Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind rapid price growth.
Tag: House of Representatives
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Prosecutor in Trump Hush-Money Case Fires Back at House Republicans
The grand jury examining the former president’s role in a hush-money payment typically does not hear testimony about the inquiry on Thursdays, making an indictment unlikely before next week.
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Double-Barreled Economic Threat Puts Congress on Edge
Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.
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Tiktok’s Lonely Progressive Defender: New York’s Jamaal Bowman
Representative Jamaal Bowman of New York says the drive to ban TikTok stems from anti-China “hysteria.” His Democratic colleagues disagree.
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At House Republican Retreat, Donald Trump Is Once Again the Focus
For the third year since he left office, former President Donald J. Trump continued to dominate an annual G.O.P. gathering in Florida, underscoring his grip on the party.