Federal Reserve Holds Interest Rates Steady At Warsh’s First Meeting
The decision, approved unanimously by the Federal Open Market Committee, reflects the central bank’s view that inflation remains elevated relative to its long-term target of 2%.
Budget
White House Ballroom Cost Estimate Climbs To $600 Million
According to internal project documents, the rising estimate reflects the scale and complexity of the planned facility, which is intended to host large official events and state functions.
Senate Rejects Early Effort To Restrict $1.8 Billion Trump Fund
Chuck Schumer led the challenge, introducing the first in a series of amendments aimed at addressing concerns surrounding the fund.
Gold’s Grim Message
Central banks’ purchases and repatriation of gold are on the rise, and both should be viewed as a symptom of deglobalization. They signal the advent of a more geopolitically fragmented world in which cross-border transactions of all kinds are poised to become more difficult and costly.
A Liberal Sounds The Alarm On Blue Cities
As budgets swell, populations shrink and taxes climb, Fareed Zakaria questions whether America’s largest cities are delivering value for what they spend.
The $1 Trillion Schumer Shakedown
Have you no shame? We sent you to govern a nation, not ransom it for politics.
