December 9, 2023
NEW YORK CITY: Large US banks railed against new proposed capital requirements at a congressional hearing on Wednesday, joining Senate Republicans in casting the measures as crimping loans to everyday Americans. “This rule will make services so uneconomical, you will likely see two outcomes: many banks will simply stop offering certain products and services, and
READ MORESpeaker Kevin McCarthy is running out of options as he races Monday to come up with a plan to keep the federal government from shutting down as even a proposal to include hardline border security provisions wasn’t enough to appease the far-right flank in his Republican House majority. The speaker told his Republican conference that
READ MOREFor President Joe Biden, strong backing for Ukraine’s effort to repel Russia’s invasion has been a rare issue where he’s mustered bipartisan support. But this week’s first GOP presidential debate — and recent comments on Ukraine by the 2024 GOP polling leader and former president, Donald Trump — show that unusual unity will face a
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