Income tax should not be paid on money provided through state-based catastrophe loss mitigation programs, says a U.S. Senate proposal from North Carolina Republican Thom Tillis.

President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring ...

Former Rep. Mike Rogers (R-Mich.) said he’s considering another run for Senate in 2026 after incumbent Sen. Gary Peters (D) ...

President Donald Trump has begun his second administration with a series of controversial moves and decisions.

Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...

President Donald Trump’s new administration is looking ahead to key Senate hearings this week for three of his most ...

President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.

Robert F Kennedy Jr has returned to Capitol Hill as a raft of Donald Trump’s controversial picks prepare to face Senate confirmation hearings. The 71-year-old will face the Senate Health, Education, ...

A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.

Now, with the same legal team that defended Trump against the criminal cases in charge of running the DOJ, all that was left ...

On Wednesday, the Senate will consider the president ... mattered most to Trump that they do the opposite. In 2020, William Barr — despite his controversial tenure — ultimately refused to ...