Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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Factbox: What happens in a U.S. government shutdown?
By Richard Cowan and Susan Cornwell and Amanda Becker and Richard Cowan and Susan Cornwell and Amanda Becker, ReutersIn shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep...
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Trump Tries to Sell Tax Reform to Democrats
By David Morgan, ReutersWASHINGTON (Reuters) - President Donald Trump intensified his efforts to sell Democrats on his tax reform plan on Wednesday even as Senate Republicans edged closer to passing a budget measure that...
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Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform
By David Morgan, ReutersWASHINGTON (Reuters) - U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump's hopes of signing sweeping tax reform...
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No Talk of Ousting Speaker Ryan, Key Conservative Says
By ReutersMany Republicans are unhappy with the deal President Donald Trump reached last week with Democratic leaders to raise the government's debt ceiling and allow it to continue financing federal spending...
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Congress sends Trump disaster aid, debt limit increase
By Richard Cowan and Amanda Becker, ReutersWASHINGTON (Reuters) - The U.S. House of Representatives approved a bill to provide disaster aid, extend the debt ceiling and fund the federal government for three months on Friday, delivering on...
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As Trump Announces Afghanistan Strategy, Here’s What the War Has Cost
President Trump will deliver his first prime-time address to the nation at 9 p.m. EDT tonight and is expected to announce that he’s sending thousands more U.S. troops to Afghanistan. If that is the...
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Trump’s Proposed Budget Cuts Inspire a Monthly Fast in Protest
While many of us will be looking at or talking about the solar eclipse today, a group of religious anti-hunger activists are trying to draw the public's attention elsewhere. As USA Today reported on...
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Why Trump’s Press Conference Was Disappointing Even Before It Got Controversial
President Trump's statement from Trump Tower on Tuesday afternoon was supposed to be about what the White House called “the Infrastructure Discussion” — but that’s not what’s being discussed after...
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Budget Hawks Call for ‘Mini-Bargain’ to Address the Debt and Deficit
By Rob GarverPerhaps it’s a mark of diminished expectations of the federal government’s ability to get things done, or just a concession to the reality that the country’s fiscal problems are simply too large to...
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The Looming Fiscal Train Wreck Means Trump Won’t Get His Wall. Here’s Why
By Eric Pianin and Rob GarverCongress has religiously missed its deadline for passing a budget and related spending bills for eight consecutive years. And from the looks of a looming fiscal train wreck this fall, congressional...
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U.S.-based bond funds attract $5.4 bln in latest week: trade group
By Sam Forgione, ReutersNEW YORK (Reuters) - Investors in U.S.-based mutual funds poured $5.4 billion into bond funds in the week ended Nov. 5 after profit-taking from riskier U.S. stocks prompted a move toward safer assets...
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Fed awards $308 billion of term deposits in test auction
By ReutersU.S. government offices were closed on Tuesday for the Veterans Day holiday. The U.S. central bank allotted them to 80 banks which will receive an interest rate of 0.27 percent. This was higher than...
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U.S. sells bills at highest interest rate since March
By ReutersThe amount of bids for the latest one-month T-bill issue to the amount of offered, or the bid-to-cover ratio, was 3.84, which was the lowest in a month. Last week, the Treasury sold $36 billion of...
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BOJ's Sato says Japan to keep buying JGBs 'for some time'
By Francesco Canepa and Liisa Tuhkanen, ReutersLONDON Non 12 (Reuters) - The Bank of Japan is likely to keep buying government bonds for some time, with no obvious limit to its purchases, as it moves into "uncharted territory" to shore up...
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N.Y. Fed accepts applications to expand reverse repo participants
By ReutersRight now, there are 140 reverse repo counterparties, including 94 of the largest money market funds, six government-sponsored enterprises (Fannie Mae, Freddie Mac, and four Federal Home Loan Banks...