Tag: Congress
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...
Jha: Biden to end COVID-19 emergencies on May 11 because country...
WASHINGTON – Dr. Ashish K. Jha, dean of the Brown University School of Public Health who is the White House COVID-19 Response coordinator, tweeted...
Business groups urge Congress to block potential rail strike
OMAHA, Neb. (AP) – Business groups are increasing the pressure on lawmakers to intervene and block a railroad strike before next month's deadline in...
U.S. employers keep hiring at solid pace, adding 261,000 jobs
WASHINGTON (AP) – America's employers kept hiring briskly in October, adding a substantial 261,000 positions, a sign that as Election Day nears, the economy...
Capital Good Fund calls for passage of Inflation Reduction Act
PROVIDENCE – A city-based community development financial institution is among the organizations calling for passage of the Inflation Reduction Act.
In a joint statement signed...
Biden tapping oil reserve for 6 months to control gas prices
WASHINGTON (AP) – President Joe Biden on Thursday ordered the release of 1 million barrels of oil per day from the nation's strategic petroleum...
Morgenthau latest R.I. Democrat to run for U.S. Congress
PROVIDENCE – A former member of then Gov. Gina M. Raimondo’s Homeland Security Advisory Board and current deputy assistant secretary for travel and tourism...
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