in the leadership In 35 years in the House, she has twice served as speaker Pelosi allies rally around Jeffries as successor WASHINGTON, Nov 17 (Reuters) – Nancy Pelosi, the trailblazing Democrat who as the first woman US House of Representatives speaker shepherded landmark legislation and led … Read more

Hakeem Jeffries favored to lead US House Democrats after Pelosi exit

Hakeem Jeffries favored to lead US House Democrats after Pelosi exit

WASHINGTON, Nov 17 (Reuters) – US House of Representatives Speaker Nancy Pelosi’s decision to step down from her leadership role after her fellow Democrats lost their majority in last week’s midterm elections positions Hakeem Jeffries – a liberal congressman from New York – as a likely top contender to lead the party for the next … Read more

Republicans win US House majority, setting stage for divided government

Republicans win US House majority, setting stage for divided government

WASHINGTON, Nov 16 (Reuters) – Republicans were projected to win a majority in the US House of Representatives on Wednesday, setting the stage for two years of divided government as President Joe Biden’s Democratic Party held control of the Senate. The victory gives Republicans the power to rein in Biden’s agenda, as well as to … Read more

Trump’s 2024 presidential bid a fresh wrinkle for markets

Trump's 2024 presidential bid a fresh wrinkle for markets

NEW YORK, Nov 16 (Reuters) – Former President Donald Trump’s entry on Tuesday into the 2024 presidential race confirmed the world’s “worst kept secret” and created another variable for markets that some investors say remains a low priority for now. Trump, who has mounted relentless attacks on the integrity of US voting since his 2020 … Read more

Republicans on verge of US House majority in midterm elections

Republicans on verge of US House majority in midterm elections

WASHINGTON, Nov 15 (Reuters) – Republicans on Tuesday were edging closer to majority control of the US House of Representatives, a midterm victory tempered by the unexpectedly narrow margin they will hold over Democrats as they usher in two years of divided government. Republicans so far have won 216 seats in the 435-member chamber, Edison … Read more