World Bank president’s resignation opens up possible challenge to Trump from developing countries

Washington (CNN)World Bank President Jim Yong Kim abruptly resigned nearly three years ahead of schedule on Monday, setting up an opening for President Donald Trump to fill — and a potential clash with other countries over the long-standing practice of the US making the appointment. Trump’s daughter took the idea…

Continue reading

Democrats, now in the majority, unveil first piece of legislation

(CNN)Democrats unveiled their first piece of legislation Friday, a collection of voting rights provisions, ethics reforms and a requirement that presidential candidates release 10 years of tax returns, an action aimed at President Donald Trump, who has defied decades of precedent by refusing to release his tax returns to the…

Continue reading

Trump’s wild ride may get bumpier still in 2019

(CNN)Donald Trump has a New Year’s message for Americans reeling from his disruption and exhausted by his impossible-to-ignore presidency: “CALM DOWN AND ENJOY THE RIDE.” Trump begins 2019 seeking a face-saving win from a partial government shutdown that’s doubling as his first clash with the new Democratic House majority. He…

Continue reading

Some companies are still waiting for Cindy Hyde-Smith to refund donations

(CNN)Mississippi Sen. Cindy Hyde-Smith and her Democratic rival Mike Espy spent a whopping $6.6 million in the final weeks of a hard-fought Senate campaign marked by a controversy over her comments that evoked a painful chapter in state history. In addition, three political action committees also saw their money returned…

Continue reading

The 5 House chairs who are about to make life much harder for Trump

(CNN)President Donald Trump will face an intensified level of scrutiny in the new year, with Democratic House committee chairs poised to comb through every corner of his administration, subpoena his Cabinet and investigate his personal finances, associates and business interests. Meet the five chairs most likely to battle the President…

Continue reading

House Democrats scooping up staff, lawyers to power Trump investigations

(CNN)The House Judiciary Committee is looking for a few good lawyers. While Democrats publicly talk up their interest in focusing on legislative priorities like health care and voting rights — not to mention ending the ongoing partial government shutdown — they are quietly preparing for what will likely be the…

Continue reading

US-led coalition strikes ISIS targets in Syria, ‘several hundred’ fighters ‘removed’

(CNN)The US-led combined joint task force fighting ISIS announced Tuesday that it continued airstrikes and coordinated attacks in Syria, days after President Donald Trump’s decision to begin the withdrawal of US troops in the country. “ISIS presents a very real threat to the long-term stability in this region and our…

Continue reading

Mnuchin speaks with US bank executives to reassure investors after Wall Street whiplash

Washington (CNN)In a precautionary move, Treasury Secretary Steven Mnuchin spent Sunday on the phone speaking with the chief executives of six of the country’s largest banks to avoid yet another market whiplash when Wall Street opens Monday. The secretary said none of the financial institutions had experienced “any clearance or…

Continue reading

Trump Foundation agrees to dissolve under court supervision

(CNN)President Donald Trump’s personal charitable foundation has agreed to dissolve under judicial supervision amid an ongoing lawsuit concerning its finances, according to a document filed Tuesday in Manhattan Supreme Court by the New York state Attorney General’s office. The agreement to dissolve, signed by both an attorney forthe foundation and…

Continue reading

This small-dollar platform helped Democrats win the House. Now Republicans are racing to compete.

Washington (CNN)ActBlue, the online fundraising platform for liberal candidates and causes, helped drive more than $1.2 billion into federal campaigns in the midterm elections. That money fueled Democratic victories in the House and has left Republicans scrambling to build an equivalent powerhouse on the right. “People wanted to do something…

Continue reading