President Joe Biden declared his support Thursday for the “historic” inflation-fighting agreement struck by Senate Majority Leader Chuck Schumer and holdout Democratic Sen. Joe Manchin, an expansive health care and climate change package that had eluded the White House and seemed all but lost.
Jerome Powell delivered a tough message at the start of a news conference Wednesday: Inflation is way too high, and the Federal Reserve is laser-focused on taming it with higher borrowing costs.
The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears to be sputtering, home sales are tumbling and economists warn of a potential recession ahead. But consumers are still spending, businesses keep posting profits and the economy keeps adding hundreds of thousands of jobs each month.
The Biden administration on Monday said the government will plant more than one billion trees across millions of acres of burned and dead woodlands in the U.S. West, as officials struggle to counter the increasing toll on the nation’s forests from wildfires, insects and other manifestations of climate change.
The Supreme Court won’t allow the Biden administration to implement a policy that prioritizes deportation of people in the country illegally who pose the greatest public safety risk.
On restoring access to abortion, President Joe Biden says his hands are tied without more Democratic senators. Declaring a public health emergency on the matter has downsides, his aides say. And as for gun violence, Biden has been clear about the limits of what he can do on his own.
President Joe Biden on Wednesday opened his first visit to the Mideast since taking office by offering anxious Israeli leaders strong reassurances of his determination to stop Iran’s growing nuclear program, saying he’d be willing to use force as a “last resort.”
Mexican President Andres Manuel López Obrador agreed to spend $1.5 billion to improve “smart” border technology during meetings Tuesday with President Joe Biden — a move the White House says shows neighborly cooperation succeeding where Trump administration vows to wall off the border and have Mexico pay for it could not.
President Joe Biden is hosting a “celebration” of a new bipartisan law meant to reduce gun violence that, after just 16 days in effect, already has been overshadowed by yet another mass shooting.
Attorneys hoping to save an Obama-era program that prevents the deportation of thousands of people brought into the U.S. as children told a federal appeals court Wednesday that ending the program would cruelly disrupt the lives of thousands who have grown up to become tax-paying, productive drivers of the U.S. economy.