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The high-stakes battle over the debt ceiling in Washington is spilling over into financial markets. Stock values have whipsawed and bond yields have spiked in recent weeks as Wall Street becomes increasingly fearful of a federal default. Experts say the damage could be minor and ultimately reversible if lawmakers can avert a default. But the…
The House on Wednesday punted the question of whether Rep. George Santos (R-N.Y.) should be removed from Congress, referring an expulsion resolution to the Ethics Committee and shielding Republican lawmakers from having to weigh in on the matter directly. The chamber voted 221-204-7 to send the resolution to the Ethics panel, a largely redundant move…
House Intelligence Committee Chairman Mike Turner (R-Ohio) and House Judiciary Committee Chairman Jim Jordan (R-Ohio) are warning the CIA they could subpoena the agency if it does not produce documents related to a 2020 letter pushing back on the Hunter Biden laptop story. “If the CIA does not produce all responsive documents, the Committees may…
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 your inbox. Sign up for the Morning Report newsletter Any…
The head of the House Democrats said this week that tougher work requirements for social benefits won’t fly with members of his caucus, setting the stage for a drag-out fight with GOP leaders who are insisting on those provisions as a condition of raising the debt ceiling. House Minority Leader Hakeem Jeffries (D-N.Y.) on Monday…
Fox News and Dominion Voting Systems are pushing back on a recent report suggesting Tucker Carlson’s ouster from the network was part of an agreement between the two parties to settle a historic defamation suit out of court. The Variety report, published on Tuesday, quoted an anonymous source who claimed that Dominion wanted to deal…
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 your inbox. Sign up for the Morning Report newsletter Wall…
Less than two weeks stand between Congress and a fast-approaching deadline from the Treasury Department forecasting the earliest the nation could risk a federal default. Negotiations between the White House and Speaker Kevin McCarthy (R-Calif.) have picked up in recent days, but McCarthy told reporters this week that he thinks both parties are still “far…
North Carolina Republican lawmakers face a key test of loyalty as they prepare to override the governor’s veto of a bill that shortens the period in which a pregnancy can be terminated. It’s a vote that could cost both sides of the aisle. Democratic North Carolina Gov. Roy Cooper vetoed a 12-week abortion ban over…
The frenzy set off over the end of Title 42 has so far been a misfire, as the policy’s end precipitated a pause — not a rush — in migrant encounters at the U.S.-Mexico border. In the week preceding the end of the pandemic-inspired policy, the media ran countdowns and surged coverage at the border,…