Washington Financial News
24.12 / 18:11
White House Looks at Benefits to Lure Americans Back Into Workforce
WASHINGTON—Top White House economic officials are considering a renewed push for a suite of policies aimed at luring more Americans back to work, including enhanced child- care and eldercare benefits, as they hammer out priorities for the coming year.
24.12 / 16:51
European Union
Ukraine war: Seven dead, dozens wounded as Russia attacks Kherson
Russian shells pummeled the southern Ukrainian city of Kherson on Saturday, killing seven people and injuring 58 more.
23.12 / 15:21
White House Looks at Benefits to Lure Americans Back Into Workforce
WASHINGTON—Top White House economic officials are considering a renewed push for a suite of policies aimed at luring more Americans back to work, including enhanced child- care and eldercare benefits, as they hammer out priorities for the coming year.
23.12 / 13:53
UPS
foreign
U.S. Delays Key Step for EV Subsidy Program After Foreign Pushback
WASHINGTON—The Biden administration on Monday delayed proposing detailed rules for new tax incentives for electric vehicles, following strong pushback from European and Asian allies that the subsidy program discriminated against their companies.
23.12 / 10:59
cryptocurrency
FTX collapse
Sec Chair
Even after FTX, SEC chair sees no need for new crypto laws
The swift collapse of the cryptocurrency empire FTX is prompting urgent calls in Washington for legislation to rein in the digital asset industry.
23.12 / 10:09
Technology
European Court of Justice
Wagner
Ukraine war: Russia's Wagner received weapons from North Korea, US claims
The notorious Russian private military company, Wagner Group, has received weapons from North Korea to help bolster its forces as it fights side-by-side with Russian troops in Ukraine, US authorities claimed.
22.12 / 19:11
Senators
Senators Agree to Move Forward on Omnibus Spending Bill
WASHINGTON—Senators broke an immigration-related impasse Thursday morning, reaching a deal on amendments that clears the way to pass a $1.65 trillion spending bill just ahead of the Christmas holiday and a looming winter storm.
22.12 / 17:49
Fighting
Title 42 Fight Stalls Passage of Omnibus Spending Bill
WASHINGTON—Senate Democratic leaders were driving to break an immigration-related impasse Thursday morning over a sprawling spending bill that has put the federal government on the precipice of a partial shutdown just before the Christmas holiday.
22.12 / 17:23
UPS
foreign
U.S. Delays Key Step for EV Subsidy Program After Foreign Pushback
WASHINGTON—The Biden administration on Monday delayed proposing detailed rules for new tax incentives for electric vehicles, following strong pushback from European and Asian allies that the subsidy program discriminated against their companies.
22.12 / 17:23
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
WASHINGTON—The Federal Reserve approved an interest-rate increase of 0.5 percentage point and signaled plans to lift rates through the spring, though likely in smaller increments, to combat high inflation.
22.12 / 11:35
European Union
Cinema
Ukraine war: Russia warns US over sending more weapons to Kyiv
The Kremlin has warned the US that sending more weapons to Ukraine will only aggravate the devastating 10-month war ignited by Russia's illegal invasion.
22.12 / 10:57
European Union
European Parliament
Ukraine war: Zelenskyy thanks 'every American' in a rousing Congress speech
Ukraine's Volodymyr Zelenskyy received a hero's welcome by the US legislators during a defiant wartime visit to the nation's capital on Wednesday, thanking "every American" for helping to fund the war effort with money that is "not charity," but an "investment" in global security and democracy.
22.12 / 03:43
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
WASHINGTON—The Federal Reserve approved an interest-rate increase of 0.5 percentage point and signaled plans to lift rates through the spring, though likely in smaller increments, to combat high inflation.
22.12 / 00:19
21.12 / 15:39
UPS
foreign
U.S. Delays Key Step for EV Subsidy Program After Foreign Pushback
WASHINGTON—The Biden administration on Monday delayed proposing detailed rules for new tax incentives for electric vehicles, following strong pushback from European and Asian allies that the subsidy program discriminated against their companies.
21.12 / 15:39
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
WASHINGTON—The Federal Reserve approved an interest-rate increase of 0.5 percentage point and signaled plans to lift rates through the spring, though likely in smaller increments, to combat high inflation.
21.12 / 12:47
Law
regulation
regulatory
Alaska adds 'virtual currency' to its regulatory regime
From Jan. 1, 2023, the term “virtual currency” will take its place in the money transmission regulations of Alaska. It will oblige the companies dealing with digital currencies to obtain a money transmission license in the state.
21.12 / 11:43
Ukraine war: Zelenskyy heading to Washington to meet US counterpart Joe Biden
Ukrainian President Volodymyr Zelenskyy is preparing to visit Washington DC on Wednesday in his first known trip outside the country since Russia's full-scale invasion in late February.
21.12 / 00:29
Law
SEC
Congress
4 legislative predictions for crypto in 2023
If you saw the returns in my crypto portfolio this year, you would take a pass on my predictions for the direction of the cryptocurrency market. So, I will stick to what I know and share some regulatory predictions for the crypto industry.
20.12 / 17:45
Federal Deficit Widened to a Record $249 Billion Last Month
WASHINGTON—The monthly federal deficit was a record-setting $249 billion in November, $57 billion wider than the same month last year, as Republican control of the House puts the government’s finances back in the political spotlight.
20.12 / 17:45
UPS
foreign
U.S. Delays Key Step for EV Subsidy Program After Foreign Pushback
WASHINGTON—The Biden administration on Monday delayed proposing detailed rules for new tax incentives for electric vehicles, following strong pushback from European and Asian allies that the subsidy program discriminated against their companies.
latest developments in Washington
What is the current situation in Washington?
In Washington, the spotlight is on local government initiatives that affect the region’s daily life.
Where can I find reliable news about Washington?
We publish reliable reports about the situation in Washington, based on information from trusted sources.
What shapes the media agenda in Washington?
The news landscape of Washington is shaped by key decisions by local authorities, reflecting its specific characteristics.
