Trump Treasury pick Bessent faces Senate grilling on taxes, trade, deficits
By David Lawder WASHINGTON (Reuters) – President-elect Donald Trump’s pick for Treasury secretary, hedge fund manager Scott Bessent, vowed to maintain the dollar’s status as the world’s reserve currency as he prepared to face questions from U.S.
Battle over ‘conversion therapy’ ban, separation of powers before Wisconsin Supreme Court
MADISON, Wis. (AP) — The Wisconsin Supreme Court is scheduled to hear arguments Thursday over whether a Republican-controlled legislative committee’s rejection of a state agency rule that would ban the practice of “conversion therapy” for LGBTQ+ people
Democrats’ crisis of the future: the biggest states that back them are shrinking
WASHINGTON (AP) — Texas and Florida are growing rapidly. California, Illinois and New York are shrinking. With America’s population shifting to the South, political influence is seeping from reliably Democratic states to areas controlled by Republicans. Coming
Treasury nominee plans to say at confirmation hearing that Trump will unleash ‘economic golden age’
WASHINGTON (AP) — U.S. Treasury nominee Scott Bessent plans to say Thursday during his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age.” According to prepared testimony given to The
Hawaii lawmakers vow to stabilize property insurance market as climate change fuels higher premiums
HONOLULU (AP) — Hawaii lawmakers began a new legislative session Wednesday with a vow to try to stabilize the state’s property insurance market as hurricanes, wildfires and other climate change-influenced disasters at home and elsewhere prompt insurance
US weighs options to keep TikTok operational as ban nears, NBC reports
(Reuters) – The Biden administration is exploring ways to keep TikTok accessible in the United States even as a ban is set to take effect on Sunday, NBC News reported late on Wednesday, citing three people familiar
Nevada GOP governor tells Democratic-controlled Legislature to set politics aside, find compromise
Nevada’s Republican governor extended a hand Wednesday to the Democratic-controlled state Legislature, saying they need to come together to find solutions for urgent issues like affordable housing and access to adequate health care. Gov. Joe Lombardo’s address
Five things to know about Biden’s farewell address that also served as a warning to the country
WASHINGTON (AP) — With only days left in the White House, President Joe Biden was saving a few surprises for his farewell address Wednesday evening. Instead of simply summing up his term in office, he used the
Trump’s US Treasury pick Bessent says dollar must remain world’s reserve currency
WASHINGTON (Reuters) – Scott Bessent, U.S. President-elect Donald Trump’s choice to head the Treasury Department, on Wednesday vowed to ensure that the dollar remains the world’s reserve currency as he laid out a vision for a “new
UN says it’s ready to ramp up delivery of desperately needed aid to Gaza
UNITED NATIONS (AP) — The United Nations said Wednesday that it’s ready to ramp up the delivery of desperately needed humanitarian aid to Gaza following a ceasefire agreement and urged the removal of major security and political