U.S. Attorney General Pam Bondi says the Department of Justice (DOJ) is on “high alert” following U.S. airstrikes on Iran’s nuclear program over the weekend. Rep. Tony Gonzales (R-Texas), during a House Appropriations Committee meeting on Monday, asked Bondi about the number of Iranian nationals who may have entered the United States illegally. Original News
Federal Reserve Chair Jerome Powell on June 24 told lawmakers on Capitol Hill that tariffs will likely raise inflation and weigh on the U.S. economy. Powell will deliver his semi-annual monetary policy to Congress this week, emphasizing that economic activity is robust, employment conditions are solid, and inflation remains slightly above the institution’s 2 percent
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
The House Oversight and Government Reform Subcommittee on Delivering on Government Efficiency holds a hearing titled “Locking in the DOGE Cuts: Ending Waste, Fraud, and Abuse for Good” at 10 a.m. ET on June 24. Witnesses: Matthew Dickerson, director of budget policy at the Economic Policy Innovation Center (EP… Original News Source Link – Epoch
The House Oversight and Government Reform Subcommittee on Delivering on Government Efficiency holds a hearing titled “Locking in the DOGE Cuts: Ending Waste, Fraud, and Abuse for Good” at 10 a.m. ET on June 24. Witnesses: Matthew Dickerson, director of budget policy at the Economic Policy Innovation Center (EP… Original News Source Link – Epoch
Odds of a July interest rate cut ticked up on June 23, as key Federal Reserve officials signaled support for a reduction next month. New CME FedWatch Tool data from June 23 suggest that the futures market projects a 21 percent chance of a quarter-point rate cut in July, up from 14 percent a week
The House Judiciary Committee holds a hearing at 10 a.m. ET on June 24, titled “Fiscal Accountability and Oversight of the Federal Courts,” to examine budgetary and administrative practices within the judiciary. Witnesses include Circuit Judge and Budget Committee Chair of the Judicial Conference of the United States Amy St. Ev… Original News Source Link