Senate unable to move forward with stablecoin legislation due to political impasse
A bill aimed at establishing a payment framework did not clear significant obstacles in the Senate on Thursday, following several Democrats’ decisions to oppose its progression. The Senate voted 48-49 on whether to end the debate regarding the motion to advance the Genius Act. Democrats who had previously backed the Genius Act withdrew their support […]
Bessent believes China impasse over tariffs will be de-escalated
The Big Money Show panel examines the impact of tariffs on China amid trade uncertainty. Treasury Secretary Scott Bessent said at Investor Summit on Tuesday that Fox Business has learned that the US and China are expected to rule out a deadlock on tariffs as it is unsustainable for both countries. Bessent said negotiations have […]
Iran Talks Hit Impasse as Regime Says Nuclear Enrichment ‘Non-Negotiable’
The first direct talks between the US and Iran hit obstacles as the Iranian administration declared its nuclear enrichment on Wednesday as it was “unnegotiable.” Iran enriches uranium well beyond the level required for civilian purposes. The only reason we continue to enrich uranium is to build stockpiles of fissile material that can be used […]
House GOP’s budget impasse thaws just as winter storm sacks Capitol
Democrats are targeting Doge and Elon Musk FOX News Senior Congressional Correspondent Chad Pergram reports on the Democratic pushback to government efficiency and government spending proposals. The story is said to be cheap. And so, House Republicans have done much of that as they tried to build internal contracts on budget plans that cut taxes […]
Trump faces pressure to break GOP impasse over agenda
President-elect Trump faces demands from House Republicans to resolve disagreements between the two chambers over how Republicans should begin tackling the issue. As some House Republicans consider introducing a tax-focused reconciliation bill, members of the conference are looking to President Trump to set the tone. “Ultimately, and quite intuitively, the president is going to ask […]
UAE urges countries to honour fossil fuels vow amid Cop29 impasse | Cop29
The world must support last year's historic resolution to transition away from fossil fuels, the United Arab Emirates said, to intervene forcefully in the harmful fight over climate change. The oil nation's stance was a sharp rebuke to its neighbor and close ally Saudi Arabia, which sought to walk away from global commitments at United […]
Boeing, union at strike impasse as company halts talks, withdraws pay offer
Boeing proposed improvements to the main manufacturing union before breaking off negotiations, but union negotiators said the changes were minor and did not cover key areas needed to resolve the nearly month-long strike. he told Reuters on Wednesday. Boeing Co. on Tuesday announced it had withdrawn a salary offer for some 33,000 members of the […]
No progress seen in HealthPartners/UnitedHealthcare impasse over Medicare Advantage claim denials – St. Paul Pioneer Press
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DirecTV files complaint against Disney with FCC as impasse enters 2nd week
The impasse between DirecTV and Disney over a new broadcast deal is entering its second week and has intensified. DirecTV filed a complaint with the Federal Communications Commission on Saturday night, accusing Disney of negotiating in bad faith. Disney Channel (including ESPN and ABC-owned stations in nine markets) I canceled my DirecTV subscription. Since the […]
As DNC approaches, Anti-Israel ‘uncommitted’ movement remains at impasse with Democratic party
As the Democratic National Convention approaches, some Democrats remain concerned about the possibility of losing support from “independent” voters who are outraged by U.S. support for Israel’s attack on Gaza. It’s unclear how influential the “apathy” campaign will be, as voter apathy is less of a threat given Harris’s increased campaign enthusiasm compared to Biden’s. […]