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What Trump’s Win Means for the Federal Reserve and Jerome Powell
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?Business - The New York Times - November 7 -
What to know about the interest rate cut expected from the Federal Reserve
Another interest rate cut is expected to be announced Thursday afternoon by Federal Reserve Chair Jerome Powell. CBS News business analyst Jill Schlesinger has more details.Top stories - CBS News - November 7 -
The Federal Reserve lowers interest rates by 0.25 percentage points
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.Top stories - CBS News - November 7 -
Powell: Fed won't 'speculate' about Trump's impact on economy
The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...Politics - The Hill - November 7 -
Federal Reserve cuts interest rate for second time in 2024
The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News ...Top stories - CBS News - November 7 -
How California has been ‘Trump-proofing’ itself against federal reprisal
Newsom also announces special session of legislature to ensure state agencies’ funding and says: ‘We won’t sit idle’. US elections 2024 – live updates California prided itself on its ...World - The Guardian - November 7 -
Facing Post-Election Concerns, Federal Reserve Cuts Rate by Quarter-Point
After Donald Trump’s election win, the Federal Reserve cut its benchmark interest rate to about 4.6 percent.Business - Inc. - November 7 -
How the Federal Reserve interest rate cut could affect Americans
The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the ...Top stories - CBS News - November 7 -
Jackson Mayor Chokwe Antar Lumumba Is Indicted on Federal Corruption Charges
The mayor and two other local officials pleaded not guilty on Thursday after being accused of taking part in a scheme in which F.B.I. agents posing as real estate developers offered bribes.Top stories - The New York Times - November 7 -
Federal Reserve cuts interest rates another quarter-point
The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.Top stories - CBS News - November 7 -
Former Adams Aide Is in Plea Talks in Federal Witness Tampering Case
Mohamed Bahi was accused of tampering with witnesses and destroying evidence in the corruption investigation into Mayor Eric Adams and his campaign fund-raising.Top stories - The New York Times - November 8 -
Federal judge rules Illinois assault weapons ban unconstitutional
U.S. District Judge Stephen McGlynn is holding off on enforcing his ruling for 30 days to allow Illinois leaders time to appeal.Top stories - CBS News - November 8 -
Inside the Federal Work Force That Trump Has Promised to Eviscerate
President-elect Donald J. Trump and his allies have pledged to strike fear in the heart of what they term “the deep state.” They have already succeeded.Top stories - The New York Times - November 9 -
Co-founders of militia group convicted of attempting to murder federal agents
Two men had also planned to go to Texas and kill asylum seekers as well as border agents who would try to stop them. Two men who co-founded a militia group have been convicted of attempting to ...World - The Guardian - November 9 -
Federal judge says Illinois assault rifle ban is unconstitutional
A federal judge in Illinois ruled that the state's assault rifle ban is unconstitutional, arguing that the decision violates the Second Amendment. In U.S. District Judge Stephen McGlynn's opinion, ...Politics - The Hill - November 9 -
Federal agencies investigate racist texts sent after election
The FBI and other federal agencies are investigating the mass racist text messages sent after the presidential election. The messages, which referenced slavery, were sent to people around the ...Top stories - CBS News - November 9 -
Pentagon leaker Jack Teixeira sentenced to 15 years on federal charges
Prosecutors said Jack Teixeira "perpetrated one of the most significant and consequential violations of the Espionage Act in American history."Top stories - ABC News - 5 days ago -
Federal telework improves productivity. Why is Congress so desperate to limit it?
A new study has found that public sector employees working remotely recorded a 12% increase in productivity compared to when they were in the office, challenging the assumption that physical ...Politics - The Hill - 5 days ago -
Federal judge blocks Louisiana's Ten Commandments law in public schools
A coalition of Louisiana parents attempting to block a state law that would require the Ten Commandments be displayed in public school classrooms by next year have won a legal battle in federal court.Top stories - NBC News - 5 days ago -
Federal judge temporarily blocks Louisiana's Ten Commandments in public schools law
A federal judge on Tuesday blocked a Louisiana law requiring that the Ten Commandments be displayed in all public school classrooms. U.S. District Judge John deGravelles granted a preliminary ...Politics - The Hill - 5 days ago -
Federal Judge Blocks Louisiana Law Requiring Ten Commandments in Classrooms
The ruling is probably the first in what could be a long legal fight for conservative Christian groups hoping to amplify public expressions of faith.Top stories - The New York Times - 5 days ago -
Syphilis cases see first substantial decline in 20 years: Federal data
Though the rate of sexually transmitted infections (STIs) remains high in the U.S., the spread of syphilis appears to be slowing, according to new federal data showing that cases grew by 1 percent ...Politics - The Hill - 5 days ago -
Lobbying World: AirBnB books new federal affairs lead
AirBnB has added Aquila Powell as head of federal affairs. She was most recently managing director at Prime Policy Group and is a General Motors alum. Phil Bianchi has joined JPMorgan Chase as vice ...Politics - The Hill - 4 days ago -
Federal Court takes aim at White House’s environment authority
A federal court in D.C. has issued a ruling that curtails the White House’s ability to set government-wide rules pertaining to how environmental reviews can be conducted. On Tuesday, judges with ...Politics - The Hill - 4 days ago -
Teen Behind Hundreds of Swatting Attacks Pleads Guilty to Federal Charges
Alan Filion, believed to have operated under the handle “Torswats,” admitted to making more than 375 fake threats against schools, places of worship, and government buildings around the United States.Tech - Wired - 4 days ago -
How the states can protect public health from the federal fringe takeover
No matter where we live, we should ask what our state doing to protect our families against rancorous false cries against basic public health protections.Politics - The Hill - 3 days ago -
Nex Benedict's Oklahoma school district violated federal law, investigation finds
Owasso Public Schools, the district where Nex Benedict died following a fight at school, violated federal law, according to the U.S. Department of Education.Top stories - NBC News - 4 days ago -
Trump wants to end 'wokeness' in education, vowing to use federal money as leverage
President-elect Donald Trump has a vision for education that revolves around a single goal: to rid America’s schools of perceived “wokeness” and “left-wing indoctrination.”Top stories - ABC News - 2 days ago -
Democratic senators call for federal probe into Musk's contact with Russia
A pair of Democratic senators called for a federal investigation into Elon Musk’s involvement in SpaceX’s federal contracts following reports the tech billionaire has been in regular contact with ...Politics - The Hill - 2 days ago -
How Musk’s Department of Government Efficiency May Try to Slash Federal Spending
President-elect Donald J. Trump has tasked Elon Musk and Vivek Ramaswamy with identifying ways to cut the budget. The hard part comes next.Top stories - The New York Times - Yesterday -
How Trump's plan to expand drilling, logging on federal land could be thwarted
President-elect Donald Trump has ambitious goals for utilizing U.S. federal lands for extraction of oil and other resources.Top stories - ABC News - Yesterday