The Federal Reserve is maintaining its current policy stance in order to assess the impact of President Trump's protectionist measures on inflation, while also facing political pressure to lower interest rates and risk of fiscal dominance and financial repression.
Hospitals are bracing for the impact from the Medicaid cuts in President Trump’s sweeping spending and tax cut law. While most of the cuts won’t happen immediately, rural facilities in particular say they likely will have to make difficult financial decisions about which services they can afford to keep and which may need to...
Rep. Mike Lawler (R-N.Y.) said in a Sunday interview that it’s time to “move on” from the controversy surrounding the disgraced financier Jeffrey Epstein. In an interview on NewsNation's "The Hill Sunday," Chris Stirewalt asked about President Trump's defense of the Justice Department's handling of the case, and the calls from some of the president's...
Rep. Mike Lawler (R-N.Y.) said on Sunday he plans to speak soon with President Trump to discuss a path forward as he considers whether to launch a bid for governor in New York. Entering the statewide race would likely pit him against Rep. Elise Stefanik (R-N.Y.), who is gearing up to launch her own campaign...
Elon Musk's "America Party" is a far cry from Ross Perot's third-party bid in 1992, as Musk's reliance on government funding, lack of policy substance, and social media antics make him an unlikely candidate for political success.
Kentucky Gov. Andy Beshear (D) sharply criticized the administration’s sweeping tariffs, saying the policy approach amounts to “chaos” and is bad for the U.S. economy. “No, not at all,” Beshear said in an interview on NBC News’s “Meet the Press” when asked whether the people of Kentucky voted for this tariff agenda. “This is, what...
President Trump's border czar, Tom Homan, said that his words were "taken out of context" when he said that federal immigration agents can detain people "based on their location, their occupation" and "their physical appearance." During an interview on CNN's "State of the Union," Homan said that physical appearance "can't be the sole reason to raise reasonable...
President Trump’s envoy for special missions, Richard Grenell, is causing tensions within the State Department as critics say his “freelancing” is damaging U.S. diplomatic negotiations and threatening national security. The most recent controversy includes a botched effort to secure the release of Americans unjustly detained in Venezuela that fell apart because Grenell and Secretary of...