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The debt ceiling fight gripping Washington this month bears echoes of a similar clash in 2011, when a Democratic president squared off against a Republican House in a fight that dragged on for months, pushed the country to the brink of default and led to the first credit downgrade in U.S. history. Except this time…
Democrats are sounding increasingly fed up with free trade agreements and some of the basic tenets of globalization that have defined the last several decades of U.S. trade policy, echoing some of the “America First” sentiments that put former President Trump at odds with the economic orthodoxies of his own party and a longstanding policy…
Education Secretary Miguel Cardona confirmed this week that the Department of Education is preparing to restart student loan payments later this year. “The emergency period is over, and we’re preparing our borrowers to restart,” Cardona said at a Senate Appropriations hearing on Thursday, as the national COVID-19 public health emergency was set to expire at…
Homebuyers and renters alike could feel relief later this year as home prices stabilize, mortgage rates decline and rent price growth continues to slow. Economists expect the Federal Reserve to pause rate hikes for a time while it observes incoming economic data, some stemming from the banking crisis that led to tightened lending. This could…
Florida Gov. Ron DeSantis (R) said the GOP needs to reject a “culture of losing” that has taken hold in the party in recent years to win the elections in 2024. DeSantis said during an appearance on Saturday at the annual Feenstra Family Picnic, an annual fundraiser hosted by Rep. Randy Feenstra (R-Iowa), that Republicans…
Former President Donald Trump is hoping to squash any momentum from Florida Gov. Ron DeSantis (R) or other would-be Republican challengers before the party’s 2024 primary even begins in earnest. Trump has moved aggressively in recent days to stamp out any suggestion that another candidate can topple him or could be a viable alternative, and…
House Republicans fulfilled a major campaign promise this week with the passage of a border security crackdown measure — given the designation of H.R. 2 to symbolize its significance — that boosts border technology and funding, restarts border wall construction, adds new restrictions on asylum seekers and more. But they did so only after months…
The unprecedented step of President Biden invoking the 14th Amendment to avoid a national default would likely lead to legal uncertainty hanging over the already-fragile financial system. Markets are concerned about a default, which could come as soon as June 1 if Biden and lawmakers can’t come to an agreement. But if Biden chose to…
Former President Donald Trump and Florida Gov. Ron DeSantis (R) are heading to Iowa on Saturday for dueling events that underscore the escalating rivalry between the two leading contenders for the 2024 Republican presidential nomination. DeSantis has been slated for weeks to headline Rep. Randy Feenstra’s (R-Iowa) annual Family Picnic in Sioux Center, Iowa, and…
Rep. John Duarte (R-Calif.) explained his decision to vote against the GOP’s border bill that the House passed mostly along party lines, saying he did so to support working families and agriculture. Duarte was one of two Republicans, along with Rep. Thomas Massie (Ky.), that chose to vote against the bill. The House passed the…