When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs.
The White House is telling Congress that hostilities with Iran have “terminated” despite the continued presence of U.S. armed forces in the region.
Defense Secretary Pete Hegseth faced withering questioning in his first appearance before Congress since the Trump administration went to war against Iran.
The Federal Reserve will meet this week ahead of a looming leadership transition that remains fuzzy, and Wednesday’s news conference will be closely watched for any clarification.
The Republican senator who had effectively blocked confirmation of President Donald Trump’s pick to lead the Federal Reserve says he's dropping his opposition after the Department of Justice ended its investigation of the current central bank chair.
The Justice Department has ended its investigation into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of Kevin Warsh as his successor.
A surge for Intel following a blowout profit report led the U.S. stock market to more records, while oil prices kept yo-yoing in the wait for what’s next with the Iran war.
Health Secretary Robert F. Kennedy Jr. has concluded a marathon of budget hearings with federal lawmakers.
President Donald Trump’s nominee to chair the Federal Reserve says that he never promised the White House he would cut interest rates, even as the president renewed his calls for the central bank to do so.
President Donald Trump’s nominee to run the Federal Reserve, Kevin Warsh, is likely to face tough questions about his vast financial holdings at a hearing next week by the Senate Banking Committee.
The Trump administration is setting the stage to shift its war campaign toward a more economically focused effort aimed at choking Tehran into submission rather than relying on bombs alone.
The Republican-led Senate has rejected the latest Democratic attempt to halt President Donald Trump’s war in Iran.
Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation project, according to two people familiar with the visit.
Homeland Security Secretary Markwayne Mullin has toured North Carolina areas devastated by Hurricane Helene in 2024.
U.S. lawmakers visiting Taiwan say the United States supports efforts by Taiwan's government to pass a $40 billion special defense budget that is being stalled in the opposition-controlled parliament.
Wellness influencer Dr. Casey Means' nomination to become U.S. surgeon general is stalled a month after senators grilled her on vaccines during a tense confirmation hearing.
President Donald Trump is cycling through what seems to be an increasingly desperate list of options as he searches for a solution to the crisis in the Strait of Hormuz.
A federal judge on Friday quashed Justice Department subpoenas issued to the Federal Reserve in January, a severe blow to an investigation that has already attracted strong criticism on Capitol Hill.
Majority Leader John Thune says that the Senate will consider a bill to impose strict new proof-of-citizenship requirements in elections.
Visitors to the Capitol in Washington now have a visible reminder of the siege there on Jan. 6, 2021, and the officers who fought and were injured that day.
Homeland Security Secretary Kristi Noem wrapped up two days of scrutiny in Congress, appearing for the first time in front of lawmakers since the shooting deaths of two protesters in Minneapolis at the hands of immigration enforcement officers.
The Trump administration has formally nominated Kevin Warsh, a former top Federal Reserve official, to be next Fed chair when Jerome Powell’s term ends in two months.
Longtime Sen. John Cornyn and MAGA favorite Ken Paxton are heading to a May runoff in Texas’ Republican Senate primary, while Congresswoman Jasmine Crockett and state Rep. James Talarico are in a close race for the Democratic nomination.
Homeland Security Secretary Kristi Noem has defended her agency in testimony and under questioning at a Senate hearing.
Former Democratic Gov. Roy Cooper and ex-Republican National Committee Chairman Michael Whatley have won their respective party nominations for a North Carolina U.S. Senate seat.
North Carolina voters will narrow down the field of candidates Tuesday in a competitive U.S. Senate race that could decide control of the closely divided chamber in November.
Election-year legislation to impose strict new proof-of-citizenship requirements on voting appears stalled in the Senate, for now, despite President Donald Trump’s call in his State of the Union speech that Republicans in Congress pass the bill “before anything else.”.
Republican Sen. Thom Tillis from North Carolina suggests he could support a compromise that would allow the Senate Banking Committee to start hearings on Kevin Warsh, President Donald Trump’s nominee to chair the Federal Reserve.
Senate Majority Leader John Thune says Democrats' demands for new restrictions on federal immigration officers are “unrealistic.”.
Treasury Secretary Scott Bessent says it would be up to the president to decide whether to sue Kevin Warsh, Donald Trump's nominee for Federal Reserve chair, if he doesn't lower interest rates.
The Senate has voted to fund most of the government through the end of September while carving out a temporary extension for Homeland Security funding, giving Congress two weeks to debate new restrictions on federal immigration raids across the country.
Democrats and the White House have struck a deal to avert a partial government shutdown and temporarily fund the Department of Homeland Security as they negotiate new restrictions for President Donald Trump’s surge of immigration enforcement.
Republicans are increasingly worried about immigration enforcement becoming a political problem in the upcoming midterm elections.
Moderate Democratic Sen_ Jacky Rosen is calling for the impeachment of Homeland Security Secretary Kristi Noem, saying that her “attempt to mislead the American public” about the fatal shooting of a 37 year-old protester in Minneapolis is “deeply shameful.”.
Democratic senators are vowing to oppose a funding bill for the Department of Homeland Security following the shooting death of a man in Minnesota.
A growing number of Republicans are pressing for a deeper investigation into federal immigration tactics after a U.S. Border Patrol agent fatally shot a man in Minneapolis.
Republican lawmakers are scrambling to contain President Donald Trump’s threats of taking possession of Greenland.
President Donald Trump gathered House Republicans this week at Washington’s Kennedy Center for a pep rally that kicked off the year.
The Senate has advanced a resolution that would limit President Donald Trump’s ability to conduct further attacks against Venezuela.
U.S. Secretary of State Marco Rubio says he plans to meet with Danish officials next week after the Trump administration reiterated its intention to take over the strategic Arctic island.
The Lumbee Tribe of North Carolina has achieved federal recognition as a tribal nation by attaching it to a defense bill passed by Congress.
Defense Secretary Pete Hegseth says the Pentagon will not publicly release unedited video of a strike that killed two survivors of an initial attack on a boat allegedly carrying cocaine in the Caribbean.
The Senate has rejected legislation to extend Affordable Care Act tax credits, essentially guaranteeing that millions of Americans will see a steep rise in costs at the beginning of the year.
Defense Secretary Pete Hegseth says he's still weighing whether to release the full video of an attack on an alleged drug boat that killed two survivors.
A Navy admiral has told lawmakers that there was no “kill them all” order from Defense Secretary Pete Hegseth in the boat attack in the Caribbean, but the video of survivors being killed has alarmed lawmakers, That disclosure Thursday comes as Congress scrutinizes an attack on an alleged drug boat in international waters near Venezuela.
U.S. senators critical of President Donald Trump’s approach to ending the Russia-Ukraine war say they spoke with U.S. Secretary of State Marco Rubio who told them that the peace plan Trump is pushing Kyiv to accept is a “wish list” of the Russians and not the actual U.S. plan.
Now that the government shutdown is over, House and Senate Republicans say they'll negotiate with Democrats on whether to extend COVID-era tax credits that help tens of millions of Americans afford their health care premiums.
Hungarian Prime Minister Viktor Orbán says his country has received an exemption from U.S. sanctions on Russian energy after a meeting in the White House with President Donald Trump.
Senate Republicans have rejected legislation that would have put a check on President Donald Trump’s ability to launch an attack against Venezuela.
A briefing held only for Republicans in Congress on U.S. military strikes is drawing a fierce rebuke from a key Democrat.
Senators are laboring to find a way to reopen the government but find themselves struggling to overcome a fundamental lack of trust between the two parties.
President Donald Trump has seized on the government shutdown as an opportunity to reshape the federal workforce and punish detractors, by threatening mass firings of workers and suggesting “irreversible” cuts to programs important to Democrats.
President Donald Trump launched Operation Warp Speed during the COVID-19 pandemic, and, as recently as last week, praised it as a major achievement.
Health Secretary Robert Kennedy Jr. faced bipartisan questioning over recent changes to health agencies, vaccine approvals and other priorities at a contentious three-hour Senate hearing.
U.S. Sen. Joni Ernst is expected to announce next month she won't seek reelection, leaving another vacancy in an Iowa seat that could have ripple effects down the ballot as Democrats look to the state for pickup opportunities.
Donald Trump has a message for critics who think turning the U.S. government into a major stockholder of Intel is a “socialist” move: More is coming.
An Iowa Democratic state lawmaker is bowing out of the 2026 U.S. Senate primary race and endorsing a colleague as the “best hope” to unseat Republican U.S. Sen. Joni Ernst.
President Donald Trump’s decision to impose sanctions on Brazil in defense of the country's former president, Jair Bolsonaro, has marked a low point in U.S.-Brazil relations.
Former Democratic Gov. Roy Cooper will run for the U.S. Senate in North Carolina, giving Democrats a proven statewide winner in an open-seat race that is expected to be one of the most competitive 2026 contests.
Michael Whatley, chairman of the national Republican Party, plans to run for an open Senate seat in North Carolina in 2026, with the blessing of President Donald Trump, after Trump’s daughter-in-law, Lara, passed on the seat.
Republicans are encountering some early headaches in Senate races viewed as pivotal to maintaining the party’s majority next year.
When House Speaker Mike Johnson gifted to President Donald Trump the gavel used to enact the Republicans' tax breaks and spending bill, it was a memorable moment at the White House.
The House is expected to approve President Donald Trump’s request to claw back about $9 billion in already appropriated funding for public broadcasting and foreign aid.
President Donald Trump is downplaying the possibility of sending Ukraine long-range weapons as Kyiv awaits an injection of U.S. weaponry that it hopes will help it beat back an intensifying Russian air offensive.
The House has passed the massive tax and spending cuts package that President Donald Trump calls “beautiful,” getting it to his desk a day before the July 4 deadline that he had set.
House Republicans have propelled President Donald Trump’s multitrillion-dollar tax breaks and spending cuts bill to final congressional passage.
An empty hospital in Williamston, North Carolina, offers an evocative illustration of why Republican Sen. Thom Tillis would buck his party and its leaders to vote down President Trump’s signature domestic policy package.
Republicans in Congress have advanced a bill cutting clean energy tax credits, and the industry is bracing for the impacts.
House Republicans strained through a day of starts and stops trying to advance President Donald Trump’s tax and spending cuts package.
Senate Majority Leader John Thune says Republicans “got the job done” in passing President Donald Trump’s big bill of tax breaks and spending cuts.
North Carolina Sen. Thom Tillis' announcement over the weekend that he won't seek reelection is heating up the campaign on both sides of the aisle.
Republican U.S. Rep. Don Bacon of Nebraska has announced he will not seek reelection next year.
The Senate’s long day of voting has churned into a long night as Republican leaders grasp for ways to shore up support for President Donald Trump’s big bill of tax breaks and spending cuts.
Debate has been underway late into the night in the Senate on President Donald Trump’s big tax breaks and spending cuts package.