Federal

Senator Introduces Bill to ‘Drain the Swamp’

Senator Joni Ernst (R-IA) introduced a bill that would remove almost a third of federal employees from Washington, D.C.

Supreme Court to Decide on South Carolina’s Medicaid Funding for Planned Parenthood

The U.S. Supreme Court agreed on Wednesday to hear a case regarding whether South Carolina can eliminate Medicaid funding for Planned Parenthood clinics due to their provision of abortion services.

Bipartisan Spending Plan Scrapped Amid Criticism from Trump, Musk, and House Republicans

The bipartisan federal spending plan championed by House Speaker Mike Johnson, R-La., has been abandoned following criticism from House Republicans, President-elect Donald Trump, and Tesla and X owner Elon Musk.

Social Security Full Retirement Age to Increase in 2025

Social Security’s full retirement age (FRA) is set to rise again in 2025, impacting those nearing retirement who want to claim their full benefits.

NYC Mayor Eric Adams Claims Indictment is Retaliation for Criticizing Biden’s Immigration Policies

New York City Mayor Eric Adams suggested his indictment by a federal grand jury may be politically motivated due to his criticism of the Biden administration’s immigration policies.

U.S. Stocks Plunge After Fed Cuts Rates and Signals Slower Reductions

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

U.S. Officials Warn of Potential ISIS Breakout in Syria

U.S. officials are raising alarms over the possibility of thousands of ISIS fighters escaping from detention centers in Syria due to ongoing Turkish-backed military operations.

Retail Theft Surges by 93%: Calls for Federal Action Grow

Shoplifting incidents in the U.S. surged 93% in 2023 compared to pre-pandemic levels, with retailers experiencing a 90% rise in monetary losses, according to a new study by the National Retail Federation (NRF).

Full Federal Recognition for Lumbee Tribe Moves Forward with House Passage

The push for full federal recognition of the Lumbee Tribe of North Carolina has taken a significant step forward with the U.S. House of Representatives passing the Lumbee Fairness Act. The bill, which aims to provide federal services and benefits to the Lumbee people, passed with a vote of 311-96 on Tuesday. While the bill received broad support, it also saw opposition from Reps. Virginia Foxx (R-N.C.) and Chuck Edwards (R-N.C.). Notably, Reps. Patrick McHenry (R-N.C.) and Wiley Nickel (D-N.C.) did not vote.

Federal Reserve Cuts Interest Rates for Third Consecutive Time Amid Economic Shifts

The Federal Reserve made its third consecutive interest rate cut on Wednesday, reducing its benchmark rate by a quarter of a percentage point. The move, widely anticipated by investors and financial markets, brings the federal funds rate to a target range of 4.25 percent to 4.50 percent. Since beginning its rate cuts in September, the Fed has now lowered rates by a total of 100 basis points, or one percentage point.

Latest news

- Advertisement -spot_img