Congress

Democratic inflation fix bill is flawed

The Democrats believe they can control inflation with a bill dubbed the 'Consumer Fuel Price Gouging Prevention Act' being rolled out in the coming week.

Senate confirms Jerome Powell for a second Federal Reserve chair term

The Senate overwhelmingly confirmed Jerome Powell to a second term as chairman of the Federal Reserve on Thursday, a move that comes at a precarious time for the U.S. central bank as policymakers attempt to tame the hottest inflation in a generation without tipping the economy into a recession.