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Lawmakers are bracing for what could shape up to be a dramatic few weeks for both parties, as they brace for a high-stakes battle over the nation’s borrowing limit. The Treasury Department said this week that the nation could have until as soon as the start of June before it exhausts the “extraordinary measures” implemented…
The Senate on Wednesday voted 56 to 41 to override President Biden’s two-year suspension of tariffs on solar imports from four southeast Asian countries. The resolution, sponsored by Sens. Rick Scott (R-Fla.) and Joe Manchin (D-W.Va.), is the Senate version of a measure that passed the House Friday in a 221-202 vote. Sen. Rand Paul…
President Biden ran on a platform of slowing the dangerous heating of the planet caused by fossil fuel emissions. But despite the Democrats’ passage of an ambitious climate investment package last year, Biden has angered many of his core voters — particularly younger ones — by what they view as his continued support for the fossil fuel…
Sen. Chuck Grassley (R-Iowa) and House Oversight Committee Chair James Comer (R-Ky.) are demanding a document from the FBI they say outlines an unverified and unspecified “alleged criminal scheme” involving a foreign national and President Biden when he was vice president. Comer on Wednesday subpoenaed the FBI for the document, marking an escalation in Republicans’ investigation…
The Federal Reserve voted to raise interest rates Wednesday by another 0.25 percentage points, brushing aside concerns about the financial sector and an expected recession later this year. The Fed’s rate-setting committee voted unanimously Wednesday to boost its baseline interest rate to a range of 5 to 5.25 percent, the point at which Fed officials…
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Republicans and Democrats alike are throwing cold water on the idea of moving a short-term debt ceiling increase before a June 1 deadline, raising the pressure on negotiators to reach a deal before then or risk a government default. Sen. Dick Durbin (D-Ill.) told reporters on Tuesday he is not in favor of a short-term…
Former Fox News host Tucker Carlson called a woman “yummy” and made other inappropriate comments on the set of his popular show, newly revealed footage shows. “If we’re going to talk about sex, I’d love to hit some of the fine points of technique. But, you know, but it’s your show. It’s totally up to…
House Democrats on Tuesday revealed a secret plan to break through the partisan logjam that’s dogging talks over the debt ceiling and threatening a government default. The strategy, kept under wraps since being formulated in January, is designed to force a vote on a debt limit hike even over the objections of Republican leaders, who…
Sen. Joe Manchin (D-W.Va.) is stepping up his criticism of President Biden’s leadership, stirring speculation that the maverick Democrat may challenge Biden as a third-party candidate in 2024. Manchin notes he has had a 12-year relationship with No Labels, the centrist political group that is trying to gain access to the ballot in all 50…