Federal Reserve officials regarded the U.S. economy’s outlook as particularly uncertain last month, according to minutes released Wednesday, and said they would “proceed carefully” in deciding whether to further raise their benchmark interest rate.
Donald Trump obtained hundreds of millions of dollars in loans using financial statements that a court has since deemed fraudulent, a retired bank official testified Wednesday at the former president’s New York civil fraud trial.
Over five years, the largest U.S. city on the Mexican border developed a well-oiled system to shelter asylum-seekers. That system is being tested like never before as U.S. Customs and Border Protection releases migrants to the streets of California’s second-largest city because shelters are full.
Republicans nominated Rep. Steve Scalise on Wednesday to be the next House speaker but struggled to quickly unite their deeply divided majority and elect the conservative in a public floor vote after the historic ousting of Rep. Kevin McCarthy from the job.
Federal prosecutors on Tuesday urged the judge overseeing Donald Trump’s election interference case in Washington to take steps to protect the identity of prospective jurors, citing the former president’s “continued use of social media as a weapon of intimidation in court proceedings.”