Democrats weigh options after Supreme Court decision on Trump taxes

Democrats weigh options after Supreme Court decision on Trump taxes

WASHINGTON, Nov 23 (Reuters) – US congressional Democrats on Wednesday grappled with the daunting task of reviewing six years of former President Donald Trump’s tax returns as Republicans prepared to take control of the House of Representatives in less than six weeks. Members of the Democratic-led House Ways and Means Committee said they hope to … Read more

Republicans win US House majority, setting stage for divided government

Republicans win US House majority, setting stage for divided government

WASHINGTON, Nov 16 (Reuters) – Republicans were projected to win a majority in the US House of Representatives on Wednesday, setting the stage for two years of divided government as President Joe Biden’s Democratic Party held control of the Senate. The victory gives Republicans the power to rein in Biden’s agenda, as well as to … Read more

Trump’s 2024 presidential bid a fresh wrinkle for markets

Trump's 2024 presidential bid a fresh wrinkle for markets

NEW YORK, Nov 16 (Reuters) – Former President Donald Trump’s entry on Tuesday into the 2024 presidential race confirmed the world’s “worst kept secret” and created another variable for markets that some investors say remains a low priority for now. Trump, who has mounted relentless attacks on the integrity of US voting since his 2020 … Read more

US House control hinges on tight races after Democrats take Senate

US House control hinges on tight races after Democrats take Senate

WASHINGTON, Nov 14 (Reuters) – Control of the US House of Representatives hinged on Monday on several tight races that could secure a majority for Republicans following midterm elections that saw President Joe Biden’s Democrats beat expectations and retain the Senate. Republicans were closer to winning the House, having secured 211 seats compared to Democrats’ … Read more

Democrats retain grip on US Senate, defying Republican ‘red wave’ predictions

Democrats retain grip on US Senate, defying Republican 'red wave' predictions

PHOENIX, Nov 13 (Reuters) – Democrats held onto control of the US Senate while limiting projected losses in the House, handing a major victory to President Joe Biden and extinguishing hopes of the “red wave” that Republicans had expected leading into the midterm elections . Democratic leaders described the outcome – sealed late Saturday with … Read more

Biden pleased with election turnout, says reflects quality of party’s candidates

Biden pleased with election turnout, says reflects quality of party's candidates

PHNOM PENH, Nov 13 (Reuters) – Joe Biden said on Sunday he was “incredibly pleased” with the turnout in the US election after Democrats clinched control of the Senate, a major victory for the president as he looks to his next two years in office. Speaking to reporters in Cambodia ahead of an East Asia … Read more

Democrats await Nevada election result that could seal their U.S. Senate majority

Democrats await Nevada election result that could seal their U.S. Senate majority

PHOENIX, Nov 12 (Reuters) – Democrats on Saturday were one seat away from majority control of the US Senate next year, as vote-counting in deeply divided Nevada continued following Tuesday’s midterm elections and campaigning kicked off for a Dec. 6 runoff in Georgia . If incumbent Democratic Senator Catherine Cortez Masto manages to fend off … Read more

US Senate control still a toss-up, Republicans inch toward House majority

US Senate control still a toss-up, Republicans inch toward House majority

PHOENIX, Nov 11 (Reuters) – Control of the US Senate hung in the balance on Friday as election workers in Arizona and Nevada tallied millions of thousands of uncounted ballots, a process officials in the two battleground states warn could drag on for days. Either Democrats or Republicans can capture a Senate majority by sweeping … Read more

US judge declares Biden’s student debt relief plan unlawful

US judge declares Biden's student debt relief plan unlawful

Nov 10 (Reuters) – A federal judge in Texas on Thursday ruled that President Joe Biden’s plan to cancel hundreds of billions of dollars in student loan debt was unlawful and must be vacated, delivering a victory to conservative opponents of the program. US District Judge Mark Pittman, an appointee of former Republican President Donald … Read more

Republicans close in on US House majority, Senate still up for grabs

Republicans close in on US House majority, Senate still up for grabs

WASHINGTON, Nov 10 (Reuters) – Republicans were edging closer to securing a majority in the US House of Representatives early on Thursday, while control of the Senate hung in the balance, two days after Democrats staved off a Republican “red wave” in midterm elections. Republicans had captured at least 210 House seats, Edison Research projected, … Read more