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  • Yellen: Fed balance sheet to take years to shrink

    WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says "it could take until the end of the decade" to shrink the Fed's record investment portfolio to more normal levels. The Fed's response to the 2008 financial crisis has swollen its balance sheet to more than $4.4 trillion from less than $1...

  • Liberia president praises US for Ebola help pledge

    MONROVIA, Liberia (AP) — People critically ill with Ebola languishing in an ambulance for hours as paramedics seek a place for them. Treatment centers filling up as soon as they are opened. The situation is so dire in Liberia that its president welcomed a U.S. pledge to send troops and treatment...

  • Fed signals plan to keep key rate at record low

    WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it plans to keep a key interest rate at a record low for a considerable period because a broad range of U.S. economic measures remain subpar. The Fed said it intends to keep its benchmark rate near zero as long as inflation remains...

  • Senate Finance leaders voice support for extending energy incentives

    Senate Finance Committee Chairman Ron Wyden, D-Ore., praised his Republican counterpart, Sen. Orrin Hatch of Utah, for supporting at least a one-year extension for the incentives, which are given to wind, biomass, geothermal and other energy sources.

  • Fed increases estimate for key rate at end of 2015

    WASHINGTON (AP) — Federal Reserve policymakers have slightly increased their estimate of what the Fed's benchmark interest rate should be at the end of 2015 compared with their estimate three months ago. The Fed has kept its benchmark rate at a record-low level near zero since 2008 to try to...

  • A rare moment of agreement between the White House and GOP

    The Obama administration officially backed Wednesday a continuing resolution to keep the government funded this fall.

  • Federal Reserve keeps commitment to low rates

    The central bank's monetary policy committee maintained its promise that it would keep short-term interest rates near zero for a "considerable time" in its statement following a two-day meeting Wednesday.

  • VIDEO: Maryland housing largest number of unaccompanied minors

    The state of Maryland announced new resources Wednesday to help families and communities who are taking in the children who have crossed the border illegally and gotten caught.

  • Fed signals it plans to keep key interest rate at record low for considerable period

    WASHINGTON (AP) — Fed signals it plans to keep key interest rate at record low for considerable period.

  • VIDEO: Benghazi panel seeks to rise above partisanship

    "We're better than that," Rep. Elijah Cummings, D-Md., said.

  • State Dept 'makes it up,' witness tells House hearing on Benghazi

    An expert who served on a panel overseeing State Department recommendations in the aftermath of the 2012 terrorist attacks in Benghazi, Libya, told a congressional committee Wednesday the department has failed to follow through on key proposals for improving diplomatic security.

  • Here are five of Joe Biden's greatest hits

    It shouldn't have come as too much of a surprise to hear Vice President Joe Biden engaging in controversial and/or offensive speech. Indeed, he's infamous for this sort of thing.

  • Tea Party group pushes Gowdy for speaker

    The Tea Party Leadership Fund is starting its effort with a website and a Facebook page as well as an email soliciting petition signatures and donations on the same day that the South Carolina Republican is leading hearings on the attacks in Benghazi.

  • Biden veers onto political turf in Iowa

    Vice President Joe Biden struck a notably political tone during a speech Wednesday in Iowa, just three days after Hillary Clinton hinted at a presidential bid with a trip to the state.

  • Rubio slams Obama's 'frightening' military cuts

    Florida Sen. Marco Rubio, a leading 2016 GOP presidential contender, on Wednesday ripped President Obama's military spending and troop cuts, charging that he has "failed the first test of leadership as commander-in-chief."



From the Weekly Standard