Town Hall News

By James Oliphant WASHINGTON (Reuters) -Florida Governor Ron DeSantis made his entrance into the 2024 presidential race official on Wednesday ahead of an event on Twitter with billionaire Elon Musk where he is expected to publicly announce his campaign. DeSantis, 44, filed a document with the Federal Election Commission declaring his candidacy. His long-expected foray changes the shape of the contest for the Republican nomination, as he likely will emerge […]

By David Morgan, Andrea Shalal and Moira Warburton WASHINGTON (Reuters) -Democratic President Joe Biden and top congressional Republican Kevin McCarthy’s negotiators held what the White House called productive talks on Wednesday to try to close a deal to raise the United States’ $31.4 trillion debt ceiling and avoid a catastrophic default. Time is running short, as the Treasury Department has warned the federal government could be unable to pay all […]

By Andrea Shalal and Nandita Bose WASHINGTON (Reuters) – The White House on Wednesday criticized Republicans and said averting default is the responsibility of every single member of Congress and that preventing such a situation is not a concession. House of Representatives Speaker Kevin McCarthy, a Republican, said on Tuesday the only concession he will make is raising the borrowing limit, which indicated at the time that Republicans are not […]

WASHINGTON (Reuters) – The United States is “deeply concerned” by a meeting between a leading United Nations official for children and Russia’s ombudsman for children’s rights, who is wanted by the world’s permanent war crimes court, State Department spokesperson Matthew Miller said on Wednesday. Maria Lvova-Belova, who is accused by the International Criminal Court’s prosecutor of the war crime of deporting hundreds of Ukrainian children to Russia, said on her […]

(Reuters) – U.S. prosecutors are reviewing stock trading by some of First Republic Bank’s employees during the lender’s recent collapse, Bloomberg Law reported on Wednesday, citing people familiar with the matter. (Reporting by Manya Saini in Bengaluru; Editing by Anil D’Silva) Brought to you by www.srnnews.com

By Patricia Zengerle WASHINGTON (Reuters) -A new U.S. congressional committee on China approved reports on Wednesday pushing back on Beijing over its treatment of Uyghurs and other ethnic minorities and seeking to deter the initiation of a conflict with Taiwan, hoping some of its recommendations become law this year. Members of the Republican-led House of Representatives Select Committee on the Chinese Communist Party approved both reports, its first since the […]

By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose 2% on Wednesday, after a large unexpected drawdown in U.S. crude inventories and a warning from the Saudi energy minister that raised the prospect of further OPEC+ production cuts. Brent crude futures rose $1.52, or 2%, to settle at $78.36 a barrel. U.S. West Texas Intermediate crude (WTI) gained $1.43, or 2%, to $74.34. U.S. crude inventories posted a massive surprise […]

(Reuters) – A Category 4 typhoon hit Guam on Wednesday, packing winds of up to 140 miles per hour (225 kmh) and torrential rain, as it inched across the Western Pacific Ocean, but there were no early reports of deaths or injuries. The slow-moving storm – dubbed Super Typhoon Mawar – delivered rainfall of up to 2 inches (5 cm) per hour overnight, the U.S. National Weather Service (NWS) said […]

By James Oliphant WASHINGTON (Reuters) -Florida Governor Ron DeSantis, whose impassioned battles over pandemic lockdowns and divisive cultural issues have endeared him to conservatives, will announce on Wednesday he is seeking the Republican presidential nomination, placing him on a collision course with former President Donald Trump. DeSantis will make the announcement on Twitter during a discussion with Twitter CEO Elon Musk, DeSantis’ political team confirmed. His campaign on Wednesday filed […]