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Tag: POLITICO

Federal Reserve Chairman Jerome Powell speaks at a news conference after the Federal Open Market Committee meeting Oct. 29, 2025, at the Federal Reserve Board Building in Washington. (AP Photo/Manuel Balce Ceneta, File)

Federal Reserve likely to cut rates, may signal just one more reduction next year

It would be the third cut in a row and bring the Fed’s key rate to about 3.6%, the lowest in nearly three years.

Read More Federal Reserve likely to cut rates, may signal just one more reduction next year
(Background) Vegetables on display in a grocery store on August 15, 2025 in Delray Beach, Florida. Wholesale prices for fresh vegetables soared by 38.9 % a record amount, last month, according to the U.S. Bureau of Labor Statistics. (Joe Raedle/Getty Images) / (R) WASHINGTON, DC - OCTOBER 03: White House Press Secretary Karoline Leavitt speaks during a press briefing in the Brady Press Briefing Room at the White House on on October 03, 2025 in Washington, DC. Leavitt spoke to reporters about a range of topics including the government shutdown and the U.S. military's recent strike on a boat off the coast of Venezuela. (Photo by Anna Moneymaker/Getty Images)

Leavitt slams Democrats as shutdown jeopardizes SNAP benefits for millions

White House Press Secretary Karoline Leavitt warned that funding for the Supplemental Nutrition Assistance Program (SNAP) could run out by November 1st if the ongoing government shutdown continues, potentially affecting millions of Americans who rely on the program.

Read More Leavitt slams Democrats as shutdown jeopardizes SNAP benefits for millions
(L-Bottom) WASHINGTON, DC - JULY 24: White House Border Czar Tom Homan waits to be interviewed on television outside the White House on July 24, 2025 in Washington, DC. Homan answered questions about the Trump Administration's work to fulfill its goal of the largest mass deportation in U.S. history. (Photo by Chip Somodevilla/Getty Images) / (L-top) JD Vance during live streaming -- screenshot taken via X) / (R-top) NEW YORK - FEBRUARY 24: The ABC logo is viewed outside of ABC headquarters February 24, 2010 in New York, New York. ABC has announced that the television news division plans to cut 20-25 percent of its workforce, or between 300-400 people, through buyouts or layoffs. The news division plans to use more contractors and freelancers to make up for the loss of fulltime employees. (Photo by Spencer Platt/Getty Images) / (R-Bottom) ABC News anchor George Stephanopoulos screenshot taken via X video.

ABC’s Stephanopoulos cuts off Vance, ends live interview during clash over alleged bribery scandal

ABC News anchor George Stephanopoulos abruptly cut short a live interview with Vice President JD Vance on Sunday after the two clashed over unproven allegations surrounding Trump Border Czar Tom Homan allegedly accepting a “bribe” during a 2024 FBI sting operation.

Read More ABC’s Stephanopoulos cuts off Vance, ends live interview during clash over alleged bribery scandal
WASHINGTON, DC - OCTOBER 09: U.S. Speaker of the House Mike Johnson (R-LA) speaks at a news conference on the government shutdown at the U.S. Capitol on October 09, 2025 in Washington, DC. The government remains shut down after Congress failed to reach a funding deal last week. (Photo by Kevin Dietsch/Getty Images)

Speaker Johnson: Congress is ‘barreling toward one of the longest shutdowns in American history’

GOP House Speaker Mike Johnson suggested that the government shutdown may become the longest in U.S. history — unless Senate Democrats finally agree to pass a “clean, no-strings-attached” Republican spending bill to reopen the government.

Read More Speaker Johnson: Congress is ‘barreling toward one of the longest shutdowns in American history’
FORT BRAGG, NORTH CAROLINA - JUNE 10: U.S. President Donald Trump pumps his fist to the crowd as he leaves the stage after speaking at a rally with U.S. Army troops on June 10, 2025 at Fort Bragg, North Carolina. Trump is traveling to Fort Bragg Army base to observe a military demonstration and give remarks in honor of the U.S. Army’s 250th anniversary. (Photo by Melissa Sue Gerrits/Getty Images)

Trump shifts funds to pay military service members despite government shutdown

President Donald Trump revealed that his team has identified funds that will be utilized to pay military service members despite the ongoing government shutdown.

Read More Trump shifts funds to pay military service members despite government shutdown
WASHINGTON, DC - JULY 23: House Minority Leader Hakeem Jeffries (D-NY) speaks as Senate Majority Leader Chuck Schumer (D-NY) looks on at a news conference at the Democratic Senatorial Campaign Committee on Capitol Hill on July 23, 2024 in Washington, DC. The Democratic leaders endorsed Vice President Kamala Harris as their party's presidential nominee, after President Joe Biden announced that he would be dropping out earlier this week.(Photo by Kent Nishimura/Getty Images)

Schumer and Jeffries write a letter to GOP leadership, vow to vote against the imminent CR without bipartisan input

Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries have sent a letter to GOP leaders, proposing an urgent meeting to negotiate a government funding agreement to prevent a shutdown by the end of September.

Read More Schumer and Jeffries write a letter to GOP leadership, vow to vote against the imminent CR without bipartisan input

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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