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A special weather statement in effect for 7 regions in the area

See the complete list

WEATHER ALERT

A special weather statement in effect for 7 regions in the area

PATRICK MCHENRY


'Shrink the room:' How Biden and McCarthy struck a debt-limit deal and staved off a catastrophe

Perhaps most critical to locking up the debt-limit deal were President Joe Biden and House Speaker Kevin McCarthyโ€™s five handpicked negotiators, three men and two women unknown to most outside government.

Debt ceiling agreement gets thumbs up from biz groups, jeers from some on political right

The reviews are starting to come in as details emerge about the debt ceiling agreement reached by President Joe Biden and House Speaker Kevin McCarthy.

Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default

President Joe Biden and House Speaker Kevin McCarthy have reached an โ€œagreement in principleโ€ to resolve the looming debt crisis.

Debt ceiling talks grind on, but Republicans say there's a 'lack of urgency' from White House

Debt ceiling negotiators for President Joe Biden and House Speaker Kevin McCarthy are holed up again at the Capitol.

Debt limit talks seem to make little headway as Biden, world leaders watch from afar for progress

Debt limit talks between the White House and House Republicans stopped, started and stopped again heading into a weekend where President Joe Biden and world leaders watched from afar, hoping high-stakes negotiations would make progress on avoiding a potentially catastrophic federal default.

Intensity and insults rise as lawmakers debate debt ceiling

This yearโ€™s debt ceiling debate has a different feel to it for some lawmakers.

Bank failures and rescue test Yellen's decades of experience

Treasury Secretary Janet Yellen worked against the clock with other regulators, lawmakers and business leaders to come up with a plan that would prevent a full blown banking crisis.

GOP's new committee leaders prepare blitz of investigations

House Republicans are promising aggressive oversight of the Biden administration once they assume the majority next year.

House panel to hold hearing on crypto exchange FTX collapse

Lawmakers plan to investigate the failure of FTX, the large crypto exchange that collapsed last week and filed for bankruptcy protection, leaving investors and customers staring at losses that could total in the billions of dollars.

New crypto oversight legislation arrives as industry shakes

After 13 years, at least three crashes, dozens of scams and Ponzi schemes and hundreds of billions of dollars made and evaporated, cryptocurrencies finally have the full attention of Congress.

House Republicans, bullish on midterms, plot return to power

Republican lawmakers gathered at a retreat in Florida this week to plot out strategy for this year's midterm elections.

Treasury: Most COVID rental aid went to low-income residents

The U.S. Treasury Department has concluded that more than 80% of the billions of dollars in federal rental assistance during the pandemic went to low-income tenants.

With McCain in mind, Sinema reaches for bipartisanship

Democratic Sen. Kyrsten Sinema is known for doing the unthinkable in Washington โ€” spending time with Republicans.

Homicides are up, but GOP misleads with claims about blame

Some police organizations and Republican politicians are blaming Democrats and last year's defund the police effort for a troubling rise in homicides in many cities across the country.

Deadline looms, but COVID relief deal may be far off

She said the two sides would take stock on Tuesday, which she has staked out as the deadline if a deal is to be reached before the election. Pelosi is angling for the best deal she can get โ€” maybe thatโ€™s now, maybe itโ€™s later. And if history is any guide, prospects for a deal in the lame-duck session after the election could be dim. But the Senate GOP bill has failed once before, and Trump himself says it's too puny. For months she has been promising a COVID relief package of more than $2 trillion stuffed with Obama-era stimulus ideas.

New jobs report diminishes GOP appetite for more virus aid

WASHINGTON An unexpectedly strong jobs report could further scramble an already uncertain picture for passing a fifth and possibly final coronavirus aid bill. The positive statistics are feeding the wait-and-see approach of the White House and its GOP allies in Congress. Republicans say the numbers vindicate their decision to take a pause and assess the almost $3 trillion in assistance they already have approved. The coming weeks are expected to bring difficult negotiations over what the package should contain, just months before an election where the White House and control of Congress are at stake. Fridays jobs report showed a 2.5 million gain instead of an expected loss of millions more, complicating prospects for the aid talks.

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