Fed Chair on why rates stayed steady Fed Chair Jerome Powell explains why rates stayed steady, unlike in December 05:11 Federal Reserve Chair Jerome Powell reiterated his view that the central bank should keep interest rates steady for now, citing inflation risks from U.S. tariffs. Powell, who made his remarks in prepared testimony Tuesday before the
Washington — Democrats on the House Oversight Committee are meeting Tuesday to elect a new ranking member following the death of Rep. Gerry Connolly last month. Though Democrats are currently in the minority, the new ranking member would be in line to chair the Oversight Committee if Democrats retake the House in 2026, halfway through
The Trump administration plans to rescind a nearly quarter-century-old rule that blocked logging on national forest lands, Agriculture Secretary Brooke Rollins announced Monday. The “roadless rule” adopted in the last days of Bill Clinton’s presidency in 2001 long has chafed Republican lawmakers, especially in the West where national forests sprawl across vast, mountainous terrain and
President Trump on Tuesday heads to Brussels for a whirlwind NATO summit at the Hague, Netherlands, hours after he announced that Iran and Israel had reached a ceasefire agreement. The president hoped to secure during the summit a commitment from NATO allies to spend at least 5% of GDP on defense. But a day
Washington — Democrats on the House Oversight Committee are meeting Tuesday to elect a new ranking member following the death of Rep. Gerry Connolly last month. Though Democrats are currently in the minority, the new ranking member would be in line to chair the Oversight Committee if Democrats retake the House in 2026, halfway through
Israel and Iran said Tuesday they are complying with a ceasefire agreement announced by President Trump. Mr. Trump said on Truth Social just after 1 a.m. ET Tuesday that a ceasefire he announced earlier between the two countries “IS NOW IN EFFECT. PLEASE DO NOT VIOLATE IT!” The Israeli government announced that, “In light of
Update: This story was published before President Trump, on Tuesday morning, accused both Israel and Iran of violating the ceasefire he had announced just hours earlier. Then, after speaking with Israel’s prime minister, Mr. Trump said Israel would not continue attacking Iran and declared, “the Ceasefire is in effect.“ Read more here. Israel and Iran said