Harry Reid hangs on to win in Nevada

Harry Reid hangs on to win in Nevada

Senate Democratic Majority Leader Harry Reid won re-election in Nevada against Republican Sharron Angle in a tight race, Fox News projected on Wednesday, a blow to Republicans who had hoped to oust him. Republicans had targeted Reid and poured millions of dollars into Angle’s campaign, which was also backed by the conservative Tea Party group. […]

Split Congress could mean more gridlock on Capitol Hill

Split Congress could mean more gridlock on Capitol Hill

Republicans grabbed the steering wheel of the U.S. House of Representatives on Tuesday, but weren’t expected to get out of the driveway when it comes to restraining Wall Street reforms and fixing housing finance. A political standoff lies ahead for two years on key banking and housing issues as election returns showed Democrats losing control […]

Republican Cantor vows to repeal health reform

WASHINGTON (Reuters) – Representative Eric Cantor, who is likely to become majority leader in the new Republican-led House of Representatives, vowed on Tuesday to repeal healthcare reform and cut federal spending. Read the full story from Reuters

Republican Rand Paul wins Kentucky Senate seat

WASHINGTON (Reuters) – Republican Rand Paul, a favorite among the conservative Tea Party movement, won a Senate seat in Kentucky on Tuesday over Democrat Jack Conway, NBC and CNN projected. Read the full story from Reuters

Bush considered replacing VP Cheney: memoir

WASHINGTON (Reuters) – Former President George W. Bush once considered replacing Vice President Dick Cheney, Bush says in a revealing memoir in which he offers advice on the U.S. economy and admits mistakes on Iraq and Katrina. Read the full story from Reuters

Obama assures South Korea on trade: White House

WASHINGTON (Reuters) – President Barack Obama personally assured his South Korean counterpart about prospects for a long- delayed free trade pact that his administration is working hard to advance, the White House said Tuesday. Read the full story from Reuters

Trade powers spar over outstanding Doha issues

GENEVA (Reuters) – Major trade powers sparred on Tuesday over what needed to be done to finish the long-running Doha round amid a flurry of recent activity to revive the stalled talks. Read the full story from Reuters

Obama says post-election agenda hinges on having allies

WASHINGTON (Reuters) – President Barack Obama said the fate of his policy agenda would depend on having allies in Congress as he pressed supporters to turn out and vote in a bid to minimize his Democrats’ losses in Tuesday’s congressional elections. Read the full story from Reuters