President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a prolonged odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that officially began last summer but started much earlier than that, with Trump launching a fusillade of criticism against the Powell-led … Read more
U.S. Senate Majority Leader John Thune, R-S.D., is followed by reporters as he walks to the Senate Chambers in the U.S. Capitol in Washington, Jan. 27, 2026. Anna Moneymaker | Getty Images Republican senators appear to be opening the door to preventing a partial government shutdown as the chamber prepares to start voting on a … Read more
The U.S. Capitol in Washington, Dec. 8, 2025. Graeme Sloan | Bloomberg | Getty Images The first vetoes of President Donald Trump’s second term survived separate override votes by the House of Representatives on Thursday. The outcome was a surprise, since both bills that Trump had vetoed were passed in unanimous voice votes by the … Read more
Federal Communications Commission Chairman Brendan Carr told a Senate committee on Wednesday that his agency is “not formally … independent.” Shortly after Carr made that statement, the FCC apparently removed the word “independent” in a description of the agency’s work on its website. Carr’s appearance before the Senate Commerce, Science and Transportation Committee was his first … Read more
US Senate Majority Leader John Thune, Republican from South Dakota, speaks with reporters outside his office on day 41 of the federal government shutdown, at the US Capitol in Washington, DC, November 10, 2025. Saul Loeb | Afp | Getty Images A bill forcing the Department of Justice to release its files on sex offender … Read more
The U.S. Capitol is shown up North Capitol Street on Nov. 6, 2025 in Washington, DC. Eric Lee | Getty Images The Senate late Sunday night passed the first stage of a deal that would end the U.S. government shutdown, which began on Oct. 1. The procedural measure that allows other votes essential to the … Read more