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Senate Republicans are worried the House GOP’s decision to write government funding bills at levels below those laid out in the recently passed bipartisan debt ceiling bill will create a tough road for lawmakers to avert a government shutdown. House Republican leaders this week announced a plan to write 2024 spending bills at fiscal 2022…
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Twenty House Republicans joined Democrats on Wednesday in voting to table a resolution to censure Rep. Adam Schiff (D-Calif.), breaking from the majority of the GOP conference on a measure that was backed by leadership. The House voted 225-196-7 to effectively kill the measure, which was spearheaded by Rep. Anna Paulina Luna (R-Fla.). It called…
Facing a stronger-than-expected economy and sticky inflation in core prices, the Federal Reserve signaled Wednesday it’s going to hike interest rates two more times before the year is through despite taking a break in June. The June pause marks the first interval in one of the fastest quantitative tightening cycles in the history of the…
The House on Wednesday effectively killed a resolution to censure Rep. Adam Schiff (D-Calif.), voting for a Democratic-led motion to table the measure. The chamber voted 225-196-7 to table the resolution. Twenty Republicans voted with Democrats to table the measure, while seven lawmakers — five Democrats, two Republicans — voted present. “I think it says that…
The Federal Reserve is taking a break from a rapid stretch of rate hikes as it approaches a critical crossroads in its battle with inflation. The Fed’s rate-setting committee announced Wednesday it would keep its baseline interest rate range unchanged for the first time since January 2022. The Fed funds rate range will remain at…
Fox News sent out a statement acknowledging a chyron that ran late Tuesday during former President Trump’s post-indictment remarks that called President Biden “wannabe dictator.” “WANNABE DICTATOR SPEAKS AT THE WHITE HOUSE AFTER HAVING HIS POLITICAL RIVAL ARRESTED,” the Fox News chyron read just before 9 p.m., as the network showed a split screen of…
Senate Republicans are worried former President Trump’s legal troubles will create a major headwind for GOP candidates in 2024. They say the battle between the Justice Department and Trump, who pleaded not guilty Tuesday to charges that he violated the Espionage Act and obstructed justice with his handling of classified documents, will become a…
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Editor’s note: This report has been updated to note that a state judge is overseeing former President Trump’s hush money case in Manhattan. Former President Trump unleashed a torrent of insults directed at special counsel Jack Smith on Tuesday, hours after Trump pleaded not guilty to a 37-count indictment brought by Smith over the former…