Congress must act to prevent a president from unilaterally amending or "reprofiling" U.S. Treasury obligations, which could have significant consequences for markets.
If you want to watch the College Football National Championship game between the University of Miami and Indiana University in person next week, it's going to cost you. The cheapest ticket to Monday's prime-time game in Miami is selling for more than $3,000, topping recent NFL Wild Card games and still-to-come World Cup 2026 group...
German Chancellor Friedrich Merz on Tuesday said the Iranian government could soon cripple following the wave of national protests in the country against poor economic conditions. “If a regime can only keep itself in power by force, then it’s effectively at the end,” Merz said Tuesday in Bengaluru, India, according to The Associated Press. “I...
The top federal prosecutor on the Minnesota fraud case has reportedly resigned on Tuesday, the New York Times first reported. Joseph H. Thompson, the lead prosecutor on the Department of Justice’s (DOJ) investigation into social services fraud in the state, served as the First Assistant U.S. Attorney in the U.S. Attorney’s Office for the District...
Keith Gross, a businessman and attorney who has previously run for Senate and House in Florida, is launching a bid to succeed retiring Rep. Neal Dunn (R-Fla.) in Florida’s 2nd Congressional District. In a statement first shared with The Hill, Gross lauded Dunn for “his years of dedicated service” to the district and said the...
Former Defense Secretary William Cohen, who served in the Clinton administration, warned on Tuesday that bombing Iran could risk rallying its civilians to support the regime. In an interview on CNN’s “The Situation Room,” Cohen urged President Trump to consider relying on allies in the region, rather than taking unilateral action, to help bring down...
A weekend of protests in Minnesota displayed continued tensions over the Department of Homeland Security’s (DHS) massive immigration crackdown in the state. Protesters and federal officers clashed during a demonstration outside of the Whipple Federal Building in Minneapolis on Monday evening. After a person threw fireworks at the officers, the federal authorities deployed tear gas...
U.S. Attorney for the District of Columbia Jeanine Pirro on Monday claimed the Department of Justice's (DOJ) probe into the Federal Reserve would not have happened "if they had just responded to our outreach." "The United States Attorney’s Office contacted the Federal Reserve on multiple occasions to discuss cost overruns and the chairman’s congressional testimony,...
President Trump on Tuesday heads to Detroit to tout his economic policies and expand on recently floated ideas like capping credit card interest and banning institutional investors from buying homes. He'll also tour a Ford plant. The Supreme Court will hear arguments this morning on whether states can ban transgender girls from competing on girls’...
The annual inflation rate hit 2.7 percent in December, according to data released Tuesday by the Bureau of Labor Statistics (BLS). The new consumer price index (CPI) data showed inflation holding flat in December, with prices rising 0.3 percent last month alone. Food prices were 0.7 percent in December alone and up 3.1 percent over...
Sen. John Kennedy (R-La.) on Monday questioned the Department of Justice (DOJ) over its probe into the Federal Reserve’s renovation of its Washington, D.C. headquarters. “We need this like we need a hole in the head,” Kennedy, a senior member of the Banking Committee, told reporters. The Louisiana Republican also warned that “any litigation between...
President Trump’s capture of Venezuela’s Nicolas Maduro and his flirtation with using the military to capture Greenland has sparked an embrace within the MAGA movement of backing the U.S. as a global imperialist force. But the revival of “Manifest Destiny” is brushing up against other factions on the political right that have preached foreign policy...
