Trump Sees 'Unprecedented Opportunity' to Slash Federal Agencies
With the Senate largely idle in observance of the Jewish holiday of Yom Kippur, no votes on funding the government were held Thursday. The Senate is...
Trump Admin Looks to Squeeze Dems as Shutdown Starts
After the federal government officially shut down overnight, congressional leaders spent much of the day Wednesday trying to sway public opinion and...
Trump Jacks Up Tariffs on Pharmaceuticals, Says He’ll Bail Out Farmers With Tariff Revenues
Hours after saying he plans to use tariff revenues to aid distressed farmers in the U.S., President Trump announced late Thursday that he is raising...
Economic Growth Revised Upward for Q2
The U.S. economy grew at a 3.8% clip in the second quarter this year, faster than originally thought, the Commerce Department said Thursday. The...
Trump Cancels Negotiations With Democrats, Raising Odds of a Shutdown
President Donald Trump on Tuesday announced that he has canceled a meeting to discuss government funding with senior lawmakers scheduled for Thursday...
Dems, White House Both Bet They Can Win Shutdown Blame Game
After the Senate last week failed to approve a pair of competing bills to fund the government, including a measure that had been passed by House...
Trump Asks Supreme Court to Allow Him to Fire Fed Governor Cook
The Trump administration on Thursday asked the Supreme Court to allow the president to fire Federal Reserve Governor Lisa Cook, even as litigation...
Fed Cuts Key Interest Rate for First Time This Year
The Federal Reserve cut its benchmark interest rate by 25 basis points on Wednesday amid concerns about the strength of the labor market, while bank...
House Republicans Release Their Plan to Jam Democrats in Shutdown Fight
The shutdown showdown has officially begun. House Republicans today unveiled a stopgap spending bill that would avert a potential government shutdown...
Appeals Court Blocks Trump From Firing Cook as Fed Meeting Begins
In a ruling issued late Monday, the U.S. Court of Appeals blocked President Trump from immediately firing Federal Reserve Governor Lisa Cook, clearing...