Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Powell pledges to stay at Fed while DOJ probe continues The Fed chief made clear Wednesday he's not going anywhere until the Justice Department ends its criminal case against him and the central bank. © Photo...
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The Republican-led House Oversight Committee subpoenaed the attorney general on Tuesday. The Justice Department called it "completely unnecessary."
French President Emmanuel Macron on Wednesday called for strikes in the U.S. and Israeli conflict against Iran on energy and water infrastructure to be stopped. “I have just spoken with the Emir of Qatar and President Trump following the strikes that hit gas production facilities in Iran and Qatar today,” Macron said in a post...
Senate Republicans on Wednesday defeated a Democratic-sponsored motion to advance a war powers resolution to halt President Trump’s military strikes against Iran, a conflict that has caused oil and gas prices to soar. The Senate voted 47-53 against discharging the resolution to rein in Trump’s authority from the Senate Foreign Relations Committee. Sen. Rand Paul (Ky.) was...
As conflict escalates in the Middle East, many have asked the question of who in power can declare war, the president or Congress? While the U.S. Constitution clearly states that Congress has the authority to declare war, decades of blurred lines have brought the question to the forefront once more. NBC News' Julie Tsirkin reports on what this means in today's political climate.