Larry Summers: Odds of a recession ‘close to...

Former Treasury Secretary Larry Summers said Monday that the odds of a recession are “close to 50/50.” “I told [Kasie Hunt] @CNN today, I think there is a real possibility of a recession,” Summers said in a thread on the social platform X. “I would have said a couple of months ago a recession was...

House Rules Committee advances GOP’s stopgap ahead of...

The House Rules Committee voted Monday night to advance the GOP's bill to avert a government shutdown, dispatching the measure to the full chamber for consideration ahead of Friday's deadline. The panel voted 9-3 to adopt the rule, which governs debate on the legislation. The successful vote sends the measure to the House floor for...

D.C. Mayor calls out ‘$1.1 billion problem’ in...

Washington, D.C., Mayor Muriel Bowser (D) on Monday sounded alarm over what she described as a "$1.1 billion problem" in a plan rolled out by House Republicans to keep the government funded beyond a Friday shutdown deadline and into September. In remarks outside of Congress on Monday afternoon, Bowser called on lawmakers to change the...

DOGE likely subject to open records law, judge...

The Department of Government Efficiency (DOGE) is likely covered under the Freedom of Information Act (FOIA), a federal judge ruled late Monday, rejecting the Trump administration’s position that the group does not have to respond to public records requests. U.S. District Judge Christopher Cooper found DOGE exercises substantial authority independently of the president, which makes...

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