Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Highlights: The Trump presidency on April 4 at 1:18 p.m. EDT

Published 04/04/2017, 01:24 PM
Updated 04/04/2017, 01:30 PM
© Reuters.  Highlights: The Trump presidency on April 4 at 1:18 p.m. EDT

(Reuters) - Highlights of the day for U.S. President Donald Trump's administration on Tuesday:

SENATE SHOWDOWN ON GORSUCH

Moving toward a climactic showdown over Trump's Supreme Court nominee, the top Senate Republican says he will start the clock ticking toward a vote to cut off a Democratic effort to block conservative Judge Neil Gorsuch's confirmation.

HEALTHCARE OR TAX OVERHAUL?

As Trump and congressional Republicans lurch between repealing Obamacare or rewriting the federal tax code as their top priority, House of Representatives Speaker Paul Ryan dampens White House hopes for a quick vote on healthcare legislation.

INFRASTRUCTURE

Trump vows to cut red tape to speed up approval of infrastructure projects and say his overhaul could top $1 trillion on roads, tunnels and bridges, one of his 2016 election campaign promises.

SYRIAN CHEMICAL WEAPONS ATTACK

The White House blames a deadly chemical weapons attack in Syria's Idlib province on the government of President Bashar al-Assad and says the incident was "reprehensible and cannot be ignored by the civilized world."

KUSHNER IN IRAQ

Trump's son-in-law Jared Kushner travels with the top U.S. general to an Iraqi base 10 miles (16 km) from Mosul, and voices hope the city's eventual recapture from Islamic State would be "a victory for the world."

CHINA SUMMIT

Although worried about the prospect of a trade war, American businesses operating in China nonetheless want Trump to wring some concessions on market access from China's leader Xi Jingping when the two meet this week.

CARBON TAX, VAT

The White House is exploring a value-added tax and a carbon tax as part of a planned tax code overhaul, The Washington Post reports, citing an unidentified administration official and a person briefed on the matter.

NEXT SEC HEAD

The Senate Banking Committee votes to advance Jay Clayton's nomination as the next chief of the Securities and Exchange Commission to the full Senate for approval.

Before his nomination to head the SEC, the Wall Street attorney communicated with more than a half dozen of Trump's transition representatives, including one whose company has a multimillion-dollar contract with the agency, according to documents seen by Reuters.

DODD-FRANK "HAIRCUT"

Trump says his administration is working on changes to Dodd-Frank banking regulations that will make it easier for banks to loan money.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.