Appearing before the Senate Banking Committee on June 25 for a second day of his semi-annual monetary policy report to Congress, Federal Reserve Chair Jerome Powell faced criticism from GOP lawmakers over the central bank’s failure to lower interest rates. Repeating his position from the House Financial Services Committee hearing the day before, Powell told
Top Justice Department official Emil Bove, who has been nominated for the federal appeals bench, testified before the Senate Wednesday that he never told department attorneys to ignore court orders, denying the account of a whistleblower. Bove, a former criminal defense attorney who represented President Trump, rejected suggestions by Democrats that the claims of
Washington — Senate Minority Leader Chuck Schumer was taken to the hospital and treated for dehydration on Wednesday “out of an abundance of caution,” a spokesperson for his office said. The New York Democrat, 74, was at the Senate gym in Washington while an extreme heat advisory was in effect. “Leader Schumer was at the
A new report from the National Taxpayer Advocate shows the IRS has lost more than a quarter of its workforce since President Donald Trump assumed office. The overhaul is consistent with the administration’s effort to slim down the federal government, but it raises questions about the agency’s readiness for the 2026 tax season. Original News
The U.S. Senate Appropriations Committee holds a hearing at 2:30 p.m. ET on June 25 to review President Donald Trump’s special message of June 3, 2025. Witnesses: Panel I Sen. Eric S. Schmitt (R-Miss.) Sen. Brian E. Schatz (D-Hawaii) Panel II The Honorable Russell T. Vought Director, Office of Management and Budget Original News Source
The U.S. Senate Appropriations Committee holds a hearing at 2:30 p.m. ET on June 25 to review President Donald Trump’s special message of June 3, 2025. Witnesses: Panel I Sen. Eric S. Schmitt (R-Miss.) Sen. Brian E. Schatz (D-Hawaii) Panel II The Honorable Russell T. Vought Director, Office of Management and Budget Original News Source
The U.S. Department of Education has found California in violation of federal anti-discrimination laws for allowing male athletes to compete in women’s sports. The finding on June 25 follows investigations launched earlier this year into both the California Interscholastic Federation (CIF), which is the governing body for high school sports in the state, and the