Republican Senators Press Fed’s Jerome Powell on Delay in Rate Cuts

Appearing before the Senate Banking Committee on June 25 for a second day of his semi-annual monetary policy report to Congress, Federal Reserve Chair Jerome Powell faced criticism from GOP lawmakers over the central bank’s failure to lower interest rates. Repeating his position from the House Financial Services Committee hearing the day before, Powell told

Judicial nominee Bove denies allegation he told lawyers to ignore court orders

Top Justice Department official Emil Bove, who has been nominated for the federal appeals bench, testified before the Senate Wednesday that he never told department attorneys to ignore court orders, denying the account of a whistleblower.   Bove, a former criminal defense attorney who represented President Trump, rejected suggestions by Democrats that the claims of