May 04 WATCH: Federal Reserve Chair Jerome Powell gives update as Fed announces interest rate hike By Christopher Rugaber, Associated Press The Fed also announced that it will start reducing its huge $9 trillion balance sheet, made up mainly of Treasury and mortgage bonds. Reducing those holdings will have the effect of further raising loan costs throughout the economy. Continue reading
May 04 WATCH: DHS Secretary Mayorkas testifies amid criticisms of new disinformation board By Amanda Seitz, Nomaan Merchant, Associated Press A newly formed Disinformation Governance Board remains shrouded in secrecy a week after the Biden administration’s announcement of the new effort was met with widespread criticism. Continue reading
May 04 Transgender kids tend to maintain their identities as they grow up, study suggests By Lindsey Tanner, Associated Press After five years, 94 percent of children studied were living as transgender and almost two-thirds were using either puberty-blocking medication or sex hormones. Continue reading
May 04 WATCH: President Biden welcomes Team USA Olympians to the White House By Aamer Madhani, Associated Press Biden hailed Team USA for bringing a bit of unity to a pandemic weary nation as he hosted a White House celebration with about 600 athletes from this year's Winter Olympics in Beijing and the coronavirus-delayed Summer Games held in… Continue reading
May 04 Black and Hispanic people have the most to lose if Roe is overturned By Emily Wagster Pettus, Leah Willingham, Associated Press Associated Press research shows that if the Court allows states to ban abortions, minority women will bear the brunt of it. Continue reading
May 04 WATCH: President Biden remarks on deficit progress in bid to counter critics By Josh Boak, Fatima Hussein, Associated Press President Joe Biden plans to highlight deficit reduction in remarks noting that the government will pay down the national debt this quarter for the first time in six years. Continue reading
May 03 Norman Mineta, congressman and first Asian American cabinet secretary, dies at 90 By Brian Witte, Terence Chea, Associated Press Norman Mineta, who as federal transportation secretary ordered commercial flights grounded after the 9/11 terror attacks in 2001, has died. Continue reading
May 03 Brown, backed by Democratic Party moderate establishment, wins Ohio rematch with progressive activist Turner By Will Weissert, Julie Carr Smyth, Associated Press Democratic U.S. Rep. Shontel Brown has beaten former state Sen. Nina Turner for the second time since last summer, easily prevailing in an Ohio primary billed nationally as a key showdown between the party's more moderate establishment and its activist… Continue reading
May 03 Indiana GOP lawmakers hold off challengers from the hard-right By Tom Davies, Associated Press, Casey Smith, Associated Press/Report for America Frustrated Indiana conservatives fell short in several primary races in their drive to push the Republican-controlled state Legislature further to the right and saw one of their movement's leaders lose his reelection bid. Continue reading
May 03 Venture capitalist and bestselling author JD Vance wins Ohio's GOP Senate primary By Jill Colvin, Julie Carr Smyth, Associated Press Bestselling author JD Vance has won Ohio's contentious and hyper-competitive GOP Senate primary, buoyed by Donald Trump's endorsement in a race widely seen as an early test of the former president's hold on his party. Continue reading