Powell backs more rate hikes as economy growing ‘considerably stronger’
The U.S. economy is running at a fast enough pace to justify continued interest rate increases, Federal Reserve Chairman Jerome Powell said Tuesday.
The U.S. economy is running at a fast enough pace to justify continued interest rate increases, Federal Reserve Chairman Jerome Powell said Tuesday.
Blistered by bipartisan condemnation of his embrace of a longtime U.S. enemy, President Donald Trump backed away from his public undermining of American intelligence agencies, saying he simply misspoke when he said he saw no reason to believe Russia had interfered in the 2016 U.S. election.
For Senate Republicans, the rejection of President Trump’s Supreme Court nominee, Brett Kavanaugh, could foment a political disaster in the midterm elections.
Sen. Jeff Flake, R-Ariz., said Tuesday that the Senate will vote on a motion on Wednesday aimed at challenging President Trump’s authority to impose tariffs on imports under Section 232 of the Trade Expansion Act of 1962, which permits a president to implement tariffs on ‘national security grounds.’
Republicans are running out of time. Today they control all of Washington. Come January, they may be confined to the White House.
Judge Brett M. Kavanaugh has perhaps the longest Washington pedigree of any of the people who were on President Trump’s short list for the Supreme Court, having worked at the highest levels of the White House under President George W. Bush.
CBN News has learned that the controversial bill AB 2943 did not come up on the Senate floor for a vote before the California Legislature begins its month-long vacation recess.
The Justice Department under Attorney General Jeff Sessions reversed positions of the Obama administration in four cases decided by the Supreme Court this year — and won all four of them.
Senate Democratic leaders pulled a page from the GOP playbook Thursday, quickly proclaiming they’d oppose all of President Trump’s nominees to replace retiring Justice Anthony Kennedy until after the midterms.
House Republicans powered a 2019 budget through committee Thursday, laying out the trillions of dollars of spending cuts that they say will be needed to get the government’s finances under control.
A U.S. Senate committee passed a spending bill on Thursday including a provision to block Turkey’s purchase of Lockheed Martin F-35 Joint Strike Fighter jets unless it drops a plan to buy S-400 missile defense systems from Russia.
Senators of both parties blasted Commerce Secretary Wilbur Ross over President Trump’s steel and aluminum tariffs Wednesday, saying the levies are harming the U.S. economy while doing nothing to stop China’s unfair trade practices.
Senate Democrats indicated Tuesday they may not agree to narrow legislation that would end the separation of children from parents who cross into the country illegally at the southern border.
Marijuana will soon become legal in Canada — nationwide and for any purpose.
The 2019 National Defense Authorization Act passed by the US Senate yesterday allocates $500 million for Israeli missile programs and $50 million for a joint US-Israeli program for combating the tunnels threat.
The House expects to finish passage next week on nearly 20 bills aimed at fighting the opioid epidemic, with an eye toward a conference with the Senate over the summer.
The U.S. House approved a ban Wednesday on the importation and trafficking of anatomically correct child sex dolls and robots that ‘normalize sex between adults and minors.’
California Assembly Bill 2943, which would ban faith-based efforts to counsel members of the LGBTQ community, will be up for debate before the state’s Senate Judiciary Committee Tuesday.
Canada’s Senate on Thursday voted to legalize recreational marijuana, clearing a major hurdle that puts the country on track to become the first Group of Seven nation to permit national use of the drug.
The House Appropriations Committee unveiled a $674.6 billion defense spending bill Wednesday.