Senate, Government shutdown
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Trump names his Fed chair nominee and strikes a deal with Senate Democrats ahead of a government shutdown deadline.
Senate Banking Committee leaders are split on President Donald Trump’s choice of Kevin Warsh to be the next chairman of the Federal Reserve, while a key Republican on the panel is standing firm on his plans to oppose any nomination until a legal action against the Fed is resolved.
Senate leaders were scrambling to save a bipartisan spending deal and avert a partial government shutdown at midnight Friday as Democrats have demanded new restrictions on federal immigration raids ac
Government shutdown all but guaranteed as House Speaker Mike Johnson, R-La., says earliest action on Senate-passed spending bill is Monday, with two-thirds majority potentially needed.
The U.S. Senate Agriculture Committee, which oversees commodities trading, advanced a bill on Thursday that would establish a federal regulatory framework for cryptocurrencies on a party-line vote, an indication that the legislation likely lacks enough support to be passed by the full Senate.