Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story GOP split on whether Trump should fire Powell Republican lawmakers are split over if President Trump should fire Federal Reserve Chair Jerome Powell, with some
Transportation Secretary Sean Duffy and Rep. Jerry Nadler (D-N.Y.) butted heads on Wednesday over the safety of the New York City subway system and the accuracy of crime data statistics. In testimony before the House Transportation and Infrastructure Committee, Duffy warned
Wednesday’s Hill Nation Summit was packed with lawmakers and major figures on both sides of the aisle, and made clear that President Trump has an iron grip on the Republican Party. Republican speakers were notably deferential to and confident in Trump, while Democrats
{beacon} Technology Technology The Big Story Crypto bills stall amid GOP infighting The House floor was locked at a standstill Wednesday afternoon as a diverse array of House Republicans sparred over a trio of crypto bills and Speaker Mike Johnson (R-La.) searched for
Sen. Tina Smith (D-Minn.) was hospitalized Wednesday, likely putting Democrats down a vote during the vote-a-rama on the rescissions package that is expected to last into the evening. Smith's staff revealed on social media that the 67-year-old senator felt unwell while at the
{beacon} Energy & Environment Energy & Environment The Big Story States sue Trump over axed resiliency program A coalition of 20 states on Wednesday sued the Trump administration over its decision to shut down a multibillion-dollar grant program aimed at strengthening
A group of 10 GOP senators penned a letter to the White House Office of Management and Budget (OMB) on Wednesday condemning a pause in funding for after-school and summer activities that has thrown schools and programs into chaos. The Republicans urged OMB Director Russell
Sen. John Fetterman (D-Pa.) said Wednesday he is “not on social media at all” after New York magazine reported in May that a former aide had said social platform X was often a focus of the senator. “I’m actually not on — I’m not on social media at all,” Fetterman said at a
Former Rep. Matt Gaetz (R-Fla.) and former House Speaker Kevin McCarthy (R-Calif.) are still feuding, with Gaetz telling McCarthy to "get help" after McCarthy joked that his life is better now that Gaetz is no longer in his life.
Republican lawmakers are split over whether President Trump should fire Federal Reserve Chair Jerome Powell, with some pushing him to nix the central bank head and others encouraging him to be patient. Trump indicated to some lawmakers that he plans to fire Powell during an
More than 900 former Justice Department attorneys are urging the Senate Judiciary Committee to reject the nomination of Emil Bove for a lifetime judicial appointment. Bove, who previously served on President Trump’s criminal defense team, is now in the No. 3 role at the
Elected representatives say they aren’t interested if their constituents are detained by federal immigration officials. On Capitol Hill Wednesday, South Carolina Representative Ralph Norman, Texas Representative Troy Nehls, and Alabama Senator Tommy Tuberville brushed off
A number of prominent political figures made news at the inaugural Hill Nation Summit on Wednesday, weighing in on the Federal Reserve, Democratic primaries, legislation moving through Congress, foreign policy and more. Lawmakers, Trump administration officials and advocates
The House floor was locked at a standstill Wednesday afternoon as a diverse array of House Republicans sparred over a trio of cryptocurrency bills and Speaker Mike Johnson (R-La.) searched for consensus to unfreeze the floor. A procedural vote to advance the three crypto
President Trump once again raised questions surrounding his mental acuity after he seemed to forget that he was the person who appointed Federal Reserve Chair Jerome Powell, while he was in the middle of admonishing Powell for not capitulating to his economic plan. “He’s a
Most Americans say President Trump isn’t prioritizing the most important issues facing the country, according to the latest CNN/SSRS poll. In the survey, conducted over the weekend, 63 percent of respondents said Trump hasn’t paid enough attention to today’s problems, compared
President Trump on Wednesday signed legislation aimed at cracking down on illegal fentanyl and toughening prison sentences for those who traffic the drug. Trump signed the Halt All Lethal Trafficking of Fentanyl Act at a White House ceremony, where he was joined by lawmakers
The latest campaign filings released this week are beginning to illustrate the contours of several highly watched Senate races while also raising questions about whether some members of Congress might seek retirement. Candidates were required to file their federal campaign
Looming federal funding cuts for PBS put in jeopardy some of the most-used educational videos and games shown to help children improve in literacy and other social skills. The cuts, part of a $9 billion rescissions package Republicans are poised to pass as soon as Wednesday
House Speaker Emerita Nancy Pelosi accused Republicans of being afraid to cross President Trump due to threats to their personal safety, and expressed surprise that Speaker Mike Johnson had seemingly disagreed with Trump.
A poll released Wednesday found that 64 percent of voters disapprove of the Trump administration’s decision to deport undocumented immigrants to countries other than their own. The study conducted by Quinnipiac University says 30 percent approve of the removal of undocumented
{beacon} PRESIDENT TRUMP went to war with some of his top allies Wednesday, saying he no longer wants their support if they continue to fixate on convicted sex offender Jeffrey Epstein. In a lengthy post on social media, Trump lashed out at "my PAST supporters” who he said
Eliminating obsolete or unsafe dams could help bolster community safety amid climate-induced weather extremes, watershed experts are recommending. Storms and floods have intensified in both frequency and severity, since the construction of the dams — many of which are now in a
Most American voters said they would not consider joining an Elon Musk-founded third party, according to a new poll. When asked in the Quinnipiac University poll if they would “consider joining a third party, if Elon Musk created it, as an alternative to the Republican and
Sen. Adam Schiff (D-Calif.) asked Attorney General Pam Bondi for her rationale in firing the Justice Department’s top ethics attorney, asking for details on who will provide ethics guidance to the department. Bondi fired Joseph Tirrell, director of the Departmental Ethics
Right-wing activist Laura Loomer, a longtime ally of President Trump’s, said in a new interview she’s concerned the federal government’s handling of the Jeffrey Epstein case could threaten to “consume” the president’s second term. In an interview Wednesday with Politico, Loomer
Donald Trump's recent tariff on Brazil is a political gesture aimed at supporting former Brazilian President Jair Bolsonaro's cause, despite Brazil's large trade surplus with the United States and the costs that will be borne by American consumers and exporters.
The Department of Homeland Security used a painting to evoke themes of xenophobia, white supremacy, and a glorification of Manifest Destiny—all without seeking the approval of Morgan Weistling, the artist who painted it. On Monday, the DHS posted Weistling’s painting with an
Maine Family Planning filed a lawsuit Wednesday against the Trump administration seeking to restore Medicaid funding that is set to be stripped under the president’s sweeping tax and spending package. A provision in the law bans health care providers that perform abortions
Rep. Byron Donalds (R-Fla.) said he is “not there yet” regarding the potential firing of Federal Reserve Chair Jerome Powell, after President Trump indicated he was considering it. He instead called on Congress to enact spending cuts. “I’m not there yet, but I’ll tell you that
Sen. John Cornyn (R-Texas) said President Trump has told him he is not ready to endorse in his contentious GOP Senate primary against Texas Attorney General Ken Paxton (R). “I’ve talked to him about it a number of times. He is not ready to make that endorsement,” Cornyn told
The children, ranging in age from two months to 13 years old, have been taken into protective custody.
They’re not asking for an easy life: They’re asking for an easier one.
Republican support is rolling in for a new legislative push in the House to direct the Department of Justice (DOJ) to release more files on the late convicted sex offender Jeffrey Epstein, despite President Trump’s urging to drop the matter. Rep. Thomas Massie (R-Ky.), who is
Former Rep. Abigail Spanberger (D-Va.) holds a double-digit lead over Virginia Lt. Gov. Winsome Earle-Sears (R) in the state’s gubernatorial race, according to a poll released on Wednesday. The survey, conducted by the Wilder School of Government and Public Affairs at Virginia
Amid reports that President Trump may attempt to fire the head of the Federal Reserve, Speaker Mike Johnson (R-La.) said Wednesday that it’s unclear if the president has the power to do it. “Can the president fire Jerome Powell? I’m really not sure,” Johnson, a former
The Democratic Women’s Caucus is demanding an investigation into the treatment of women in U.S. Immigration and Customs Enforcement (ICE) custody, accusing the Trump administration of “medical neglect” in cases that include the loss of one woman’s unborn child. The Trump
The president would apparently rather disparage his base than release the case files pertaining to child sex trafficker Jeffrey Epstein. Speaking with reporters at the White House Wednesday, Trump said that he had “lost a lot of faith” in his supporters, calling the controversy
Democratic leaders must offer a viable vision for American education that speaks to the urgent needs of working-class parents, rather than allowing President Trump to claim Education Independence Day.
Former Speaker Kevin McCarthy (R-Calif.) opened his remarks Wednesday at the Hill Nation Summit by saying that postcongressional life was “fabulous. We don’t have Matt Gaetz anymore.” The remark from McCarthy, who has had a long-running feud with former Rep. Matt Gaetz
A new poll found that 63% of voters disapprove of the Trump administration's handling of the Epstein investigation, with Democrats and independents leading the disapproval and Republicans split.
President Trump will sign legislation Wednesday afternoon that aims to curb the illicit flow of fentanyl into the U.S. during a bill-signing ceremony. The bill — the Halt All Lethal Trafficking of Fentanyl Act or HALT Fentanyl Act — will reschedule the opioid as a Schedule I
Former Democratic National Committee (DNC) Vice Chair David Hogg said on Wednesday that he is willing to work with the committee despite his June departure, which he characterized as a "double standard." “There’s obviously disagreements that we have at the end of the day, but
Former President Obama and former first lady Michelle Obama pushed back on divorce rumors on Michelle's podcast with her brother, Craig Robinson. When the former president joined the “IMO with Michelle Obama and Craig Robinson” podcast episode that came out Wednesday, Robinson
Sen. Cory Booker has requested that Trump judicial nominee Emil Bove provide more details about his role in the DOJ's investigation into Jeffrey Epstein's sex trafficking case.