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Warsh under pressure as Fed considers rate hike

Federal Reserve Chair Kevin Warsh finds himself in a tricky position as the central bank commences its September meeting, as rising expectations of an interest rate hike clash with President Trump’s demands for cuts.  Warsh gave himself wiggle room for a rate hike in late August, saying the central bank had “work to do” if underlying inflation was not moving toward its 2 percent target.  But Trump, who…

The HillThe HillMax Rego12h ago

Rogers set to skip Michigan Senate debate over outlet’s ‘favoritism’ toward El-Sayed

Michigan Senate candidate Mike Rogers (R) will skip Tuesday night’s debate with opponent Abdul El-Sayed (D), citing the moderator’s alleged “favoritism” toward the Democrat. Alyssa Brouillet, the Rogers campaign’s communications director, said in a statement that Michiganders “deserve to see their candidates engage in a healthy, fair debate — not one compromised by media bias.” …

The HillThe HillMax Rego23h ago

Wicker, Shaheen to propose resolution urging U.S. cooperation with Russian pro-democracy movement

A pair of influential bipartisan Senators plan to introduce a resolution Wednesday calling on the State Department to bolster cooperation with Russia’s pro-democracy movement inside and outside the country, according to a draft obtained exclusively by The Hill.  Sens. Roger Wicker (R-Miss.) and Jeanne Shaheen (D-N.H.) introduced the non-binding resolution to coincide with a major…

The HillThe HillLaura Kelly15 Sept