The Federal Reserve held its interest rate target steady, in line with expectations that the timing of rate cuts has been pushed back by stubborn inflation. After a two-day meeting of its monetary policy committee in Washington, D.C., the Federal Reserve announced it would keep its rate target at 5.25% to 5.50%. The move was […]
The Congressional Budget Office projects an explosive rise in federal debt, despite slight improvements in the past year, as the country faces a fiscal reckoning in the coming decades. In a much-anticipated update on Wednesday, the Congressional Budget Office, Congress’s nonpartisan group of budget experts, said federal debt held by the public will balloon to 107% of […]
Sen. James Lankford (R-OK) announced Wednesday that he will be running to become the Senate Republican Conference vice chairman. The Oklahoma senator, who has served in the upper chamber since 2015, became the face of the failed compromise border security bill that was rejected by members of his own party after former President Donald Trump […]
A federal appeals court heard arguments Wednesday over whether to allow Texas to enforce a state law temporarily that permits state law enforcement to arrest and detain people they suspect of illegally entering the country. The hearing came one day after the Supreme Court effectively allowed the measure to take effect, only for the U.S. […]
The Biden administration has released “over 300,000” unaccompanied immigrant children into the United States after they crossed the border illegally, the head of the Department of Health and Human Services admitted to concerned House Republicans Wednesday. Republicans grilled HHS Secretary Xavier Becerra for details on the extent to which immigrant children have come over the […]
A conservative-leaning investment fund group has divested itself from Tyson Foods over its practice of hiring asylum-seekers in the United States, cautioning others to avoid investing in the food company as well. The decision by American Conservative Values ETF stems from a recent report that Tyson partnered with the nonprofit organization Tent Partnership for Refugees […]
The Mega Millions jackpot has reached $977 million for Friday night’s drawing after no tickets matched all six numbers drawn on Tuesday night. The winning numbers drawn on Tuesday were 24, 46, 49, 62, 66, and the gold Mega Ball was 7. The estimated jackpot was $893 million, with a cash prize of $421.4 million. […]
House Democrats unanimously elected Rep. Joe Neguse (D-CO) to replace Rep. Jim Clyburn (D-SC) on Wednesday, the latest transition of power as longtime Democratic members look to pass on leadership responsibilities to rising members within the party. Clyburn announced in February he would step down from his post as assistant Democratic leader without providing a […]
Rep. Jared Moskowitz (D-FL) mocked the House GOP’s efforts to impeach President Joe Biden on Wednesday by donning a mask of Russian President Vladimir Putin before walking into the impeachment hearing. Moskowitz impersonated Putin outside the House Oversight and Accountability Committee’s hearing and told reporters that he was there to “thank James Comer for taking […]
Wisconsin Assembly Speaker Robin Vos called those who are trying to oust him in a recall effort “whack jobs and morons.” The Republican assemblyman is being targeted in a recall effort by supporters of former President Donald Trump who opposed Vos’s decision not to impeach the state’s election officials and certify the 2020 election results. […]
