Headlines

Trump gets his new Fed chief

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Kevin Warsh confirmed as Federal Reserve chair The Senate on Wednesday voted to confirm Kevin Warsh to succeed Jerome Powell as the next chairman of the Federal

Time running out for Senate crypto deal

{beacon} Technology Technology The Big Story Senate crypto talks go down to the wire before key test Senators are racing to reach an agreement on a cryptocurrency regulation bill before it faces a key hurdle in the upper chamber. © Greg Nash The Senate Banking Committee is

Republicans Aren’t Done Stealing Democratic Seats

Republicans in two more Southern states, South Carolina and Georgia, are moving ahead with plans to redraw their districts this year following the Supreme Court’s gutting of the Voting Rights Act in Louisiana v. Callais last month. South Carolina Governor Henry McMaster is

Mississippi governor cancels redistricting special session

Mississippi Gov. Tate Reeves (R) on Wednesday said he will cancel a special session to consider new voting maps for the state's three Supreme Court voting districts. Reeves announced the cancellation while on Supertalk Radio's "Mornings with Richard Cross." He said the decision

Vance deflects questions about Rubio, 2028

Vice President JD Vance brushed aside questions about his plans for 2028 and the possibility of him running on a joint presidential ticket with Secretary of State Marco Rubio during a Wednesday press conference. “There are few topics that I want to talk about less than what

Fighting Trump will make or break Disney’s new CEO

A week ago, newly appointed Disney CEO Josh D'Amaro was busy regaling investors with plans to turn Disney Plus into the company's "digital centerpiece." By last Friday, though, his attention had presumably shifted to a fight with the Trump administration over free speech.

Platner calls Collins's questioning of Hegseth 'spineless'

Maine Democratic Senate candidate Graham Platner went after Sen. Susan Collins (R-Maine) over her questioning of Defense Secretary Pete Hegseth during a hearing on Tuesday, calling her “spineless.” “Pete Hegseth went in front of an Appropriations subcommittee today. Susan

Kevin Warsh confirmed as Federal Reserve chair

The Senate on Wednesday voted to confirm Kevin Warsh to succeed Jerome Powell as the next chairman of the Federal Reserve, setting the stage for new leadership at the powerful central bank, which faces pivotal decisions ahead on monetary policy. Centrist Sen. John Fetterman

Trump Guts California’s Medicaid Over Alleged Fraud

The Trump administration plans to withhold $1.3 billion in Medicaid reimbursements from California, claiming that the state has not taken alleged fraud tied to its hospice and home health agencies “seriously.” “These fraudulent health care providers are getting rich by giving

US kids caught in 'reading recession' that predates COVID

Kids across the United States have been caught in the crosshairs of a “reading recession” that predated the COVID-19 pandemic and the virtual learning challenges it posed to students and parents alike, according to data released Wednesday by the Educational Opportunity Project

Fatal drug overdoses fall for third straight year: CDC

Newly released provisional data from the Centers for Disease Control and Prevention (CDC) shows that fatal drug overdoses fell in 2025, marking three consecutive years of declines. By December 2025, the number of reported drug overdose deaths in the U.S. fell by 14 percent to

Kash Patel Created a “Payback Squad” Just to Help Trump

The president’s retribution campaign is in full force inside the FBI. The FBI now has a team of special agents willing to pursue political targets identified by the Trump administration, NOTUS reported Wednesday. The unit is reportedly referred to internally as the “payback

ICE could target World Cup matches in US

U.S. Immigrations and Customs Enforcement (ICE) agents could target World Cup matches being held in the country this summer as part of President Trump's aggressive deportation agenda. The Department of Homeland Security (DHS) confirmed to The Hill on Wednesday that ICE officers

Secretary of the Interior Has No Idea How Solar Power Works

The secretary of the interior should presumably know how solar power generation works. On Wednesday, Doug Burgum showed that he does not. Burgum was testifying before the House Natural Resources Committee, and exposed himself under questioning from Democratic Representative

Watch: Vance gives remarks on Trump admin's crackdown on fraud

Vice President Vance, who is leading the Trump administration’s war on fraud, gave remarks Wednesday afternoon on the federal efforts — including tackling fraud in states' social service programs. President Trump said last month that Vance's role as fraud czar will “primarily”