Washington

DeFazio, who chairs the House Transportation Committee, said he has also recommended the White House examine a new form of infrastructure bonding.

Federal Reserve Chair Jerome Powell told lawmakers that he’ll soon announce a plan to stop shrinking the $4 trillion balance sheet that the Fed built up as it battled to shield the economy from the 2008 financial crisis.

The window is closing as the Treasury begins to take extraordinary measures to prevent breaching the nation’s debt limit.

The cap, repeal of which is a priority for state and local groups, will affect nearly 11 million taxpayers, an audit found.

While President Donald Trump has taken victory laps for slashing regulations on banks and other companies, Federal Reserve Chairman Jerome Powell says it’s hard to prove the effort has boosted economic growth.

Federal Reserve Chairman Jerome Powell, asked if there’s a “Powell Put” in financial markets, said the U.S. central bank will pay attention to financial-market volatility if it threatens economic stability.

The new guidance cleared up social media advertising restrictions and interactive content.

The ruling affirmed a lower court ruling that dismissed a claim by the commonwealth’s Legislative Assembly that the board exceeded its power.

Federal Reserve Chair Jerome Powell said the U.S. labor market still has room to pull in workers.

Jerome Powell confronted skepticism from Republican Sen. Patrick Toomey on Tuesday when the Federal Reserve chairman explained why the central bank is undertaking a yearlong review of its approach to achieving its 2% inflation goal.