One critic of Jelena McWilliams said her departure from the federal agency is “good news for financial stability, and the rule of law.” What has been described as both “open lawlessness” and a “partisan brawl” came to an end Friday when Federal Deposit Insurance Corporation Chair Jelena McWilliams—an appointee of former President Donald Trump—revealed she is […]
The Biden administration and congressional Democrats are facing what may be the most politically fraught moment since they took unified control of Washington in January. Lawmakers are battling to avoid a potential government shutdown and a default on the national debt at the same time that Democratic infighting is endangering two pieces of legislation meant […]
Sen. Bernie Sanders slammed Republicans for complaining about Democrats’ use of budget reconciliation, noting that the GOP recently used the same process to force through massive tax cuts for the rich. The U.S. Senate approved a $3.5 trillion budget blueprint with a party-line vote in the early hours of Wednesday morning, a key step toward passage […]
“Democrats in the Senate can have a functional democracy or the filibuster, but not both.” Voting rights advocates on Tuesday condemned Senate Republicans for blocking debate on the For the People Act, a sweeping pro-democracy bill, in a widely anticipated 50-50 vote that bolstered progressives’ arguments for combating GOP obstruction by killing the filibuster. The Democrat-led House passed a version of the popular bill […]