Powell: ‘Soft’ economic landing may be out of Fed’s control
Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second term earlier in the day, acknowledged for the first time Thursday that high inflation and economic weakness overseas could thwart his efforts to avoid causing a recession.
Judge: Trump must pay $110K, meet conditions to end contempt
A New York judge said Wednesday he will lift Donald Trump’s contempt of court order if the former president meets conditions including paying $110,000 in fines he’s racked up for being slow to respond to a civil subpoena issued by the state’s attorney general.
Biden pushes ‘ultra-MAGA’ label on GOP as he defends record
President Joe Biden on Tuesday warned voters unhappy with soaring inflation and his stalled domestic agenda against turning power over to “ultra-MAGA” Republicans in the midterm elections as he increasingly tries to cast former President Donald Trump and his adherents as a political foil.
Political reality: Congress can’t save — or end — abortion
Fighting for decades over abortion policy, Congress is about to run into the stark political limits of its ability to save — or end — the Roe v. Wade protections.
Biden signs Ukraine bill, seeks $40B aid, in Putin rejoinder
Washington sought to portray a united front against Russia’s invasion of Ukraine as President Joe Biden signed a bipartisan measure to reboot the World War II-era “lend-lease” program, which helped defeat Nazi Germany, to bolster Kyiv and Eastern European allies.
