Tag: Congress
Fitch downgrades U.S. credit rating, citing mounting debt and political divisions
WASHINGTON (AP) – Fitch Ratings has downgraded the United States government's credit rating, citing rising debt at the federal, state, and local levels and...
Autiello ends campaign for 1st Congressional District seat
PROVIDENCE – Nick Autiello’s quest for Congress has come to an end.
The Democratic candidate who is a vice president for Boston-based financial firm State...
15 candidates gain enough signatures to get on congressional election ballot
PROVIDENCE – Thanks to voter signatures, the large field of candidates looking to succeed David N. Cicilline in the U.S. House has been cut...
Supreme Court rejects Biden’s plan to wipe away $400B in student...
WASHINGTON (AP) – A sharply divided Supreme Court on Friday effectively killed President Joe Biden's $400 billion plan to cancel or reduce federal student...
Yellen says bank situation stabilizing, different from 2008
WASHINGTON (AP) – Treasury Secretary Janet Yellen projected calm on Tuesday after recent regional bank collapses but told a gathering of bankers that additional...
Biden budget aims to cut deficits nearly $3T over 10 years
WASHINGTON (AP) – President Joe Biden's upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade, according to an...
Powell signals increased rate hikes if economy stays strong
WASHINGTON (AP) – The Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously...
Inflation pressures put Powell in spotlight before Congress
WASHINGTON (AP) – When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly...
Survey: R.I. residents trusted state, local governments more than federal in...
PROVIDENCE – Rhode Island residents had more faith in their state and local governments than they did in federal lawmakers in handling the COVID-19...
Walsh to leave Biden Cabinet for NHL union
WASHINGTON (AP) – U.S. Labor Secretary Marty Walsh is expected to leave the Biden administration to run the National Hockey League Players' Association, according...
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