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Revamping Dodd-Frank is a 'this-year priority': U.S. Rep. Hensarling
WASHINGTON (Reuters) - The chairman of the U.S. Financial Services Committee on Tuesday told CNBC that revamping the 2010 Dodd-Frank Wall Street reform law remains a "this-year priority" for President Donald Trump, Vice President Mike Pence and House Speaker Paul Ryan.
Army to allow completion of Dakota Access oil pipeline
The Army has notified Congress that it will allow the $3.8 billion Dakota Access pipeline to cross under a Missouri River reservoir in North Dakota, completing the four-state project to move North Dakota ...
Homeland Security chief regrets rapid rollout of Trump travel ban
By Julia Edwards Ainsley WASHINGTON (Reuters) - Homeland Security chief John Kelly told a congressional panel on Tuesday he should have delayed President Donald Trump's ban on refugees and citizens from seven Muslim-majority countries so he could brief Congress on the executive order. The order, signed with little or no briefing of U.S. government agencies or congressional heads, caused confusion over which travelers were banned and forced the White House to reverse itself and say those with green cards would be granted waivers. The temporary ban ignited international protests as the United States revoked 60,000 visas and detained some travelers who landed in the United States unaware the order had been signed while they were in flight.
Two Republican senators seek to slash legal U.S. immigration
Two Republican senators proposed steps to slash the number of legal immigrants admitted into the United States by half on Tuesday, but the legislation, developed with the Trump administration, faces an uphill climb to get through Congress. Senators Tom Cotton and David Perdue said their bill would cut the number of immigrants granted U.S. residency each year to 500,000 from 1 million, through measures including cutting far back on which relatives can be brought into the country and eliminating a diversity visa lottery.
US military leaders depict shortfalls ahead of likely spending bonanza
Military leaders warned US lawmakers Tuesday that aging equipment, underfunding and understaffing have left the Pentagon critically unprepared, as the Republican-led Congress hopes to usher in a spending bonanza under President Donald Trump. The president has repeatedly said the vast US military is suffering from massive shortages and has vowed a "great rebuilding" of the armed services. Many officials worry that budget caps, known as sequestration, implemented under Barack Obama, have left the military depleted and lacking the readiness to deal with the full array of potential global threats.
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