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Congress · 118th Congress

CBO: Debt limit to hit as soon as July, budget picture worsens

But Wrightson ICAP said there remains “tail risk” that Congress would need to act by early June given “Treasury’s financial position will be at a low ebb from June 6 to June 14” after Treasury’s debt issuance

Congress · 117th Congress

Inflation report triggers partisan jockeying

Consumers aren’t so sure, however, and the latest survey conducted by the Federal Reserve Bank of New York in mid-December showed a belief that prices will still be 6 percent higher a year from then

Policy · 117th Congress

Biden to stay with Powell as Fed chairman

. | President Joe Biden said Monday he plans to stick with Jerome Powell as Federal Reserve chair, supporting continuity in leadership as annual inflation topped 6 percent last month in the fastest increase

Policy · 116th Congress

Unions eye long term as pandemic weighs on members

“The bill protects the members and their families, but not only them — it covers all hospitality workers, from the Bellagio to the Motel 6,” Argüello-Kline said.