The Latest Breaking News from Ro Khanna

WASHINGTON — Congress opted to tread water on legislation that would clarify the agency in charge of the cryptocurrency industry, leaving lawmakers now without a regulator to blame for missing the signs of the FTX collapse this month and facing deep skepticism about some proposals.

FTX founder Sam Bankman-Fried’s prominence on Capitol Hill is said to have tainted bills deemed too favorable to the cryptocurrency industry.

LAS VEGAS — Nevada Democrats have found themselves in a bit of trouble.

Over the eight months since Russia invaded Ukraine, public support for U.S. military aid to Kyiv has been remarkably solid and mostly bipartisan.

Analysts say shared interests will sustain ties despite Washington’s promise of ‘consequences’ over oil production cuts.

Democrats call for suspension of transfer of Patriot missiles in wake of ‘turning point’ in relationship with Saudis

Members of Congress raise prospect of one-year arms sales ban unless kingdom reverses Opec+ decision to cut output

WASHINGTON — President Joe Biden said there would be “consequences” for Saudi Arabia over the decision by OPEC+ to slash production, a move the administration says will benefit Russia by propping up oil prices.

President Joe Biden said Tuesday there will be "consequences” for Saudi Arabia as the Riyadh-led OPEC+ alliance moves to cut oil production and Democratic lawmakers call for a freeze on cooperation with the Saudis.

WASHINGTON — Top aides to President Joe Biden voiced their fury with Saudi Arabia over OPEC+ oil production cuts Tuesday, saying the administration was undertaking a sweeping reevaluation of its relationship and planned to engage with lawmakers clamoring to punish the kingdom.

President Joe Biden is reevaluating the U.S. relationship with Saudi Arabia