Bloomberg Politics: news on page 322

Al-Qaeda Raids in Somalia Scuttle Africa's Plan to Withdraw

Al-Qaeda Raids in Somalia Scuttle Africa's Plan to Withdraw

African troops battling an al-Qaeda affiliate in Somalia for the past decade stand little chance of withdrawing by their deadline in two years as the government remains fragile and a spike in militant
Trump’s Trade War Hits Another Red State

Trump’s Trade War Hits Another Red State

What’s the matter with Kansas? It’ll be hardest hit by new Chinese tariffs.
The Five Men Who Could Be Singapore's Next (Young) Leader

The Five Men Who Could Be Singapore's Next (Young) Leader

Singapore Prime Minister Lee Hsien Loong, 66, has said he will reshuffle his cabinet soon and is widely expected to do so before Parliament reconvenes on May 7. The impending changes will increase the
Senate Won’t Consider Measure to Protect Mueller, McConnell Says

Senate Won’t Consider Measure to Protect Mueller, McConnell Says

The Senate won’t take up legislation designed to thwart any attempt by President Donald Trump to fire Special Counsel Robert Mueller, Senate Majority Leader Mitch McConnell said a week before the
China's $1 Billion White Elephant: the Port Ships Don't Use

China's $1 Billion White Elephant: the Port Ships Don't Use

Each year roughly 60,000 ships vital to the global economy sail through the Indian Ocean past a Chinese-operated port on the southern tip of Sri Lanka. Almost none of them stop to unload cargo.
McConnell Opposes Trump’s Attempt to Cancel Some 2018 Spending

McConnell Opposes Trump’s Attempt to Cancel Some 2018 Spending

Senate Majority Leader Mitch McConnell said Tuesday he opposes a White House attempt to cancel billions of dollars in federal spending from last month’s 2018 appropriations bill.
U.S. Talking Directly to N. Korea at 'High Levels,' Trump Says

U.S. Talking Directly to N. Korea at 'High Levels,' Trump Says

Trump says the United States is talking to North Korea directly and at 'high levels.' Bloomberg's Bill Faries joins Julia Chatterley and Scarlet Fu to explain. (Source: Bloomberg)
GOP Rep. Hensarling on Quarles, Stress Tests, Dodd-Frank

GOP Rep. Hensarling on Quarles, Stress Tests, Dodd-Frank

Republican Congressman Jeb Hensarling of Texas, chairman of the House Financial Services Committee, discusses Federal Reserve Vice Chair for Supervision Randal Quarles' testimony before Congress and
Senator Who Led Opposition to Lula’s Party Faces Corruption Trial

Senator Who Led Opposition to Lula’s Party Faces Corruption Trial

Brazilian Senator Aecio Neves, who narrowly lost the 2014 elections to President Dilma Rousseff, will stand trial before the country’s top court on charges of corruption and obstruction of justice.
Tech Firms May Beat Trump in Debate Over Chinese Joint Ventures

Tech Firms May Beat Trump in Debate Over Chinese Joint Ventures

Lobbyists for IBM and other large U.S. technology companies may succeed in gutting a key part of proposed legislation that aims to subject partnerships with Chinese firms to approval by a secretive
Trump and Kim May Meet in Sweden or Switzerland, Sources Say

Trump and Kim May Meet in Sweden or Switzerland, Sources Say

Sweden and Switzerland are among the places the White House is considering for an unprecedented summit between President Donald Trump and North Korean leader Kim Jong Un, according to people familiar
Kushners and Vornado Have Worst Year at Manhattan Office Tower

Kushners and Vornado Have Worst Year at Manhattan Office Tower

A Manhattan office tower co-owned by Kushner Cos. and Vornado Realty Trust had its worst year since the two firms became partners in the building in 2011.
Justice Department Asks for More Time to Turn Over Comey Memos

Justice Department Asks for More Time to Turn Over Comey Memos

Deputy Attorney General Rod Rosenstein is seeking more time to consider giving three House committees copies of memos that former FBI Director James Comey said he wrote about his meetings with
Nafta Has ‘Absolute Support’ of Mexican Presidential Front-Runner

Nafta Has ‘Absolute Support’ of Mexican Presidential Front-Runner

Mexico’s leading presidential candidate Andres Manuel Lopez Obrador pledges “absolute support” for the North American Free Trade Agreement, his pick for finance minister said.
Rep. Renacci Says Tax Cuts Need to Be Permanent

Rep. Renacci Says Tax Cuts Need to Be Permanent

Rep. Jim Renacci, an Ohio Republican, discusses taxes, de-regulation efforts, and the 2018 mid-term elections with Bloomberg's Shery Ahn and David Westin on "Bloomberg Markets." (Source: Bloomberg)
New Jersey Adopts Automatic Voter Registration

New Jersey Adopts Automatic Voter Registration

Democratic Governor Phil Murphy made New Jersey the latest U.S. state with automatic voter registration at motor-vehicle agencies as mid-term elections loom in November.
Trump Filed Extension for 2017 Tax Return, White House Says

Trump Filed Extension for 2017 Tax Return, White House Says

President Donald Trump will file his taxes by Oct. 15, the White House said Tuesday.
House to Vote This Year on Individual Tax Cut Extension, Ryan Says

House to Vote This Year on Individual Tax Cut Extension, Ryan Says

The House will hold a vote this year to make individual tax cuts permanent, according to House Speaker Paul Ryan.
Trump Considering New Russia Sanctions Despite ‘Confusion,’ Kudlow Says

Trump Considering New Russia Sanctions Despite ‘Confusion,’ Kudlow Says

White House economic adviser Larry Kudlow said the Trump administration is considering more sanctions against Russia.
Kudlow Says TPP Reconsideration Is More of a ‘Thought Than a Policy’

Kudlow Says TPP Reconsideration Is More of a ‘Thought Than a Policy’

White House economic adviser Larry Kudlow downplayed the possibility the U.S. would enter into negotiations to rejoin the Trans-Pacific Partnership trade pact, calling it more of a “thought than a