House panel says China subsidizes fentanyl production to fuel crisis in the United States
A congressional committee is accusing China of fueling the fentanyl crisis in the U.S. A report released Tuesday by a House select committee says China is directly subsidizing the manufacturing of materials used by drug traffickers to make fentanyl outside the country.
US Pentagon chief speaks with Chinese counterpart for first time since November 2022
Defense Secretary Lloyd Austin has spoken with Chinaโs national defense minister in the latest in a series of U.S. steps to improve communications with the Chinese military and reduce unsafe and aggressive incidents in the Indo-Pacific.
Republicans threaten to hold Attorney General Garland in contempt over Biden documents case
House Republicans are threatening to hold Attorney General Merrick Garland in contempt of Congress if he does not turn over unredacted materials related to the special counsel probe into President Joe Bidenโs handling of classified documents.
House GOP sues in bid to force Justice Department lawyers to testify as part of impeachment inquiry
House Republicans have filed a lawsuit seeking to force two Justice Department lawyers to testify about the criminal investigation of Hunter Biden as part of the chamberโs impeachment inquiry into President Joe Biden.
Olympic law rewrite calls for public funding for SafeSport and federal grassroots sports office
A proposed rewrite of the law governing the Olympics in the United States calls on public funding for the embattled U.S. Center for SafeSport while also forming a new government office to oversee grassroots sports that have long been attached to the Olympics themselves.
Federal Reserve's Powell: Regulatory proposal criticized by banks will be revised by end of year
A sweeping bank regulatory proposal will be significantly revised by yearโs end, Federal Reserve Chair Jerome Powell said Thursday, a potential victory for the large banks that have aggressively opposed the likely changes.
Congress' top China critics arrive in Taiwan for a visit that's sure to draw scrutiny from Beijing
Some of the U.S. Congress' staunchest critics of China are visiting Taiwan in a show of support that's certain to draw scrutiny from Beijing, which views such interactions as a challenge to its claim of sovereignty over the island.
Treasury rolls out residential real estate transparency rules to combat money laundering
The Biden administration wants to make residential real estate transactions more transparent โ by unmasking the owners of all-cash purchases as part of its ongoing effort to combat money laundering and the movement of dirty money through the American financial system.
CEOs of the nation's biggest banks warn that new regulations could harm the economy
The heads of Wall Streetโs biggest banks used an appearance on Capitol Hill to plead with senators to stop the Biden administrationโs proposed changes to how banks are regulated, warning that the proposals could negatively impact the economy at a time of geopolitical turmoil and inflation.
Key Fed official sees possible 'golden path' toward lower inflation without a recession
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, suggested that the economy appears to be on what he calls the โgolden path,โ another term for what economists often term a โsoft landing,โ in which the Fed would curb inflation without causing a deep recession.
More than 300 are arrested in a Capitol Hill protest urging a cease-fire in the Israel-Hamas war
More than 300 people were arrested for illegally demonstrating and three people were charged with assaulting police after protesters descended on Capitol Hill to call for a cease-fire between Israel and Hamas.
New rules aim to make foster care with family easier, provide protection for LGBTQ+ children
The Biden administration is moving to make it easier for caregivers to take in family members in the foster care system, requiring states to provide them with the same financial support that any other foster home would receive.
Ocasio-Cortez endorses Biden's reelection campaign, sending a strong signal of Democratic unity
Democratic Rep. Alexandria Ocasio-Cortez has endorsed President Joe Bidenโs reelection campaign, a sign of the presidentโs strength in uniting his party to have the backing of one of its most liberal members.
US, Chinese trade officials express concern about each other's restrictions
Commerce Secretary Gina Raimondo and her Chinese counterpart, Wang Wentao, have expressed concern about policies of each otherโs governments following Chinese raids on consulting firms and U.S. restrictions on exports of semiconductor technology.
State Department offers Republican lawmaker a chance to view Afghanistan dissent cable
The State Department is offering to allow the Republican chairman of the House Foreign Affairs Committee to view a classified cable from U.S. diplomats in Kabul sent shortly before the chaotic withdrawal from Afghanistan.
Supreme Court to review Democratic lawmakers' suit over Trump hotel lease
The Supreme Court has agreed to hear a Biden administration appeal to limit lawsuits filed by members of Congress against the federal government, in a case that stems from disputes over what was the Trump International Hotel in Washington.
Supreme Court sides with ex-Cuomo aide, others convicted of corruption related to 'Buffalo Billion'
The Supreme Court has ruled for a onetime top aide to ex-New York Gov_ Andrew Cuomo and for others who were convicted of corruption related to an economic development project known as the โBuffalo Billion.โ.
US officials seek to crack down on harmful AI products
The federal government will โnot hesitate to crack downโ on harmful business practices involving artificial intelligence, the head of the Federal Trade Commission warned Tuesday in a message partly directed at the developers of widely-used AI tools such as ChatGPT.
Republican effort to undo VA abortion rule fails in Senate
The Senate has rejected a Republican effort to reverse a Department of Veterans Affairs policy that would expand some abortion services to veterans regardless of state laws, a victory for President Joe Biden and Democrats who say the services are necessary medical care.