With inflation no longer at the peak seen during Biden’s presidency, Trump has ramped up pressure on the Fed chair to lower rates. Federal Reserve Chair Jerome Powell told lawmakers on Capitol Hill on Wednesday that the president’s calls for lower interest rates will not influence the central bank’s decisions, reiterating that Fed policymakers remain
Boston — A federal judge in Massachusetts allowed the Trump administration’s bid to offer “deferred resignations” to federal workers who voluntarily leave government service to continue and lifted a previous court order pausing the program’s deadline. Judge George O’Toole, in the U.S. District Court for the District of Massachusetts, ruled Wednesday that the plaintiffs in
Federal consumer agency tells the Free Beacon it is ‘out of the gas-stoves-banning business’ Trump (Andrew Harnik/Getty Images), gas stove (Tim Boyle/Getty Images), Biden (Chip Somodevilla/Getty Images) The Consumer Product Safety Commission is formally ending a review that it initiated during the Biden administration to assess the potential health risks posed by gas-powered stovetops. In
Days after President Donald Trump’s National Institutes of Health moved to cap government funding for so-called indirect research costs—that is, money tacked on to a research grant that universities use to fund administrative salaries and other expenses—Harvard Medical School sent concerned students and faculty a message encouraging them to “take advantage” of the school’s “Countway
‘They show up late. They drink too much,’ Blake Gendebien said of local workers New York Democratic congressional candidate Blake Gendebien (Facebook) The New York Democrat vying to fill Rep. Elise Stefanik’s (R.) seat successfully pushed the Library of Congress to remove a damning interview calling his would-be constituents lazy alcoholics who couldn’t replace his
Can a penny saved finally be truly worth it? Collectors are asking that question this week after President Trump ordered the U.S. Treasury Department to stop minting the penny. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Mr. Trump wrote in a
Pam Bondi warned other states they could face lawsuits if they didn’t comply with federal law. WASHINGTON—Attorney General Pam Bondi announced on Feb. 12 that the Department of Justice (DOJ) has filed a lawsuit against New York officials, saying the state had chosen to prioritize illegal immigrants over U.S. citizens. “If you don’t comply with