Alaska Sues Federal Government Over Curbs to Oil and Gas Leases

Legal action preceded a Jan. 8 Department of Interior notice to restrict lease auctions to only 400,000 acres of an Arctic wildlife refuge. The state of Alaska is suing the federal government over the Department of Interior’s (DOI) alleged “unlawful detour” in restricting oil and gas lease auctions to about 400,000 “impracticable to develop” acres

Lawmakers Propose Amendment to Congressional Term Limits

Under the proposal by Sen. Ted Cruz and Rep. Ralph Norman, House members would be ineligible to run after their third term, senators after their second. Senator Ted Cruz (R-Texas) and Rep. Ralph Norman (R-S.C.) have introduced joint resolutions in the Senate and House respectively, calling for congressional term limits. “With the evident abuse of

Schumer Accuses Republicans of Undermining Norms in Trump Nominee Confirmations

Senate Minority Leader Chuck Schumer says Republicans are undermining transparency and accountability by rushing the confirmation process. Senate Minority Leader Chuck Schumer (R-N.Y.) has accused Republicans of attempting to fast-track the confirmation of President-elect Donald Trump’s Cabinet nominees, saying that such actions undermine Senate norms and transparency. Schumer’s remarks, delivered on the Senate floor on

Federal Reserve Officials Are Concerned About Inflation Effects of Trump Policies: Meeting Minutes

‘Almost all participants judged that upside risks to the inflation outlook had increased,’ the meeting summary states. Minutes from December’s policy meeting show that Federal Reserve officials expect inflation to continue moving toward the central bank’s 2 percent target. Still, officials believe the process could be slower amid upcoming changes to immigration and trade policies,