His increased presence in Iowa coincides with recent comments he made about abortion, which could pose risks to his campaign in the state, as The Hill previously reported. The former president attacked Florida Gov. Ron DeSantis, a rival for the GOP presidential nomination, for his signing of a six-week abortion ban, calling the move “a...
Time is running out for additional Republican presidential candidates to meet the qualifications to participate in the second GOP presidential debate next week. Eight candidates participated in the first debate hosted by Fox News in Milwaukee last month, but the Republican National Committee (RNC) has since raised the fundraising and polling requirements, which could narrow the field that qualifies...
The Federal Reserve kept interest rates steady Wednesday, holding off on another increase despite two consecutive months of accelerating inflation. The Federal Open Market Committee (FOMC), the panel of Fed officials responsible for setting interest rates, said Wednesday it will keep the bank’s baseline borrowing costs at a range of 5.25 percent to 5.5 percent....
The Internal Revenue Service (IRS) is setting up a new division with the billions in new funding it received in the Inflation Reduction Act to go after uncollected taxes sheltered in companies that pass their tax liability through to their individual owners. These kinds of businesses are known as “pass-through entities” and often take the...
Federal Reserve Chairman Jerome Powell is scheduled to speak with the media Wednesday afternoon following a two-day meeting of the Federal Open Market Committee (FOMC), the panel tasked with setting interest rates. No change in rates is expected. Previous significant hikes appear to be working, albeit with some reversals in the last two months. Inflation...
Florida Gov. Ron DeSantis has released his energy independence plan that the presidential hopeful says will lower the price of gas to $2 a gallon by 2025 and achieve "American energy dominance."
The Republican Legislature of Wisconsin has struck down a special session over a $1 billion pandemic-era child care program supported by Democratic Gov. Tony Evers.
Students for Fair Admissions is suing the U.S. Military Academy at West Point over alleged racial composition "goals" after the Supreme Court's affirmative action ruling.