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Congress · 117th Congress

Democrats press Powell on jobs; GOP wants inflation fix

“None of the Fed’s pandemic actions came without a cost,” Toomey said. “This negative-real interest rate environment continues to distort markets, risk asset bubbles and punish savers.

Policy · 117th Congress

Demand for spectrum pits FCC against other agencies

On the airline side, a unified front of airline employee unions, the FAA and the airline industry argued that without appropriate mitigations, using spectrum so close to what airlines use poses a

Congress · 117th Congress

Congress extends deadline to replace Pentagon oversight reports

accompanying its version of the NDAA, which never passed the Senate because of an unrelated dispute over amendments, reveals that senators back the new system but do not want to jettison the current one without

Policy · 117th Congress

Senators scrutinize shady third-party data brokers

Should we allow a list of military personnel to be sold to foreign adversaries? Should we allow a list of domestic abuse survivors to be sold to domestic abusers?”

Congress · 117th Congress

House leaders reject tying debt limit to defense bill

GOP leaders have argued that since Democrats have used the reconciliation process to enact spending without Republican votes, they should use the same process to increase the debt limit on their

Congress · 117th Congress

Senate ‘SALT’ consensus elusive as budget bill vote approaches

Senate Democrats are at an impasse on how to address the current $10,000 cap on deducting state and local taxes, leaving a meeting Tuesday without consensus on how to handle the issue in their $2.2 trillion

Congress · 117th Congress

Democrats pitch parliamentarian on immigration relief

So it is far less than we wanted, much better than the status quo and, in our view, should enable the parliamentarian to get to yes,” said Frank Sharry, executive director of the immigrant advocacy group

Congress · 117th Congress

Abortion case tests Supreme Court’s rightward shift after Trump

Mississippi’s attorney general, Lynn Fitch, wrote an op-ed in The Washington Post on Monday in which she said that justices should return the work of abortion laws to elected state officials and

Policy · 117th Congress

Federal Insurance Office urged to push climate risk disclosure

Without such efforts, some investment advisers fear that regulators will lack the information needed to formulate and implement policies that would shield policyholders from skyrocketing claims due