Tag: politics
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U.S. Treasury will oversee frozen Iranian funds when they’re released, Bessent says
Treasury Secretary Scott Bessent said once Iranian frozen assets are released, they will be overseen by Treasury and routed largely to U.S. agriculture, medicines.
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Tech companies would have to pay AI data center energy costs under bill moving in Congress
A House subcommittee may advance legislation Wednesday to make tech companies pay the energy costs for operating data centers to power AI.
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CNBC Daily Open: Trump takes on big oil
President Trump accuses energy companies of price “gouging” customers by keeping oil prices at the pump higher.
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Ukraine is raising the cost of war for Russia — and testing Putin’s resolve
A string of political victories and deep-strike successes has bolstered confidence in Ukraine amid its long-running war with Russia.
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House expected to pass affordable housing bill, send it to Trump’s desk
The House on Tuesday could give final passage to a bill aimed at lowering costs for homebuyers and reining in private equity.
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Senate backs Iran war powers resolution as GOP pressure grows on Trump’s deal to end war
Senate Republicans want more details on Trump’s Iran deal as questions swirl around sanctions relief, nuclear restrictions and congressional approval.
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Atlanta Fed pick emerges as key opportunity for Warsh to reshape the central bank
The Fed considered a former top Treasury official under President Trump for a role at the Atlanta reserve bank.
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Sen. Cassidy plans to push ‘big idea’ for Social Security reform in last days in office
As Social Security faces an imminent funding shortfall, Sen. Bill Cassidy said he has come up with a plan to invest in the stock market on the program’s behalf.
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Progressive Brad Lander’s surging bid for Congress splinters Democrats’ labor union alliance
Rep. Dan Goldman, D-N.Y., is fighting for his political life in a race with Brad Lander, who is backed by Mayor Zohran Mamdani and Sen. Bernie Sanders, I-Vt.
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Czech president appeals to Constitutional court amid NATO summit clash
The 2026 NATO summit is set to be held on the 7 and 8 July at the Beştepe Presidential Compound in Ankara. #EuropeNews
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