Key Republicans are warning President Biden not to nominate Richard Cordray, a progressive and former director of the Consumer Financial Protection Bureau, to be the top banking regulator on the Federal Reserve.Driving the news: Sen. Pat Toomey (R-Pa.) is indicating the GOP will use a potential Cordray nomination to re-litigate his tenure at the CFBP, an agency devised by Sen. Elizabeth Warren (D-Mass.) and fiercely opposed by most Republicans.Get market news worthy of your time with Axios Marke
The committee's chairman previously threatened to refer Meadows to the Justice Department for criminal contempt of Congress after he failed to comply with a subpoena issued back in September.
The former president urged the GOP to use the debt ceiling as a political weapon. That could cause a debt default, endangering the recovering economy.
After Omar was called “the jihad squad,” GOP leaders are told: “Condemning this should not be a partisan issue. This is about our basic humanity.”
Dr. Mehmet Oz, the celebrity cardiac surgeon, announced Tuesday that he will join the Republican primary race for the U.S. Senate seat in Pennsylvania. Why it matters: The race to replace Sen. Pat Toomey (R-Pa.), who is retiring at the end of his term, is expected to be one of the most competitive and could determine control of the Senate in next year's election. Get market news worthy of your time with Axios Markets. Subscribe for free.The big picture: Oz had previously expressed interest in ru
Wisconsin Republicans are working to discredit the bipartisan system they created to run elections in the state after President Joe Biden narrowly won last year's presidential race, making the political battleground the latest front in the national push by the GOP to exert more control over elections. Wednesday will bring a flurry of election-related developments in the state, with both the Wisconsin Elections Commission and a partisan legislative panel dissecting the 2020 presidential election. At the same time, Republican lawmakers are continuing to attack the state’s well-regarded election administrator in a pressure campaign to have her resign, an apparent attempt to install a GOP partisan in the position ahead of next year's midterm elections.
WASHINGTON (Reuters) -U.S. appeals court judges on Tuesday signaled skepticism toward former President Donald Trump's bid to keep records about his conversations and actions before and during the deadly Jan. 6 Capitol riot by a mob of his supporters away from congressional investigators. A three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit heard a three-hour oral argument in Trump's appeal of a judge's decision that the records should be turned over to a House of Representatives committee. Judge Ketanji Brown Jackson questioned why Trump should be able to challenge and overrule President Joe Biden's determination that the records should be handed over.
House Majority Leader Steny Hoyer (D-Md.) on Tuesday said House leadership is considering whether to take action against Rep. Lauren Boebert (R-Colo.) for her "harmful and dangerous" comments implying Rep. Ilhan Omar (D-Minn.) is a terrorist threat.Why it matters: House Democrats have increasingly taken it upon themselves to dole out discipline to GOP members for inflammatory rhetoric this year, which Republicans warn will fundamentally alter how Congress conducts its internal affairs.Get market
A Department of Interior report released on Friday found that taxpayers are being shortchanged by a federal oil and gas leasing program that consistently undercharges fossil fuel companies.
First Read is your briefing from "Meet the Press" and the NBC Political Unit on the day's most important political stories and why they matter.
ROSEMOUNT, Minn. (Reuters) -U.S. President Joe Biden, racing to stay ahead of a new COVID-19 variant and rising inflation, traveled to Minnesota on Tuesday to tout the benefits of his $1-trillion infrastructure law and push passage of a separate $1.75-trillion spending measure. Since signing the bipartisan infrastructure bill on Nov. 15, Biden has made visits to Michigan, Pennsylvania and New Hampshire to tout its benefits and help turn around slumping poll numbers for himself and the Democratic Party. On Tuesday, Biden visited Dakota County Technical College in Rosemount, a suburb near Minneapolis and St. Paul, which has programs to teach students welding, electrical construction, project management and a host of other jobs Biden says will benefit from the billions of dollars the infrastructure bill invests in roads, bridges and broadband expansion.
A suburban Detroit office of U.S. Rep. Debbie Dingell has been broken into and ransacked, with memorabilia belonging to her late husband and longtime Congressman John Dingell damaged. Dingell reported the break-in at the office in Dearborn on Monday and said it was being investigated by local and U.S. Capitol police. “Our door and windows were smashed and memorabilia – especially John’s items – was broken,” said Dingell, a Democrat who represents Michigan's heavily Democratic 12th Congressional District.
Chris Cuomo has previously acknowledged involvement in his brother's response to allegations, but the new documents shed light on his day-to-day communications with a top aide to the governor.
Sources tell Guardian Trump pressed lieutenants at Willard hotel in Washington about ways to delay certification of election result Donald Trump on the afternoon of 6 January. Multiple sources described Trump’s involvement in the effort to subvert the election result. Photograph: Mandel Ngan/AFP/Getty Images Hours before the deadly attack on the US Capitol this year, Donald Trump made several calls from the White House to top lieutenants at the Willard hotel in Washington and talked about ways t
U.S. District Judge Matthew Schelp said Congress did not authorize the Centers for Medicare and Medicaid Services to enact the vaccine rule.
Who decides what presidential documents should remain confidential? That’s the fundamental question a three-judge federal appeals panel grappled with Tuesday in former President Donald Trump’s case to prevent a House committee from receiving records from his administration.
A conservative group is targeting Dale Ho, President Biden’s judicial nominee to serve on the Southern District Court of New York, with a six-figure ad buy — launching the first TV campaign against a Biden court pick.Why it matters: The Supreme Court is set to hear a Mississippi abortion law case on Wednesday, and conservatives and progressives are bracing for the political fallout from additional legal showdowns, as well as a battle over the president’s effort to fill some 70 vacancies througho
In a statement, former President Donald Trump once again referred to the CNN anchor as "Fredo," a term Cuomo has said is comparable to the n-word.
Data: Quorum; Chart: Kavya Beheraj/Axios Both of the Democrats' vulnerable Arizona senators have been some of the most active lawmakers in hyping "infrastructure" in their press releases, newsletters, tweets and Facebook posts.Why it matters: Democrats are hopeful their successes on roads, bridges — and, possibly, expanding the social safety net — will lessen losses they're expecting in the 2022 midterms. The social media activity has been tracked since President Biden signed the $1.2 trillion b
Centrist Democrats are pushing President Biden to suspend the federal gas tax as a way of showing concern about inflation.Why it matters: It's the strongest response yet from Democrats as Republicans make inflation a key part of their 2022 campaign messaging — but so far it's largely coming from candidates, not party leaders in Washington.Get market news worthy of your time with Axios Markets. Subscribe for free.Historically, opponents of the federal gas tax have argued it's regressive and dispr
The home in question on Florida's Jupiter Island was sold to a resident of a nearby community, not Pelosi or anyone associated with her.
A federal judge on Tuesday blocked the Biden administration from enforcing a coronavirus vaccine mandate for health care workers at federally funded facilities nationwide. The big picture: The order comes one day after a federal judge in Missouri halted the mandate, which has a Jan. 4 deadline, in 10 states.Get market news worthy of your time with Axios Markets. Subscribe for free.What he's saying: Judge Terry Doughty of the U.S. District Court for the Western District of Louisiana wrote in Tues
Regulators of Texas' oil and gas industry that buckled during February's deadly freeze moved Tuesday toward making some producers more prepared for cold weather, but not in time for this winter as the nation's power grid monitor warned the state is still at risk of blackouts. Republican Gov. Greg Abbott is guaranteeing the lights will stay on this winter.
“I know it doesn’t feel like it, but inflation is both a feature and a bug of a normalizing economy.”
“What is not going to work, and hasn’t worked, is trying to talk people out of the lived reality of higher prices.”
“When inflation expectations rise, actual inflation tends to follow.”
“The Fed must acknowledge that its monetary policy has been a source of inflation, and that it will need to raise interest rates.”
“The supply chain logjams are the core of the problem right now, and that should work itself out over time.”