All posts tagged: stalemate

Mongolia Names New Prime Minister Following Stalemate in Parliament

Mongolia Names New Prime Minister Following Stalemate in Parliament

Published by Sam Flores

BEIJING, March 31 (Reuters) – Mongolia’s parliament on Monday confirmed ⁠Uchral ⁠Nyam-Osor as the nation’s third ⁠prime minister in nine months, following his predecessor’s resignation last week ​over strife within the ruling Mongolian People’s Party and a legislative stalemate. During a parliamentary session on ‌Monday, 88 out of 107 lawmakers ‌voted to appoint Uchral to the coal-rich country’s No. 2 post, after the 39-year-old ⁠vowed to ⁠trim the bureaucracy and stabilise import prices, the official Montsame news ​agency reported on Tuesday. The outgoing prime minister, Zandanshatar Gombojav, resigned on Friday, a move analysts say was a compromise to resolve a boycott of the parliamentary session by the opposition Democratic Party ​and a faction within the ruling MPP over the past two weeks. Zandanshatar assumed ⁠the ⁠post in June 2025 after ⁠Luvsannamsrai Oyun-Erdene ​was ousted following corruption allegations that erupted into street protests. Despite the leadership change, political ​volatility and the impasse in ⁠parliament are unlikely to be quickly resolved. “There is deep animosity between the ruling party and the opposition, divide among factions within a party, …

Senate stalemate, secretary switch, stalled salaries: DHS shutdown at 1 month

Senate stalemate, secretary switch, stalled salaries: DHS shutdown at 1 month

Published by Sam Flores

Morning Report is The Hill’s a.m. newsletter. Subscribe here. In today’s issue: ▪ Pressure rises to end Iran conflict ▪ US eases Russia oil sanctions ▪ American aircraft crashes in Iraq ▪ Updates on Michigan, Virginia violence The shutdown at the Department of Homeland Security (DHS) will officially reach the one-month mark tonight at midnight, with… Source link

White House meeting fails to resolve US crypto legislation stalemate

White House meeting fails to resolve US crypto legislation stalemate

Published by Sam Flores

Feb 3 : A White House meeting aimed at breaking a months‑long stalemate between major U.S. banks and cryptocurrency firms ended Monday without any agreement, underscoring industry divisions that continue to threaten progress on landmark digital‑asset legislation. The closed‑door session, convened by the White House’s crypto council, brought together representatives from the crypto industry and the banking industry in an effort to reach an agreement on stalled crypto market structure legislation. Both sides emerged from the meeting describing it as constructive, but fundamental disagreements that upended the bill’s progress remained unresolved. Representatives from trade groups for the banking and crypto industries were in attendance, including the American Bankers Association, the Independent Community Bankers of America, the Blockchain Association and The Digital Chamber.  Crypto market structure legislation has been held up by a clash between the two industries over how the bill treats interest and other rewards paid on stablecoins, a sticking point that has pitted the two sides against each other for months. Banks have been pushing for language in the bill prohibiting the practice. …

Budget nightmare pushes French PM toward risky options to end stalemate – POLITICO

Budget nightmare pushes French PM toward risky options to end stalemate – POLITICO

Published by Sam Flores

MPs returned from the holiday break with little more appetite to strike a deal, and the prospects of Prime Minister Sébastien Lecornu’s minority government persuading a majority to back a budget — one that includes politically sensitive measures to rein in France’s chronic deficit — have all but evaporated. Lecornu in a Friday evening address attempted to get Socialists on board by promising 1 euro lunches for university students as well as more teachers in public schools. For the conservative Les Républicains, he agreed to their demand to abandon plans to increase taxes on pensioners and doubled down on his previous pledge not to increase taxes on households and companies. “The government will not give up on compromise,” he said. Lecornu’s office earlier sent a statement to reporters saying “continued sabotage” by France’s two largest opposition forces — the hard-left France Unbowed and the far-right National Rally — had made it impossible to pass a budget, even though these two parties don’t hold a majority of seats in parliament, and even though most lawmakers — …