The congressman who would lead the most powerful investigative committee in the House if Republicans win the midterms is sending an unmistakable advance warning to the permanent federal bureaucracy: It's time to "get rid of some of these useless bureaucrats who are just a drain on the American taxpayer."
The Federal Reserve launched another sortie against the fastest inflation in four decades on Wednesday, approving the fourth straight supersized rate increase and signaling more increases were likely in the months ahead.