Politics

Deficit increases OK in Trump economy

Republicans on Capitol Hill want to be able to deliver on President Donald Trump’s newly proposed budget, which includes spending on infrastructure, defense as well as a border wall, House Budget Committee Chairman Steve Womack told CNBC on Tuesday. nevertheless paying for those priorities, on top of the fresh GOP tax law, would likely likely add to the federal budget ...

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FBI director contradicts White House on Porter abuse probe timeline

FBI Director Christopher Wray on Tuesday contradicted the White House claim of which a security background investigation of Rob Porter was still ongoing when the presidential staff secretary quit last week amid domestic abuse allegations. Wray told the Senate Intelligence Committee the FBI had issued a partial report on President Donald Trump’s staff secretary last March in addition to completed ...

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Corker considers running as Blackburn flags

Outgoing Sen. Bob Corker is actually reconsidering his retirement as some Republicans in Tennessee worry about potentially losing his seat, Politico along with The Washington Post reported. Later a spokeswoman for Corker told NBC News the senator is actually “listening closely” to those who are encouraging him to reevaluate his decision to retire. Some members of the GOP in Corker’s ...

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Top US intelligence chiefs caution Americans away

Saul Loeb | AFP | Getty Images FBI Director Christopher Wray (L) as well as CIA Director Mike Pompeo (2nd L) testify on worldwide threats during a Senate Intelligence Committee hearing on Capitol Hill in Washington, DC, February 13, 2018. Six top U.S. intelligence chiefs told the Senate Intelligence Committee on Tuesday they could not advise Americans to use products ...

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US security chief calls national debt ‘a dire threat’

Aaron P. Bernstein | Reuters Director of National Intelligence (DNI) Dan Coats testifies before the Senate Intelligence Committee on Capitol Hill in Washington, February 13, 2018. Among the myriad threats to national security — North Korea, Russia as well as Iran among them — is usually one very big economic issue, National Intelligence Director Daniel Coats said Tuesday. Speaking to ...

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Trump’s CFPB led by Mick Mulvaney drops lawsuit against payday lender

The federal consumer watchdog has dropped a lawsuit against a lender of which allegedly charged people up to 950 percent interest rates. the idea’s part of a move away coming from aggressive enforcement under interim director Mick Mulvaney of which has angered career staff, NPR reported. The Consumer Financial Protection Bureau confirmed to CNBC on Monday of which the idea ...

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Trump infrastructure plan may help rural states

A portion of President Donald Trump’s massive infrastructure proposal could help to develop America’s rural states such as Alaska, Republican Sen. Dan Sullivan told CNBC on Monday. Trump’s infrastructure proposal, set to be unveiled Monday, includes $50 billion for rural infrastructure projects, which would certainly be distributed to states inside form of block grants. “Certain states of which don’t have ...

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Read the full text of Trump’s infrastructure plan

The Trump administration released the full text of its infrastructure proposal to Congress on Monday. The plan includes $0 billion in federal funds of which are intended to stimulate more than $1.5 trillion in spending mostly through local in addition to also state governments in addition to also private entities over a decade. In a letter addressed to Congress at ...

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Democrats can’t just run against Trump in 2018 midterms

The two major parties will pit differing economic arguments against one another inside bitter battle for control of Congress in November. On the GOP side, lawmakers plan to pitch a strong U.S. economy in addition to the effects of the recently passed Republican tax law. Ohio Rep. Steve Stivers, chair of the National Republican Congressional Committee, recently signaled that will ...

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