VENTURE CAPITAL POST

President Joe Biden faces pressure from prominent donors within his party, including Disney heiress Abigail Disney, who announced she would cease funding to the Democratic Party.

Blackstone Group chairman and CEO Stephen A. Schwarzman announced that he would be supporting the re-election bid of former US President Donald Trump this November.

The Department of Justice has been requested by House and Senate Democrats to consider its probe into oil industry's climate change misinformation.

White House officials said the Biden administration would impose a massive tariff increase on Chinese electric vehicles in an announcement on May 14.

Led by Rep. Guy Reschenthaler (R-Pa.), the proposal aims to rename the prominent airport as Donald J. Trump International Airport.

Tech magnate Elon Musk has accused Google of intervening in elections to back Democratic candidates on numerous occasions.

President-elect Donald Trump has been filling his cabinet with surprising choices. His picks to hold significant positions in the cabinet are known adversaries of the agencies they will hold. Although his choices did not receive wide favorable response, he believes that his cabinet will remove regulations that stifle growth.

While trying to put too much attention on his bid for re-election on North Carolina’s financial system, revenues, teacher pay and the response to a significant flooding, Pat McCrory, Republican Governor, was in the hot spot as he signs a regulatory that limits the protections for the members of the LGBT community.

The US federal contracts are somehow still not won by the women-owned small companies in this day and age. Senator Jeanne Shaheen has openly expressed her disappointment regarding this sobering fact. But she is still optimistic that the changing laws would rectify the situation and empower women with the experience to bid for larger and more competitive federal contracts in the future.

Lawmakers in the House of Representatives who are trying to end the decades-old ban on U.S. crude oil exports said on Thursday they were gaining support after a Democrat joined the Republican-led effort. Representative Henry Cuellar became the first Democrat to sign on to a bill launched in February by Representative Joe Barton, a Republican and fellow Texan.

The Obama administration is battling Wall Street to win the support of dozens of Democrat lawmakers over rules that could rein in brokers who handle trillions of dollars in retirement accounts.

The Obama administration is confident lawmakers will warm up to a proposed Pacific free trade deal on the grounds it is a chance for the United States, rather than China, to dictate the rules of Asian trade, a top official said on Thursday.

Senior Democrats in the House of Representatives said on Thursday they would insist President Barack Obama provide hard evidence that proposed free trade deals will boost median U.S. incomes, laying out tough terms to support his trade agenda.

Supporters and critics of free trade are readying for a bitter battle this year over major free trade deals and legislation to fast-track trade agreements through the U.S. Congress.

Washington state Governor Jay Inslee on Thursday proposed a new tax on capital gains to try to close a projected budget shortfall of more than $2 billion, rolling back on a no-new-taxes campaign pledge.