Articles

  • 1 week ago | bloomberg.com | Alicia Diaz |Alicia Díaz |David Westin

    Senator Dave McCormick, a Republican from Pennsylvania, departs following the Senate Republican policy luncheon at the US Capitol in Washington, DC, US, on Tuesday, March 11, 2025. The House is scheduled to vote on a six-month spending bill that would make sure the whole government doesn't shut down, interrupting the fast start of President Donald Trump's second watch.

  • 1 week ago | news.bloomberglaw.com | Alicia Diaz |Alicia Díaz |David Westin

    Republican Senator Dave McCormick predicted a higher tax rate on millionaires won’t fly with the GOP-controlled Congress, throwing cold water on a proposal gaining support in the White House and among some of his fellow lawmakers. “I don’t think that’s likely to happen,” the former Bridgewater Associates chief executive said in a Bloomberg Television interview.

  • 2 weeks ago | bloomberg.com | Alicia Diaz |Alicia Díaz

    Democratic Senator Ron Wyden has introduced a resolution in the Senate to repeal the tariffs, which is expected to hold a vote in the coming weeks. (Bloomberg) -- House Republicans plan to move Wednesday to prevent Democrats from forcing them to take a public vote on President Donald Trump’s global tariffs, a person familiar said.

  • 2 weeks ago | bloomberg.com | Alicia Diaz |Alicia Díaz |Catherine Lucey

    Republican senators expressed anxiety over the potential economic toll of Donald Trump’s global tariffs and pressed his trade representative for more clarity on the president’s objectives in the trade conflict. “Whose throat do I get to choke if this turns out to be wrong?” Republican Senator Thom Tillis of North Carolina asked Tuesday as US Trade Representative Jamieson Greer testified before the Senate Finance Committee.

  • 2 weeks ago | bloomberg.com | Alicia Diaz |Alicia Díaz

    Democratic Senator Ron Wyden said Tuesday he will force a vote on repealing the sweeping global tariffs Donald Trump announced last week, testing political support for the president’s trade war. The Democrat’s gambit will require his Republican colleagues to take a public stand on a tariff offensive that has roiled financial markets for days and raised fears of a recession.

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