Page 3 - Us Senate

Credit Suisse faces US tax probe, Senate inquiry over accounts: Report

Credit Suisse's main banking unit pleaded guilty in 2014, admitting it helped thousands of Americans evade taxes. It paid $2.6 billion under that deal

US Senate approves $12.3 billion aid for Ukraine in war against Russia

US Senate approved emergency aid of USD 12.3 billion to Ukraine in its war against Russia; the measure will not only continue government spending but will also help in war to a greater extent

US Senate ratifies international climate deal to limit use of refrigerants

In a major action to address climate change, the Senate has ratified an international agreement that compels the United States and other countries to limit use of hydrofluorocarbons, highly potent greenhouse gases commonly used in refrigeration and air conditioning that are far more powerful than carbon dioxide. The so-called Kigali Amendment to the 1987 Montreal Protocol on ozone pollution requires participating nations to phase down production and use of hydrofluorocarbons, also known as HFCs, by 85% over the next 14 years, as part of a global phaseout intended to slow climate change. The Senate approved the treaty, 69-27, above the two-thirds margin required for ratification. HFCs are considered a major driver of global warming and are being targeted worldwide. Nearly 200 nations reached a deal in 2016 in Kigali, Rwanda, to limit HFCs and find substitutes more friendly to the atmosphere. More than 130 nations, including China, India and Russia, have formally ratified the agreeme

Joe Biden urges Republican Party to support Disclose Act in Senate voting

US President Joe Biden has urged the Republican Party to support the Disclose Act, which aims at fighting "dark money" by requiring political parties to reveal the names of big donors, ahead of voting on it before the Senate this week. The Disclose Act has already been passed by the US House of Representatives. Biden stressed that 'dark money' erodes public trust which needs to be protected. "Republicans should join Democrats to pass the Disclosure Act and get it on my desk right away. 'Dark money' has become so common in our politics that I believe sunlight is the best disinfectant. I acknowledge it's an issue for both parties," Biden told reporters at the White House. "But here's the key difference Democrats in Congress support more openness and accountability and republicans in Congress so far don't. I hope they'll come around," he said. The US president said Republican Senators should follow the lead of party governors in state legislatures in Tennessee and Wyoming that have

Chinese firms' New York listings face greater scrutiny in new Senate bill

Rick Scott, a Republican, and Chris Van Hollen, a Democrat, said they'd introduced legislation to crack down on so-called variable interest entities that Chinese businesses commonly use for listings

US Senator Jon Ossoff on 8-day visit to India to boost bilateral relations

United States Senator Jon Ossoff arrived in India on Tuesday on an eight-day visit to boost bilateral relations between the two countries

US senator Marsha Blackburn visits Taiwan amid high tensions with China

U.S. Sen. Marsha Blackburn arrived in Taiwan on Thursday, in the second visit by members of Congress since House Speaker Nancy Pelosi's trip earlier this month sharply raised tensions with China. Blackburn, a Republican from Tennessee, landed in Taipei late Thursday after visiting the Solomon Islands and Papua New Guinea. Pelosi was the highest-level member of the U.S. government to visit Taiwan in 25 years. China responded to her trip with large-scale military exercises that included firing missiles over the island and sending ships across the midline of the Taiwan Strait, seen as a buffer between the two sides. Some of the missiles fired landed in Japan's exclusive economic zone. China claims self-ruled Taiwan as its own territory, to be taken by force if necessary, and sees high-level foreign visits to the island as interference in its affairs and de facto recognition of Taiwanese sovereignty. Following Pelosi's trip, a delegation of House and Senate members visited. This wee

Twitter whistleblower Peiter Zatko to testify before US Senate on Sept 13

The committee said it had subpoenaed Zatko, the company's former security chief, to appear a day after he went public with allegations that Twitter has failed to adequately protect data

Study finds link between 2020 US Prez polls, 2021 Georgia Senate elections

After the 2020 US presidential election and President Joseph R. Biden's close victory in Georgia, misinformation and claims of election fraud were promoted

In Biden's big bill: Climate change, health care, deficit reduction

The biggest investment ever in the US to fight climate change. A hard-fought cap on out-of-pocket prescription drug costs for seniors in the Medicare program

Senate Democrats approve big Biden deal worth $740 bn; House to vote next

Democrats pushed their election-year economic package to Senate passage, a hard-fought compromise less ambitious than Biden's original domestic vision but one that still meets deep-rooted party goals

Here's what to expect from Senate's tax, climate and healthcare bill

After more than a year of stop-and-start negotiations, Democrats on Sunday agreed to a narrow bill to invest in energy initiatives, curb drug prices and reduce the deficit

Senate Democrats fend off changes to $430-bn climate and drug Bill

Senators, working over the weekend to pass a bill central to Biden's domestic agenda, labored through the morning in hopes of passing the bill before starting an August recess

US Senate Democrats ready climate, spending bill for Saturday vote

US Democratic Senators were putting the finishing touches to a massive climate and spending package that they expect to pass on a party-line vote on Saturday

US Senate approves bill to aid veterans exposed to toxic burn pits

A bill enhancing health care for millions of veterans exposed to toxic burn pits won final approval in the Senate, ending a brief stalemate over the measure that had infuriated advocates

Bipartisan group of senatoers pushing bill to restore abortion rights

A bipartisan group of senators is pushing compromise legislation to restore abortion access in the wake of the Supreme Court decision to overturn Roe v Wade

US Senators ask UN to exclude Taliban of any seat at United Nations

Emphasizing on the ever-increasing restrictions and ongoing violation of human rights by the Taliban leadership, US Senators urged UN Secretary to exclude Taliban of any seat at the United Nations

US House passes $280 bn bill to aid computer chip firms, counter China

The House passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States

US Senate passes bill to boost chip production, counter China's dominance

The US Senate has approved a bill to bolster the domestic manufacture of semiconductor chips and counter China's share in the global chip production

$280 bn bill to boost semiconductor industry passes key Senate test

The Senate advanced a $280 billion bill designed to boost the semiconductor industry in the United States and to accelerate high tech research