KVSP federal
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Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve paused its aggressive series of interest rate hikes on Wednesday, ending a string of 10 consecutive rate increases that stretches back 15 months. Nearly all members of the decision-making committee believe the central bank will need to impose at least one additional rate hike this year, Fed Chair […]
Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve is expected to pause its aggressive series of interest rate hikes on Wednesday, ending a string of 10 consecutive rate increases that stretches back 15 months. The decision arrives a day after fresh data showed consumer prices rose 4% last month compared to a year ago, cooling […]
Office of the Inspector General/Dept. of Justice (WASHINGTON) — The 123 federal prisons in the United States need roughly $2 billion worth of “maintenance” and most are “aging and deteriorating,” according to a DOJ inspector general report. In three prisons, the conditions are so bad they had to be closed — including the Metropolitan Correctional […]
Probal Rashid/LightRocket via Getty Images (NEW ORLEANS) — A federal appeals court in New Orleans on Wednesday heard arguments in a high-stakes bid to invalidate FDA approval of the most widely used abortion medication in the country more than two decades after it hit the market and despite its safe use by millions of women. Three […]
Bloomberg Creative/Getty Images (NEW YORK) — The Federal Reserve failed in its role as banking industry watchdog in the run up to the collapse of Silicon Valley Bank, the central bank said on Friday. The Fed sharply criticized leadership at Silicon Valley Bank for “a textbook case of mismanagement,” but the report also faulted the […]
Obtained by ABC News (CHARLOTTE, N.C.) — Federal prosecutors announced Wednesday they will not bring charges related to the death of Shanquella Robinson, a Charlotte, North Carolina, resident who died in October while vacationing in Mexico. U.S. Attorneys Sandra J. Hairston and Dena J. King — who represent the Middle and Western Districts of North Carolina […]
Bloomberg Creative/Getty Images (NEW YORK) — Federal officials are proposing a plan to cut water allotments to states dependent on the Colorado River system to combat dwindling water levels on one of the country’s most important bodies of water. The U.S. Department of Interior’s Bureau of Reclamation released a draft environmental impact statement on Tuesday […]
fstop123/Getty Images (NEW YORK) — Well before a federal judge in Texas issued his ruling on the abortion drug mifepristone, abortion providers across the country said they had been preparing for what they called a “worst-case scenario.” In his April 7 decision, Judge Matthew Kacsmaryk of the Northern District of Texas ruled in favor of […]
Lev Radin/Pacific Press/LightRocket via Getty Images (NEW YORK) — A cryptocurrency linked to former Trump White House strategist Steve Bannon and Trump adviser Boris Epshteyn has caught the attention of federal prosecutors in New York, who have started looking into it, sources familiar with the matter told ABC News. News of federal prosecutors’ interest in the […]
Tim Graham/Getty Images (WASHINGTON) — Two federal law enforcement agencies found credible threats in the lead up to the events of Jan. 6 and also that the FBI and Department of Homeland Security did not follow procedures in the lead up to the day’s events, the Government Accountability Office found. The FBI and the U.S. […]
