Affordability pain is real, but resilient consumers are still infusing money into the economy, Brian Moynihan , CEO of Bank of America, said at the Axios House News Shapers summit in Washington, D.C. Why it matters: The U.S. economy sits on a remarkably durable foundation , supporting consumer spending even with hot inflation. But at the same time, Americans tell pollsters economic conditions is at rock bottom, fueling a political reckoning over affordability. - "There's a say-do paradox," Moynihan said. "The question is, what are people actually doing?" Driving the news: Two things can be true, Moynihan explained to Axios' Mike Allen. - "Affordability is a real issue," he said. But he added, "what people are doing is still spending…
Acting attorney general Todd Blanche’s decision to grant President Trump protection from I.R.S. audits is set to be a central issue in his confirmation hearing on Wednesday.
Here is what we know about the sexual predator whose secrets spurred an international reckoning over money, power and complicity. Check back for updates.
Immigration and Customs Enforcement ordered its officers on Tuesday to halt most vehicle stops across the country after they shot two people over the past week.
The agency has been quietly hiring workers again, and its leadership is focused on improving technology to ease workloads left by the departure of about 7,800 staff members.
Dr. Erica Schwartz supports vaccines and is seen as a mainstream choice to lead an agency that has been a target of Health Secretary Robert F. Kennedy Jr.’s efforts to change federal immunization policies.
President Trump has urged Xi Jinping to release the scientist, Youlin Chen, the man’s family says. Dr. Chen studied the detection of North Korean nuclear tests.
President Donald Trump has endorsed MyPillow founder Mike Lindell for Minnesota governor, praising him as “one of America’s greatest and most hard working Patriots.”