Trump To Meet With U.S. Community Bankers On Regulatory Costs

President Donald Trump will meet with Main Street community bankers on Thursday to learn more about their difficulties in complying with the tougher Dodd-Frank financial regulations enacted after the 2007-2009 financial crisis. The listening session is aimed at helping the Trump administration craft a legislative plan to ease the regulatory burdens on small banks to … Read more

US Hospitals Oppose Trump-Backed Health Bill

A leading trade group representing hospitals has expressed fears about the Republican health-care bill, saying poor Americans could lose insurance. The American Hospital Association (AHA) said current provisions for “our most vulnerable” would be thrown into doubt. President Donald Trump met lawmakers on Wednesday to rally them behind the bill, after a stormy 24 hours. … Read more

Trump Braces For Bruising Legislative Fight On Health Care

US President Donald Trump’s negotiating skills were put to the test in his first major legislative battle Wednesday as Congress debated a health care replacement plan that several members of his own party oppose. Two committees in the House of Representatives began reviewing a sweeping bill that unwinds and replaces the Affordable Care Act, the … Read more

Republicans Unveil Plan To Repeal, Replace Obamacare

US House Republicans unveiled long-awaited legislation Monday that would repeal and replace the health care reforms known as Obamacare, largely under the framework that President Donald Trump laid out in his recent congressional address. The American Health Care Act would dismantle several of the core aspects of the reforms, including ending subsidies and taxes, as … Read more

Republican Unity Frays In Obamacare Repeal Debate

Republican leaders and the White House presented a united front Friday in their bid to ditch Obamacare, but the replacement plan — still incomplete, still hidden from public view — is meeting increasing pushback from rank-and-file conservatives. With Democrats of a single mind to keep the landmark health-care reforms in place, US President Donald Trump … Read more

Republicans Lack Agreement On Obamacare Ahead of Trump Speech

The White House and Congress lacked agreement on a plan to repeal and replace Obamacare on Tuesday amid signs of growing Republican division on the issue, as President Donald Trump prepared to address lawmakers about his 2017 agenda. Republicans, who control the White House and Congress, are in agreement in their opposition to former Democratic … Read more

With Trump At Helm, US Takes Seat At UN Rights Council

The United States will on Monday claim its seat at the UN Human Rights Council under the new presidency of Donald Trump, whose election has provoked deep concern over the body’s future. Over its 11-year history, the council has come in for criticism, including allegations that it has, at times, been co-opted by rights abusers … Read more

Trump Rescinds Transgender Bathroom Rules From Obama Era

The Trump administration has rescinded guidance enacted by his predecessor in favour of transgender students, the White House has said. The Obama-era rule directed public schools to allow transgender pupils to use toilets of their gender identity. But critics said that guidance was government overreach which threatened other students’ privacy and safety. A letter sent … Read more

Trump’s Revised Travel Ban Targets Same Countries

A draft of President Donald Trump’s revised immigration ban targets the same seven countries listed in his original executive order and exempts travelers who already have a visa to travel to the U. S., even if they haven’t used it yet. A senior administration official said the order, which Trump revised after federal courts held … Read more

9/11 Lawyer Says Trump ‘serious’ On Guantanamo

The lawyer of self-proclaimed 9/11 mastermind Khalid Sheikh Mohammed said on Monday he believes US President Donald Trump is serious about using Guantanamo Bay to house more “terrorist” suspects. Defence lawyer David Nevin added that any chance of closing the notorious site had been lost with the end of Barack Obama’s presidency. “Our president said … Read more

‘Significant Uncertainty’ About Fiscal Policy Under Trump

U. S. Federal Reserve Vice Chair Stanley Fischer said there was significant uncertainty about U.S. fiscal policy under the Trump administration, but the Fed would be strict in meeting targets of creating full employment and getting inflation to 2 percent. Speaking at the Warwick Economics Summit on Saturday, Fischer also said he thought Dodd-Frank financial … Read more

In the US, Trump Ushers In Era of Dramatic Deregulation

Methane emissions, guns, river pollution, Wall Street: hand in hand with President Donald Trump, the Republican majority in Congress has begun to repeal Obama-era regulations opposed by big business. At the very beginning of his term, the billionaire Republican president signed an order freezing any new regulations close to being finalized, and requiring that for … Read more

Hundreds of Immigrants Arrested In ‘routine’ U.S. Enforcement Surge

U. S. federal immigration agents arrested hundreds of undocumented immigrants in at least four states this week in what officials on Friday called routine enforcement actions. Reports of immigration sweeps this week sparked concern among immigration advocates and families, coming on the heels of President Donald Trump’s executive order barring refugees and immigrants from seven … Read more

Court Questions Whether US Travel Ban Is Anti-Muslim

An appeals court has questioned whether President Donald Trump’s travel ban discriminates against Muslims. The executive order temporarily banned entry for all refugees and visitors from seven mainly Muslim countries, until it was halted last week. Judge Richard Clifton asked whether it could be discriminatory if it affected only 15% of the world’s Muslims. He … Read more

Trump Ignites Political Fight Over U.S. Banking Law Reforms

U. S. President Donald Trump on Friday ordered reviews of major banking rules that were put in place after the 2008 financial crisis, drawing fire from Democrats who said his order lacked substance and squarely aligned him with Wall Street bankers. Though the order was short on specifics, financial markets embraced Trump’s signal that looser … Read more

Trump To Pull US Out of TPP Deal

President Donald Trump on Monday will start to unravel the behemoth trade deal he inherited from his predecessor, as two sources familiar with the matter told CNN he plans to sign an executive order to withdraw from the negotiating process of the Trans-Pacific Partnership. That executive order will send signals to Democrats and leaders in … Read more

U.S. House Votes To Begin Repealing Obamacare

U. S. House Republicans on Friday won passage of a measure starting the process of dismantling Obamacare, despite concerns about not having a ready replacement and the potential financial cost of repealing Democratic President Barack Obama’s landmark health insurance law. The House of Representatives voted 227-198 to instruct committees to draft legislation by a target … Read more

U.S. House Votes To Begin Repealing Obamacare

U. S. House Republicans on Friday won passage of a measure starting the process of dismantling Obamacare, despite concerns about not having a ready replacement and the potential financial cost of repealing Democratic President Barack Obama’s landmark health insurance law. The House of Representatives voted 227-198 to instruct committees to draft legislation by a target … Read more

US House of Representatives Passes Bill In First Step To Repeal Obamacare

The House of Representatives have voted to pass a plan to begin demolishing Obamacare, despite mounting qualms among Republicans. The budget measure – approved by the Senate on Thursday – would create legislation to roll back the 2010 bill. But lawmakers in both parties are objecting to the lack of any apparent replacement for the … Read more

‘I’d Be Dead’ Without Obamacare

A man who survived cancer despite a grim diagnosis challenged House Speaker Paul Ryan (R-Wis.) on his efforts to repeal Obamacare. “Because of the Affordable Care Act, I’m standing here today,” Jeff Jeans told Ryan at a CNN town hall event on Thursday. Jeans, who identified himself as a longtime Republican who had worked on … Read more