McCarthy, in escalation, floats Biden impeachment inquiry Tuesday, July 25 by ABC News(WASHINGTON) -- House Speaker Kevin McCarthy, R-Calif., has begun floating the possibility of an impeachment inquiry into President Joe Biden, a sudden escalation as Republicans ramp up allegations of wrongdoing by the president and his family.During an appearance on Fox News Monday night, McCarthy leaned... Read More.
Fed hikes benchmark rate 0.75% in significant escalation of inflation fight Thursday, September 22 by ABC News(WASHINGTON) -- The Federal Reserve instituted a dramatic interest rate hike on Wednesday, the latest in a series of borrowing cost increases, as the central bank tries to dial back near-historic inflation while avoiding an economic downturn.The Fed raised the benchmark interest rate by... Read More.