President Biden has chosen to keep Jerome Powell in place for a second term as Federal Reserve chairman - a move that's likely to reassure financial markets, despite opposition from some progressive members of the president's own party.
Biden also nominated Fed governor Lael Brainard to serve as Vice Chair. Brainard had been seen as a leading contender to replace Powell.
The Senate will move forward as soon as Wednesday on President Joe Biden’s $1.9 trillion coronavirus relief package, with Majority Leader Chuck Schumer predicting Monday that the chamber would face “some late nights” ahead this week.
Democrats are racing to pass the Covid aid package into law before March 14…
Homeland Security Secretary Alejandro Mayorkas on Monday defended the Biden administration’s handling of unaccompanied migrant children at the border against growing criticism, saying he hopes to give families separated under President Donald Trump the option to reunite in the U.S. while blaming the prior administration for having “gutted” the immigration system.
The Trump administration also took on a policy called “zero-tolerance” which resulted in the separation of thousands of migrant parents from their children. Hundreds remain separated to date and — among his first actions on immigration — Biden created a task force chaired by Mayorkas to reunite the separated families.
A third woman has alleged unwanted advances by New York Gov.
Andrew Cuomo. Anna Ruch told the New York Times Monday that Cuomo placed his hands on her face during a wedding reception in New York City in September 2019 and “asked if he could kiss her.” …
Sen. Mitt Romney was knocked unconscious and taken to the hospital for “a lot of stitches” on his eyebrow and eyelid after a fall over the weekend, he told reporters Monday.
“I’m doing better,” the Utah Republican said on Capitol Hill, telling reporters he “took a fall” while visiting his grandchildren in Boston. He wasn’t kept in the hospital overnight.
Romney wouldn’t say what he was doing when he fell, but he joked about the Conservative Political Action Conference, where former President Donald Trump had singled him out — despite his absence — to criticize him. “Oh my goodness. I went to CPAC. That was a problem,” the senator said.
The House passed the $1.9 trillion stimulus bill over the weekend. The proposal now heads to the Senate in a race to approve the massive coronavirus relief bill before certain programs are set to expire before the end of the month.
The package includes $1,400 stimulus checks, $400 payments in…
The former president and first lady were both vaccinated at the White House in January, a Trump adviser told The New York Times and Axios. During his speech at CPAC on Sunday, Trump said that “everybody” should get the COVID-19 vaccine, the first time he’s encouraged his supporters to do so.
New York Gov. Andrew Cuomo acknowledged for the first time Sunday that some of his behavior with women had been “misinterpreted as unwanted flirtation,” and said he would cooperate with a sexual harassment investigation led by the state’s attorney general.
In a statement released amid mounting criticism from within his…
