Government and politics

Biden slams McCarthy, tells him to ‘take default off the table’ in debt ceiling fight

President Joe Biden on Wednesday slammed House Republicans for flirting with defaulting on the national debt, saying America is not…

Supreme Court says Halkbank not immune from U.S. prosecution for Iran sanctions violations under FSIA

The Supreme Court ruled Wednesday that Halkbank, which is owned by the government of Turkey, is not immune from criminal…

U.S. ‘can cheat at any moment,’ Russia says; Kremlin rejects allegations over North Sea spying

This was CNBC’s live blog tracking developments on the war in Ukraine on April 19, 2023. See here for the…

Gensler defends SEC’s crypto crackdown in marathon House hearing

WASHINGTON — Securities and Exchange Commission Chairman Gary Gensler faced a barrage of criticism from House Republicans on Tuesday over his…

Biden signs executive order expanding access to dependent care aid as he gears up for 2024 bid

WASHINGTON — President Joe Biden signed an executive order Tuesday that aims to expand access to care for children, the elderly…

GOP debt limit strategy is flirting with default, top House Democrat says

WASHINGTON — The top Democrat in the House slammed Republicans’ plan to pass a bill later this month to suspend…

Heavy gunfire quickly shatters Sudan truce deal pushed by U.S.

Heavy gunfire shattered a 24-hour truce deal in Sudan on Tuesday shortly after it was due to take effect under…

The EU’s divided approach on China might be coming to an end — and the U.S. is unlikely to be happy about it

European Union officials on Tuesday called for a new and joint approach toward China, following French President Emmanuel Macron’s controversial…

Zelenskyy meets with troops in Donetsk; Moscow court denies WSJ reporter’s appeal

This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates.  Russian President…

Britain could see crypto-specific regulation in the next 12 months, top lawmaker says

Britain could introduce specific laws aimed at regulating the cryptocurrency industry in the next 12 months, a top lawmaker told…