Federal Reserve Chair Jerome Powell on June 24 told lawmakers on Capitol Hill that tariffs will likely raise inflation and weigh on the U.S. economy. Powell will deliver his semi-annual monetary policy to Congress this week, emphasizing that economic activity is robust, employment conditions are solid, and inflation remains slightly above the institution’s 2 percent
The House Oversight and Government Reform Subcommittee on Delivering on Government Efficiency holds a hearing titled “Locking in the DOGE Cuts: Ending Waste, Fraud, and Abuse for Good” at 10 a.m. ET on June 24. Witnesses: Matthew Dickerson, director of budget policy at the Economic Policy Innovation Center (EP… Original News Source Link – Epoch
The House Oversight and Government Reform Subcommittee on Delivering on Government Efficiency holds a hearing titled “Locking in the DOGE Cuts: Ending Waste, Fraud, and Abuse for Good” at 10 a.m. ET on June 24. Witnesses: Matthew Dickerson, director of budget policy at the Economic Policy Innovation Center (EP… Original News Source Link – Epoch
Odds of a July interest rate cut ticked up on June 23, as key Federal Reserve officials signaled support for a reduction next month. New CME FedWatch Tool data from June 23 suggest that the futures market projects a 21 percent chance of a quarter-point rate cut in July, up from 14 percent a week
The House Judiciary Committee holds a hearing at 10 a.m. ET on June 24, titled “Fiscal Accountability and Oversight of the Federal Courts,” to examine budgetary and administrative practices within the judiciary. Witnesses include Circuit Judge and Budget Committee Chair of the Judicial Conference of the United States Amy St. Ev… Original News Source Link
The House Energy and Commerce Committee’s Subcommittee on Health holds a hearing to examine the Fiscal Year 2026 Department of Health and Human Services Budget at 10 a.m. ET on June 24. Witnesses: The Honorable Robert F. Kennedy, Jr., Secretary, U.S. Department of Health and Human Services Original News Source Link – Epoch TimesRunning For
The Senate Armed Services Committee holds a hearing at 9:30 a.m. ET on Tuesday, June 24, to consider the nominations of U.S. Navy Vice Adm. Charles B. Cooper II to be admiral and commander of U.S. Central Command, and U.S. Air Force Lt. Gen. Alexus G. Grynkewich to be general and commander of U.S. European