Posted on

Senate Republicans Stall Crucial Vote on Fed Nominees

President Biden’s plans to reshape the Federal Reserve suffered a setback on Tuesday as Republicans delayed a key vote on his five nominees for its Board of Governors.Republicans did not […]




Posted on

Brandon Just Wants to Drive His Racecar

My colleague, the columnist John McWhorter, a trained linguist, noted in a recent essay that the catchphrase was an American instance of a euphemistic language practice known in South Africa […]




Posted on

Republicans Who Assailed Biden’s Stimulus Bill Are Embracing the Money

“It’s like the python that ate the rat,” Brad Whitehead, a nonresident senior fellow at the Brookings Metropolitan Policy Program, said of the struggle to shepherd so much federal money […]




Posted on

Now in Your Inbox: Political Misinformation

A few weeks ago, Representative Dan Crenshaw, a Texas Republican, falsely claimed that the centerpiece of President Biden’s domestic agenda, a $1.75 trillion bill to battle climate change and extend […]




Posted on

How Bank Regulators Are Trying to Oust a Trump Holdover

Then came the fireworks. The FDIC’s public affairs office, which Ms. McWilliams controls, released a statement:“Earlier today, the Consumer Financial Protection Bureau (CFPB) posted on its website a document, purportedly […]




Posted on

Lawmakers See Path to Rein In Tech, but It Isn’t Smooth

WASHINGTON — “Facebook and Big Tech are facing a Big Tobacco moment,” Senator Richard Blumenthal, Democrat of Connecticut, said this week when a whistle-blower testified about how the social media […]




Posted on

$1 Trillion Infrastructure Deal Scales Senate Hurdle With Bipartisan Vote

WASHINGTON — The Senate voted on Wednesday to take up a $1 trillion bipartisan infrastructure bill that would make far-reaching investments in the nation’s public works system, as Republicans joined […]




Posted on

Gas Price Increase Poses Challenge to U.S. Economy

Policymakers at the Federal Reserve have said they expect the increase in inflation to be short-lived, and they are unlikely to change that view based on an increase in energy […]




Posted on

ProPublica Report Has Congress Rethinking How to Tax Superrich

WASHINGTON — A jaw-dropping report by ProPublica detailing how America’s richest men avoided paying taxes has intensified interest in Congress, even among some Republicans, in changing the tax code to […]