‘When do you stop?’: Fed inflation fight could trigger slump
Things are so dire that central bank policymakers might hike rates by three-quarters of a percentage point, a move not taken in almost 30 years.
Things are so dire that central bank policymakers might hike rates by three-quarters of a percentage point, a move not taken in almost 30 years.
America’s rampant inflation is imposing severe pressures on families, forcing them to pay much more for food, gas and rent.
Monday’s January 6 committee hearing ended with closing statements from January 6 committee vice chair, Republican Liz Cheney and Democrat Zoe Lofgren describing how the Trump administration raised over $250 million from his supporters, off of the lie that the 2020 election results were fraudulent, for an election defense fund that didn’t exist.
The former vice president was the subject of threats from U.S. Capitol rioters, including a “Hang Mike Pence” chant.
Newly released security footage is raising questions about a tour Republican Rep. Barry Loudermilk conducted on Jan. 5, 2021, just one day before the Jan. 6 coup attempt.
The United States and several of its Western allies announced a new round of military (and humanitarian) aid for Ukraine.
United States, $1 billion:
18 155mm Howitzers;
36,000 rounds of 155mm ammunition;
18 Tactical Vehicles to tow 155mm Howitzers;
Additional ammunition for High Mobility Artillery Rocket Systems;
Four Tactical Vehicles to recover equipment;
Spare parts and other equipment.
A man who appears to be seen taking photos of security checkpoints and hallways in the U.S. Capitol during a tour led by Republican Representative Barry Loudermilk on Jan. 5, 2021, is also allegedly seen—and heard—in footage captured from January 6 where he is outside of the Capitol screaming threats at Speaker of the House Nancy Pelosi, Senate Majority Leader Chuck Schumer, and Reps. Jerry Nadler and Alexandria Ocasio-Cortez.
The Jan. 6 hearings have given us a treasure trove of new revelations, and even those of us who’ve closely followed Donald Trump’s increasingly flailing attempts to pound a big, square loser peg into a round non-jerk-face hole have learned some things.
The Latino families that launched the landmark lawsuit that guaranteed a public school education to all children regardless of immigration status went to court at great risk to themselves. An NBC News report marking the 40th anniversary of the Plyler v. Doe case this week said that when one of the four Texas families went to court to testify, they took their belongings with them because they were afraid they’d be deported.
The case would eventually go to the U.S.
For decades, the number of abortions performed in the U.S. had been trending downward.
His Democratic opponent, Monica Tranel, has asked the U.S. attorney’s office in Montana to launch an investigation.
As the former White House adviser spoke to the media, a protester made sure his sign with the words “Failed Coup” appeared in as many photos as possible.
The Republican Senate nominee in Georgia has spoken out against kids being raised in fatherless homes but has reportedly had limited contact with this child.
This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.Democracy is under attack everywhere, and today I want us all to remember that while we’re calmly peeling back the layers of the January 6 conspiracy, people are dying for their right to be free in Ukraine.But first, here are three new stories from The Atlantic.
The U.S.
This article contains spoilers through the finale of Barry, Season 3.The first murder on Sunday night’s devastating Season 3 finale of Barry, the HBO series about a listless hitman, happens silently. Barry (played by Bill Hader) watches in horror from outside a makeshift sound stage as Sally (Sarah Goldberg), his former acting classmate and ex-girlfriend, bludgeons a man who tries to choke her after she gets in the way of his attempt to kill Barry.
This is an edition of Up for Debate, a newsletter by Conor Friedersdorf. On Wednesdays, he rounds up timely conversations and solicits reader responses to one thought-provoking question. Later, he publishes some thoughtful replies. Sign up for the newsletter here.Question of the WeekPick your poison: high inflation or a recession. Which would you prefer and why?Send responses to conor@theatlantic.com or reply to this email.
Fauci “will isolate and continue to work from home,” NIH said, adding he has not recently been in close contact with Biden or other senior officials.
For the past 18 months, Senate Democrats have been trying to find a climate deal acceptable to all 50 of their members. The main obstacles, so far, have been Senator Joe Manchin of West Virginia, the owner of a coal-trading company, who wants any deal to reduce the federal budget deficit, and Senator Kyrsten Sinema of Arizona, who refuses to increase tax rates, the easiest way to satisfy Manchin’s deficit-reduction goal.
The video was the very definition of cringe. One day after Donald Trump endorsed her Republican primary opponent, freshman Representative Nancy Mace filmed a two-minute clip of herself outside the shiny black facade of Trump Tower in Manhattan—approximately 800 miles from her South Carolina district—to remind her followers that she was still loyal to the former president.
The FDA is expected to quickly authorize the vaccines for emergency use.
Fears have mounted that the central bank might trigger a recession sometime in the next year with its aggressive rate action.
An executive order will call on HHS to clarify that federally funded programs cannot offer conversion therapy.
President Biden’s formally announced plan to visit Saudi Arabia next month is a dramatic reversal of earlier promises to treat the Arab nation as a “pariah” in light of its repeated human rights violations. Calls are growing for Biden to hold the Saudi government accountable for the brutal murder and dismemberment of American resident and Washington Post columnist Jamal Khashoggi.
President Biden addressed the economy and labor rights in an address Tuesday to the AFL-CIO convention as delegates elected Liz Shuler to become the AFL-CIO’s first female president and Fred Redmond to be its first African American secretary-treasurer.
The 50th anniversary of the Watergate burglary in 1972 this Friday comes as public hearings are underway by the House committee investigating the January 6 Capitol insurrection. We speak with Garrett Graff, author of “Watergate: A New History,” about critical lessons and historical parallels between the defining controversies of the Nixon and Trump presidencies. Rather than isolated crimes, Watergate and January 6 should be seen as culminating events of U.S.
The new data comes as the Supreme Court is expected to allow up to half of states to ban the procedure.
Activists said they spoke to officials not only about their fears of the international impact if Roe were to fall but also proposed changes to U.S. policy that has long restricted funding for abortions abroad.
The FDA analyzed the vaccines’ ability to induce neutralizing antibody responses in kids that were comparable to young adults, a concept known as immunobridging. Both met the agency’s success criteria.
The possible end to federal abortion protections is spotlighting down-ballot races in the upcoming midterm elections.
The swing state could soon lose all abortion access if Roe is overturned. It could also become a destination for patients across the midwest.