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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 Reserve, setting the stage for new leadership at the...
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The Hill
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The Department of Justice on Wednesday said it filed a complaint against Washington’s attorney disciplinary system for allegedly unfairly targeting federal lawyers and improperly intruding into sensitive executive branch decision-making. The complaint, filed in federal court, targets the District of Columbia’s Bar disciplinary authorities, which oversee ethics investigations involving attorneys licensed in the nation’s capital. […]
Vice President JD Vance and House Speaker Mike Johnson (R-LA) on Wednesday brushed aside President Donald Trump‘s declaration that the “financial situation” of Americans was not a motivation for ending the Iran war. Both the vice president and House speaker faced questions about the president’s comment during two separate press events. “I don’t know the […]
Senate Republicans on Wednesday shot down more than a dozen Democratic-backed measures to undo the Trump administration’s dismantling of the Consumer Financial Protection Bureau (CFPB). Democrats forced votes on multiple resolutions targeting rules and regulatory changes made during President Trump’s second term, including CFPB’s policy on overdraft fees, credit report privacy and mortgage lending, among...
Political organizer Denise Powell defeated state Sen. John Cavanaugh on Tuesday night in Nebraska‘s high-profile Democratic primary in the race to replace retiring Rep. Don Bacon (R-NE). With roughly 90% of votes counted, Powell narrowly bested Cavanaugh with about 40% of the vote to Cavanaugh’s roughly 38%, according to the Associated Press. Powell is now […]
