Presented by Anthropic {beacon} Business & Economy Business & Economy PRESENTED BY The Big Story 5 big obstacles Kevin Warsh faces as Fed chair Warsh is set to be sworn in by President Trump on Friday as the next chair of the Fed board, taking over the central bank at a pivotal time for the...
Sen. Dick Durbin (D-Ill.) on Wednesday urged Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. to push back against what he called “misguided decisions” to ease regulations on flavored vaping products. The Food and Drug Administration (FDA) authorized the sale of the first fruit-flavored e-cigarettes in the U.S. earlier this month and issued...
The Department of Justice (DOJ) announced Thursday that 15 people were charged in connection to an alleged $90 million healthcare scheme in Minnesota following a joint investigation with the FBI. “The defendants defrauded Minnesota public healthcare resources for tens of millions, targeting programs such as Housing Stabilization Services, Child Care, Medicaid programs, Individualized Home Supports...
President Trump said on Thursday that the U.S. is sending 5,000 additional troops to Poland, a week after the Pentagon cancelled the long-planned deployment of 4,000 service members to the Central European country. Lawmakers have expressed deep frustration and concern over the move to halt the planned rotation, accusing the administration of making a last-minute...
Sen. Thom Tillis (R-N.C.) on Wednesday said he will not vote for a war powers resolution to withdraw U.S. armed forces deployed against Iran. Tillis ruled out joining four Republican senators who said they will back a motion to discharge a vote on a war powers resolution. "They're messaging votes," Tillis told Spectrum News about...
Democrats' post-mortem report on the party's 2024 losses was riddled with annotations and apparent errors when the Democratic National Committee (DNC) bowed to pressure and released it to the public on Thursday. DNC Chair Ken Martin had made an initial commitment to release the so-called autopsy on the 2024 cycle, when former Vice President Kamala...
Rep. Jason Crow (D-Colo.) said Wednesday that Rep. Thomas Massie’s (R-Ky.) primary loss shows that there is “no room for ideological diversity” in the GOP under President Trump. “There’s no room for ideological diversity or independence in the Republican Party right now,” Crow told The Hill on the Capitol steps. “That’s been very clear, which...
Republican Sen. Tim Scott (S.C.) on Wednesday voiced his opposition to Democratic candidate Graham Platner’s bid for Maine Sen. Susan Collins’s (R) seat. “How in the world does this guy want to put together a working-class coalition?” Scott told Fox News. “It’s impossible, impossible for us to let him win. Thank God President Trump fights...