Latest Government policy News

House leaders racing the clock on government spending bill

Dec. 11, 2019 12:50 AM EST

WASHINGTON (AP) — House leaders are racing the clock and bracing for inevitable blowback on an emerging government-wide spending bill that's likely to largely maintain President Donald Trump's tactical ability to fund his much-sought border wall. As is often the case, California rivals Nancy Pelosi and...

Asian stocks gain on reports Trump plans tariff delay

Dec. 11, 2019 12:37 AM EST

BEIJING (AP) — Asian stock markets were mostly higher Wednesday following reports President Donald Trump might delay a weekend tariff hike on Chinese goods. Benchmarks in Shanghai, Hong Kong and Southeast Asia rose while Tokyo declined. Investors had been counting on Trump to postpone Sunday's duty...

US Federal Reserve could signal no rate hike through 2020

Dec. 11, 2019 12:01 AM EST

WASHINGTON (AP) — The Federal Reserve is set to leave its benchmark interest rate unchanged Wednesday and will likely signal that it expects rates to remain low well into next year despite a robust job market. Many economists have said they think sluggish growth will even compel the Fed to cut rates at...

Pelosi offers some trade policy with that impeachment

Dec. 10, 2019 9:03 PM EST

WASHINGTON (AP) — For the House progressives: a pair of impeachment articles against President Donald Trump. For the vulnerable Democratic freshmen: charges that are narrowly focused on Ukraine. And for the whole House Democratic majority — and, however backhandedly, Trump himself: a sweeping new...

UN experts: Libya is new focus of Islamic State extremists

Dec. 10, 2019 7:16 PM EST

UNITED NATIONS (AP) — U.N. experts say the interference of Chadian and Sudanese fighters in Libya is “a direct threat” to the security and stability of the war-torn country, which a leader of the Islamic State extremist group has declared “one of the main axes” of its future...

DeVos: Defrauded students may only get partial loan relief

Dec. 10, 2019 6:41 PM EST

Students who are cheated by their colleges will receive full loan forgiveness only if they end up earning far less than their peers, while others will receive relief between 25% and 75% of their debt under new rules unveiled Tuesday by the U.S. Education Department. The policy is a departure from the Obama...

Democrats, White House forge new North American trade deal

Dec. 10, 2019 6:08 PM EST

WASHINGTON (AP) — House Democrats and the White House announced a deal Tuesday on a modified North American trade pact, handing President Donald Trump a major Capitol Hill win on the same day that impeachment charges were announced against him. Both sides hailed the deal as a win for American workers. They...

How major US stock indexes fared Tuesday

Dec. 10, 2019 4:58 PM EST

Stocks edged lower as a deadline approached for trade talks between Washington and Beijing. A new round of US tariffs are scheduled to take effect on Chinese goods Sunday, the latest escalation in a trade dispute that has dragged on economies around the world. Media reports suggested the US may delay the tariffs...

Bloomberg tells UN climate talks: You can count on the US

Dec. 10, 2019 3:19 PM EST

MADRID (AP) — New York billionaire and presidential candidate Michael Bloomberg led a high-powered charge against President Donald Trump's climate policies Tuesday, assuring activists, scientists and politicians from around the world that Americans are committed to reducing greenhouse gas emissions...

Democrats agree to North America trade pact: What's in it?

Dec. 10, 2019 2:57 PM EST

WASHINGTON (AP) — After months of political wrangling, House Democrats agreed Tuesday to President Donald Trump’s revamped version of a 25-year-old North American free trade agreement. But they pried some concessions out of the Trump administration before saying they’d go along....