Federal Reserve Chair Jerome Powell warns inflation fight will be long and bumpy

Speaking before the Senate Banking Committee, Powell warned the central bank may have to raise interest rates even more, sending stock markets sharply lower.
Speaking before the Senate Banking Committee, Powell warned the central bank may have to raise interest rates even more, sending stock markets sharply lower.
Robert F. Kennedy, Jr. wins confirmation to be President Trump's secretary of the Department of Health and Human Services. The vote was 52 to 48.
Several NATO allies stressed that Ukraine and Europe must not be cut out of any peace talks, as Defense Secretary Pete Hegseth denied that the U.S. is betraying Ukraine.
Sen. Ted Cruz, R-Texas, says the National Science Foundation has given money to thousands of "woke DEI" studies. Researchers say that's misrepresenting science and disparaging important research.
McMahon's confirmation proceedings are likely to focus on how she would handle President Trump's plans to dissolve the U.S. Education Department.
McMahon's confirmation proceedings are likely to focus on how she would handle President Trump's plans to dissolve the U.S. Education Department.
After the Watergate scandal, the political establishment ushered in a wave of reforms meant to constrain the president. Many have already fallen by the wayside, and Trump is challenging what's left.
After the Watergate scandal, the political establishment ushered in a wave of reforms meant to constrain the president. Many have already fallen by the wayside, and Trump is challenging what's left.
After the Watergate scandal, the political establishment ushered in a wave of reforms meant to constrain the president. Many have already fallen by the wayside, and Trump is challenging what's left.
After the Watergate scandal, the political establishment ushered in a wave of reforms meant to constrain the president. Many have already fallen by the wayside, and Trump is challenging what's left.