As Kevin Warsh leads his first policy meeting as Federal Reserve chairman this week, he is not getting the luxury of starting the job in "easy" mode. The big picture: He faces a renewed surge of inflation, a restive wing of monetary hawks on the policy committee and big questions around how he will operationalize the major changes he advocates in how the Fed works. - Even if the policy outcome — no change to rates — looks preordained, the messaging would be tricky in any circumstance. - Coming as the first substantive public communications as Fed chairman adds to the possibility for confusion, as Warsh finds his sea legs in the press conference format and markets learn how to interpret his words. State of play: Even putting aside the…
As Kevin Warsh leads his first policy meeting as Federal Reserve chairman this week, he is not getting the luxury of starting the job in "easy" mode. The big picture: He faces a renewed surge of inflation, a restive wing of monetary hawks on the policy committee and big questions around how he will operationalize the major changes he advocates in how the Fed works. - Even if the policy outcome — no change to rates — looks preordained, the messaging would be tricky in any circumstance. - Coming as the first substantive public communications as Fed chairman adds to the possibility for confusion, as Warsh finds his sea legs in the press conference format and markets learn how to interpret his words. State of play: Even putting aside the…Open
House Democrats are seething over what is, by all indications, a nationwide Republican effort to elevate Democratic primary candidates viewed as more beatable in November. Why it matters: This once-rare practice is becoming commonplace. Democrats did it in 2022 and 2024 , with one House Democrat telling Axios it "seems like the new normal." - Republican former Rep. Adam Kinzinger told Axios that GOP spending in Democratic primaries is "awful" but was "inevitable" after Democrats adopted the tactic in the Biden years. - Democrats, he said, "probably ... taught the Republicans a lesson" in how to meddle in the opposing party's primaries. Driving the news: A trio of obscure super PACs with progressive-sounding names have cropped up in…
House Democrats are seething over what is, by all indications, a nationwide Republican effort to elevate Democratic primary candidates viewed as more beatable in November. Why it matters: This once-rare practice is becoming commonplace. Democrats did it in 2022 and 2024 , with one House Democrat telling Axios it "seems like the new normal." - Republican former Rep. Adam Kinzinger told Axios that GOP spending in Democratic primaries is "awful" but was "inevitable" after Democrats adopted the tactic in the Biden years. - Democrats, he said, "probably ... taught the Republicans a lesson" in how to meddle in the opposing party's primaries. Driving the news: A trio of obscure super PACs with progressive-sounding names have cropped up in…Open
The New York Knicks' victory parade is Thursday. But after reports of vandalism and stabbings following Saturday's championship win, attention is already turning to security. How will the NYPD handle the crowds? Here's what we know so far.
On "Batya!" host Batya Ungar-Sargon examines the week's most newsworthy topics with a wide range of newsmakers, prominent politicians, and media personalities. NewsNation is your source for fact-based, unbiased news for all Americans.
The Army will cut thousands of permanent change of station relocations this year in a move aimed at providing more stability to families and unit formations.
The 16-year-old suspect was ordered to report to the federal courthouse in Tampa earlier Monday morning, where his family would deliver him to the U.S. Marshals' custody.
A rift in Montana between the Democratic nominee and an independent candidate could boost Republican hopes of holding on to an open seat in conservative territory.
Sunday's plane crash ripped a hole in the close-knit community of skydivers in the Midwest: adventure-seekers who bonded over the adrenaline they get with every jump.
Speaker Mike Johnson’s (R-La.) call for Republicans to act on Social Security reform if they keep control of Congress in 2027 is getting pushback from Senate Republicans who warn it’s a bad political message heading into November. Yet, a trustees’ report that the popular retirement program will become insolvent sooner than expected has lit a fire under lawmakers in both parties to call for reforms such as raising the cap on payroll taxes, “means testing” beneficiaries, raising the retirement age, and creating personal accounts to invest in the stock markets. Read more: https://thehill.com/homenews/senate/5922483-johnson-social-security-republicans/ #SocialSecurity #MikeJohnson #Senate #SenateRepublicans #Republicans #GOP
