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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…
Don Lemon’s former CNN’s co-anchors early Tuesday addressed his sudden firing from the network one day earlier, sharing news of his departure with the outlet’s audience and praising his nearly 20-year career at the cable news giant. “We begin with some news about this show,” anchor Poppy Harlow said as “CNN This Morning,” opened. “As…
Tennessee state Rep. Justin Jones (D-Nashville) has retaken his oath of office and been reinstated to the state House days after being expelled for joining a state capitol protest against gun violence. On Monday afternoon, the Nashville Metropolitan Council voted to reinstate Jones, after the GOP-controlled House voted to expel him and his colleague Rep….
Rep. Dan Goldman (D-N.Y.) slammed Rep. Jim Jordan (R-Ohio) over the House Judiciary Committee’s planned hearing in New York City next week, telling the GOP chairman he is “not welcome” in Goldman’s district, where the event is taking place. “Instead of focusing on improving the lives of the American people, Jim Jordan has decided to…
The future of mifepristone, a common medication used for abortion, is on ice after federal judges issued dueling decisions Friday night involving the pill’s legality. Two decades after the Food and Drug Administration (FDA) first approved the prescribing and distribution of mifepristone, a federal judge in Texas suspended the agency’s approval in a case fraught…
White House: Russia may provide Iran with fighter jets The White House on Friday warned that Russia may provide Iran with fighter jets as part of an expanding defense relationship between the two countries. John Kirby, a White House spokesperson on national security issues, told reporters in a virtual briefing that the U.S. has “additional…
Scott doubles down on sunsetting all federal programs after Biden’s jab Sen. Rick Scott (R-Fla.) on Wednesday defended his proposal to sunset all federal legislation after five years and slammed President Biden as “confused” in response to Biden’s claim at the State of the Union address that some Republicans want to sunset Social Security and…
What Sinema’s party switch means for the Senate The reverberations from Sen. Kyrsten Sinema’s (Ariz.) announcement on Friday that she has left the Democratic Party and is now an Independent are being felt across the political spectrum but especially in the Senate itself, where lawmakers are evaluating how her decision will change the dynamics of…
Arizona’s Maricopa County votes to certify 2022 election over GOP objections Supervisors in Arizona’s Maricopa County voted unanimously to certify their election canvass ahead of a state deadline on Monday, defying Republican objections. Arizona gubernatorial candidate Kari Lake (R) and others in the GOP have seized on printer malfunctions in Maricopa County, Arizona’s most populous…
Graham testifies before Georgia grand jury in 2020 election probe Sen. Lindsey Graham (R-S.C.) on Tuesday testified before a Fulton County, Ga., special grand jury probing 2020 election interference in the state after a months-long attempt to avoid appearing. Graham, an ally of former President Trump, had cited constitutional arguments as he sought to block…