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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…
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…
House Democrats sought to undercut a brewing Oversight Committee investigation into the discovery of records from President Biden’s tenure as vice president, releasing partial transcripts indicating his assistant was unaware there were classified records in the boxes sent to a center bearing his name. A memo from the panel’s Democrats indicates Biden’s former secretary, Kathy Chung,…
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…
The fight over potential budget cuts to veterans’ care has devolved into finger-pointing and accusations of lying as the larger debt limit battle between Democrats and Republicans heats up. Democrats and veterans’ groups say the GOP’s Limit, Save, Grow Act, which passed the House last week, will end up slashing key programs and services at…
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 Biden…
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…
Age isn’t just a number in 2024 — it’s also proving to be a major campaign weapon wielded by Republicans trying to recapture the White House. The main target is President Biden, who at 80 years old is the oldest president in history running for reelection. But he’s not the only Democrat drawing attacks. Sen….
Treasury Secretary Janet Yellen in a Monday letter to congressional leaders said they have only until June 1 to pass legislation to raise the nation’s debt ceiling. Yellen told lawmakers that she expects the U.S. to no longer be able to pay all of its outstanding obligations by as early as June 1, ramping up…
Montana Rep. Zooey Zephyr, a Democrat censured last week by Republicans in the state House, is suing her state and its House speaker over her punishment. Zephyr, along with three of her constituents who are also a part of the suit, argues the Legislature took retaliatory and unlawful action against her for engaging in speech…