Republicans cast doubt on future of U.S. House bills passed by proxy

WASHINGTON (Reuters) – Republicans warned on Wednesday that legislation passed by the Democratic-controlled U.S. House of Representatives during the coronavirus pandemic may not become law if lawmakers are allowed to cast their votes remotely under a new voting system. A day after filing a federal lawsuit to overturn rules allowing proxy voting, House Republican leader Kevin McCarthy said any bills […]

Read more

U.S. DOJ closing insider trading probes into three senators: WSJ

(Reuters) – The U.S. Department of Justice is closing probes into three U.S. senators over stock trades made shortly before the coronavirus market turmoil, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The three senators include Republicans Kelly Loeffler of Georgia and James Inhofe of Oklahoma, and Democrat Dianne Feinstein of California, the Journal reported, […]

Read more

House Republicans to sue Pelosi remote proxy voting in pandemic

WASHINGTON (Reuters) – U.S. House of Representatives Republicans will sue Democratic Speaker Nancy Pelosi over rule changes that allow members to vote on each other’s behalf during the coronavirus pandemic, Republican aides said on Tuesday. The lawsuit, to be filed in federal court in Washington, will seek to block the new system passed by the Democratic-majority House and intended to […]

Read more

Top House Republican backs easing rules for coronavirus loan program

WASHINGTON (Reuters) – U.S. House Republican Leader Kevin McCarthy on Tuesday said he could support extending the time allowed for small businesses to use federal loans to keep their enterprises afloat during the coronavirus pandemic – one of several ideas circulating in Congress for next steps on legislation. Some businesses have expressed concerns that under the “Paycheck Protection Program” they […]

Read more

Top House Republican backs giving borrowers up to 12 weeks to repay PPP loans

WASHINGTON (Reuters) – U.S. House Republican Leader Kevin McCarthy on Tuesday said he could support giving borrowers up to 10 or 12 weeks to repay their federal loans and seek forgiveness under the Paycheck Protection Program. McCarthy told reporters at a news conference that such an extension would be appropriate because “a number of states have been shut down longer.” […]

Read more

White House not considering another stimulus bill this month, Kudlow says

WASHINGTON (Reuters) – The White House will not consider any further stimulus legislation this month as it eyes the economic impact from reopening U.S. states, White House economic adviser Larry Kudlow told reporters on Friday, adding that formal talks with Congress have paused. Kudlow, in a separate interview on Bloomberg Television, added that the Trump administration was making contingency plans […]

Read more

U.S. Senate returns to Washington amid concerns about coronavirus risk

WASHINGTON (Reuters) – The U.S. Senate convened in Washington for the first time in nearly six weeks on Monday, despite concern it might put lawmakers and staff at risk of contracting the coronavirus, but made clear it could take weeks to pass any new relief legislation. Party leaders raised partisan differences as soon as the Senate opened over the next […]

Read more

U.S. House prepares to pass $500 billion coronavirus bill, approves oversight panel

WASHINGTON (Reuters) – The U.S. House of Representatives was poised on Thursday to pass a $484 billion coronavirus relief bill, funding small businesses and hospitals and pushing the total spending response to the crisis to an unprecedented nearly $3 trillion. The measure is expected to receive solid bipartisan support in the Democratic-led House. But threats of opposition by some members […]

Read more

U.S. House to pass $500 billion coronavirus bill as next fight looms

WASHINGTON (Reuters) – The U.S. House of Representatives returned to Washington on Thursday to pass a $484 billion coronavirus relief bill, funding small businesses and hospitals and pushing the total spending response to the crisis to an unprecedented nearly $3 trillion. The measure is expected to receive solid bipartisan support in the Democratic-led House, but threatened opposition by some members […]

Read more

U.S. House to pass nearly $500 billion more in coronavirus aid on Thursday: Pelosi

WASHINGTON (Reuters) – The U.S. House of Representatives will pass Congress’ latest coronavirus aid bill on Thursday, House Speaker Nancy Pelosi said, paving the way for nearly $500 billion more in economic relief amid the pandemic. Pelosi, in an interview on MSNBC on Wednesday, said House lawmakers were ready to then move on to a fifth effort to continue tackling […]

Read more
1 2 3 4