The midterm elections could reshape Congress as lawmakers grapple with persistent inflation, high energy prices and rising fiscal debt. For investors, by contrast, the political outcome could deliver a boost. Data from financial firm Edward Jones shows that the S&P 500 stock index rose an average of 1.7% in the month after the last 14 midterm races,…
Sioux City, Iowa — Less than 24 hours after President Trump held a raucous rally inside an airplane hangar in this western Iowa town, Senate Majority Leader John Thune stood alongside Rep. Ashley Hinson in a strip-mall bar and grill a few miles away. Looking out over a giant water tank that punctuated the flat…
The White House has a new chief liaison to Congress as midterms approach and control of the legislative branch is in the balance. President Trump offered Katie Bailey the position of director of the Office of Legislative Affairs on Friday, and she accepted, according to multiple sources. Bailey will replace James Braid, who stepped down last month,…
Democratic Sen. John Fetterman of Pennsylvania said Saturday that it’s “entirely possible” his party could win control of the Senate in the midterm elections, but he also left the door open on his own political future. “Let’s revisit after the midterm,” Fetterman told CBS News’ Major Garrett at the Texas Tribune Festival in Austin. Democrats…
Kansas City, Missouri — Vice President JD Vance announced Monday the Trump administration will suspend roughly 870,000 people suspected of defrauding pandemic-era small business programs from receiving future federal loans. The vice president contended that borrowers who stole taxpayer money should no longer be eligible to receive loans from government-backed programs. “If you screwed the…
0m ago Iran-backed Houthi group reports over 30 strikes across Yemen Yemen’s Iran-backed Houthis reported more than 30 Saudi strikes on several regions on Wednesday, a day after the rebels launched major attacks on their neighbor, injuring dozens of people. There has been no official comment from Saudi Arabia about the Houthi report. Saudi…
Two weeks after youth-led protests forced India’s education minister to resign, Prime Minister Narendra Modi’s government is grappling with the fallout from one of its toughest political challenges in years. Led by the online Cockroach Janta Party (CJP), the demonstrations spread from New Delhi to other cities, broadening from anger over exam irregularities into a…
Washington — The Senate approved a continuing resolution on Saturday to keep the government funded through Dec. 11, sending the bill to the House as Congress looks to avoid a government shutdown ahead of the midterm elections this fall. In a 90 to 6 vote, the Senate approved the measure, which would keep the government…
Washington — The Senate is set to move ahead Monday with a plan to keep the government funded beyond the midterm elections as lawmakers work to avoid another costly shutdown this fall. Senate appropriators unveiled the continuing resolution on Sunday, which would keep the government funded at current levels, with some exceptions, through Dec. 11….
Washington — Another deadline to fund the government is looming this fall in Congress, with members fresh off a series of shutdown fights that have left them eager to avoid another costly impasse ahead of the midterm elections. But as lawmakers warn about the coming funding cliff, they have yet to agree on a path…
