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Fed’s Bostic Made Multiple Trades in Blackout Period Before May 2022 FOMC Meeting
(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic made multiple trades leading up to the central bank’s meeting last May, revealing additional transgressions of the...
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Kevin McCarthy’s Deal With Republican Rebels Risks US Government Shutdown
(Bloomberg) -- A new budget-cutting deal House Speaker Kevin McCarthy struck with ultra-conservative rebels risks a standoff with President Joe Biden and congressional Democrats and a US...
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Saudi Arabia’s Golf Deal Puts Biden and PGA in Same Awkward Position
(Bloomberg) -- The PGA Tour and President Joe Biden have learned the same hard lesson in recent months: Saudi Arabia is too rich and consequential to shun.As a candidate for president, Biden...
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McCarthy’s Feud With Conservatives Over Debt Ceiling Risks Havoc on Spending Bills
(Bloomberg) -- For several weeks, House Speaker Kevin McCarthy couldn’t find a microphone he didn’t like. But, faced with a revolt on his right flank, the California Republican is suddenly...
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Yellen Says Debt Deal’s $21 Billion IRS Clawback Won’t Affect ‘Near-Term’ Plans
(Bloomberg) -- Treasury Secretary Janet Yellen said Congress’ clawback of more than a quarter of the funding previously approved for a rebuilding of the Internal Revenue Service won’t hinder...
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Rural Voters Seek Economic Plans From Democrats They Gave Up On
(Bloomberg) -- When Danny Patrick cast his ballot for former President Donald Trump, it was in part to spite the party that had once counted his West Virginia coal country vote as a...
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McCarthy ‘Blindsided’ as Hard-Liners’ Blockade Enters Second Day
(Bloomberg) -- A blockade against legislation by House Republican hard-liners dragged on for a second day Wednesday, underscoring a rift with House Speaker Kevin McCarthy following his...
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Gas Stove Debate Is Back as Republicans Seize on Issue With House Votes
(Bloomberg) -- House Republicans are taking aim at gas stoves, voting on a pair of bills starting Tuesday afternoon that would block regulation of the kitchen appliances that serve as a...
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Debt-Limit Deal Won’t Restrict US Ability to Fund Ukraine
(Bloomberg) -- The bipartisan deal to avert a debt default won’t constrain the Biden administration’s ability to provide more aid for Ukraine, a White House official said, as the US looks to...
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Republican Hard-Liners Threaten ‘Reckoning’ for Debt-Limit Deal
(Bloomberg) -- Hard-line Republican lawmakers threatened to exact revenge for a deal between the White House and House Speaker Kevin McCarthy to avert a catastrophic US debt default.“No...
