Reuters USA

Biden, McConnell Kentucky event is a roadmap for White House under new Congress

By Steve Holland COVINGTON, Ky. (Reuters) -U.S. President Joe Biden and Senate Republican leader Mitch McConnell made a rare joint appearance on Wednesday at a bridge in Kentucky in a display of bipartisanship that offers a guide to how the White House hopes to govern in months to come. As hardline Republicans create turmoil in …

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Trump’s plea to back McCarthy falls flat with hardline U.S. House Republicans

By Gram Slattery WASHINGTON (Reuters) – Donald Trump failed on Wednesday to persuade 20 fellow Republicans in the U.S. House of Representatives to fall in line behind Kevin McCarthy’s bid for speaker, underscoring the former president’s declining power over the party he reshaped. “It’s now time for all of our GREAT Republican House Members to …

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U.S. judge cuts damages imposed on organizers of 2017 ‘Unite the Right’ rally

By Kanishka Singh (Reuters) – A federal judge cut by millions of dollars damages that were imposed on organizers of the 2017 “Unite the Right” white nationalist rally in Charlottesville, Virginia, citing a cap imposed under a local law. In November 2021, a federal jury found the organizers of the “Unite the Right” rally liable …

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Green bonds are set to drive corporate ESG debt out of slump in 2023 -Barclays

By Isla Binnie NEW YORK (Reuters) – Global sales of corporate bonds with environmental, social and governance (ESG) targets will rebound this year and top $460 billion, Barclays said, after the asset class had its first setback in 2022 as higher interest rates weighed on credit markets. ESG bond volumes swelled over the past few …

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Fed wants ‘flexibility’ on rates as inflation remains key focus, minutes show

By Howard Schneider WASHINGTON (Reuters) -All officials at the Federal Reserve’s Dec. 13-14 policy meeting agreed the U.S. central bank should slow the pace of its aggressive interest rate increases, allowing them to continue increasing the cost of credit to control inflation but in a gradual way meant to limit the risks to economic growth. …

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Factbox-If not McCarthy then who? Other possible candidates for U.S. House speaker

WASHINGTON (Reuters) – Here are six potential candidates to become speaker of the U.S. House of Representatives if Republican Leader Kevin McCarthy fails to win the post due to a rebellion by hardliners in his party. REPRESENTATIVE STEVE SCALISE The no. 2 House Republican is a supporter of McCarthy who could get support from moderates …

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Biden wants Republican-led House to get its ‘act together’ over leadership

By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden on Wednesday called on lawmakers in the Republican-led House of Representatives to “get their act together,” saying the messy battle to determine the chamber’s leader reflects poorly on the United States. The fight over who will lead the House after Republicans gained a majority in November’s midterm …

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‘Fearless’ Special Counsel Jack Smith arrives in Washington to lead Trump probes

By Sarah N. Lynch WASHINGTON (Reuters) – Jack Smith, the U.S. special counsel named to investigate Republican former President Donald Trump, has a reputation for winning tough cases against war criminals, mobsters and crooked police officers. Behind the scenes, however, Smith’s former colleagues say he is just as tenacious in his pursuit to get criminal …

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Factbox-How does the U.S. House of Representatives decide on a speaker?

(Reuters) – After winning a slim majority of seats in the U.S. House of Representatives in November’s midterm elections, Republicans are trying to elect a speaker. WHAT IS THE SPEAKER’S IMPORTANCE? The speaker of the House, second in the line of succession for the presidency after the vice president, leads the chamber and sets the …

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