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Fed cuts interest rates by quarter point despite firmer inflation

The Federal Reserve cut interest rates by a quarter of a percentage point Wednesday, in line with market expectations, even as inflation has reaccelerated over the past two months. Fed officials have been trying to find the right tempo for rate cuts since starting them in September with a sizable half-point reduction, and Wednesday’s cut...

Trump Jr. knocks CR over provision on subpoenas for House data

Donald Trump Jr. knocked the continuing resolution (CR) on Wednesday over a provision concerning subpoenas for House data, piling on pushback from President-elect Trump’s allies to the stopgap spending deal. “So the house is going to vote to protect itself from glaring and obvious wrongdoing? The American people didn’t vote for this. They voted for...

Rand Paul blocks bill to authorize local, state authorities to track drones

Sen. Rand Paul (R-Ky.) on Wednesday blocked an effort by Senate Democrats to pass legislation to authorize and provide resources to state and local authorities to track mysterious drones that have been sighted over New Jersey, New York and other states. Paul argued the bill would have expanded the government’s surveillance powers and downplayed concerns...

Massie dubs himself ‘NostraThomas’ over ‘massive’ Christmas spending bill

Rep. Thomas Massie (R-Ky.) dubbed himself “NostraThomas" after House Republicans unveiled a highly anticipated spending bill Tuesday to avert a government shutdown. “People call me ‘NostraThomas’ for accurately predicting @SpeakerJohnson would use the Christmas recess to force a massive spending bill through Congress,” Massie said Tuesday on social platform X. “After claiming he would not,...

Johnson hit with possible speakership rivals as conservatives rebel over government funding plan

House Republicans are beginning to discuss possible contenders to challenge Speaker Mike Johnson in January amid government funding chaos.

‘Evil terrorists’: House GOP border hawks rally around Trump’s deportation plan targeting ‘cartel thugs’

Members of the House Border Security Caucus pledged to back President-elect Trump's mass deportation plans and vowed to crack down on “particularly pernicious" sanctuary city policies.

Spending bill to fund State Department agency accused of censoring, blacklisting Americans

A State Department agency is set to be refunded in the upcoming continuing resolution (CR) bill despite being panned by conservatives for its alleged blacklisting of Americans and news outlets.

Justice Jackson’s role in ‘queer’ Broadway show ‘really reckless’ as court weighs trans case: legal expert

Critics question Justice Ketanji Brown Jackson's Broadway cameo in a "queer" "Romeo and Juliet" spinoff amid concerns it could affect her impartiality in U.S. v. Skrmetti.

Senate passes annual defense policy bill with transgender care restrictions and pay boost for junior troops

The Senate voted to pass the $895 billion annual defense policy bill that includes a pay raise for U.S. servicemembers and a provision that restricts transgender care.

Fetterman meets with Trump nominees, pledges ‘open-mind and an informed opinion’ for confirmation votes

Sen. John Fetterman suggested that it is his duty to meet with President-elect Donald Trump's nominees, and noted that he plans to make confirmation votes with an informed perspective.

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