Welcome to The Hill’s Business & Economy Newsletter {Beacon} Business & Economy Business & Economy The Big Story Powell has promised to stay at the Fed while the DOJ investigation continues. The Fed chief made it clear on Wednesday that he will not go anywhere until the Justice Department concludes its criminal case against him…
Senator Alex Padilla (D-Calif.) vowed Wednesday to “rework” a bill he introduced last year that proposed the creation of a national park dedicated to Cesar Chavez, after The New York Times revealed multiple allegations of sexual abuse against the late civil rights leader. “We’re going to rework that piece of legislation,… Source link
The FBI is investigating Joe Kent, the former director of the National Counterterrorism Center, who resigned earlier this week in protest of America’s ongoing war with Iran, over allegedly leaking classified information, The Hill’s affiliate network confirmed on Wednesday. Kent, a top aide to Director of National Intelligence Tulsi, was under investigation by the agency…
Former Israeli Ambassador to the United Nations Gilad Erdan said on Wednesday that he does not think the US-Israel conflict with Iran will last six months. “From our perspective, removing the threat to global security, and certainly to Israel, because for Israel, Iran is an existential threat, it is also worth the next six months….
Attorney General Pam Bondi and Deputy Attorney General Todd Blanch held a closed-door meeting Wednesday with lawmakers on the House Oversight Committee on files related to convicted sex offender Jeffrey Epstein, which did not go over well with Democrats as Bondi faced a subpoena from the committee. “We were told 24 hours ago, the Attorney…
Senate Republicans on Wednesday defeated a Democratic-sponsored resolution to extend war powers to prevent President Trump’s military attacks against Iran, a conflict that has sent oil and gas prices soaring. The Senate voted 47-53 against rejecting a resolution to rein in Trump’s authority from the Senate Foreign Relations Committee. Senator Rand Paul (Ky.) was… Source…
French President Emmanuel Macron on Wednesday called for an end to the US and Israeli conflict against Iran over energy and water infrastructure. “I have spoken today to the Emir of Qatar and President Trump following the attacks on gas production facilities in Iran and Qatar,” Macron said in a post. Source link
Joe Kent, the former top intelligence official in the Trump administration who resigned this week over the US military’s ongoing operations against Iran, discussed his decision in a podcast interview on Wednesday with right-wing pundit Tucker Carlson, who shares many of his opinions on the war. Kent conducted an extensive interview with Carlson and argued…
{Beacon} Technology Technology The Big Story AI, crypto spending sees mixed gains in Illinois Tuesday night’s primaries in Illinois saw a mix of major losses and a few wins across artificial intelligence and cryptocurrency groups, as the midterms continue to serve as a litmus test of tech groups’ spending power in 2026. © AP… Source…
Deputy Attorney General Todd Blanche on Wednesday accused Senator Ron Wyden (D-Ore.) of fabricating information to prevent the release of an unclassified Drug Enforcement Administration (DEA) report on convicted sex offender Jeffrey Epstein. Wyden first flagged the report in February and sent a letter to DEA Administrator Terry Cole requesting an unredacted version, which… Source…
