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At 12:01 a.m. ET on Friday, the federal government entered its first shutdown of the new year, Shutdowns aren't a new phenomenon in Washington, D.C., but they've slowed in their frequency since the turn of the century. Even so, rising partisan rancor, energized political bases and congressional gridlock have contributed to longer, more disruptive shutdowns in recent decades.SENATE REPUBLICANS PUSH FOR HOUSE GOP REBELLION AGAINST FUNDING PACKAGE, VOTER ID LEGISLATIONSince 1976, […]

President Donald Trump has threatened legal action against author Michael Wolff and the estate of Jeffrey Epstein, insisting a newly released trove of Epstein-related files clears him of wrongdoing.Trump was aboard Air Force One during a flight to Palm Beach, Florida, on Saturday when he responded to a reporter’s question about the more than 3 million Epstein-related records and personal emails that the Justice Department released Friday."It looked like this […]

A pair of Senate Republicans are pushing their House counterparts to reject the Trump-backed shutdown deal unless it includes Homeland Security funding and election integrity legislation. Sens. Rick Scott, R-Fla., and Mike Lee, R-Utah, are calling on House Republicans to push back against the Senate-passed funding package, which includes bills to fund five agencies, including the Pentagon, as a partial government shutdown continues. They contended that the package needs to be retooled, […]

No institution has more influence over what Americans can afford than the Federal Reserve, one most people rarely follow but feel every month in their finances.That influence isn’t always obvious. The Fed doesn’t decide what groceries or cars cost, but it does determine how expensive it is to borrow money to pay for them. And right now, borrowing is costly. High interest rates mean larger monthly payments on mortgages, car […]