New Federal Reserve Chair Kevin Warsh said Wednesday the central bank will move away from forecasting its future action under his leadership. In announcing its decision to hold interest rates steady, the Federal Open Market Committee (FOMC) opted not to include forward guidance. The panel typically provides information about the “likely future course of monetary policy.” “We've dropped...
Missouri Attorney General Catherine Hanaway pressed MLB not to discipline San Francisco Giants players over Bible verses on their Pride Night-themed caps. In a letter posted to the social platform X on Wednesday morning addressed to MLB Commissioner Rob Manfred, Hanaway wrote that “it has come to my attention that MLB is considering disciplining members...
Senators are looking to jam Defense Secretary Pete Hegseth’s travel budget until the Pentagon shares more information about the U.S. military’s strikes on alleged drug boats and the lethal bombing of an Iranian girls school at the beginning of the U.S.-Israel war with Iran. In the Senate version of the annual National Defense Authorization Act...
The Department of Justice (DOJ) and the Teamsters union on Wednesday jointly moved to end federal oversight of the union. The DOJ decided in 2015 to progressively move toward ending oversight of the union. In 1988, a sweeping civil racketeering lawsuit against the union stated some of its leaders were tied to the mafia and were...
The Trump administration is paying yet another company to give up the right to build wind energy offshore, saying the firm will invest in gas plants and geothermal energy instead. The Interior Department announced on Wednesday that it had reached a settlement agreement with affiliates of Invenergy to give up four offshore wind leases off...
The Federal Trade Commission (FTC) and four states on Wednesday sued the leading medical organization focused on transgender health for allegedly making false and unsubstantiated claims to parents in order to sell pediatric medical transition services. The FTC’s lawsuit against the World Professional Association for Transgender Health (WPATH) is the latest Trump administration effort to target institutions connected to gender-affirming treatment for...
The U.S. military on Wednesday identified the eight men killed in a B-52 Stratofortress bomber crash earlier this week during a test flight at Edwards Air Force Base in California. Col. Gregory Watson, 53; Lt. Col. Gabriel Estrella, 40; Maj. Alexander Davis, 34; Maj. Robert Dee, 40; Maj. Brad Hovey, 35; retired Lt. Col. Miles Middleton, 50; Jeromy...
Donald Trump's vision was to paint the Lincoln Memorial Reflecting Pool a darker shade of "American flag blue" to celebrate the country's 250th birthday. But this week, it's been looking more green than blue.
Democrats on the House Oversight and Government Reform Committee sent a Wednesday letter to White House chief of staff Susie Wiles to inquire about reporting that says Trump administration officials discussed the possible suspension of habeas corpus last year. Habeas corpus is a fundamental legal procedure that allows people who are detained or imprisoned to...
Republican lawmakers in Georgia said they won’t consider mid-decade redistricting during a special session called by Gov. Brian Kemp (R) that was set to start Wednesday. “In regards to reapportionment, when the House learned that it was placed on the call for a special session, we knew it was not the right path forward for...
CBS has reached a licensing agreement with the music company that owns the famed "Peanuts" song used by late-night host Stephen Colbert during his final show last month, with the funds set to go to charity. During his last "Late Show" on CBS, Colbert made a joke about the music company, which he said had...
Senate Majority Leader John Thune (R-S.D.) said Tuesday his conference does not have enough votes to bypass the filibuster to pass the Safeguard American Voter Eligibility (SAVE America) Act. “The only way you can get … this done is to nuke the legislative filibuster, and that is not something that we have anywhere close to...
Canadian Prime Minister Mark Carney said Wednesday that leaving the Group of Seven (G7) summit in France without holding a bilateral meeting with President Trump was not a snub. "I wouldn't take a big message from that," Carney said. "I had seven or eight discussions with President Trump over the course of the last 36...
