Latest in Congress Inflation
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Recording artists want Congress to force radio stations to pay them for their songs
The American Music Fairness Act would ensure performers, not just songwriters, get paid when an AM/FM radio station plays their music.NBC News - 1h -
El Salvador's Congress votes to eliminate public campaign financing
Lawmakers in El Salvador have taken advantage of a newly streamlined constitutional reform process to eliminate public financing of political campaigns, making good on a promise of President Nayib ...ABC News - 9h -
Inflation accelerated in January, CPI report finds
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily. Martin ...CBS News - 10h -
Stock Market Falls After Inflation Report
Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.The New York Times - 15h -
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as tariffs loom.CNBC - 17h -
Fed’s Powell Doesn’t Have Much to Say Because Inflation Isn’t Budging
Federal Reserve Chairman Jerome Powell says he isn’t rushing on rate cuts and the economy remains in solid shape.Inc. - 23h -
Canada and Mexico tariffs risk inflating US housing crisis, Trump is warned
Exclusive: Dozens of congressional Democrats urge president to reconsider threatened import duties on US’s two largest trading partners. Pressing ahead with steep tariffs on Canada and Mexico ...The Guardian - 1d -
US inflation unexpectedly increases
US inflation increased by more than expected last month, pushing up the cost of living for Americans.BBC News - 8h -
Trump blames Biden for January inflation spike
New government data shows inflation is up 3% on an annual basis. In reaction to the hot report, President Trump blamed the surge on his predecessor, saying "BIDEN INFLATION UP!" Political ...CBS News - 12h -
House GOP approves bill to expand Congress’s power to undo Biden-era rules
The House on Wednesday voted to dramatically expand Congress’s ability to roll back regulations passed by the prior administration, a move by the GOP to crush a number of new rules passed in the ...The Hill - 14h -
US inflation unexpectedly increases to 3% in January
Figure bolsters case for Federal Reserve proceeding slowly with interest rate cutsFinancial Times - 15h -
CPI Report: Inflation Rose Unexpectedly in January
The Consumer Price Index rose 3.0 percent from a year earlier as food and energy prices picked up.The New York Times - 15h -
Rosa DeLauro: Congress, Not Trump, Controls the Money
It is right there, as clear as day in Article I, Section 9, Clause 7, that the legislature controls the money.The New York Times - 16h -
Powell testifies in Congress as inflation remains high
Federal Reserve Chair Jerome Powell refused to testify in Congress on President Trump's remarks about the Fed's ability to lower interest rates. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 17h -
Inflation hotter than expected in January, consumer price index shows
The consumer price index shows that inflation accelerated in January at a pace economists weren't forecasting, rising 3% on an annual basis and 0.5% monthly. CBS News MoneyWatch correspondent Kelly ...CBS News - 21h -
Trump says ‘Biden inflation’ is up. What’s right, and not, about that remark.
President Trump had a quick response to numbers showing hotter-than-forecast 0.5% rise in consumer prices in January.MarketWatch - 21h -
Inflation rate picked up in January, CPI report shows. What it means.
The Federal Reserve's progress on taming inflation has stalled out. That could mean fewer rate cuts in 2025.CBS News - 21h -
Inflation heats up, adding pressure on Trump over vow to lower prices
Price growth sped up unexpectedly in January, posing an early challenge to President Donald Trump's economic agenda.NBC News - 22h -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - 22h -
Inflation ticks up to 3 percent annual increase in January
The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing by 2.9 percent in December. Economists were expecting the CPI to increase ...The Hill - 22h -
Consumer price report Wednesday expected to show inflation isn't going away
Another month, another expected miss for inflation as it relates to the Fed's goal, with concerns aplenty about what happens from here.CNBC - 23h -
Markets may be underestimating how much inflation will fall this year
It is not just tariffs that might affect growth but also trade uncertainty and the effects of the Trump policy agendaFinancial Times - 1d -
Some House Republicans ask Congress to make California wildfire aid conditional
A group of House Republicans is asking Congress to include the rollback of California environmental standards as a condition of the state receiving federal wildfire aid. Andy Picon, reporter at E&E ...CBS News - 1d -
Trump's signature issue is at the center of Congress' fight over his agenda: From the Politics Desk
House and Senate Republicans remain on a collision course over Donald Trump’s agenda. And the president’s signature issue is at the center of it.NBC News - 1d -
Become Your Bank: Infinite Banking With an Inflation Hedge
Low interest rates aren’t keeping up with inflation.Inc. - 1d -
Fed Chair Jerome Powell testifying before Congress
Federal Reserve chair Jerome Powell is testifying in front of lawmakers Tuesday where he's expected to face questions ranging from rate policies to the department's independence from President ...CBS News - 1d -
Treasury yields finish mixed as investors await Powell testimony, inflation data
Yields on U.S. government debt held to a tight range despite President Donald Trump’s plan to impose 25% tariffs on imports of steel and aluminum, with investors looking ahead to a busy week of ...MarketWatch - 2d -
How Democrats in Congress are tackling Trump's massive government changes
Democrats in Congress are working on messaging and other moves to confront President Trump's changes as he settles into his second term in the White House. CBS News' Taurean Small reports from ...CBS News - 2d -
Trump brings members of Congress to Super Bowl
President Donald Trump is at the Caesars Superdome in New Orleans watching the Super Bowl, marking the first time a sitting president appears at the game.ABC News - 3d -
Rep. Ilhan Omar says GOP "doesn't have the numbers" to dismantle USAID through Congress
Rep. Ilhan Omar said the executive branch's recent actions have created a "constitutional crisis."CBS News - 3d -
Rep. Ilhan Omar says Trump federal gutting doesn't "have the support" among GOP in Congress
Democratic Rep. Ilhan Omar of Minnesota tells "Face the Nation with Margaret Brennan" that as the Trump administration has steamrolled forward with executive orders to dismantle USAID and the ...CBS News - 3d -
Congress should stop researching data center threats and start protecting them
It’s crucial that data center operators be prepared to counter adverse events.The Hill - 3d -
Is US inflation on the way down?
Market Questions is the FT’s guide to the week aheadFinancial Times - 4d -
China’s inflation accelerates after rise in lunar new year demand
Producer prices contract for 28th month as threat of US trade war clouds economic outlookFinancial Times - 4d -
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Congress must prevent a mass-amnesty for COVID fraud
Don't give criminals and fraudsters a “get out of jail free” card for COVID fraud.The Hill - 4d -
State Department announces $7B arms sale to Israel after Congress blocked initial deal
The Trump administration announced a $7 billion arms sale to Israel, including munitions and missiles, just days after Congress blocked an initial deal. The State Department said Friday that it ...The Hill - 4d -
Trump’s Tariff Plan Is Looking Potentially Disastrous for Inflation
Here’s why Trump’s opening tariff salvo will likely hurt U.S. consumers.Inc. - 6d -
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.The New York Times - 6d
