Fed meeting minutes reveal deep splits on December rate cut decision

Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping the rate unchanged, minutes released Tuesday show, underscoring the divisions and uncertainty permeating the central bank. At their December 9-10 meeting, Fed officials agreed to cut their key interest rate by a quarter point for the

Judge Blocks White House’s Attempt to Defund Consumer Watchdog Agency

A special police member monitors a protest, while inside the Consumer Financial Protection Bureau (CFPB) building in Washington on Feb. 8, 2025. Nathan Howard/File Photo/Reuters A federal judge ruled Tuesday that the White House cannot lapse its funding of the Consumer Financial Protection Bureau (CFPB), a watchdog that has long drawn the ire of congressional

ICE can access some Medicaid information for deportation efforts, judge says

A federal judge in California this week allowed officials to share some Medicaid information — including addresses and phone numbers — with Immigration and Customs Enforcement to help that agency in its efforts to identify, arrest and deport immigrants suspected of living in the U.S. illegally. The ruling amounts to a partial legal victory for