President Biden pointed a finger at Republican states, saying inflation soared under his watch because the leaders there bungled the economy.

The rise in bond yields at a time when the central bank is lowering interest rates could test the economy, the markets and Donald Trump’s agenda.

Rep. Nicole Malliotakis believes Democrats should help House Republicans wrangle through an increase in the state and local tax deduction (SALT) and faults them for causing the issue in the first

Republicans are taking control of the House, the Senate, and the White House for only the third time since the presidency of Dwight Eisenhower.

Vermont leaders in Washington are urging the Trump administration not to roll back efforts that make medications less expensive.

The deals come as the green energy sector prepares to defend the Inflation Reduction Act and other Democratic policies against attacks from Republicans and President Donald Trump. The GOP is combing through laws enacted during the Biden era as part of an effort to roll back policies like tax incentives for zero-emission energy.

President-elect Trump and Republican majorities in Congress are planning to pursue an ambitious tax cut plan, but some GOP lawmakers warn rising bond yields could dampen those efforts.

Surging long-term interest rates and stubborn inflation are inflaming divisions among congressional Republicans over paying for the sweeping tax cuts Donald Trump promised, complicating the path to passage with the party’s already tenuous majority.

New York Republican leaders hope Donald Trump’s second term boosts their chances in the 2026 gubernatorial race. GOP chair Ed Cox believes Trump’s focus on border security, tax reform, and inflation could build momentum, especially if he delivers on promises like lifting the SALT cap and opposing congestion pricing.

9:30 p.m. ET (Saturday, Jan. 25): President Trump said he’d like to see Jordan, Egypt and other Arab nations increase the number of Palestinian refugees they are accepting from the Gaza Strip — potentially moving out enough of the population to "just clean out" the war-torn area to create a virtual clean slate.

House Energy and Commerce Republicans met Thursday to shape their strategy for energy portions of the GOP’s budget reconciliation bill — including clawing back climate spending approved by Democrats.

Concerns about inflation have been pegged as a major catalyst for big swings in longer Treasury yields in recent months. The 10-year Treasury yield hit a peak of 4.8% recently, but has since eased back to about 4.