Government housing agencies seeking to entice more low-income homebuyers to purchase mortgages are engaged in a price war that could leave taxpayers on the hook if another housing meltdown occurs, according to experts.
The Obama administration continues to resist appeals by U.S. lawmakers to provide lethal aid to Ukraine’s beleaguered military, even as deaths mount in the government’s conflict with pro-Russian separatists.
China pressured international media outlets to censor their news coverage last year in addition to cracking down on domestic journalists, according to a new report.
In July 2014, President Barack Obama traveled to Austin, Texas, for a fundraiser and to tout his economic proposals. Noticeably absent from his schedule was a visit to the border with Mexico, where a surge of child immigrants from Central America was straining state and federal resources. Republican lawmakers and some Democrats accused Obama of failing to exhibit public concern about the crisis.
China is providing an economic lifeline to Russia by boosting its imports of Russian oil, the Wall Street Journal reports.
Treasury Secretary Jack Lew will represent the United States at the 70th anniversary ceremony for the liberation of the Auschwitz concentration camp on Tuesday—rather than President Barack Obama or Vice President Joe Biden—while other countries are slated to send their heads of state.
Comcast’s transformation from a midsize firm in the early 2000s to a lobbying powerhouse epitomizes how businesses can profit from influence in Washington, but the cable and Internet giant is now facing some resistance from the Obama administration and regulators, the Wall Street Journal reports.
Republican senators warned on Thursday that the Obama administration’s program to train rebels in Syria was inadequate and would likely fail to defeat the Islamic State.
The top U.S. Army commander in Europe says Russia has substantially increased its support for separatists in eastern Ukraine since a ceasefire agreement was reached last September, the Hill reports.