House lawmakers are pressing Pentagon officials over their inability to fully account for its $3.5 trillion in assets, setting up a perennial dustup over the Department of Defense's repeat audit failures as the Biden administration prepares to unveil its annual budget.
Federal Reserve Chairman Jerome Powell told lawmakers Tuesday that the central bank is likely to keep raising interest rates higher than previously expected to combat stubbornly high inflation.
D.C. Council Chairman Phil Mendelson on Tuesday said city lawmakers didn't do a good enough job of explaining a criminal-code overhaul that would weaken maximum penalties for some crimes and is on track to be rescinded by Congress as soon as Wednesday.
In a preview of his budget plan to be released this week, President Biden on Tuesday rolled out a proposed tax hike on high earners as part of his complicated plan to raise money to keep Medicare solvent.
Former Vice President Mike Pence is taking steps to fight a federal grand jury subpoena that seeks his testimony on the U.S. Capitol assault of Jan. 6, 2021.
Hershey's controversial new marketing campaign in Canada to celebrate International Women's Day is an utter disgrace and embarrassment to women. The confectionery company released five limited-edition chocolate bars called "HER for SHE." Yet, Hershey's knowingly celebrated a man in its ode to honor women. One of the bars included Fae Johnstone, a man who is an executive at a Canadian consulting firm and who thinks he is a woman.