Bloomberg Politics: news on page 593

House Moves Toward Stripped-Down Spending Plan to Avert Shutdown

House Moves Toward Stripped-Down Spending Plan to Avert Shutdown

House Republicans are moving toward passage of a stripped down temporary funding measure to avert a government shutdown on Saturday as the prospects of a deal on a host of other issues faded.
South Africa ANC Decides That Central Bank Must Be State-Owned

South Africa ANC Decides That Central Bank Must Be State-Owned

South Africa’s ruling party has ratified a proposal for the state rather than private shareholders to own the central bank.
Trudeau’s Vacation Broke Ethics Rules, Canadian Commissioner Says

Trudeau’s Vacation Broke Ethics Rules, Canadian Commissioner Says

Prime Minister Justin Trudeau contravened Canada’s conflict of interest act, a parliamentary commissioner said.
Trump Says U.S. Will Be Finished With ISIS 'Pretty Soon'

Trump Says U.S. Will Be Finished With ISIS 'Pretty Soon'

President Donald Trump talks to reporters at the White House during a cabinet meeting Wednesday about U.S. efforts to combat the Islamic State terrorist group. (Source: Bloomberg)
Democrats Prepare to Run Against the GOP ‘Tax Scam’ in 2018

Democrats Prepare to Run Against the GOP ‘Tax Scam’ in 2018

Republicans are pitching its middle-class benefits and potential economic growth, but Democrats have united in labeling it a “tax scam” that benefits the wealthy and corporations.
Marathon's Richards Says GOP Tax Plan May Shrink Debt Issuance

Marathon's Richards Says GOP Tax Plan May Shrink Debt Issuance

Bruce Richards, who runs the $14 billion firm Marathon Asset Management, said the Republican tax revamp is likely to reduce corporate debt outstanding as firms use repatriated cash to buy back some of
Trump Says Tax Bill 'Essentially Repealed Obamacare'

Trump Says Tax Bill 'Essentially Repealed Obamacare'

President Donald Trump said that the Republican tax bill that’s expected to clear the Senate on Wednesday will end the healthcare individual mandate. He speaks with reporters at the White House.
Murphy Picks Turnpike Veteran to Be New Jersey Transportation Chief

Murphy Picks Turnpike Veteran to Be New Jersey Transportation Chief

New Jersey Governor-elect Phil Murphy chose a toll-road veteran to oversee transportation.
Puerto Rico Ordered to Make Interest Payments on Pension Bonds

Puerto Rico Ordered to Make Interest Payments on Pension Bonds

Puerto Rico must keep paying pension bondholders while the judge overseeing the island’s bankruptcy case decides whether the investors also have a right to retirement contributions made to government
Poland Signs Court Revamp Into Law, Defying EU

Poland Signs Court Revamp Into Law, Defying EU

Poland defied the European Union’s unprecedented call for member states to punish it for failing to uphold the bloc’s values, signing into law a judicial overhaul that puts the country at risk of
Trump Says Republican Tax Bill ‘Essentially’ Repeals Obamacare

Trump Says Republican Tax Bill ‘Essentially’ Repeals Obamacare

President Donald Trump claimed victory for “essentially” repealing Obamacare in the Republican tax bill that cleared the House on Wednesday.
Trump Says U.S. to Be ‘Finished Pretty Soon’ With Islamic State

Trump Says U.S. to Be ‘Finished Pretty Soon’ With Islamic State

President Donald Trump said the U.S. will “be finished pretty soon” with the Islamic State terrorist group that has inspired attacks in America and Europe.
Israeli Banks Take Telecoms Tycoon Elovitch to Bankruptcy Court

Israeli Banks Take Telecoms Tycoon Elovitch to Bankruptcy Court

Three Israeli banks asked a court Wednesday to break up Eurocom Communications Ltd., saying it’s insolvent. The company is part of Shaul Elovitch’s Eurocom Group Ltd., the controlling shareholder of
Senators Say They’re Closing In on a DACA and Border Deal

Senators Say They’re Closing In on a DACA and Border Deal

Republican and Democratic senators working on an immigration deal say they are closing in on an agreement combining a border-security package with deportation protections for young undocumented
U.S. Sanctions Chechen Chief Kadyrov for Human Rights Abuses

U.S. Sanctions Chechen Chief Kadyrov for Human Rights Abuses

The U.S. Treasury Department sanctioned Chechen leader Ramzan Kadyrov and four other people for human rights violations in Russia, a move likely to exacerbate tensions between Washington and Moscow.
Peru’s Two Vice Presidents Await President’s Impeachment Vote

Peru’s Two Vice Presidents Await President’s Impeachment Vote

Peru’s Congress on Thursday will vote on whether to oust President Pedro Pablo Kuczynski after opposition lawmakers accused him of concealing dealings with Odebrecht SA.
With a Tax Win, Trump Sacrifices His Goal of a Smaller Trade Gap

With a Tax Win, Trump Sacrifices His Goal of a Smaller Trade Gap

President Donald Trump’s tax overhaul is likely to lead to a wider trade deficit next year, no matter what the government bean counters end up saying.
It’s Unclear When Trump Will Actually Sign the Tax Bill

It’s Unclear When Trump Will Actually Sign the Tax Bill

Republicans are on the brink of passing the most extensive rewrite of the U.S. tax code in more than 30 years, but it’s not yet clear when President Donald Trump will actually sign the bill.

Trudeau Sees Pot Legalized by Summer as Law Sits in Senate

Legalized marijuana is coming to Canada next year, but precisely when remains difficult to nail down.
Trump Adviser Gary Cohn Explains Why He Won’t Buy Bitcoin

Trump Adviser Gary Cohn Explains Why He Won’t Buy Bitcoin

Asked Wednesday whether he owns bitcoins or would buy them, Cohn said, “No.”