House Passes Short-Term Spending Bill, But a Fight Brews in the Senate
James Arkin, Congressional Reporter for RealClearPolitics, discusses the impending government shutdown as the House passes a short-term resolution and a fight is brewing in the Senate.
Arkin weighs in on which party stands to lose the most in the midterm elections if the government does close at midnight Friday. He notes that based on history, it's very difficult to determine. Whether a short-term fix passes or the government shuts down completely, Arkin says it's important to remember that eventually lawmakers will have to agree on a long-term bill.
President Donald Trump's administration last month awarded a $1.2 billion contract to build and operate what's expected to become the nation’s largest immigration detention complex to a tiny Virginia firm with no experience running correction facilities.
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Federal Reserve Gov. Lisa Cook's lawyer says she'll sue President Donald Trump's administration to try to prevent him from firing her. Longtime Washington attorney Abbe Lowell said Tuesday that Trump “has no authority to remove” Cook. If Trump succeeds in removing Cook from the Fed's board of governors, it could erode the Fed’s political independence, which is considered critical to its ability to fight inflation because it enables the Fed to take unpopular steps like raising interest rates. The Republican president said Monday he was removing Cook because of allegations she committed mortgage fraud. Cook was appointed by Democratic President Joe Biden in 2022 and says she won't step down.
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Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments.
A new federal rule would make it easier for companies to use drones over longer distances out of sight of the operator without having to go through a cumbersome waiver process.
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