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Federal Reserve officials hint rate increase may be necessary

Multiple Federal Reserve officials indicated the central bank may need to raise interest rates later this year, according to newly released minutes of the Fed’s July meeting.  While most participants at the joint meeting of the Federal Open Market Committee (FOMC) and the Fed’s Board of Governors "anticipated that inflation would step down over the...

Bullet engraving shows Charlie Kirk targeted for politics, prosecutors say

Prosecutors allege the engraved bullet used to kill conservative commentator Charlie Kirk show alleged shooter Tyler Robinson targeted the commentator for his political beliefs. “Most importantly, Defendant ignores that he engraved one of the cartridges in his grandfather’s rifle with the overt political reference ‘Hey fascist, catch,’” they wrote. Prosecutors also cited an alleged text...

Trump administration plans crackdown on some immigrants’ alleged tax refund ‘abuse’

The Treasury Department and the IRS on Wednesday proposed stronger restrictions on certain immigrants’ ability to claim refundable tax credits — the latest in the Trump administration’s efforts to curb access from non-U.S. citizens to federal benefits.  The department suggested the refunded portion of four tax credits be classified as “federal public benefits," potentially disqualifying...

Trump eyes Keystone XL revival

{beacon} Energy & Environment Energy & Environment   The Big Story Trump says he wants to revive controversial pipeline President Trump indicated late Tuesday that a trade deal with Canada could involve a revival of the Keystone XL. © Dominika Zarzycka, NurPhoto via Getty Images “I have paused the 50% Tariffs against Canada, that were...

National debt marks new milestone

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story National debt marks new milestone The U.S. national debt crossed $40 trillion on Tuesday, according to newly released data from the Treasury Department. © AP Photo/Mary Altaffer It marks a key milestone for the U.S.,...

Top DHS lawyer faces bar complaint over ‘worst of the worst’ list for judges

The top lawyer for the Department of Homeland Security (DHS) is facing an ethics complaint with the Florida Bar after he launched a “Worst of the Worst” list for federal jurists, attacking their rulings. James Percival, the general counsel for DHS, has in recent weeks taken to social media to criticize judges who have made...

Trump’s FDA nominee draws mixed reception

Click in for more news from The Hill {beacon} Healthcare Healthcare   The Big Story Trump’s FDA nominee draws mixed reception President Trump on Wednesday announced Dr. Heidi Overton as his pick to lead the Food and Drug Administration (FDA), which drew varied reactions from the health sector. © Jacquelyn Martin, The Associated Press “Dr....

Trump threatens ‘unprecedented’ economic consequences for any nation aiding Iran

Trump declared "economic warfare" against Iran, warning that any nation or business providing a financial lifeline to the regime will face severe, unprecedented sanctions.

The Freedom Caucus is having a brutal primary run

The hard-right Freedom Caucus is having a rough primary season. Candidates with backing from the caucus and its allies flopped in primaries from Florida...

El-Sayed reveals he would go ‘step further’ than Sanders on socialist plan for major US industry

Abdul El-Sayed says he wants to go beyond Bernie Sanders' public ownership model for a major American industry, calling for "some system of public control."

Fast Takes: Hollywood parents’ child sacrifices, a Swedish child-care lesson and more

“So many child stars come to such miserable ends,” yet “most children offered up to the god of showbiz are sent by their own...

‘Woefully underprepared’: Graham critics seize on her foreign policy misstep

South Carolina Sen. Darline Graham has given opponents fresh ammunition to attack her on her biggest vulnerability: her inexperience. She revealed a major blindspot...

Democrats Choose Socialism in the Sunshine State

Angie Nixon is an odd choice to run for Senate in a deeply conservative state.

Trump to appear on ex-‘fixer’ Michael Cohen’s radio show

President Trump will appear Thursday on a radio show hosted by his ex-personal lawyer and former nemesis Michael Cohen, according to reports.

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