The normally stodgy Federal Reserve interest-rate-setting committee meeting kicks off Tuesday with more drama than a daytime soap opera, and it's making more Americans wonder about the need for an all-powerful central bank.
Congressional Republicans are planning to try to block Democrats with a stopgap spending bill, similar to their successful play in March, but are facing some resistance within their ranks.
The Senate voted Monday to confirm President Trump's top White House economist to the Federal Reserve board of governors. Senators voted along party lines, 48-47, to approve the nomination of Stephen Miran, chair of the White House Council of Economic Advisers (CEA), to the remaining four months of a term on the Fed board. As...
A federal appeals court Monday refused the Trump administration’s request to permit Federal Reserve board of governors member Lisa Cook’s firing before this week’s Fed meeting, setting the stage for a potential Supreme Court battle. Without the justices’ intervention, Cook is set to participate in the Fed’s upcoming vote on interest rate cuts after a judge last...
United States service academies are set to announce next month that they will start accepting scores on the Classic Learning Test (CLT) for the 2027 admissions cycle, as reported by Politico on Monday. The CLT, developed in 2015, assesses aptitude in reading, writing, grammar and mathematics, similar to the widely used SAT and ACT. Where...
President Trump is ramping up his attacks on the left in the wake of last week’s killing of Charlie Kirk, providing fuel to the White House’s efforts to clamp down on left-leaning groups and institutions. Trump has at nearly every turn since Kirk’s assassination argued the problem in the country stems from left-wing groups. The strategy...
The Pentagon on Monday unveiled new grooming standards, which now require service members “to be clean shaven and neat in presentation for a proper military appearance.” Chief Pentagon spokesperson Sean Parnell said in a statement Monday that following “a rapid force-wide review of military standards” Defense Secretary Pete Hegseth “recently directed the Services to implement...
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story House GOP eyes stopgap into November to avert shutdown House GOP leaders are aiming to pass a stopgap spending bill this week that funds the government through Nov. 20, GOP sources told The Hill, as lawmakers...
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story ACA tax credits at center of shutdown fight The imminent deadline for government funding has put enhanced Obamacare tax credits in the limelight as Democrats seek to pressure Republicans into extending subsidies that have helped expand health insurance...
Speaker Mike Johnson led a prayer vigil inside the United States Capitol for Charlie Kirk, which saw strong attendance from Republicans but far fewer Democrats.
