Tim Scott keeps quiet as Fed independence comes under threat
The Senate Banking chair has not weighed in as a hearing he led with Jerome Powell comes under DOJ scrutiny.
The Senate Banking chair has not weighed in as a hearing he led with Jerome Powell comes under DOJ scrutiny.
Click in for more news from The Hill {beacon} View Online Health Care Health Care The Big Story Federal judge orders HHS to restore American Academy of Pediatrics funding Over the weekend, a federal judge ordered the Trump administration to restore $12 million in funding to
{beacon} Energy & Environment Energy & Environment The Big Story Trump may exclude Exxon from Venezuela deal President Trump said on Sunday that he is inclined to keep oil giant ExxonMobil out of deals regarding Venezuela following the CEO’s skeptical response to future
The Senate voted overwhelmingly on Monday to advance a minibus appropriations package, taking a step toward funding another swath of government before the Jan. 30 deadline to prevent a partial government shutdown. The Senate voted 80 to 13 Monday evening to advance the package,
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Republican senators pan DOJ probe into Fed Senate Republicans are rushing to defend Federal Reserve Chair Jerome Powell from a Department of Justice (DOJ)
The Trump administration is telling U.S. citizens to exit Iran immediately in the wake of unrest in the country. A security alert by the virtual U.S. Embassy for Iran advises American citizens to “leave Iran now” and “have a plan for departing Iran that does not rely on U.S.
President Trump’s top national security officials are set to brief him Tuesday with options for the U.S. to respond to the Iranian regime’s deadly use of force against protests sweeping the country. Trump has threatened military intervention and said he is looking at “strong
A federal judge on Monday temporarily allowed an offshore wind farm to keep building after yet another attempt by the Trump administration to halt it. Judge Royce Lamberth, a Reagan appointee, issued a preliminary injunction halting a stop-work order the Trump administration
{beacon} Technology Technology The Big Story Meta names Dina Powell McCormick president The parent company of Facebook and Instagram announced Monday that it has tapped former Trump adviser Dina Powell McCormick to serve as president and vice chair. © AP Photo/Evan Vucci
A federal court is ordering the Trump administration to reinstate funding for seven green projects after they alleged they were treated unfairly because they were mostly located in blue states. D.C. District Judge Amit Mehta ruled that the Trump administration’s move to cancel
On October 23, I predicted that a stock market crash was imminent, but we didn’t even get a bear market. The S&P 500 has risen 3.4 percent since I published that story, and it closed out 2025 up 16 percent for the year. For the record, I still believe a severe correction is
Senate Republicans are rushing to defend Federal Reserve Chair Jerome Powell from a Department of Justice (DOJ) criminal investigation that Powell says is politically motivated and aimed at undercutting the Fed's independence. GOP lawmakers are challenging the Trump
Sen. Chuck Grassley (R-Iowa) on Monday released the findings of his investigation into UnitedHealth Group's (UHG) Medicare Advantage billing practices, alleging the health insurer used "aggressive strategies" to maximize risk adjustment scores and worked against federal efforts
A former congressional staffer was arrested Friday and charged with stealing roughly 240 government cell phones, U.S. Attorney for D.C. Jeanine Pirro announced Monday. The former staffer, 43-year-old Christopher Southerland, was a system administrator for the House
White House press secretary Karoline Leavitt can’t understand why the country is up in arms over the ICE-induced violence taking place in Minneapolis. “It’s striking that all weekend you had agitators and violent citizens in the streets of Minneapolis protesting—protesting
The board has a Democratic majority after GOP lawmakers failed to make an appointment.
Alpha News, the conservative blog that got first access to Jonathan Ross’s cell phone footage of him killing Renee Good, boosted a fundraiser for the ICE agent that describes the deceased as a “stupod bitch that got what she deserved.” It seems that in exchange for the
A bipartisan group of lawmakers will travel to Denmark in the wake of a recent push by President Trump to acquire Greenland, which is a Danish territory. The group includes Sens. Chris Coons (D-Del.), Lisa Murkowski (R-Alaska), Thom Tillis (R-N.C.), Dick Durbin (D-Ill.) and
About 6 in 10 U.S. voters said technology companies have too much influence in Washington, according to new polling from the Tech Oversight Project and Morning Consult released Monday. Another 54 percent of survey respondents agreed with the statement that the Trump
President Trump threatened to impose a 25 percent tariff on countries doing business with Iran on Monday in response to a violence crackdown by Tehran on growing anti-government protests. “Effective immediately, any Country doing business with the Islamic Republic of Iran will
Defense Secretary Pete Hegseth will speak Monday evening during a trip to Texas where he will visit SpaceX and Lockheed Martin facilities. SpaceX founder Elon Musk will join Hegseth during the secretary's remarks. Watch the Hegseth speech, scheduled to begin at 6:30 p.m. EST,
The Supreme Court in the coming days is set to fill out its remaining docket for the term. Behind closed doors Friday, the justices are set to weigh roughly 200 petitions to take up new cases, including ones that implicate parental rights, the energy industry, guns, Roundup
Minnesota state and city officials have sued the Trump administration to block the statewide surge of federal immigration enforcement agents in the wake of a woman’s fatal shooting by a federal officer last week. Minnesota Attorney General Keith Ellison said at a press
The Department of Homeland Security (DHS) is investing $115 million in counterdrone technologies for the FIFA Men’s World Cup and events celebrating 250 years of U.S. independence. DHS said in a Monday release it is also launching an office focused on purchasing and deploying
The Department of Justice (DOJ) has launched a probe into the Federal Reserve’s renovation of its headquarters, a move that comes amid a battle between President Trump and Fed Chair Jerome Powell. In an on-camera statement Sunday, Powell said the probe is not about the
Senate Majority Leader John Thune (R-S.D.) warned on Monday that the Department of Justice’s criminal investigation of Federal Reserve Chair Jerome Powell better be “real” and “serious” to avoid undermining the independence of the central bank and rattling the world’s financial
Venezuela’s new leader faces a perilous path as she seeks to respond to lofty demands from the Trump administration without falling out of favor with her predecessor's longtime enforcers, who wield sprawling influence over the country's military, security forces and economy.
Rep. Randy Fine (R-Fla.) has introduced a bill to make Greenland the 51st state in the U.S., following President Trump’s recent push to acquire the Danish territory. The “Greenland Annexation and Statehood Act” was introduced by the Florida Republican on Monday, his office said
Sen. Elizabeth Warren (D-Mass.) warned Democrats on Monday against moderating their economic agenda to cater to the demands of wealthy donors ahead of the 2026 and 2028 election cycles. Instead, Warren said during a speech at the National Press Club, Democrats should embrace
Sen. Elizabeth Warren (D-Mass.) said Monday that President Trump called her after she criticized his policies on affordability in a speech at the National Press Club in Washington. “This morning, I gave a speech noting how Donald Trump is driving up costs for families, sowing
The Supreme Court could undo the president’s “Liberation Day” tariffs in as few as two days—and Donald Trump is not taking the countdown well. The nation’s highest judiciary did not issue its tariff ruling last week, as it widely had been expected to do. That surprised markets,
Minneapolis Attorney General Keith Ellison, Minneapolis Mayor Jacob Frey and Saint Paul Mayor Kaohly Her on Monday afternoon will discuss the deployment of federal immigration agents to the state and Twin cities. The news conference comes after Homeland Security Secretary
Tax season officially begins on Monday, Jan. 26, when the IRS starts accepting and processing 2025 federal tax returns.
Speaker Mike Johnson (R-La.) denied that the Department of Justice is being “weaponized” to help pursue President Trump’s policy goals as it opens a criminal probe into Federal Reserve Chair Jerome Powell. “No, the Justice Department is not being weaponized,” Johnson told
Rep. Jim Baird (R-Ind.) said Monday his wife is now also out of the hospital following a car accident last week. “My wife and I are both out of the hospital and continuing to recover. I am deeply grateful for all of the kind words and the outpouring of prayers and support my
Sen. Elizabeth Warren (D-Mass.) on Monday ripped her old colleague, former Arizona Sen. Kyrsten Sinema (D-Ariz.), for “cashing in” by representing crypto, artificial intelligence (AI) and other wealthy corporate interests since leaving the Senate at the beginning of 2025.
The Department of Justice has fired the top prosecutor who refused to take up the mantle of President Donald Trump’s revenge case against James Comey. Robert McBride, who had been serving as a top deputy at the U.S. attorney’s office in the Eastern District of Virginia under
Apple will use Google’s Gemini AI models to power its Apple Intelligence features, including an updated version of Siri, the companies announced Monday. “Apple and Google have entered into a multi-year collaboration under which the next generation of Apple Foundation Models
White House press secretary Karoline Leavitt said on Monday that President Trump was considering strike options against Iran in the wake of the regime’s move to crack down on protesters. “I think one thing President Trump is very good at is always keeping all of his options on
White House press secretary Karoline Leavitt said on Monday that there is no "timeline" for the U.S. to acquire Greenland, but she said it was a “priority.” “[President Trump] has not set a timeline but it’s definitely a priority for him,” Leavitt told reporters at the White
Rep. French Hill (R-Ark.), chairman of the House Financial Services Committee, on Monday became the latest Republican in Congress to speak out against the criminal investigation into Federal Reserve Chair Jerome Powell. In a statement Monday, Hill called the Justice Department
Senator Mark Kelly has decided enough is enough with Secretary of Defense Pete Hegseth and filed a lawsuit against him in federal court Monday. Kelly sued Hegseth, the Defense Department, Secretary of the Navy John Phelan, and the U.S. Department of the Navy over Hegseth’s
Sen. Mark Kelly (D-Ariz.) filed a lawsuit against Defense Secretary Pete Hegseth on Monday over efforts to censure the senator and lower his retirement rank after he participated in a video calling on service members to reject unlawful orders. Kelly argues the Pentagon’s bid
Sen. John Cornyn's (R-Texas) campaign announced on Monday that the senator had hauled in more than $7 million between October and December of 2025 as the senior Texas senator fends off two Republicans in a contested primary. Cornyn’s campaign said the funding burst over the
House Administration Committee Chair Bryan Steil (R-Wis.) introduced a bill Monday that would allow members of Congress to hold onto stocks they already own but ban them from buying new ones. The bill, dubbed the Stop Insider Trading Act, prevents lawmakers, their spouses and
President Trump has signed an executive order to protect American workers and retirees from proxy advisors who prioritize political agendas over financial returns.