President Barack Obama is set to seek a $280 million budget for the U.S. Commodity Futures Trading Commission that, while more than the commission currently gets, is lower than his previous request for an agency that has said it lacks the resources to fully oversee markets, according to people with knowledge of the matter.
NATO and the Obama administration made a plea for keeping post-revolutionary Ukraine in one piece as tensions mounted in the Crimea and the Kremlin ordered a test of combat readiness of nearby Russian military units.
President Barack Obama will emphasize Democratic priorities in his next budget, dropping an offer to trim the growth of entitlement spending and proposing new tax limits for U.S.-based multi-national companies.
European Union governments agreed to freeze assets belonging to Ukrainian officials and deny them travel visas, raising pressure on President Viktor Yanukovych to stem the violence between security forces and protesters.
Congressional negotiators selling a budget accord won Republican endorsements for the plan to ease automatic U.S. spending cuts for two years, remove the risk of a government shutdown and cut the deficit by $23 billion.
The most significant change in three decades in how the Senate approves presidential nominees could make one of the least productive Congresses even more gridlocked, endangering efforts to raise the nation’s debt ceiling and fund the government, Republicans say.