
Federal Reserve chief Jerome Powell urged Congress on Wednesday to take action on the rising US debt and deficit to ensure the continued growth of the American economy. Called before the Joint Economic Committee to discuss the economic outlook, the central bank chief stressed that it was not his role to give policy advice, before he gave diplomatically-worded policy advice.

A delegation of five members of the United States Congress is in Gibraltar for a two day visit. This follows the trip to Washington by Deputy Chief Minister Dr. Joseph Garcia earlier this year. The visit has been organized through the United Kingdom under the Mutual Educational and Cultural Exchange Act (MECEA) scheme.

US President Donald Trump said on Monday that a compromise bipartisan budget agreement has been reached that will boost federal spending by US$320 billion and suspend the debt limit beyond the next presidential election.

The US Treasury will not hand President Donald Trump's tax returns over to Democratic lawmakers, defying a demand from Congress, US Treasury Secretary Steven Mnuchin said on Monday.

House Speaker Nancy Pelosi on Thursday accused the top US law-enforcement officer of committing a crime by lying to Congress, escalating the showdown between Donald Trump's administration and the Democrats investigating him.

The US House of Representatives has voted to revoke President Donald Trump's emergency declaration over building a US-Mexico border wall. The bid to overturn the declaration now goes to the Republican-majority Senate, where some conservatives have said they will vote with Democrats.

Millions of US taxpayers will still receive refunds despite an ongoing partial government shutdown, the White House has said. The Internal Revenue Service (IRS) has previously delayed tax refunds during a government shutdown.

United States defense Secretary Jim Mattis is stepping down from his post, President Donald Trump announced on Thursday, after the retired Marine general clashed with the president over a troop drawdown in Syria and Trump's go-it-alone stance in world affairs.

The US Senate has voted to withdraw US military aid for Saudi Arabia's war on Yemen and to blame the kingdom's crown prince for the murder of a journalist. The historic vote is the first time any chamber of US Congress has agreed to pull US forces from a military conflict under the 1973 War Powers Act.

Cuba on Friday said new sanctions planned by the United States were a futile attempt to change its policies and would only further isolate Washington internationally.