Sen. Elizabeth Warren (D-Mass.) threw her support behind Christy Goldsmith Romero to lead the Federal Deposit Insurance Corporation (FDIC) after President Biden announced Thursday he would nominate Romero, a member of the Commodity Futures Trading Commission (CFTC), to replace outgoing chair Martin Gruenberg. “She is exactly what the FDIC needs,” Warren told reporters on Thursday...

Former Rep. Liz Cheney (R-Wyo.) hit Senate Minority Leader Mitch McConnell (R-Ky.) for meeting with former President Trump alongside the Senate GOP on Thursday. Cheney, who left Congress after losing reelection to her seat in 2022, said the meeting shows McConnell is enabling the former president, who she called "a danger to our Republic." “Mitch...

The U.S. Navy has sent a nuclear-powered submarine to Guantanamo Bay, Cuba, after a fleet of Russian warships and a submarine reached the island Wednesday ahead of planned military exercises. The USS Helena, a nuclear-powered fast attack submarine, arrived at the waters near the U.S. base on Thursday, U.S. Southern Command (USSOCOM) said in a statement...

Rep. Robert Garcia (D-Calif.) on Thursday protested an amendment added to the National Defense Authorization Act (NDAA) that bars funding for drag performances with a blown-up photo of former President Trump and Rudy Giuliani, a former New York City mayor and Trump attorney, dressed in drag. An amendment filed this week to the annual defense policy...

Democratic strategist David Axelrod said Charlamagne tha God “has a point” after the radio host criticized Democrats and their messaging strategies. Axelrod joined CNN’s “The Lead with Jake Tapper” Thursday, where he argued Democrats may need to be more authentic with their voter base. Tapper played a clip of Charlamagne on “The Daily Show” in...

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Trump teases another corporate tax cut Former President Trump floated further cuts to the corporate tax rate during a Business Roundtable event with some of the country’s most powerful executives, according to a source in attendance....

Presented by the Small Business Payments Alliance — Plus: SCOTUS upholds access to abortion pill {beacon} Evening Report   © Greg Nash Trump strategizes with GOP, stresses unity during Capitol Hill visit The Capitol Hill Club was the center of the political universe Thursday as former President Trump returned to Washington for the first time...

House Republicans nixed text aimed at protecting banks from cannabis crackdowns from a government funding bill after blowback from fellow GOP lawmakers. The measure was included in the party’s initial version of its annual financial services and general government bill, one of the 12 annual funding bills Republicans are hoping to pass before fall. The...

Microsoft Vice Chair and President Brad Smith sought to ease government scrutiny during a House hearing Thursday by acknowledging the company's shortcomings in allowing a recent China-backed hack to take place. As the sole witness at a House Homeland Security Committee hearing, Smith faced pointed questions from both sides of the aisle about a hack...

Millions of borrowers on the SAVE Plan will get to skip their July payment.