Economy likely to pick up, though pain may linger for some
S&P Global Ratings estimates that the economy lost $6 billion because of the government closure—a sizable but relatively negligible sum in a $19 trillion-plus U.S. economy.
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Trump reaches deal with Congress to reopen government for three weeks
Yielding to mounting pressure and growing disruption, President Donald Trump and congressional leaders on Friday announced a short-term deal to end the shutdown while negotiations continue over funding for a wall at the U.S.-Mexico border.
Trump associate Stone arrested, faces obstruction charge
The indictment provides the most detail to date about how Trump campaign associates were aware in the summer of 2016 that emails had been stolen from the Hillary Clinton campaign and wanted them released.
Poll: Support for ‘Medicare-for-all’ fluctuates wildly with details
“Medicare-for-all” makes a good first impression, but support plunges when people are asked if they’d pay higher taxes or put up with treatment delays to get it.
South Bend Mayor Pete Buttigieg jumps into 2020 presidential race
Buttigieg has touted his work to improve his city of 100,000 residents as he's prepared for an improbable jump from local politics to a presidential campaign.
U.S. Senate sets up showdown votes on shutdown plans
Senate Majority Leader Mitch McConnell, R-Ky. set up the two showdown votes for Thursday, a day before some 800,000 federal workers are due to miss a second paycheck.
Political upstarts like Indiana’s Buttigieg getting serious look in age of Trump
South Bend Mayor Pete Buttigieg is barely old enough to run for president, but he and other young potential candidates are finding encouragement at a time when conventional election wisdom has been upended.
From travel to IPOs, here’s how shutdown is upsetting U.S. economy
Delta Air Lines can’t get eight new aircraft in the air. Roughly a million government employees and contractors aren’t being paid. Some Americans who are trying to start small businesses face delays in obtaining information from the IRS.
Senators ask FDA to update rules on CBD, hemp products
Congress legalized the production and sale of industrial hemp and hemp derivatives, including CBD. But FDA Commissioner Scott Gottlieb has restated his agency’s stance that CBD is a drug ingredient and therefore illegal to add to food or health products without his agency’s approval.
Former Rep. Luke Messer joins FaegreBD consulting team in D.C.
Messer will co-lead the firm’s federal advocacy team with FaegreBD principal Ted Bristol, who served as legislative advisor to senior Democrats in the U.S. House and Senate.
Justice Department opinion could threaten online gambling
Several states—but not Indiana—moved to authorize online gambling after an Obama administration decision appeared to allow it. Now, the Justice Department is reversing that opinion.
Trump rejects suggested short-term government shutdown fix
Leaving the White House for a trip to New Orleans, Trump said he had dismissed the proposal from Republican Sen. Lindsey Graham to reopen for several weeks and continue dealing with Democrats over Trump’s long-promised wall on the U.S.-Mexico border.
Veep Pence tested in role of messenger for Trump policies
The vice president has been one of the administration’s most visible emissaries during the shutdown fight, meeting with lawmakers, sitting for interviews and leading staff-level talks. But he’s been repeatedly undermined and contradicted by his boss.
Shutdown update: Trump says he’ll sign off on back pay for federal workers
The partial government shutdown stretched into its 21st day on Friday, tying the record for the longest. Judges, law enforcement officers, NASA engineers, weather forecasters and office staff were among some 800,000 federal workers who missed their first paychecks.
Trump eyeing citizenship path in worker visa program
President Donald Trump said his administration is looking at changing a foreign worker visa program to include a more direct path to citizenship, as he wrestles with Democrats in Congress over funding for his border wall.
Local accounting firm sanctioned by feds, pays $102K penalty
The U.S. Securities and Exchange Commission has accepted settlement offers from Katz, Sapper & Miller—the area's largest locally based accounting firm—and one of its partners for what the SEC described as "improper professional conduct."
U.S. companies to gain staunch defender in Trump’s DOJ pick
President Donald Trump’s choice to lead the Justice Department comes with a track record that signals he could take a softer stance in policing mergers and promote a more business-friendly approach to prosecutions.
U.S. says China willing to buy more American as trade talks end
China and the United States concluded three days of talks Wednesday with a cautious sense of optimism that the world’s two biggest economies might be able to reach a deal that ends their bruising trade war.
Would-be dealmakers warn of M&A, IPO delays due to shutdown
A prolonged shutdown could muddle Eli Lilly and Co.’s plan to unload its stake in Elanco Animal Health Inc., the unit it spun off last year, Lilly CEO Dave Ricks said.
Lilly to disclose more information about drug pricing
Eli Lilly and Co. won’t put the price of its prescription drugs in television ads, as the Trump administration has called for pharmaceutical companies to do, but will begin promoting a website where prices are available.