US Treasury Secretary Wants More Sanctions on N. Korea

Posted September 04, 2017

Speaking on Fox News, Mnuchin said he would ask U.S. President Donald Trump to strongly consider cutting off all trade with new sanctions.

Flood waters in Houston during Tropical Storm Harvey.

. "So we need to put politics aside".

The Trump administration signaled Sunday it wants to attach funding for the Hurricane Harvey recovery to a bill to lift the debt ceiling, putting it at odds with House conservatives who specifically warned GOP leaders not to do that. The White House is said to want to extend the debt limit to move back the specter of a United States default until after Congress can address funding for the full fiscal year and the Trump administration's tax-overhaul efforts.

Texas Governor Greg Abbott on Sunday estimated damage from Hurricane Harvey at $150 billion to $180 billion, calling it more costly than epic storms Katrina or Sandy and fueling the debate over how to pay for the disaster. But with Harvey, it's moved the situation up earlier, and without raising the debt limit, I'm not comfortable that we will get the money that we need this month to Texas to rebuild.

Kenyatta Ready For Election, Asks Chief Justice Not To Interfere
Odinga filed a petition claiming the electronic voting results were hacked into and rigged in favour of President Uhuru Kenyatta . As news of the court's decision spread, cheers and celebrations could be heard on the streets in parts of the capital, Nairobi .

It's a strategy Trump has wanted for some time.

Katrina set the record by costing USA taxpayers more than $110 billion.

The debt ceiling is a legislative limit on how much money the federal government can borrow from the US Treasury Department to fund its budget deficits and meet financial obligations.

Congress had largely been expected since the deadly storm hit southeast Texas on August 25 to pass a spending bill free of amendments, add-ons or other legislation to avoid the kind of political wrangling that for months delayed emergency funding for 2012's Superstorm Sandy.

China Manufacturing PMI Jumps To 51.6 - Caixin
This was above consensus forecasts of 55.0, the strongest reading for four months and the second-highest reading in 3 years. A rebound in manufacturing sector bodes well for a higher GDP growth rate in the current July-September quarter.

"Over 95 percent of the city is now dry. We're not going to engage in a pity party", Turner told CBS News.

Houston cut off power to homes on Sunday to encourage evacuations.

The area was barricaded and military vehicles were stationed on the periphery to take people out. Quite the contrary. The president and I believe that it should be tied to the Harvey funding. Mnuchin said the plan is similar to the one presented in April, with the White House and Congress continuing to work out the "complicated details".

Some 84,700 homes and businesses were without power on Sunday, down from a peak of around 300,000, according to the region's major electric companies.

Numbers of the Day: 18500 people
Myanmar security forces have been clashing with the Rohingya since August 25, when Rohingya insurgents attacked police outposts. Islam said his team of border guards are intercepting the Rohingyas arriving in Bangladesh to "prevent the illegal intrusion".

Those repairs would restore to normal Colonial's entire pipeline from Houston to Linden, New Jersey, relieving shortages between Texas and the U.S. Northeast.