Federal Reserve Chair Jerome Powell warned Wednesday that a Supreme Court showdown over sitting Fed governor Lisa Cook could have far-reaching consequences for the central bank’s independence and the U.S. economy. ‘I would say that that case is perhaps the most important legal case in the Fed’s 113-year history. As I thought about it, it
President Donald Trump on Wednesday nominated federal prosecutor Colin McDonald to serve in the newly formed role of assistant attorney general for national fraud enforcement. McDonald is currently serving as an associate deputy attorney general at the Department of Justice. ‘I am pleased to nominate Colin McDonald to serve as the first ever Assistant Attorney
Shipping in the Persian Gulf dipped sharply Wednesday as tensions with Iran intensified amid signs the U.S. was positioning military forces for a potential strike, according to maritime intelligence assessments. The U.S. Navy’s USS Abraham Lincoln Carrier Strike Group entered the U.S. Central Command area of responsibility Monday, a U.S. official confirmed to Fox News
The U.S. Capitol Police told Fox News Digital one person was arrested for disrupting Secretary of State Marco Rubio on Wednesday during his Senate Foreign Relations Committee hearing on Capitol Hill. The individual was escorted from the hearing room at the Dirksen Senate Office Building as Rubio was about to deliver his opening statement about
The U.S. will ‘very quickly’ reopen its embassy in Venezuela and establish a diplomatic presence on the ground, according to Secretary of State Marco Rubio. ‘We have a team on the ground there assessing it, and we think very quickly we’ll be able to open a U.S. diplomatic presence on the ground,’ Rubio told members
A former staffer for Sen. Rick Scott, R-Fla., is launching his own congressional bid on Thursday, Fox News Digital has learned. Republican Austin Rogers is formally jumping into the race for Florida’s 2nd Congressional District, a solidly Republican seat encompassing part of the Sunshine State’s panhandle. It’s currently being represented by Rep. Neal Dunn, R-Fla.,
Democratic Sen. Tammy Duckworth of Illinois fired back at Vice President JD Vance after he likened her sparring session with Secretary of State Marco Rubio during a Senate Foreign Relations Committee hearing about America’s Venezuela policy to an argument between the fictional character Forrest Gump and Isaac Newton. ‘Watching Tammy Duckworth obsessively interrupt Marco Rubio
China executed 11 people convicted of intentional homicide, fraud and other crimes linked to a cross-border scam operation, after the country’s top court approved their death sentences, authorities said Thursday. The announcement was published on the webiste for the Supreme People’s Procuratorate, China’s highest state body responsible for criminal prosecution and oversight. The executions followed
A pair of Senate Republicans are demanding that Department of Homeland Security (DHS) Secretary Kristi Noem lose her job in the wake of a pair of fatal shootings in the midst of the agency’s immigration operations in Minnesota. Sens. Lisa Murkowski, R-Alaska, and Thom Tillis, R-N.C., are no strangers to being critical of the Trump
A Minnesota fraud scandal is a ‘canary in the coal mine’ for how easily swindles can seep into government systems — including election administration — Republican election attorney Justin Riemer told Fox News Digital. ‘What you’ve seen happen in Minnesota and now similar fraudulent schemes in other states, this should be very much a canary