Trump administration

Tennessee Sen. Lamar Alexander joined Mitt Romney of Utah and Susan Collins of Maine in disapproving of Judy Shelton's nomination to the Federal Reserve Board, adding drama to a confirmation vote that had been targeted for this week.

The Senate could take up President Donald Trump’s outstanding two nominations to the Federal Reserve board next week, according to Sen. John Cornyn.

Although short-term volatility is certain, experts consider whether the long-term outlook would change depending on the winners.

President Donald Trump announced early Friday that he and First Lady Melania Trump had tested positive for COVID-19, shortly after one of his closest aides, Hope Hicks, had fallen ill with the coronavirus.

Legislation signed into law Thursday keeps the government open and federal transportation funding flowing.

Judy Shelton, President Donald Trump’s controversial nominee for the Federal Reserve Board, doesn’t yet have enough support in the Republican-controlled Senate to win confirmation, said Sen. John Thune, the chamber’s No. 2 GOP leader.

A group of former Federal Reserve officials and staffers, including former Vice Chairman Alan Blinder, published an open letter Thursday calling on the U.S. Senate to reject President Donald Trump’s nomination of Judy Shelton to the central bank’s Board of Governors.

Two more Republican no votes will sink the nomination, if Democrats remain steadfast in their opposition.

The next stimulus package will help municipalities and those who are struggling the most, but won't be as generous as the first package, economists predict.

Republican Sen. Mitt Romney of Utah said he will vote against Judy Shelton, one of two Trump administration nominees to the Federal Reserve’s Board of Governors.