First lady Jill Biden ceremonially commissioned a nuclear-powered submarine on Saturday, presiding over a display of U.S. naval power with tension between Washington and Moscow at the highest levels since the depths of the Cold War.
President Joe Biden’s plan to tax unrealized capital gains ran into opposition from key Sen. Joe Manchin, likely dooming it just hours after it was sent to Congress.
The House will vote on ending permanent normalized trade relations with Russia and Belarus on Thursday, a move that would allow the U.S. to impose higher tariffs on Russian goods and take other actions.
The top GOP senators on the defense, intelligence, and foreign affairs panels called on the Biden administration to expedite the delivery of arms and equipment to Ukraine, as well as tap into industry to surge production, using $13.6 billion in emergency funding.
President Joe Biden is set to call for an end of normal trade relations with Russia, clearing the way for increased tariffs on Russian imports, people familiar with the matter said. His announcement to revoke such trade privileges will come alongside the Group of Seven nations and European Union leaders, the people said.