Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Mitch McConnell has been re-elected as Republican leader in the US Senate
McConnell is moving to complicate Democratic plans by warning that Republicans would react by stopping separate semiconductor legislation
Biden's decision would miss a May 1 deadline for withdrawal agreed to with the Taliban by his predecessor Donald Trump
Trump shattered two days of relative peace in his closing remarks to the GOP's top donors when he insulted the party's Senate leader and his wife
Trump's response comes days after McConnell had voted to acquit Trump during the latter's impeachment trial
McConnell told Republican colleagues in a letter Wednesday he would block starting an impeachment trial before Joe Biden takes office Jan. 20 and control of the Senate shifts to Democrats
McConnell objected to a motion by Senate Minority Leader Chuck Schumer to approve by unanimous consent a stimulus-checks bill that passed the House on Monday
The Dow Jones Industrial Average fell 101.76 points, or 0.33%, to 30,302.21, the S&P 500 lost 9.84 points, or 0.26%, to 3,725.52 and the Nasdaq Composite dropped 57.54 points, or 0.45%, to 12,841.89
McConnell and Republican leaders in Congress have withheld any congratulations or acknowledgement of the results since Biden took on the mantle of president-elect on Saturday
McConnell said the two impeachment charges against Trump that he abused his power and obstructed Congress' ensuing investigation are constitutionally incoherent
McConnell's actions on health care may be a strategy to meet demands of his party and his president