Latest Government policy News

Moody's credit rating upgrade for Cyprus opens the door to investment, president says

Nov. 23, 2024 05:22 AM EST

NICOSIA, Cyprus (AP) — Moody’s two-notch upgrade of Cyprus' credit rating to A3 from Baa2 opens the threshold to quality foreign investment that will generate new jobs, the president said Saturday. President Nikos Christodoulides said in a statement that the rating agency’s...

Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor

Nov. 22, 2024 21:44 PM EST

WASHINGTON (AP) — President-elect Donald Trump announced Friday that he'll nominate billionaire hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary, one of several personnel decisions that he unveiled as he closed out the workweek. ...

What to know about Scott Bessent, Trump's pick for treasury secretary

Nov. 22, 2024 19:53 PM EST

WASHINGTON (AP) — President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary. Bessent is a past supporter of Democrats who has become an enthusiastic supporter of Trump. He’s an...

A growing number of Oregon cities vote to ban psychedelic mushroom compound psilocybin

Nov. 22, 2024 15:12 PM EST

PORTLAND, Ore. (AP) — Drug reform advocates hailed Oregon as a progressive leader when it became the first in the nation to legalize the therapeutic use of psilocybin, the compound found in psychedelic mushrooms. But four years later, voters in a growing list of its cities have...

Governing board of Mississippi’s public universities deletes ‘diversity’ from several policies

Nov. 22, 2024 12:52 PM EST

The governing board of Mississippi’s public universities voted Thursday to delete the word “diversity” from several policies, including a requirement that the board evaluate university presidents on campus diversity outcomes. Though the Legislature has not passed a bill...

Next week: Bath & Body Works, consumer confidence, Fed meeting minutes

Nov. 22, 2024 12:16 PM EST

A look at some of the key business events and economic indicators upcoming next week. Bath & Body Works Retailer Bath & Body Works offers up its latest financial results on Monday before markets open. The retailer is forecast by analysts to post...

Trump chooses former acting Attorney General Matt Whitaker as NATO ambassador

Nov. 20, 2024 20:28 PM EST

WASHINGTON (AP) — Donald Trump said Wednesday that he has chosen former acting Attorney General Matt Whitaker to serve as U.S. ambassador to NATO, the bedrock Western alliance that the president-elect has expressed skepticism about for years. Trump, in a statement, said Whitaker...

Top health official in New Mexico leaves after less than 2 years on the job

Nov. 20, 2024 19:33 PM EST

SANTA FE, N.M. (AP) — New Mexico Department of Health Secretary Patrick Allen is leaving after less than two years on the job. Democratic Gov. Michelle Lujan Grisham made the announcement Wednesday, saying Allen would be stepping down at the end of the day. She did not give a...

EU lawmakers seal a deal to rubber-stamp one of the bloc's most right-leaning executives

Nov. 20, 2024 19:04 PM EST

BRUSSELS (AP) — European Union lawmakers on Wednesday ended a week of bickering to rubber-stamp a new team of policy commissioners that will head one of the most rightward-leaning executive branches ever chosen in the bloc for the next five years. The main centrist pro-European...

Auditor cites improper use of public funds at Western New Mexico University

Nov. 20, 2024 16:06 PM EST

SILVER CITY, N.M. (AP) — Top officials and regents at Western New Mexico University failed to uphold their fiduciary responsibilities by consistently running afoul of travel and purchasing policies, according to investigators with the New Mexico state auditor's office. The agency...