Politics

House Democrats reintroduce bill targeting stock buybacks

WASHINGTON — House Democrats on Thursday reintroduced a bill that would ban open-market stock buybacks, weeks after the Securities and…

Russia carries out intense missile and drone strike overnight; Russia’s Medvedev says conflict could last decades

This was CNBC’s live blog tracking developments of May 27, 2023, on the war in Ukraine. See here for the…

Biden says he’s ‘very optimistic’ about a debt ceiling deal

WASHINGTON — President Joe Biden said he was “very optimistic” on Friday about reaching a compromise deal with House Republicans…

JPMorgan CEO Jamie Dimon testifies he had no involvement with Jeffrey Epstein account, bank says

JPMorgan Chase CEO Jamie Dimon testified at a deposition in New York on Friday that he had no involvement in…

Disney rips DeSantis bid to disqualify judge in free speech lawsuit

Disney urged a federal court to reject a request by Florida Gov. Ron DeSantis to disqualify the judge overseeing the…

Treasury now says it could run out of money June 5, buying time for debt ceiling talks

WASHINGTON — Treasury Secretary Janet Yellen said Friday that the United States will likely have enough reserves to push off…

GOP-controlled Texas House impeaches Republican Attorney General Ken Paxton, triggering suspension

Texas’ Republican-led House of Representatives impeached state Attorney General Ken Paxton on Saturday on articles including bribery and abuse of…

Biden and McCarthy reportedly have agreed to debt ceiling deal

U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a deal to raise the federal government’s $31.4…

White House and Republicans reach a tentative deal to avoid U.S. default

WASHINGTON — House Republicans reached a tentative deal with the White House on Saturday night to raise the nation’s borrowing…

Fight still ahead for Texas’ Ken Paxton after historic impeachment deepens GOP divisions

The historic impeachment of Texas Attorney General Ken Paxton plunged Republicans on Sunday into a fight over whether to banish…