Tag: Government and politics
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UAE says one of its ships was targeted by missile as U.S.-Iran tensions over Strait of Hormuz remain high
Iran’s military stressed that the crucial waterway would only be reopened when the U.S. accepts Iran’s conditions.
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Senate Republicans narrowly confirm Todd Blanche as attorney general
Blanche won confirmation in a 50-49 vote, with Republican Senators Susan Collins and Lisa Murkowski opposing him. Senator Bill Cassidy was the deciding vote.
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U.S. Senate passes short-term funding bill to avert federal shutdown before election
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuThe U.S. Capitol in Washington, July 22, 2026.Aaron Schwartz | Bloomberg | Getty Images The Republican-led U.S. Senate passed a temporary
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Russia sanctions bill honoring Lindsey Graham breezes through Senate, heads to House
A measure to impose new sanctions on Russian oil purchasers easily cleared the Senate and heads to the House.
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Trump revives effort to fire Fed’s Lisa Cook
Trump aide Dan Scavino told Cook there is “sufficient reason to believe that you made false statements on one or more mortgage agreements.”
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Top Democrat proposes killing tax breaks for overseas oil production
Gas prices in the U.S. averaged $4.06 per gallon on Thursday — a major source of voter discontent heading into November’s midterm elections.
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U.S. appeals court blocks Trump’s $400 million White House ballroom project
The appeals court placed its ruling on hold for 14 days to allow the Trump administration to appeal to the U.S. Supreme Court.
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Cassidy supports Todd Blanche, rescuing Trump’s embattled attorney general pick
Attorney General nominee Todd Blanche needs at least 50 votes on the Senate floor to be confirmed after clearing the Senate Judiciary Committee.
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CNBC Daily Open: All the world’s a stage, but Trump’s ‘theater diplomacy’ takes the spotlight
Iran accused Trump of “theater diplomacy,” while also releasing a draft plan that would bar U.S. and Israeli ships from the Strait of Hormuz.
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Hormuz closure clouds China’s crude imports after they hit a 3-month high in July
China’s crude oil imports recorded a smaller decline in July, though the recovery may be short-lived, as the conflict drags on and demand remains soft.
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