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House Republican proposes small-business tax cut to pair with GOP federal budget package

Some congressional Republicans are hoping to tack on tax and other spending proposals to an effort to fully fund the Department of Homeland Security.

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Trump administration discussing currency swap line with United Arab Emirates

Such a move would provide liquidity in dollars to the oil-rich UAE, but could be politically tenuous for the administration amid higher prices at home.

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Vance trip to Pakistan for Iran talks is on hold, NYT reports

Trump told CNBC's "Squawk Box" on Tuesday morning that he thinks the U.S. is "going to end up with a great deal" with Iran to end the war.

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ICE agent charged with assault by Minnesota prosecutors, arrest warrant issued

Minnesota state prosecutors continue to investigation the killings of Renee Good and Alex Pretti by federal agents in Minneapolis.

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Kevin Warsh wants to lead a scandal-ridden Fed. His wealth is a complication.

Sen. Elizabeth Warren, D-Mass., is calling attention to potential issues in the Fed chair nominee's financial disclosures.

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U.S. Navy stopped 13 ships from passing Iranian port blockade, Pentagon says

The U.S. has signaled optimism about the prospect of reaching a diplomatic end to the Iran war.

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U.S. and Iran could meet in Pakistan for peace talks next week: MS NOW

Oil tanker traffic through the Strait of Hormuz remains at a trickle as the U.S. enforces a retaliatory blockade of Iranian ports.

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Iran war 'very close to over,' Trump says — and the stock market 'is going to boom'

The U.S. has beaten Iran "militarily" and that the war is "very close to over," Trump said, claiming a peace deal likely.

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Kalshi, Polymarket lobby as insider trading, betting eyed by Congress

Prediction markets have boomed, inviting increased scrutiny from regulators and Congress.

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Russia offers China energy lifeline as the Iran war strangles global supply

"Russia can certainly fill the resource gap that has arisen in China," Russian foreign minister Sergei Lavrov said Wednesday.

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AI becomes contentious issue in midterms over donations

Five Congress members endorsed by a major AI PAC are under new pressure from a coalition of advocacy groups and nonprofits to denounce AI companies.

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Democrats raised $500 million in Q1 from party's main fundraising platform

ActBlue, which raises small-dollar donations for Democrats and their causes, reported record first-quarter fundraising for a midterm election year.

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Republican Rep. Tony Gonzales of Texas says he will retire after bipartisan calls for expulsion

Republican Rep. Tony Gonzales of Texas said Monday he will retire from Congress after bipartisan calls to expel him.

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Trump is blockading Iranian ports in the Persian Gulf. What does that mean?

A former Pentagon official said the goal of the U.S. blockade is to get the Iranians to back down and restore freedom of navigation to the strait.

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Fed nominee Warsh clears a hurdle to Senate hearing

Kevin Warsh submitted required ethics paperwork to the Senate Monday.

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Keir Starmer: 'I'm fed up' with Trump and Putin affecting UK energy costs

Iran effectively closed the Strait of Hormuz during the war with U.S. and Israel, creating an oil supply crunch and sending global energy prices soaring.

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Hormuz Strait oil traffic way down after ceasefire; Hassett says even one tanker is big deal

Trump said the temporary ceasefire is "subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz."

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Britain to call for toll-free Strait of Hormuz, says Lebanon must be part of Iran ceasefire

In an annual foreign policy speech, Cooper is expected to say that shipping must be toll-free through the strategically vital Strait of Hormuz.

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Pirro's Powell probe faces a difficult road to appeal, former prosecutors say

Federal Reserve chair nominee Kevin Warsh may be in limbo while the legal process plays out.

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Rep. Ritchie Torres calls for probe into futures trades placed ahead March pause on Iran hostilities

Oil and energy futures trading before President Donald Trump announced a pause in Iran attacks in March raises insider trading concerns, Torres told regulators.

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