Kevin Warsh is a prominent U.S. economist, Stanford University lecturer, and conservative fellow at the Hoover Institution who has emerged as President Donald Trump’s nominee for chairman of the Federal Reserve. If confirmed, Warsh would succeed Jerome Powell when Powell’s term ends in May. Warsh was under consideration when Trump was making his first Fed […]
Sen. Thom Tillis (R-NC) announced on Friday that he will oppose President Donald Trump’s new nominee to succeed current Federal Reserve Chairman Jerome Powell, effectively halting the process from advancing in the upper chamber. Tillis cited concerns about protecting the central bank’s independence from politicization and “legal intimidation,” saying doing so is “non-negotiable,” in a […]
Gov. Tim Walz (D-MN) will testify in front of the House Oversight and Government Reform Committee on March 4 as part of the panel’s second hearing regarding the Minnesota fraud scandal, Chairman James Comer (R-KY) announced Friday. Walz will testify alongside Minnesota Attorney General Keith Ellison. Walz and Ellison have faced immense pressure over the fraud that […]
Senate Majority Leader John Thune (R-SD) has just hours to send a sweeping spending bill to the House after Sen. Lindsey Graham (R-SC) dashed hopes of passing the legislation late on Thursday night. There are still objections to fast-tracking the legislation on both sides of the aisle, according to a source familiar with the matter, […]
Israel will reopen the Rafah border crossing between the Gaza Strip and Egypt on Sunday, allowing pedestrian traffic to flow both ways as those impacted by a devastating war seek critical aid. The Coordination of Government Activities in the Territories (COGAT), the Israeli government unit in charge of humanitarian aid in Gaza, announced on Friday morning that […]
Inflation, as measured by the producer price index, rose 3% the year ending in December, the Bureau of Labor Statistics reported Friday. The report indicates that inflation tracked by the PPI still remains a full percentage point above the Federal Reserve‘s target. Economists have been examining producer price index reports and other inflation reports for indications that President Donald Trump’s tariffs have driven up certain […]
Federal officials have arrested former CNN host Don Lemon for his presence at an anti-ICE protest in a Minnesota church during a Sunday service. The Thursday evening arrest, reported by the New York Times, comes after Lemon said he was there in his capacity as a journalist to report on the protest. He’s charged with […]
President Donald Trump has named former Fed governor Kevin Warsh to be the next Federal Reserve chairman. Warsh, 55, would replace current Fed Chairman Jerome Powell when his term is up. The pick was announced in advance of Powell’s departure in May, as expected by Fed watchers. “I have known Kevin for a long period […]
February 2026 Supplemental Security Income payments, worth up to $994, will be issued to recipients today. SSI payments are typically issued on the first day of a month. However, February’s payment will go out on Jan. 30. When the first of a month falls on a weekend or holiday, SSI payments are issued on the […]
The first round of February Social Security payments for retirees, now capped at $5,108, will be issued in 12 days. When will payments arrive? Retirees born on or before the 10th of a month will receive this payment on Feb. 11. The second round will go out on Feb. 18 to those born between the […]
