In baseball, three strikes and you’re out. Jerome Powell has already bungled two major challenges as chairman of the Federal Reserve. Based on last week’s Fed meeting, he’s going to strike out again. Powell’s first mistake was rushing Congress into appropriating trillions for unnecessary post-COVID-19 “recovery” spending. That sent inflation soaring to 9.2%, the highest […]
One of my favorite places in my hometown of Washington, D.C. is the AFI Silver Theater in Silver Spring, Maryland. Every year, the AFI hosts wonderful film festivals featuring movies from Ireland, Africa, Iran, and other countries. They have festivals that feature certain directors of themes, such as the upcoming D.C. Labor Film Festival. So why not have an […]
A young, well-connected think tank is at the center of Republicans’ efforts to reform Medicaid as part of President Trump’s “one big beautiful bill” — and the divide in the party about how far to go with cuts. Here’s one sign of the impact of Paragon Health Institute, founded in 2021 and led by former first...
An executive order from President Trump aims to make deep cuts to prescription drug costs, putting GOP lawmakers who have traditionally opposed government-directed drug pricing in a tough position. Republican lawmakers, including Senate Majority Leader John Thune (S.D.) and Senate GOP Whip John Barrasso (Wyo.), have warned in the past that directing the federal government...
The shadow Democratic presidential primary is kicking off, with potential contenders ramping up their appearances in key battleground states. Former Transportation Secretary Pete Buttigieg is slated to take part in a VoteVets town hall in the early-contest state of Iowa on Tuesday, while Maryland Gov. Wes Moore (D) is set to headline the South Carolina...
Twenty-five years ago, George W. Bush, the governor of Texas, barely defeated the sitting vice president, Al Gore, in what remains the narrowest victory in presidential history: fewer than 1,000 votes in a single state, 48.85 percent to 48.84 percent in Florida. There are many ways to explain how the vice president lost to an...
President Trump is resetting on tariffs after almost six weeks of turmoil that threatened to upend his second term. A Monday announcement that the United States and China had come to an agreement to suspend heavy tariffs on each other marked the effective end of the first phase of Trump’s approach on the topic. The...