The Fed chair stressed the need for the Federal Reserve’s independence in a wide-ranging interview at the annual DealBook Summit. Federal Reserve Chair Jerome Powell said on Dec. 4 that it is unlikely the U.S. central bank will lose its independence in the incoming Trump administration. The Fed’s independence, which Powell said is “the law
The two have been chosen by President-elect Donald Trump to lead government financial reforms through a new advisory board. WASHINGTON—Elon Musk and Vivek Ramaswamy were on Capitol Hill on Dec. 5, where they met with several high-profile Republicans in both chambers of Congress. Musk and Ramaswamy, after being nominated by President-elect Donald Trump to lead
The Nevada Democratic Party is imploring its national party leaders to focus more on "diverse, working-class states" when it considers how to "rebuild" after this year's election.
South Dakota Gov. Kristi Noem called for the creation of a school choice program for students in her state, announcing an initial $4 million investment in the project that she hopes will become standard. “Good education starts in the home,” Noem said in a Dec. 3 press conference. “And parents should have the tools to choose
The provost’s decision follows criticism of the university’s aggressive DEI program and pushback from the board of regents Students at the University of Michigan’s 2024 spring commencement ceremony (Nic Antaya/Getty Images) The University of Michigan has eliminated diversity statements from its hiring, promotion, and tenure processes, Provost Laurie McCauley announced Thursday morning. The decision comes
The assistant energy secretary refuted the significance of the claim, saying the decision to pause LNG was based on multiple reports. House Republicans say the Biden administration buried a 2023 analysis that cautioned against imposing its January 2024 pause in processing new liquified natural gas (LNG) export permits and continues to dodge congressional requests to
Democrats are set to lose the Senate and the White House in 2025. The U.S. Senate on Dec. 5 confirmed the eighth judge this week, as Democrats race to utilize the remaining days of their majority. Senators in a 52–45 vote confirmed Sarah Morgan Davenport as a U.S. district judge in New Mexico. Sens. Susan