Welcome back to Washington Secrets. Our friendly strategist and pollster sink their teeth into President Donald Trump’s week. And the results are not very good. Stay warm this weekend everyone … It has been a busy week for President Donald Trump. Today, he unveiled his pick for Federal Reserve chair, last night, he was in […]
Washington Examiner columnist Tiana Lowe Doescher said that Federal Reserve Chairman Jerome Powell is “very happy” about Kevin Warsh’s nomination because it gives him a “permission structure” to leave. President Donald Trump announced Friday morning that he is nominating Warsh, a former Federal Reserve governor, to serve as the next chairman of the central bank’s […]
Less than ten days into President Donald Trump‘s second year in office, his Cabinet is facing a season of scandal threatening to overtake the administration’s messaging strategy on affordability. Labor Secretary Lori Chavez-DeRemer is under investigation over allegations of an “inappropriate” relationship with a subordinate, and several employees in the Department of Labor have been […]
A federal judge ruled on Friday that Luigi Mangione is exempt from the death penalty after he was accused of murdering UnitedHealthcare CEO Brian Thompson roughly one year ago. Judge Margaret Garnett of the U.S. District Court for the Southern District of New York blocked federal prosecutors from pursuing the death penalty in the case, […]
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 […]
