The Texas House Committee on Human Services gaveled in on May 5, 2026 to discuss Medicaid in Texas. The first time the phrase, "long been vigilant in efforts to protect" was not in regards to protecting the highest number and rate of uninsured children in Texas, but instead, "efforts to protect taxpayer dollars." The committee hearing revealed something many who…
–Kevin Warsh, an economist and former member of the Federal Reserve Board of Governors, is now chair of the central bank, replacing longtime chair, Jerome Powell. Warsh was sworn in at the White House Friday with a large crowd in attendance after completing the confirmation process. "I expect he will go down as one of the truly great chairmen of the Federal Reserve…
Internal Revenue Service Chief Executive Officer Frank J. Bisignano and Senator Bernie Moreno toured the Cleveland area today to highlight Working Families Tax Cuts Act provisions on no tax on car loan interest, no tax on overtime, and the enhanced deduction for seniors. "It's rewarding to visit Ohio and see first-hand how President Trump's Working Families…
The following information was released by the Federal Deposit Insurance Corporation:. Today, the FDIC and Federal Reserve Board announced the approval of joint agency feedback letters in response to the 2025 resolutionplan submissions of the eight U.S. global systemically important banks and 56 foreign-based firms.As we review resolution plan…
The Ways and Means Committee advanced bipartisan legislation to expand access to health care for seniors on Medicare, particularly those in rural and underserved communities, and to reauthorize Social Security's authority to test new approaches of connecting disability insurance beneficiaries to work. The Social Security Administration's authority…
–Kevin Warsh, an economist and former member of the Federal Reserve Board of Governors, is now chair of the central bank, replacing longtime chair, Jerome Powell. Warsh was sworn in at the White House Friday with a large crowd in attendance after completing the confirmation process. "I expect he will go down as one of the truly great chairmen of the Federal Reserve…
WASHINGTON- Kevin Warsh was sworn in on Friday as the new head of the Federal Reserve, marking a new chapter after a strained relationship between the world's most powerful central bank and US President Donald Trump. Speaking after taking the oath of office at the White House, Warsh pledged to be "reform-oriented," saying he would carry out his duties with "energy…
When President Donald Trump tapped Kevin Warsh in January to become the next chair of the Federal Reserve, the policy debate centered on when, not whether, interest rates would fall. Inflation is rising again, and the war with Iran has raised concerns that surging commodity prices could broaden out and morph into a more persistent problem. Officials at the…
