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Fed hikes rates despite concerns over banking crisis The Federal Reserve hiked interest rates by 0.25 percentage points on Wednesday after numerous failures in the banking sector had prompted some analysts on Wall Street to call for a pause. The quarter-point hike is the ninth consecutive rate increase by the Fed since March of last…
The Hill’s Morning Report — Will Trump be indicted today? Editor’s note: The Hill’s Morning Report is our daily newsletter that dives deep into Washington’s agenda. To subscribe, click here or fill out the box below. Close Thank you for signing up! Subscribe to more newsletters here The latest in politics and policy. Direct to…
McCarthy brushes off Trump’s payment to Stormy Daniels as ‘personal money’ Speaker Kevin McCarthy (R-Calif.) on Tuesday said former President Trump’s payment to adult film star Stormy Daniels in 2016 involved “personal money,” an apparent attempt to minimize the Manhattan District Attorney’s investigation into the matter after Trump said he expects to be arrested this…
Why Putin is casting the Ukraine war as a fight for Russia’s survival Russian President Vladimir Putin has increasingly cast the Ukraine war as an epic fight for Russia’s survival, accusing the West of “using Ukraine as a battering ram against Russia and as a testing range.” In his telling, the West started the war,…
Trump lawyer: If he’s indicted ‘this is an all-out war’ A lawyer for former President Trump said on Monday that it will be “an all-out war” if Trump is indicted in the Manhattan district attorney’s probe into a 2016 hush-money payment. “They can do what they want,” Trump lawyer Joe Tacopina said of the possible…
Jackson pens solo dissent as Supreme Court vacates abortion ruling The Supreme Court on Monday struck down a federal court ruling upholding the right for a minor to go to court to get permission to undergo an abortion, with Justice Ketanji Brown Jackson penning a solo dissent in the case. The ruling from the court…
Trump DC hotel dispute with House Democrats lands at Supreme Court The Supreme Court is poised to decide if it will take up a case on whether Democratic lawmakers should be able to obtain documents related to former President Trump’s former D.C. hotel — a popular meeting place for GOP power-players during his administration that…
GOP-led ‘debt prioritization’ push to help prevent default draws mixed reviews A GOP-backed push to lay out a plan for the government to prioritize certain payments if the Treasury runs out of emergency measures to prevent a default is picking up some traction as both parties dig in their heels on the debt ceiling battle….
Biden’s camp confident he’s up to rigors of campaigning, even amid doubts When President Biden announces his reelection bid in the coming weeks, he’ll enter a grueling 18-month phase of nonstop travel, sprinting from one swing state to another. It’s expected to be a far different presidential election cycle than in 2020, when during the height of the COVID-19 pandemic, Biden…
Cohen says Trump calls for protest against Manhattan DA probe signals desire for ‘violent clash’ on his behalf Former Trump attorney Michael Cohen said on Saturday that former President Trump’s calls for a protest against the Manhattan district attorney’s probe signals a desire for “another violent clash” on his behalf. “It’s eerily similar to the…