Ex-Atlanta Fed president Lockhart predicts decision on tapering bond purchases will happen 'later in the year’
Former Atlanta Federal Reserve President Dennis Lockhart said on Thursday that he believes the Fed's decision to potentially taper bond purchases will not happen immediately and will likely “be made later in the year.”
McConnell says 'it never occurred' to him that convincing Americans to get vaccinated would be difficult
Senate Minority Leader Mitch McConnell said he wasn’t aware it would be difficult to convince Americans to get vaccinated against the coronavirus.
Biden national security memo on cybersecurity has 'no meat on the bones': Rep. Nancy Mace
Rep. Nancy Mace on President Biden's memo on cybersecurity.
US plans sanctions against Iran’s drones and guided missiles
The U.S. plans a sanctions campaign against Iran’s evolving capabilities for precision strikes using drones and guided missiles, according to U.S. officials, amid concerns over the threat these weapons represent to American and allied interests.
Larry Kudlow breaks down the bipartisan Senate infrastructure bill
Larry Kudlow weighs in on the bipartisan Senate infrastructure bill in his "Kudlow" monologue on Wednesday.
Bipartisan group's $1.2T infrastructure bill clears crucial Senate procedural vote
The Senate voted Wednesday evening to move forward with a $1.2 trillion package to rebuild the nation's crumbling infrastructure after months of painstaking negotiations between a bipartisan group of senators and the White House on one of President Biden's top economic goals.
Fed's Powell touches on timeline, details for central bank’s return-to-work plans
Federal Reserve Chair Jerome Powell indicated that the agency’s staff would be resuming in-person work in a few weeks, though he did not mention any specific mandates as more requirements are announced for federal employees.
AOC, Tlaib blast Sinema's refusal to support Dems' $3.5T spending package
Progressive congresswomen Rep. Alexandria Ocasio-Cortez and Rep. Rashida Tlaib slammed Democratic Senator Kyrsten Sinema after the senator announced she will not support a $3.5 trillion infrastructure plan.
Fed’s Powell doesn’t see delta variant toppling economy
Federal Reserve Chairman Jerome Powell said Wednesday that policymakers at the U.S. central bank see no cause for alarm from the resurgence of COVID-19 cases nationwide, driven by the highly transmissible delta variant.
GOP lawmakers call out Yellen for dodging oversight hearing while meeting with Dems behind closed doors
Republican lawmakers issued a letter Wednesday accusing Treasury Secretary Janet Yellen of “dodging” public hearings regarding programs she oversees while opting for “partisan, closed-door meetings” with Democrats.
What caused the global semiconductor chip shortage?
General Motors recently announced that it would reduce some truck production in North America due to the global chip shortage, while Ford has also pulled back production at several factories.
Pelosi says Biden doesn't have the power to cancel student loan debt
House Speaker Nancy Pelosi said Wednesday that President Biden can't unilaterally wipe away student loan debt, as some progressives have urged him to do, and even questioned the fairness of a debt forgiveness policy.
Biden promises US investment in semiconductors at Mack Trucks plant, as global shortage haunts auto sector
President Biden on Wednesday detailed his plans to invest billions of dollars to support new semiconductor chip factories, as he spoke about the need to bolster the American supply chain in Pennsylvania.
Biden doesn't have authority to cancel student debt, Pelosi says: What to do with your college loans
House Speaker Nancy Pelosi contradicted prominent Democratic lawmakers on the topic of student loan cancellation, saying that President Biden doesn't have the executive authority to discharge loans. See what you can do with your loans in the meantime.
Ilhan Omar cites rising COVID cases to demand Biden cancel student debt
Minnesota Democrat Rep. Ilhan Omar joined calls to cancel student debt Wednesday, pointing to recent the increase in coronavirus cases as justification.
Powell’s press conference, Federal Reserve meeting: LIVE Updates
Federal Reserve Chairman Jerome Powell gave his latest views on inflation, tapering and the health of the U.S. economy amid rising COVID-19 cases and a return to mask mandates.
Fed keeps ultra-low interest rates but says US economy made 'progress' toward its goals
The Federal Reserve said Wednesday that it would maintain ultra-low interest rates and reaffirmed its commitment to other easing policies.
Schumer says Senate could vote to advance infrastructure bill tonight after reaching 'major' agreement
The Senate may vote to advance a bipartisan infrastructure package as early as Wednesday evening, Majority Leader Chuck Schumer said, after negotiators resolving major outstanding issues on the roughly $1.2 trillion deal.
Higher wages: Biden draws ire of restaurant industry over comments
After President Biden’s comments to restaurant owner John Lanni that he will "be in a bind for a little while," unless restaurateurs improve wages, some in the industry are speaking out.
Varney: Eric Adams wins as AOC’s clout fades
FOX Business' Stuart Varney discusses mayoral candidate Eric Adams going after Alexandria Ocasio-Cortez and the Defund The Police movement.


















