Washington DC

WASHINGTON, May 8 (Xinhua): U.S. President Donald Trump on Wednesday asserted executive privilege on the Mueller report, protecting the Department of Justice from Congressional subpoenas.

Trump had "asserted executive privilege over the entirety of the subpoenaed materials," Assistant Attorney General Stephen Boyd wrote in a letter to Congress.

WASHINGTON, May 4 (Xinhua): A two-seater helicopter crashed into the Chesapeake Bay in the U.S. state of Maryland Saturday, local police said, adding that search and rescue was underway.

The crash took place Saturday afternoon, according to Maryland Natural Resources Police, who are trying to determine how many people were on board the aircraft.

WASHINGTON, March 11 (Xinhua) -- The United States will withdraw all remaining U.S. personnel from its embassy in Caracas, Venezuela, this week, Secretary of State Mike Pompeo said on Monday.

The announcement was made in a statement released by the State Department late Monday night.

"This decision reflects the deteriorating situation in Venezuela as well as the conclusion that the presence of U.S. diplomatic staff at the embassy has become a constraint on U.S. policy," said the top U.S. diplomat in the statement.

ABOARD A US MILITARY PLANE (AP) — The Trump administration is urging Europe to impose tough new sanctions on Iran over its ballistic missile program.

The call comes as Secretary of State Mike Pompeo is to meet European officials in Brussels this week and after the U.S. and others condemned an Iranian missile launch over the weekend.

WASHINGTON (AP) — The Federal Reserve is signaling potentially vulnerable spots in the financial system, citing U.S. businesses’ debt at the highest levels in more than two decades and risky debt growing.

The Fed’s report issued Wednesday was its first assessing the stability of the U.S. financial system. Ten years after the financial crisis, the new report points to excessive borrowing by households and businesses, banks’ elevated debt levels, and high prices for stocks and other assets exceeding their real value.