Treasury Secretary Scott Bessent has announced a strategy to reduce long-term interest rates, focusing on lowering the 10-year U.S. Treasury yield. His plan, independent of the Federal Reserve’s monetary policy, emphasizes deregulation, tax cuts, and significant reductions in federal spending to stabilize interest rates and ease inflation. Bessent explained that fiscal policy adjustments, such as cutting wasteful government spending, could encourage economic growth without triggering inflation.
A Bering Air Cessna 208B Grand Caravan, carrying nine passengers and one pilot, vanished from radar on February 6, 2025, while en route from Unalakleet to Nome, Alaska.
Twelve Democrat attorneys general announced plans to sue the Department of Government Efficiency (DOGE), led by Elon Musk, to prevent its access to federal payment systems containing sensitive personal information.
Elon Musk, one of the most influential figures in technology and government reform, has become the target of an escalating trend of hate speech, defamation, and violent rhetoric.
Senate Democrats postponed a committee vote on President Donald Trump's nominee for FBI Director, Kash Patel, moving the decision to the following week.
NASA has issued a new directive instructing employees, contractors, and grantees to remove pronouns from all work-related communications, including email signatures.
Episcopal Bishop Mariann Budde, who publicly criticized President Donald Trump over his immigration policies, is now facing scrutiny after reports revealed that her church’s federal contracting arm, Episcopal Migration Ministry (EMM), received $53 million in taxpayer funds in 2023 for its migrant resettlement efforts. The Trump administration has temporarily paused these programs for evaluation of potential abuse.
Catholic Relief Services (CRS), the largest recipient of USAID funding, is bracing for significant reductions following the Trump administration’s decision to freeze foreign aid and restructure government spending. With 50% of its $1.5 billion budget coming from USAID, CRS is preparing for mass layoffs, office closures, and project terminations worldwide.
Rep. Ayanna Pressley (D-MA) sparked controversy Thursday when she criticized Iowa for being "too White" during a House Oversight and Government Reform Committee hearing on government efficiency.
Border czar Tom Homan issued a strong warning Thursday, stating that individuals who leak information about Immigration and Customs Enforcement (ICE) raids “might find themselves in handcuffs.” Speaking with Fox News host Harris Faulkner, Homan emphasized the serious consequences of obstructing law enforcement operations aimed at detaining illegal immigrants with criminal records.