U.S. Treasury Secretary Scott Bessent is proposing changes to the Financial Stability Oversight Council.
Internal Pentagon figures show the number of major accidents involving military aircraft spiked in 2024.
Senate Democratic leader Chuck Schumer led his caucus and the country into a record-breaking government shutdown and voted against reopening when some of his members defected.
The cryptocurrency industry spent millions last year to unseat a longtime critic, Democratic Sen. Sherrod Brown in Ohio, and install its allies in Washington.
Defense Secretary Pete Hegseth has dashed the hopes of Native American communities that long sought the removal of military honors for the soldiers involved in the Wounded Knee Massacre.
Lawmakers have left Washington for the annual August recess, but a few weeks of relative quiet at the U.S. Capitol can’t mask the partisan tensions that are brewing on government funding and President Donald Trump’s nominees.
The House has passed two bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U_S_ the “crypto capital of the world.”.
The Massachusetts assisted-living facility where a fatal fire killed nine people was caring for dozens of aging residents reliant on wheelchairs and oxygen tanks, but it lacked the safety measures and most of the staffing requirements that are commonplace in nursing homes.
Once a powerful watchdog for financial wrongdoing, the Consumer Financial Protection Bureau has seen its enforcement efforts grind to a halt under the Trump administration.
Senate Republicans have proposed cutting the Consumer Financial Protection Bureau’s funding by nearly half.
Republicans have hit a roadblock in an effort that could deter nonprofits, individuals and others from filing lawsuits to block President Donald Trump’s executive actions.
Republicans have suffered a setback over their plans to gut the Consumer Finance Protection Bureau in President Donald Trump's big bill.
Senate Democrats were shaken to the core after seeing videos of officers aggressively pushing California Sen. Alex Padilla out of a news conference with the Homeland Security secretary and eventually restraining him on the floor outside the room.
Donald Trump's lawyer says that the president suffered “mental anguish” from CBS News' editing of an interview last fall with his Democratic election opponent Kamala Harris.
Brazilian meat giant JBS has come a step closer to its long-held goal of trading its shares on the New York Stock Exchange.
A former congressman who sponsored legislation to abolish the IRS and is now the nominee to lead that agency has faced pointed questions from senators.
The Senate has voted to move forward with legislation to regulate a form of cryptocurrency called stablecoins, two weeks after Democrats blocked the measure.
A decade ago, Alexandria Ocasio-Cortez was a volunteer organizer for Vermont Sen. Bernie Sanders' presidential campaign.
President Donald Trump on Friday floated cutting tariffs on China to 80% ahead of a weekend meeting as he looks to de-escalate the trade war.
Senate Democrats have blocked legislation to regulate a form of cryptocurrency after arguing that the bill needed stronger protections.
Senate Republicans have narrowly voted down a Democratic resolution that would have blocked global tariffs announced by Donald Trump earlier this month, giving the president a modest win Wednesday as lawmakers in both parties have remained skeptical of his trade agenda.
Former Democratic U.S. Rep. Wiley Nickel of North Carolina has announced himself as a candidate to try to unseat Republican Sen. Thom Tillis in 2026.
The political battle lines are drawn for a debate in Washington and beyond over a Republican budget plan that’s a cornerstone of President Donald Trump’s domestic agenda.
The nominee to lead the Social Security Administration has faced tough questions at his confirmation hearing about efforts by the Department of Government Efficiency to shut down field offices and cut back on phone service.
A Trump Cabinet secretary violated the law when he told TV viewers this week to buy Tesla stock, but it's not clear that anything will be done about it.
Senate Democrats were grim Friday as they left Washington after a brutal 10-week stretch that consistently showed the limits of their new minority and culminated with a deeply personal rupture over how to best counter President Donald Trump.
Democratic lawmakers are demanding answers from Trump adviser Elon Musk about whether Department of Government Efficiency staffers have shared national security secrets over insecure communication channels.
President Donald Trump says “nobody has ever seen anything” like his administration’s sweeping effort to fire thousands of federal employees and shrink the size of government.
The budget resolution from Republicans was on the agenda in the Senate, but the nearly all-night debate encompassed so much more.
The Consumer Financial Protection Bureau is in the crosshairs of a White House that has halted its work, closed its headquarters and fired dozens of its workers.
On Politics and Power, News4JAX anchor Bruce Hamilton and political analyst Mike Binder from UNF get to the bottom line of the issues around an unelected Elon Musk wielding political power despite glaring conflicts of interest.
Federal Reserve Chair Jerome Powell says Americans’ bank accounts are safe despite the Trump administration’s shutdown of a consumer financial regulatory agency.
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal.
Democratic lawmakers are seeking a Treasury Department investigation of the access that Elon Musk’s team was given to the government’s payment system.
President Donald Trump has fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of a Biden administration holdover.
A new memo says the Defense Department will no longer reimburse service members for travel out of state to get reproductive health care, including abortions and fertility treatments.
The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, text — anything, really — from the Trump administration to say if he’s getting fired.
Senators vetting the nomination of Pete Hegseth for defense secretary have received an affidavit from a former sister-in-law alleging that the onetime Fox News was abusive to his second wife to the point where she feared for her safety.
The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald Trump's new administration.
U.S. Treasury nominee Scott Bessent is facing sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut.
Defense secretary nominee Pete Hegseth will publicly face senators on Tuesday for the first time after weeks of privately pushing back on criticism over his qualifications and personal past.
Some current and former defense leaders and veterans are questioning whether Pete Hegseth would be able to enforce discipline in the ranks if the Senate confirms him as President-elect Donald Trump's defense secretary.
Sen. Elizabeth Warren is pressing Pete Hegseth, President-elect Donald Trump’s pick for defense secretary, to answer additional questions about his past actions and statements before next Tuesday’s confirmation hearing.
Senate Democrats reelected Chuck Schumer as party leader on Tuesday as the party moves into a deeply uncertain time, with no real consensus on a strategy as President-elect Donald Trump prepares to take office.
An Osprey flying as part of the presidential squadron used to ferry White House staff and government officials from an event in New York Monday was grounded due to a safety concern, with one witness reporting flames under the right engine.
Two U.S. senators have asked the Department of Justice to take tougher action against Boeing executives for safety issues that have impacted its airplanes.
The Biden administration has proposed a new rule that would require the largest U.S. companies to pay at least 15% of their profits in taxes.
Massachusetts U.S. Sens. Edward Markey and Elizabeth Warren are among several political leaders who are attacking the leader of a troubled health care system for refusing to comply with a subpoena to appear before a Senate committee.
Massachusetts Republicans will choose candidates to challenge U.S. Sen. Elizabeth Warren and U.S. Rep. Stephen Lynch in state primaries on Tuesday.
The fourth and final night of the Democratic National Convention is underway, culminating with Vice President Kamala Harris accepting her party’s nomination for president.
Three Massachusetts lawmakers are pressing Defense Secretary Lloyd Austin to ground the V-22 Osprey aircraft again until the military can fix the root causes of multiple recent accidents, including a deadly crash in Japan.
President Joe Biden says the Supreme Court's rejection of a conservative-led attack that could've undermined the Consumer Financial Protection Bureau is “an unmistakable win" for consumers.
Consumer groups are pushing Congress to uphold automatic refunds for airline passengers whose flights are canceled or delayed for several hours.
A new directive by President Joe Biden is appearing to ease a split among Democrats over his military support for Israel’s war in Gaza.
Congress is racing to wind down a tax break meant to encourage businesses to keep workers on the payroll during the COVID-19 pandemic.
The heads of Wall Street’s biggest banks used an appearance on Capitol Hill to plead with senators to stop the Biden administration’s proposed changes to how banks are regulated, warning that the proposals could negatively impact the economy at a time of geopolitical turmoil and inflation.
Demonstrators seeking a cease-fire in Gaza blocked bridges on both sides of the U.S., including a major span into San Francisco during a global trade summit with President Joe Biden and other world leaders.
Senate Majority Leader Chuck Schumer and other Democratic senators are urging federal regulators to investigate multibillion-dollar acquisitions by oil giants ExxonMobil and Chevron, saying the deals could lead to higher prices at the gas pump.
The Supreme Court seems likely to preserve the work of the Consumer Financial Protection Bureau against a conservative-led challenge.
U.S. Sen. Dianne Feinstein’s death creates a vacancy in the Senate at a time when Democrats hold the slimmest majority in the chamber.
Congressional Democrats are accusing big tax preparation firms including Intuit and H&R Block of undermining the federal government’s upcoming electronic free file tax return system.
President Joe Biden’s pick to serve as America’s top military officer is warning senators of the difficulties posed by any potential conflict in Asia and describing how he would use lessons learned from the Ukraine war to help the U.S. military prepare.
A group of Democratic senators is asking the Consumer Financial Protection Bureau to take action against medical credit cards such as CareCredit, saying the cards’ deferred interest features are confusing and often lead to consumers paying high interest rates after a promotional period has ended.
Top executives at Silicon Valley Bank and Signature Bank largely avoided taking responsibility for their banks’ dramatic failures at a Senate hearing Tuesday, instead using their time to assign blame to events they said were largely out of their control.
An anthropology professor at the University of California, Berkeley, whose identity as Native American had been questioned for years has apologized for falsely identifying as Indigenous, saying she is “a white person” who lived an identity based on family lore.
How best to manage Chicago’s financial challenges is among the many issues separating Democrats Brandon Johnson and Paul Vallas heading into the April 4 runoff for mayor.
Billionaire Warren Buffett said critics of stock buybacks are “either an economic illiterate or a silver-tongued demagogue” or both and all investors benefit from them as long as they are made at the right prices.
A push by West Virginia Sen. Joe Manchin to speed permits for natural gas pipelines and other energy projects has failed in the current Congress, but could come back as soon as next month.
Whether increased regulation would have prevented the spectacular collapse of cryptocurrency exchange FTX was fiercely debated at a hearing of the Senate’s banking committee Wednesday.
Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report issued Monday by the office of Sen. Elizabeth Warren, giving the public its first glimpse into the growing problems at Zelle.
