Congress · 119th Congress
Trump heads into State of the Union after list of recent setbacks
↵↵Trump had falsely boasted during an interview with NBC News on Feb. 4 that the growth rate was approaching 6 percent. "I'm very proud of it: 5.6 percent.
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Congress · 119th Congress
Trump speech expected to be heavy on politics, lower on policy
↵↵The speech will likely include references to the Supreme Court's bombshell 6-3 ruling Friday striking down his claimed authority to implement sweeping tariffs.
Congress · 119th Congress
Supreme Court sounds open to presidential firing of agency officials
↵↵The 6-3 conservative-controlled court heard oral arguments Monday as the U.S. government seeks to overturn a lower court decision reinstating FTC Commissioner Rebecca Slaughter after Trump fired her
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
Biden administration tries to get ahead of red-hot inflation report
food and energy prices, has already shown signs of easing, they said, and is now running at an annualized rate of 4.2 percent this quarter, down from 4.5 percent in the first quarter of this year and 6
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
White House · 117th Congress
Biden OK with $300 unemployment supplement expiring
coronavirus relief law extended the pandemic unemployment assistance program — initially enacted in spring of 2020 to supplement state benefits for workers who lost their jobs due to COVID-19 — to Sept. 6.