Norbert Michel and Jerome Famularo On October 14, Fed Chair Jerome Powell delivered a speech about the Fed’s balance sheet, and to start, he joked that this topic is comparable “to a trip to the dentist, but that comparison may be unfair—to dentists.” As people who frequently write about this topic, we empathize. Hardly anyone cared about the Fed’s balance sheet prior ...
Millions of Americans who rely on federal food benefits could be among the next casualties of the ongoing government shutdown. Approximately 42 million people in the U.S. who use the Supplemental Nutrition Assistance Program (SNAP) are in danger of not receiving aid come Nov. 1, when the program’s funds are expected to run dry, the U.S. Department of Agriculture (USDA) ...
Democrats blocked a Republican-led attempt to provide essential government workers with paychecks amid an ongoing, 23-day shutdown, calling the bill overly selective and incomplete. That bill, proposed by Sens. Ron Johnson, R-Wis., and Todd Young, R-Ind., failed in a 54-45 vote, where 60 votes were needed to advance the bill over the threat of a filibuster. Only three Democrats, John ...
While New York City Democratic mayoral nominee Zohran Mamdani admitted he would rank his Republican opponent Curtis Sliwa second if the general election used ranked-choice voting, Sliwa said Mamdani is going to ‘regret ever knowing the name Curtis Sliwa’ if the socialist candidate is elected. After Mamdani admitted he would rank Sliwa second in the spin room following Wednesday’s debate, ...
Vice President JD Vance said it was an ‘amazing blessing’ Thursday to visit the Church of the Holy Sepulchre in Jerusalem, where Christians believe Jesus Christ was crucified, buried and resurrected. The visit came as Vance was visiting Israel to build upon the Trump administration’s ceasefire agreement between Israel and Hamas in the Gaza Strip. ‘I am immensely grateful to ...
U.S. travelers could soon start to feel the pain of the ongoing government shutdown, Transportation Secretary Sean Duffy warned on Thursday. Duffy joined House GOP leaders at their daily press conference on Day 23 of the shutdown to talk about the difficulties Congress’ fiscal standoff is putting on the nation’s air traffic controllers. The Trump Cabinet official said air traffic ...
With just a dozen days to go until Election Day, a new poll in one of the only two states in the nation holding showdowns for governor this year indicates Democrats with a single-digit lead at the top of the ticket, but tight margins in the races for lieutenant governor and attorney general. Democratic gubernatorial nominee and former Rep. Abigail ...
Romina Boccia and Tyler Turman Entering week four of the government shutdown, Democrats continue to demand a permanent extension of Obamacare’s enhanced premium tax credits (PTCs) as their price for reopening the government. These subsidies are a fiscal boondoggle that doles out taxpayer-funded health insurance to high-income earners. Congress should let these partisan and poorly targeted subsidies expire. A Partisan Handout Democrats ...
Benjamin Giltner Russia’s invasion of Ukraine has Europeans fearful for their own safety and security. To make matters more worrisome, the United States can no longer serve as the continent’s security guarantor. With its fiscal constraints, heightened domestic issues, and a rising China, Europe has dropped down in the pecking order of America’s priorities. Yet, the good news is that ...
President Donald Trump issued Israel’s Prime Minister Benjamin Netanyahu a stern warning Oct. 4, according to a new report. At that point, representatives from the Trump administration had hashed out an agreement with other mediators from countries including Qatar, Egypt and Turkey — just days before the two-year anniversary of the start of the war between Israel and Hamas. Trump ...