Government And Institutions

White House wants to create new surge of tech startups

While tech’s top business leaders gathered at the White House Monday to work with the administration on streamlining processes and cutting the costs of bureaucracy through a technological overhaul, venture capitalists in attendance could be seeking out the next wave of investment opportunities created by the government’s latest push.

White House split over debt ceiling as deadline looms

U.S. Treasury Secretary Steven Mnuchin has repeatedly asked Congress to pass a “clean” debt ceiling bill — with no reforms attached — before the August recess, but Office of Management and Budget Director Mick Mulvaney said Thursday the White House hasn’t decided on a strategy, just over a month before Mnuchin’s recommended deadline.

House votes to gut Dodd-Frank

The United States House of Representatives passed a bill Thursday that would significantly roll back an Obama-era financial law known as Dodd-Frank, enacted in the wake of the 2008 financial crisis.