Senate Republicans are furious that a bipartisan bill they passed to address housing affordability has languished in the House for weeks and undergone revisions that may doom its chances of becoming law before the November election. On Wednesday evening, the House unveiled new legislative text that would scale back the Senate bill’s restriction on institutional...
Jerome Powell’s stint leading the Federal Reserve is finished, but his battle with President Trump is far from over. Powell’s second four-year term as chair of the Fed board ended Friday, two days after his successor, Kevin Warsh, was confirmed by the Senate as the bank’s next chief. After leading the bank for the past...
Voters in recent election cycles have flirted with candidates who seemingly appeared out of nowhere. In 2008, Barack Obama was the fashionable outside pick, challenging the Clinton machine. In a 2016 cycle colored by a rush of populism, Republicans' interest was piqued by Donald Trump from the moment he descended down the escalator. At the same time,...
Scrutiny of lawmakers absent from Washington due to mysterious health issues is ramping up as two House members — Reps. Tom Kean Jr. (R-N.J.) and Frederica Wilson (D-Fla.) — have missed weeks of votes. The absences come as leaders in both parties are encouraging full participation from their members, given the razor-thin margins in the...
Seven candidates running for California’s top office engaged in a fifth and final debate on Thursday evening that largely centered around the issue of affordability. The candidates were asked to provide their closing pitch to voters to address a growing number of cost of living concerns, including rising gas, grocery and housing prices in the...
President Trump late Thursday invoked his predecessor in attempting to explain comments by Chinese President Xi Jinping as the two leaders meet during a high-stakes visit, blaming former President Biden and his administration for the U.S.'s "decline." "When President Xi very elegantly referred to the United States as perhaps being a declining nation, he was...
CIA Director John Ratcliffe made a trip to Cuba Thursday to meet with officials amid negotiations that have followed President Trump’s public musings that he may invade the island nation. A CIA official also stressed Thursday that the window for negotiations may have a timeline, adding that “the Cubans should have no illusions that the...
The governor of South Carolina announced a special legislative session on Thursday to push through a new congressional map that would effectively eliminate the state’s singular Democratic House seat. The move is the latest in a widespread redistricting effort from both parties ahead of the November midterm elections. Republican Gov. Henry McMaster issued an executive...
Former FBI Director James Comey said Thursday that he “never” considered asking former President Biden for a preemptive pardon before President Trump returned to office last year and wouldn’t have accepted one if given. “I don’t know,” Comey responded after CNN’s Kasie Hunt asked him whether he thought Biden might have granted him one if...
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