The U.S. Federal Reserve Board announced another increase to the federal funds rate Wednesday, raising the target range to 5.25 to 5.5%, the highest rate in 22 years.
The Fed Board also left the door open to another hike.
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The U.S. economy grew at a rate of 2.4% in the second quarter of 2023, according to gross domestic product (GDP) statistics released by the Bureau of Economic Analysis (BEA) on Thursday morning.
Real GDP increased by 2.0% in the first quarter of 2022 after being revised up from an initial estimate of 1.1%, according to the BEA. Economists expected the GDP would be around 2% in the second quarter of 2023, following high inflation and an interest rate increase from the Federal Reserve on Wednesday.
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Fox News Republicans and gun rights activists say the Biden administration unlawfully handed out federal funds to states that did not qualify under a program intended to promote so-called “red flag” laws. In 2022, Congress passed, and President Biden signed, the Bipartisan Safer Communities Act in response to mass shootings in Buffalo, New York,…
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TN Journal The U.S. Department of Justice announced it is launching an investigation into the Memphis Police Department’s use of force in traffic stops. The probe follows the death of motorist Tyre Nichols that led to the firing of seven police officers. READ THE FULL STORY …
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In the 11th episode of his newest production, “Tucker on Twitter,” former Fox News primetime host Tucker Carlson sat down with actor O’Shea Jackson, commonly known as Ice Cube, at his studio.
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Nashville Christian shooter Audrey Hale had handwritten words, numbers and drawings covering the clothing she wore as she killed six people at her former school in March, an autopsy report states.
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Colleges throughout the country are plotting new ways to weigh race in the admissions process after a Supreme Court ruling that blocked the use of affirmative action policies, according to the Wall Street Journal.
The Supreme Court ruled in June that Harvard University and the University of North Carolina’s use of affirmative action admissions policies was unconstitutional, halting the practice across higher education institutions. Colleges and universities are considering the use of essays and different potential student recruiting methods following the Supreme Court ruling, according to the WSJ.
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On Tuesday, the FBI handed over requested documents on its efforts to target Catholic Americans after another threat from Congress to hold Director Christopher Wray in contempt.
As reported by the New York Post, Congressman Jim Jordan (R-Ohio), Chairman of the House Judiciary Committee, had subpoenaed the files in question and threatened to hold Wray in contempt of Congress if the documents were not delivered by the deadline of July 25th.
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Republican county election clerks across the country are facing lawsuits and other consequences for their actions during the 2020 presidential elections – including what some clerks contend was their attempt only to preserve election data to prevent or expose fraud.
Stan Grot, a clerk in Michigans’s Shelby Township Clerk was notified Thursday by the state Bureau of Elections that he won’t be allowed to administer elections while facing charges by the state attorney general.
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Federalist Society Co-Chairman Leonard Leo, who served as an advisor in the selection process of former President Donald Trump’s Supreme Court appointees, has been targeted in his home town in Maine by what a prominent Catholic leader calls “anti-Catholic bigots” in the wake of recent rulings by the High Court.
Activists have been protesting at Leo’s home in Northeast Harbor, tying him to Supreme Court rulings with which they disagree.
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America First Legal Foundation sued the Biden administration Wednesday for allegedly concealing information regarding an FBI investigation into Department of Homeland Security (DHS) Secretary Alejandro Mayorkas, according to a copy of the complaint first obtained by the Daily Caller News Foundation.
The lawsuit against both the FBI and the Department of Justice (DOJ) asks that the agencies release the documents related to the Mayorkas probe, according to the complaint. The conservative group was previously denied a Freedom of Information Act (FOIA) request for the records regarding the FBI’s investigation into Mayorkas’ background.
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GOP lawmakers and other conservative critics are working to expose and fight a secretive executive order by President Biden to expand voter participation in elections, which they suspect has become a powerful government-wide complement to private left-wing election financing that could tip the 2024 campaign illegally and unfairly in Democrats’ favor.
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Democratic Virginia Sen. Tim Kaine joined Republican Sen. Susan Collins of Maine in reintroducing legislation that would increase funding opportunities for teacher and school administrator recruitment and training, as well as minority-serving colleges and universities.
The Preparing and Retaining Education Professionals Act, or PREP Act, was initially introduced in the Senate a couple of years ago as the PREP Act of 2021. Though touted as bipartisan, Collins is the only Republican cosponsor alongside seven Democrats.
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President Joe Biden has chosen the Air Force’s possible next top officer after tapping the current Air Force Chief of Staff to serve in the Joint Chiefs chairman’s role, the Congressional record shows.
The White House notified Congress of its intent to nominate Air Force Vice Chief of Staff Gen. David Allvin on Tuesday, the record shows, although Biden has yet to formally announce the nomination. If confirmed, Allvin would replace Gen. Charles Brown as the service’s highest-ranking military officer, but he faces hurdles amid the backlog of senior officers awaiting Senate confirmation due to a hold over a Department of Defense (DOD) abortion policy.
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As Ambassador Rahm Emanuel once said as chief of staff to President Barack Obama, “You never want a serious crisis to go to waste.” Hillary Clinton is taking this to heart, using summer temperatures to justify Democrats’ profligate spending on green energy in the Inflation Reduction Act.
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