North Carolina Sen. Thom Tillis (R) on Wednesday criticized the forceful removal of Sen. Alex Padilla (D-Calif.) from a Department of Homeland Security (DHS) press conference last week, while also critiquing his “inappropriate” behavior. Tillis said the incident, which followed a handful of escalations with Democratic lawmakers, was “disgusting” during a speech on the floor. ...
Juneteenth, a more recent federal holiday, is dedicated to celebrating the freedom of formerly enslaved Black people. Events take place across the country on June 19 to commemorate the day in 1865 when the last slaves in Texas were notified of the Emancipation Proclamation, which marked an official end to the U.S. Civil War. This year,...
The head of the federal agency responsible for overseeing Fannie Mae and Freddie Mac called Wednesday for Federal Reserve Chair Jerome Powell to resign if the central bank did not cut rates that day. In a Wednesday post on social media, Federal Housing Finance Agency (FHFA) Director William Pulte accused Powell of refusing to do...
An Israel-linked group appears to have hacked Iran’s largest crypto exchange, Nobitex, transferring more than $90 million out of crypto wallets, according to the blockchain analytics firm Elliptic. The Israeli hacking group, known as Gonjeshke Darande or Predatory Sparrow, claimed early Wednesday that they had conducted cyberattacks against Nobitex, just one day after claiming responsibility...
The Federal Reserve kept interbank interest rates at a range of 4.25 to 4.5 percent Wednesday amid trade policy fluctuations and pressure from President Trump. Fed officials stressed the overall health of U.S. economic conditions, which has seen decreasing inflation in recent months along with steady levels of low unemployment. The unemployment rate has held...
Veterans and others are questioning the lack of civilian oversight of the military, as Congress continues to approve military spending without considering the consequences, allowing the military to be used as a political weapon and allowing presidents to engage in low-intensity conflicts without a diplomacy-first strategy.
Republican lawmakers on the Senate Judiciary Committee slammed Democratic counterparts for overwhelmingly skipping a hearing on former President Biden's health decline.
Trump touted record-high approval ratings, but polls show numbers underwater as he pursues controversial actions, including sending troops to Los Angeles during immigration protests.