Powerful mega donor Charles Koch, who along with his brother David has given heavily to conservative political candidates, said their effort so far to influence the U.S. political theater has largely failed.
In an interview on MSNBC’s “Morning Joe” program, Koch said that despite the money the industrialist billionaire pair poured into in the 2014 mid-term election, not much has come from their effort despite Republicans wining back the majority in Congress.
WASHINGTON (Reuters) – Congressman Paul Ryan was expected to declare soon that he will run for the top job in the U.S. House of Representatives, lawmakers said on Thursday, as Republicans tried to end a crippling internal power struggle.
With a deadline to raise the U.S. debt limit days away, the House has been transfixed by the chaos around finding a successor to replace House Speaker John Boehner, who said last month that he plans to step down on Oct. 30.
WASHINGTON (Reuters) – Republican right-wingers are not ready to back Representative Paul Ryan for speaker of the U.S. House of Representatives, an Arizona lawmaker, who belongs to the hard-right caucus that helped drive the last speaker from office, said on Wednesday.
“I’m hopeful, but you try not to jump yet,” said Arizona Representative David Schweikert, a member of the conservative House Freedom Caucus, said on National Public Radio. “We’ll find out hopefully over the next 48 hours.”
Top Republican presidential candidate Donald Trump on Wednesday chided his potential rivals for pulling their punches against front-runner Hillary Clinton in the Democratic Party’s first presidential debate.
WASHINGTON (Reuters) – House Ways and Means Committee Chairman Paul Ryan is deciding whether to seek the U.S. House of Representatives’ speaker job, fellow Republican lawmakers said on Friday after they met behind closed doors to try to settle their leadership battle.
Speaking to reporters the day after House Majority Leader Kevin McCarthy abruptly dropped his bid to become speaker, Representative Darrell Issa of California said he had no second choice if Ryan sticks by his announcement on Thursday that he would not seek the post.
WASHINGTON (Reuters) – U.S. House Republicans on Wednesday sought to defend the special committee investigating the attack in Benghazi, Libya, as Democrats planned to seek an internal review over potential ethics violations.
The political wrangling follows remarks by U.S. House Republican Leader Kevin McCarthy last week saying the taxpayer-funded investigation had hurt Democrat Hillary Clinton as she seeks her party’s presidential nomination.
BP Plc will pay more than $20 billion in fines to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago, marking the largest corporate settlement of its kind in U.S. history, Attorney General Loretta Lynch said on Monday.
The agreement, first outlined in July, adds to the $43.8 billion BP had previously set aside for criminal and civil penalties and cleanup costs. The company has said its total pre-tax charge for the spill is now around $53.8 billion.
WASHINGTON (Reuters) – The Obama administration announced
wide-ranging new rules on Friday to ease trade, travel and
investment restrictions with Cuba, the latest effort to chip
away at the long-standing U.S. economic embargo amid a
diplomatic thaw between the two former Cold War foes.
The regulatory changes will allow certain U.S. companies to
establish offices on Cuba for the first time in decades, expand
banking activities and eliminate limits on the amount of money
that can be taken to the Communist-ruled island, U.S. officials
WASHINGTON (Reuters) – The United States on Friday issued regulations easing restrictions on American companies seeking to do business in Cuba and opening up travel in the latest move to weaken the U.S. trade embargo amid warming relations with the Communist country.
The rules target travel, telecommunications, Internet-based services, business operations, banking and remittances, and allow U.S. companies to establish a presence in Cuba.
WASHINGTON, Sept 16 (Reuters) – American household incomes
lost ground last year as the poverty rate remained flat, a sign
the U.S. economic expansion had yet to lead to gains for many
Americans five years after the 2007-2009 recession.
The data released by the U.S. Census Bureau on Wednesday,
which showed the inflation-adjusted median income slipping to
$53,657 last year from $54,462 in 2013, offered a reminder of
the tepid nature of the economy’s recovery.