The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point Wednesday, easing monetary policy for the second time this year. The cut, which was widely expected, reduces the ...

President Trump said Thursday night that he is abruptly ending trade talks with Canada because of a video advertisement, paid for by the province of Ontario, that shows former President Ronald Reagan ...

The ongoing government shutdown is now the third-longest in modern U.S. history, topped only by a 35-day funding lapse in late 2018 and early 2019 and a 21-day fight in 1995 — and this shutdown, now ...

President Trump is pressing ahead in his effort to fire Federal Reserve Governor Lisa Cook, despite the emergence of documents calling into question his claim that Cook committed mortgage fraud and is ...

Happy Tuesday! President Donald Trump told CNBC today that he has narrowed down his list of potential successors to Federal Reserve Chair Jerome Powell to four candidates, including Kevin Hassett, ...

Despite intense pressure from President Trump to cut interest rates, Federal Reserve policymakers are expected to keep rates unchanged when they conclude a two-day meeting tomorrow. But Fed officials ...

Speaker Mike Johnson announced Tuesday that the House will be starting its summer break one day earlier than planned after legislative action in the chamber ground to a halt as Republican leaders ...

Happy Monday! Politico's Brian Faler noted today that tax experts are struggling with an issue that has at times bedeviled us, too: Just how to refer to the recently passed Republican tax cut law. "In ...

The House narrowly passed a $9 billion package of DOGE spending cuts just after midnight on Friday, approving a White House request to cancel money that Congress had previously provided for foreign ...

Although the ink is barely dry on the massive tax and spending package that will add more than $4 trillion to the national debt over the next decade, some Republicans are calling for another major tax ...

Happy July 1, or as it's known to some here in New York, Bobby Bonilla Day. In Washington, D.C, President Donald Trump's signature policy bill squeaked through the Senate by the slimmest of margins ...

A new analysis of the Republican megabill currently under consideration in the Senate finds that it could be much less costly than previously estimated — as long as you’re willing to ignore the cost ...