Here’s what’s included in the GOP two-step government funding plan CNN’s Annie Grayer reports on House Republicans pursuing a two-step plan for funding the government. Source link
CNN — While the House and Senate remain far apart on a spending deal, the federal government will soon formally initiate the process of preparing for a potential shutdown, participating in the mandatory but standard process of releasing shutdown guidance to agencies ahead of the September 30 funding deadline. The standard procedure laying out the … Read more
Washington, DC CNN — The Federal Reserve said Wednesday it will pause its rate hikes, keeping its benchmark lending rate at a 22-year high, while signaling fewer rate cuts next year. The move was widely expected, after the central bank signaled in recent weeks that it intended to wait for more data to understand how … Read more
CNN Business — As technology continues to revolutionize the way people live, work and spend, central banks around the globe have kicked off efforts to reinvent their local currencies for the digital era. Now, the United States is the latest to signal “urgency” in researching a potential digital version of its dollar via a Central … Read more