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Fed holds interest rates at 23-year high as inflation hits plateau

The Federal Reserve held interest rates at a 23-year high Wednesday as its battle to bring down inflation drags deeper into 2024. The announcement follows a two-day meeting of the central bank’s monetary policy committee, which raised borrowing rates from near zero in March 2022 to a range of 5.25 percent to 5.5 percent as...

Finally, the Senate is striking the right notes on Medicare reimbursement

As opposed to another temporary, short-term patch, the committee is interested in reforms that create long-term stability for Medicare. 

GOP culture war amendments could complicate annual defense bill

Culture war amendments that could be added to the House’s mammoth annual defense bill threaten to turn the normally bipartisan measure into a partisan one, potentially complicating its path to final approval and creating headaches for GOP leaders down the line. The House will vote this week on whether to attach those amendments to the...

Children in residential treatment facilities face multiple risks: Senate report

Children who are in residential treatment facilities are at risk for sexual and emotional abuse, physical restraint and overmedication, a new Senate report found. The report, conducted by the Senate Committee on Finance and the Senate Committee on Health, Education, Labor, and Pensions, was created after an investigation examined allegations of abuse and neglect at...

US Park Police investigate ‘criminal activity’ after anti-Israel protests at White House

U.S. Park Police say they are investigating “criminal activity" after thousands of anti-Israel agitators descended on Washington, D.C.’s Lafayette Square over the weekend.

Dem senator reacts to ISIS terrorists crossing border by blaming Republicans

FOX Business' Hillary Vaughn confronted Democratic lawmakers about the eight ISIS-linked suspects arrested after crossing the U.S.-Mexico border.

Durbin looks to force Supreme Court ethics bill vote amid Alito controversy

Sen. Durbin will try to force a vote on a Supreme Court ethics reform bill amid mounting Democratic calls for Justice Alito to recuse himself in the Trump immunity case.

Putin’s fleet of warships in Cuba is direct warning to Biden, experts say

Russian President Vladimir Putin is giving a warning to President Biden by sending a fleet of warships to Cuba. Putin has threatened to arm U.S. neighbors.

Arrests of eight ISIS-tied migrants should be wake-up call for Biden on border crisis, senator says

The Republican senator who warned about the possibility of a Central Asian terror threat making its way to the U.S. hopes the recent ICE arrests serve as a wake-up call for Biden.

FBI Director Wray warned of terror threat posed by open border days before 8 ISIS suspects arrested across US

FBI Director Chris Wray warned a Senate subcommittee last week of an increase in suspected terrorists, as well as others carrying fake documents, crossing the border illegally.

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