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Fed raises interest rates for first time since 2023, defying Trump as inflation mounts – nbcnews.com
news AlertsThere are no new alerts at this timeThe Federal Reserve raised its benchmark interest rates for the first time since 2023 on Wednesday in a move aimed at slowing inflation that picked up again last month.The Fed’s hike of 0.25% brings the central bank’s flagship rate to between 3.75% and 4.00%. The Fed’s policymakers […]
House passes Russia sanctions bill named for Lindsey Graham, sending it to Trump – nbcnews.com
news AlertsThere are no new alerts at this timeWASHINGTON — The House voted Wednesday to pass a major bill aimed at imposing sanctions on Russia and Iran, sending it to President Donald Trump for his signature.The vote was 262-159.The 61-page legislation, which passed the Senate 86-11 last month, was named the Lindsey O. Graham Sanctioning […]
House passes bill to shield consumers from data center price hikes on energy – nbcnews.com
news AlertsThere are no new alerts at this timeWASHINGTON — Under pressure to act on unpopular data centers, the House overwhelmingly passed bipartisan legislation Wednesday aimed at shielding consumers from higher energy costs when new data centers are built in their communities.The vote was nearly unanimous, 417-3, with the only opposition coming from progressive Reps. […]
US lawmakers pass bill giving Trump more power to sanction Russia and its enablers – theguardian.com
Act divides Democrats and Republicans, with some saying it gives president power that could be turned against US alliesThe US Congress has passed a sweeping bill allowing Donald Trump to raise tariffs on top buyers of Russian energy and issue other punishing sanctions against the Kremlin following a pitched battle between lawmakers backing Ukraine and […]