Bloomberg Politics: news on page 124

PNC Faces Subpoena Over Low-Income Housing Tax Credits

PNC Faces Subpoena Over Low-Income Housing Tax Credits

PNC Financial Services Group Inc. received subpoenas from federal prosecutors in Florida over practices related to its purchases of low-income housing tax credits, according to a spokeswoman for the
Trump’s Immigration Policies Made Problems Tracking Children Worse

Trump’s Immigration Policies Made Problems Tracking Children Worse

President Donald Trump’s short-lived policy of separating families entering the country illegally worsened the U.S.’s already troubled efforts to protect unaccompanied migrant children from
Five Sticking Points Keeping Xi and Trump From a Trade Deal

Five Sticking Points Keeping Xi and Trump From a Trade Deal

From President Donald Trump’s trade deficit complaints to Chinese counterpart Xi Jinping’s concerns about U.S. efforts to contain his country’s rise, a lot divides the leaders of the world’s two
With Stakes Rising, Merkel Enters the Fray to Calm Turkey Turmoil

With Stakes Rising, Merkel Enters the Fray to Calm Turkey Turmoil

Angela Merkel is reminding Turkish President Recep Tayyip Erdogan that he has a potential ally in Berlin, offering Germany’s credibility to avert a spillover of economic turmoil.
Turkey Follows Russia in Dropping Off Top U.S. Creditor List

Turkey Follows Russia in Dropping Off Top U.S. Creditor List

Turkey dropped off the U.S. government’s list of major owners of Treasury debt, following in the footsteps of Russia in reducing its portfolio.
Cuomo Says America ‘Was Never That Great’

Cuomo Says America ‘Was Never That Great’

Albany, N.Y. (AP) -- America "was never that great" and won't be great until all Americans share true equality, New York Gov. Andrew Cuomo said Wednesday in a speech blasting Republican President
Bahrain's Gulf Allies Review Aid Program in Show of Support

Bahrain's Gulf Allies Review Aid Program in Show of Support

Bahrain’s Gulf Arab allies met to review a financial support program designed to help the country repair its finances and stave off a possible currency devaluation that could roil regional markets.
Colombia Reveals Odebrecht Bribes Were Three Times Larger Than Previously Known

Colombia Reveals Odebrecht Bribes Were Three Times Larger Than Previously Known

Odebrecht SA, the Brazilian construction giant, paid at least $32.5 million in bribes in Colombia -- three times the amount it confessed to almost two years ago when it admitted to carrying out one of
White House Says Turkey’s Tariffs on U.S. Goods Are ‘Wrong Direction’

White House Says Turkey’s Tariffs on U.S. Goods Are ‘Wrong Direction’

The Trump administration assailed retaliatory tariffs imposed by Turkey on $1 billion of U.S. goods as the standoff between the two NATO allies over the detention of an American pastor worsened.
Trump Revokes Security Clearance for Critic and Obama Official John Brennan

Trump Revokes Security Clearance for Critic and Obama Official John Brennan

President Donald Trump has revoked former CIA Director John Brennan’s security clearance, accusing him of “erratic conduct and behavior,” White House Press Secretary Sarah Huckabee Sanders said.
Russia Attacked the Entire Democratic Process, Rep. Quigley Says

Russia Attacked the Entire Democratic Process, Rep. Quigley Says

Rep. Mike Quigley, an Illinois Democrat, discusses Special Counsel Robert Mueller's probe into allegations of Russian meddling in the 2016 U.S. president election. He speaks with Bloomberg's David
Women Lead the Way in Minnesota, Wisconsin Senate Races

Women Lead the Way in Minnesota, Wisconsin Senate Races

Female candidates hold five of the six nominations for U.S. Senate races in Wisconsin and Minnesota as Tuesday's primaries highlighted the expanding presence of women in the 2018 midterm elections.
Thousands March in Brasilia as Lula Files Election Paperwork

Thousands March in Brasilia as Lula Files Election Paperwork

Tens of thousands of supporters of Brazil’s jailed ex-president Luiz Inacio Lula da Silva marched in Brasilia on Wednesday as the Workers’ Party formally registered his application to run for the
EU Says It Won’t Engage in ‘Finger-Pointing’ in Genoa Disaster

EU Says It Won’t Engage in ‘Finger-Pointing’ in Genoa Disaster

The European Union pushed back against suggestions by Italian politicians that EU budget rules may endanger lives after the collapse of a decades-old bridge in northern Italy killed at least 39
‘Ramaphoria’ Evaporates as Reality Sets In for South Africa

‘Ramaphoria’ Evaporates as Reality Sets In for South Africa

If there were any doubts that the euphoria following Cyril Ramaphosa’s election as president of South Africa has worn off, this week’s slump in the rand has removed them.
Baker Who Won at Supreme Court Sues Colorado Over New Bias Case

Baker Who Won at Supreme Court Sues Colorado Over New Bias Case

Denver (AP) -- A Colorado baker who refused to make a wedding cake for a gay couple on religious grounds — a stance partially upheld by the U.S. Supreme Court — has sued the state over its opposition
Trump’s Embrace of Populist Rulers Now Expanding to Hungary’s Orban

Trump’s Embrace of Populist Rulers Now Expanding to Hungary’s Orban

Viktor Orban, the standard bearer for European populism, has become the latest leader to go from pariah to partner in a U.S. foreign-policy shift under President Donald Trump.
Turkey Reverts Back to ‘Stealth’ Tactics to Hike Borrowing Costs

Turkey Reverts Back to ‘Stealth’ Tactics to Hike Borrowing Costs

The Turkish central bank is raising rates, helping to spur an almost 20 percent increase in the lira over the past three days. It’s just not telling the world about it.
Mueller Distorted Fraud Case, Manafort Lawyer Says: Trial Update

Mueller Distorted Fraud Case, Manafort Lawyer Says: Trial Update

Jurors in the Paul Manafort fraud trial are hearing closing arguments summarizing the dramatic testimony over the last two weeks. Witnesses said he made $60 million as a political consultant in
Nigerian Senate Head Says He's Mulling Running for President

Nigerian Senate Head Says He's Mulling Running for President

Nigerian Senate President Bukola Saraki is considering running against President Muhammadu Buhari when Africa’s top oil producer holds elections in February.