The bill lost all of its Democratic support shortly before the vote and could not gain the 60 votes needed to advance. WASHINGTON—The U.S. Senate on May 8 failed to advance a bill that would regulate “stablecoins” in the cryptocurrency market, dealing a blow to a bipartisan effort backed widely by the industry. The Guiding
Washington — The White House is expected to send Congress a rescissions package in the coming days, looking to claw back congressionally approved funding amid a broader effort to dramatically slash spending. As the administration faces legal challenges to its efforts to slash the U.S. Agency for International Development, public service broadcasting and other programs, the
Transportation Secretary Sean Duffy said Thursday it would take months to fully resolve the air traffic control problems plaguing Newark Liberty International Airport, with normal operations unlikely to resume until summer. “It’s going to take a little time. I hope by the summer we’re going to be fully functioning,” Duffy told “CBS Mornings” as he
As House Republicans work to pass President Donald Trump's "big, beautiful bill" before their Memorial Day deadline, conflicts arise after Trump proposes a tax hike for the wealthy.
Washington — A federal judge is holding a bail hearing Friday for Rumeysa Ozturk, a Tufts doctoral candidate who was detained by immigration authorities after the Trump administration revoked her student visa. Ozturk is currently detained at an immigration facility in Basile, Louisiana, where she was transferred after she was taken into custody in Massachusetts
Washington — Retired Supreme Court Justice David Souter, who was a steady member of the high court’s liberal wing during his tenure despite being appointed by a Republican president, died Thursday. He was 85. The Supreme Court said Souter “died peacefully” at his home. “Justice David Souter served our court with great distinction for nearly
The president said that Dr. Casey Means is a ‘brilliant woman.’ Health Secretary Robert F. Kennedy Jr. recommended that President Donald Trump nominate Dr. Casey Means as his surgeon general, the president said on May 8. When asked why he nominated Means to the position, Trump told reporters at the White House that it was