The Senate on Wednesday is set to confirm President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world's most powerful central bank at a fraught moment for the global economy.
U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, the highest point in more than three years, as the Iran war pushes up energy prices and intensifies pressure on companies to pass along their rising costs to consumers.
Massey explains he understands there are "likely consequences" for taking his position. Many feel he may face heavy backlash from Trump and other legislators. "I've got to look in the mirror. My conscience is clear on this one, y'all," says Massey.
This morning, SC lawmakers and advocates gathered to draw attention to several legislative efforts aimed at strengthening protections for families and children from risks posed by artificial intelligence and addictive social media.
Missouri's top court is hearing an important legal challenge Tuesday to one of President Donald Trump's earliest redistricting successes while lawmakers in Louisiana and South Carolina weigh whether to become the most recent Republican states to redraw U.S. House districts ahead of the midterm elections.
The Supreme Court is leaving women’s access to a widely used abortion pill untouched until at least Thursday, while the justices consider whether to allow restrictions on the drug, mifepristone, to take effect.