Politics

New draft of House stablecoin regulation focuses on state regulators, issuers

WASHINGTON — Republicans on the House Financial Services Committee on Monday released a new draft of legislation to regulate stablecoin…

GOP Gov. Jim Justice set to launch bid for Joe Manchin’s Senate seat in West Virginia this week

West Virginia’s Republican Gov. Jim Justice is gearing up to launch a 2024 Senate campaign this week, mounting a possible…

Sen. Wyden asks billionaire Harlan Crow for list of gifts to Supreme Court Justice Thomas

Sen. Ron Wyden, D-Ore., on Monday asked GOP megadonor Harlan Crow for a complete list of gifts to Supreme Court…

Russia’s foreign minister comes to the United Nations as Moscow faces war crimes accusations

UNITED NATIONS — When Russian Foreign Minister Sergey Lavrov takes the helm of the United Nations Security Council on Monday it will…

China says it respects ex-Soviet nations after envoy’s ‘unacceptable’ comments on sovereignty

China said Monday it respects the independence of former Soviet nations after remarks by its ambassador in France were deemed…

State leaders targeting climate investing have quiet stakes in the fossil fuel industry

In October, Scott Fitzpatrick, then-treasurer of Missouri, announced his state would pull $500 million out of pension funds managed by…

Russia, U.S. trade barbs at UN; Ukraine holds ‘strategic’ positions in Bakhmut

This has been CNBC’s live blog tracking developments on the war in Ukraine. [Follow the latest updates here.] Russia’s Ministry…

Supreme Court says abortion pill mifepristone will remain broadly available during legal battle

The Supreme Court on Friday ordered the abortion pill mifepristone to remain broadly available as litigation plays out in a…

Treasury proposes new process to spot risks after SVB, Signature Bank failures

WASHINGTON — The Treasury Department’s risk oversight arm on Friday proposed new tools for spotting issues in the U.S. financial…

Big drug company CEOs to testify at Senate Health committee on insulin prices

The top executives of the three drug companies that control 90% of the global insulin market will testify May 10…