WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell called on the White House on Tuesday to replace Sarah Bloom Raskin with a different nominee to become the Federal Reserve’s top bank regulator position. “President Biden’s selection w…
U.S. SEC Democratic Commissioner Lee to leave agency after term ends in June
WASHINGTON (Reuters) – U.S. Securities and Exchange Commission (SEC) Democratic Commissioner Allison Lee plans to leave the agency after her term ends in June, the agency said in a statement. Lee said she will remain in office until a successor is name…
COVID, War and Fed push world stocks down for 4th day
By Tommy Wilkes and Saikat Chatterjee LONDON (Reuters) – World stocks fell for a fourth consecutive session on Tuesday as a combination of rising COVID-19 cases in China, the war in Ukraine and worries about the Federal Reserve raising interest rates t…
GCC officials consider inviting Yemen Houthis to consultations in Riyadh
By Aziz El Yaakoubi RIYADH (Reuters) -The Saudi-based Gulf Cooperation Council (GCC) is considering inviting the Houthi movement and other Yemeni parties for consultations in Riyadh this month as part of an initiative aimed at backing U.N.-led peace ef…
Cryptoverse: Bitcoin’s scared of commitment, Mr Biden
By Medha Singh (Reuters) – Bitcoin loves flirting with the mainstream. But now, as the U.S. president says he wants to get serious, it may be getting cold crypto feet. When Joe Biden ordered officials to prepare reports on the role of cryptocurrencies …
In rare mistake, prosecutors seek dismissal of charges against Capitol riot defendant
By Sarah N. Lynch WASHINGTON (Reuters) – Federal prosecutors on Monday asked a judge to dismiss criminal charges against a Capitol riots defendant and release him from jail, a rare admission in a court filing that the Justice Department had violated hi…
British businessman victim of execution-style hit in Mexican tourist zone
MEXICO CITY (Reuters) -A British businessman living in Mexico was killed in front of his teenage daughter by gunmen who opened fire on his car near the popular tourist destination Playa del Carmen, according to a state government source and local media…
Refugee exodus reaches 2.8 million as Russia strikes hit west Ukraine
By Mari Saito, Fedja Grulovic and Pawel Florkiewicz KRAKOW, Poland/ISACCEA, Romania (Reuters) -People fleeing what had been the relative safety of western Ukraine joined thousands crossing into eastern Europe on Monday after Russia attacked a Ukrainian…
Iran strike on Iraq signals defiance to US allies in region – officials, experts say
By John Davison BAGHDAD (Reuters) – Billed by Tehran as a warning to Israel, Sunday’s attack on an Iraqi city was also a pointed reminder of Iran’s armed clout for its U.S. and Arab foes at a delicate moment for the Islamic Republic, Iraqi and Western …
Democratic group complains Trump funding presidential campaign illegally
By Jason Lange WASHINGTON (Reuters) – One of the biggest Democratic Party fundraising groups on Monday said it filed a complaint with the Federal Election Commission accusing Donald Trump of breaking campaign finance law by spending political donations…