By Bo Erickson WASHINGTON (Reuters) -President Donald Trump has moved to unilaterally cancel $4.9 billion in federal funding authorized by Congress, escalating the fight over who controls the nation’s spending. In a letter posted online late Thursday, Trump told House of Representatives Speaker Mike Johnson that he plans to withhold funding for 15 international programs,…
LA PAZ, Bolivia (AP) — Voters in Bolivia practically threw the long-governing party out of Congress, a final count released Tuesday showed, after presidential and parliamentary elections this month heralded a tectonic shift in this Andean country. In a devastating defeat, the Movement Toward Socialism party — which has ruled for much of the last…
Chinese President Xi Jinping on Thursday made a rare visit to Tibet, stressing Beijing’s determination to strengthen its control over the region as it marked 60 years of being declared a Chinese autonomous region. Xi Jinping highlights political importance of his visit. While addressing a gathering of 20,000 people in Lhasa, Xi Jinping underlined the…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Efforts to ban members of Congress from buying and selling stocks could continue to rise with several recent disclosures violating the STOCK Act. A new filing by a member of Congress lists hundreds of trades since March 2024….
A state partnership would fundamentally alter the operating structure of two key Panama Canal ports and could trigger significant losses for Hong Kong billionaire Li Ka-shing’s CK Hutchison Holdings, which was facing mounting hurdles over a US$23 billion asset sale, experts said. The Hong Kong-based conglomerate is in the grip of a legal and political…
The Supreme Court on Monday rebuked Congress leader Rahul Gandhi over his claim that more than 2,000 kilometres of Indian territory had been annexed by China, stating that a “true Indian” would not make such a remark. However, the court paused the defamation proceedings against Gandhi related to the statement. During his 2022 Bharat Jodo…
Small business importers and the US Justice Department clashed Thursday over whether President Trump has the authority to impose his “Liberation Day” tariffs just hours before those duties were scheduled to take effect for countries around the world. The confrontation took place in Washington, D.C. before a panel of 12 judges at the Circuit Court…
In the United States, the past three presidents sworn into office have a combined age of 226. There’s a minimum age requirement to serve as US president (35 years old), but no maximum age requirement. On the always conversational r/AskReddit, Reddit user u/CountyOpposite7622 asked fellow Americans: Would limiting the age of the President to 65…
This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: The House passed a bill clawing back billions in federal funding for foreign aid and public media early Friday morning, sending it to…
Federal Reserve Chairman Jerome Powell on Thursday formally replied to a set of pointed questions from the director of the White House Office of Management and Budget about the renovation of the Fed’s Washington headquarters. Powell pointed to a newly launched page on the Fed’s public website dedicated to answering questions about the project, which…