U.S. still without U.N. ambassador after 150 days of Trump's presidency despite Mike Waltz's nomination in May, raising concerns about America's influence amid global challenges.

U.S. Senate Republicans on Monday proposed a tax bill that would extend a clean fuel tax credit through 2031, but trim 20% of the value of the credit for biofuels made from feedstocks produced outside of the United States.

WASHINGTON -- The Senate is expected to approve legislation Tuesday that would regulate a form of cryptocurrency known as stablecoins, the first of what is expected to be a wave of crypto legislation from Congress that the industry hopes will bolster its legitimacy and reassure consumers.

Top Senate Republicans are running into some resistance from several key senators about the details of President Donald Trump’s “big beautiful bill,” potentially complicating plans to deliver that package by their own July 4 deadline.

A Senate tax package softens some blows imposed on renewables by a House version of the bill. But it still terminates many credits for clean power.

The Senate version of the 2026 budget mega bill is expected to be more aggressive on provider taxes than the House version.

A U.S. Senate panel proposed a full phase-out of solar and wind energy tax credits by 2028 but extended the incentive to 2036 for hydropower, nuclear and geothermal energy, which are favored by President Donald Trump's administration,

Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers who itemized deductions.