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By James Oliphant WASHINGTON (Reuters) -Florida Republican Governor Ron DeSantis will officially enter the 2024 U.S. presidential race next week, according to two sources familiar with the decision, immediately becoming Donald Trump’s biggest rival for the Republican nomination and shaking up a contest that largely has been one-sided. DeSantis will likely file paperwork declaring his …

Florida Governor DeSantis to enter US presidential race next week Read More »

By Daniel Trotta (Reuters) -Florida Governor Ron DeSantis on Wednesday signed into law a bill that bans gender-affirming medical care such as puberty blockers or hormone therapy for transgender youth, and also enacts obstacles for adults to access treatment. Taking effect in the third most populous U.S. state, the law escalates a Republican political strategy …

DeSantis signs Florida ban on transgender treatment for minors Read More »

By Susan Heavey, Doina Chiacu, Andrea Shalal WASHINGTON (Reuters) -President Joe Biden and top U.S. congressional Republican Kevin McCarthy on Wednesday underscored their determination to reach a deal soon to raise the federal government’s $31.4 trillion debt ceiling and avoid an economically catastrophic default. After a monthslong standoff, the Democratic president and the speaker of …

Biden, McCarthy push forward towards deal on US debt ceiling Read More »

By Matt Tracy (Reuters) -Many U.S. regional lenders may have to consider selling off commercial real estate (CRE) loans at a steep discount after breaching key regulatory thresholds for exposure to the troubled sector, according to new data and market sources. Regional banks, the largest lenders to the beleaguered U.S. CRE and construction markets, have …

Analysis-Overexposed US regional banks could sell commercial property loans Read More »