Lawmakers praise First Republic sale, but efforts to pass new bank rules are fizzling
WASHINGTON — Lawmakers who sit atop key banking committees praised the federal takeover of First Republic Bank on Monday, and…
These are the top Senate races to watch in 2024
Democrats grew their Senate majority in 2022. They’ll be lucky to keep those gains in 2024. Republicans, who took over…
Powell duped by Russian pranksters who claimed to be Ukraine’s Volodymyr Zelenskyy
WASHINGTON — Federal Reserve Chairman Jerome Powell spoke by phone with two Russian pranksters earlier this year who falsely claimed…
House passes GOP debt limit bill, as McCarthy tries to draw Biden into negotiations
WASHINGTON — A Republican bill to raise the debt limit and slash government funding passed the House on Wednesday, after…
GOP debt ceiling bill faces its first test as analysts warn U.S. faces default risk as early as June
WASHINGTON — A House Republican bill to raise the debt limit while dramatically cutting federal spending faces its first test…
New draft of House stablecoin regulation focuses on state regulators, issuers
WASHINGTON — Republicans on the House Financial Services Committee on Monday released a new draft of legislation to regulate stablecoin…
New bipartisan bill would let the U.S. Mint alter the metal content of coins to save money
WASHINGTON — A bipartisan bill to authorize the U.S. Mint to alter the metal content of coins in order to…
Gensler defends SEC’s crypto crackdown in marathon House hearing
WASHINGTON — Securities and Exchange Commission Chairman Gary Gensler faced a barrage of criticism from House Republicans on Tuesday over his…
Fetterman and McConnell return to the Senate, but Feinstein remains in California
WASHINGTON — Senate Minority Leader Mitch McConnell and Democratic Sen. John Fetterman both returned to the Capitol on Monday after…
Rep. George Santos, who admitted lying about his resume, announces 2024 reelection bid
Rep. George Santos, the freshman Republican lawmaker from New York whose brief time in office has been draped in scandal,…
