Trump budget calls for Wall Street regulators to face restructuring
WASHINGTON, May 22 Two Wall Street financial regulators would face cuts or major structural changes under President Donald Trump's fiscal 2018 budget proposal
WASHINGTON Dec 27 President Barack Obama will host a meeting on Friday with the four top congressional leaders, a White House aide said on Thursday, as the president and lawmakers rush to break a deadlock over the so-called fiscal cliff days before a year-end deadline.
The president will meet with Senate Majority Leader Harry Reid, Senate Minority Leader Mitch McConnell, House of Representatives Speaker John Boehner and House Minority Leader Nancy Pelosi, White House spokeswoman Amy Brundage said.
Obama returned to Washington on Thursday after a truncated Hawaii vacation in an effort to restart stalled efforts aimed at averting tax increases and sharp spending cuts that economists say would push the economy into recession. The Senate also reconvened Thursday and the House of Representatives is due to go back into session on Sunday.
WASHINGTON, May 22 The Trump administration's budget proposal would convert some of the United States' foreign military grants to loans, part of a larger effort to slash spending on diplomacy, aid and programs abroad by more than 29 percent, the White House said on Monday.
BRASILIA, May 22 The Brazilian government said on Monday it is committed to business-friendly reforms after S&P Global Ratings threatened to downgrade the country further into junk territory amid a political crisis.