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GOP looks to shake up US-China trade

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Republican bill threatens Chinese trade relations The top Republican focused on U.S. competition with China introduced a bill Thursday to end normal trade relations with Beijing. © Greg Nash Rep. John Moolenaar (R-Mich.), who chairs the...

Cruz calls Gaetz pick ‘very surprising,’ will assess on ‘merits’

Texas Sen. Ted Cruz (R) said that President-elect Trump choosing Rep. Matt Gaetz (R-Fla.) to serve as attorney general was "very surprising," though he has "trust" in the confirmation hearing process. "As for that particular nomination, look, we have a process under the Constitution where the Senate provides advice and consent. And I trust that...

Pressure mounts on Ethics Committee to release Gaetz report

Pressure is building on the House Ethics Committee to release its findings on former Rep. Matt Gaetz (R-Fla.), who President-elect Trump said he will nominate to be attorney general. Such a move would be highly unusual, since the committee has no jurisdiction to investigate a former lawmaker, and does not typically release information on investigations...

House Republicans probe allegations of FEMA discrimination in Florida

House Republicans are probing allegations of discrimination by the Federal Emergency Management Agency (FEMA) in Florida following the termination of an agency employee who advised a survivor assistance team to skip homes with President-elect Trump campaign signs. The House Committee on Transportation and Infrastructure is calling on FEMA Administrator Deanne Criswell to brief the panel...

18 states sue SEC, Gensler for ‘regulatory overreach’ on crypto

Eighteen Republican attorneys general sued the Securities and Exchange Commission (SEC) and Chair Gary Gensler on Thursday for allegedly overstepping the agency’s authority in its enforcement actions against the cryptocurrency industry.  The states, led by Kentucky Attorney General Russell Coleman, argue that the SEC has sought to “unilaterally wrest regulatory authority away from the States”...

Democratic governor ‘excited’ by RFK Jr. pick for HHS

Colorado’s Gov. Jared Polis (D) said he was “excited” by Robert F. Kennedy Jr.’s nomination for the Secretary of Health and Human Services. “I’m excited by the news that the President-Elect will appoint @RobertKennedyJr to @HHSGov. He helped us defeat vaccine mandates in Colorado in 2019 and will help make America healthy again by shaking...

NATO jets scrambled after Russian planes seen off Norway and over Baltic Sea ‘not adhering to international norms’

Italian and Norwegian jets responded under NATO authority on Tuesday to multiple Russian aircraft “not adhering to international norms.” NATO Allied Air Command said on Thursday that Italy’s air force intercepted a Russian Coot-A over the Baltic Sea, and Norway’s air force “took off to identify multiple Russian aircraft flying in international airspace off the...

New Senate bipartisan border bill introduced in wake of Trump election victory

The Border Smuggling Crackdown Act raises federal penalties based on the number of people smuggled and severity of harm, aiming to deter organized human smuggling.

Trump privately backed John Thune in tight leader race, Sen Steve Daines suggested

Sen. John Thune was privately backed by President-elect Donald Trump, Steve Daines told his colleagues, despite Trump's choice not to publicly endorse.

Trump nominates former SEC chairman Jay Clayton as US attorney for Southern District of NY

President-elect Trump nominated the former chairman of the U.S. Securities and Exchange Commission, Jay Clayton, to serve as the U.S. attorney for the Southern District of New York.

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