U.S. Senate blocks bid to curb presidential war powers on Venezuela

The U.S. Senate on Wednesday voted 51-50 to effectively block a bipartisan resolution aimed at curbing President Donald Trump's authority to use military force in Venezuela, after two GOP senators flipped under intense pressure from the White House.

After senators Josh Hawley and Todd Young reversed their position and left the chamber deadlocked 50-50, U.S. Vice President JD Vance cast the tie-breaking vote on a procedural motion, derailing the measure that would have required the president to obtain congressional approval before taking further military action in the oil-rich South American nation.

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U.S. Senate blocks bid to curb presidential war powers on Venezuela

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U.S. Senate blocks bid to curb presidential war powers on Venezuela

The resolution was introduced in the wake of a U.S. military operation in Venezuela that resulted in the capture of President Nicolas Maduro. The U.S. Senate on January 8 voted 52 to 47 to advance the war powers resolution.

Trump had publicly criticized the five Republicans who joined all Democrats to back the bill, saying they "should never be elected to office again."

The president also called each of the five senators to vent his frustration over their votes, said a report from The Hill.

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 49 pips to 6.8929 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.