The Federal Reserve on Wednesday left its benchmark interest rate unchanged, marking the central bank’s second consecutive pause in 2026. The Fed maintained the federal funds rate — what banks charge each other for short-term loans — in its current range of 3.5% to 3.75%. The decision to keep rates steady was widely expected by … Read more
NEWYou can now listen to Fox News articles! A federal judge in Minnesota declined to step aside from an immigration-related case despite a conflict-of-interest challenge tied to his spouse’s legal work. The U.S. Department of Justice plans to appeal the judge’s order, which called the government’s motion “improper, untimely, and lacking merit.” Last week, the … Read more
Baton Rouge, La. — An Arkansas law requiring that the Ten Commandments be prominently displayed in public school classrooms was struck down by a federal judge Monday. The law is among those pushed by Republicans, including President Trump, to incorporate religion in public schools. Arkansas, Louisiana and Texas all have enacted similar laws requiring the … Read more
WASHINGTON — A key question hangs over the Federal Reserve’s two-day meeting that ends Wednesday: Will central bank policymakers still reduce short-term interest rates this year, now that the Iran war has sent oil prices higher and gas prices spiking? Or will they have to stand pat for months to see how the conflict plays … Read more
James Boasberg, who leads Washington’s federal trial court, is no stranger to clashes with the administration. Source link
A federal judge in Massachusetts on Monday blocked Health Secretary Robert F. Kennedy Jr.’s recent overhaul of the nation’s childhood vaccine schedule. The ruling stems from a lawsuit brought by the American Academy of Pediatrics and other medical groups against the Department of Health and Human Services, arguing that Kennedy’s changes to vaccine recommendations and … Read more
Outspoken Border Patrol official Gregory Bovino is retiring from federal service at the end of this month, after being pulled away from a high-profile role leading immigration raids in major U.S. cities, two sources directly familiar with his decision told CBS News on Monday. Over the past years, Bovino, a longtime Border Patrol official, has … Read more
Americans eager for lower borrowing costs may have a long wait ahead of them. The Iran war is complicating the picture for the Federal Reserve, which is set to meet on March 18 for its next interest rate decision. Economists had predicted the Fed would hold its benchmark rate steady on Wednesday, but many had penciled … Read more
Washington — One year ago, Rebecca Ferguson-Ondrey and Drew Ruby-Howe were abruptly terminated from their jobs at the U.S. Department of Health and Human Services. They are among more than 300,000 workers to leave the federal government as part of cuts by the second Trump administration’s Department of Government Efficiency, or DOGE. Ferguson-Ondrey said she did not cope well in … Read more
How two fired federal workers are helping others like them – CBS News Watch CBS News Two former federal workers are turning their firings into a movement to help others. Nikole Killion has their story. Source link