Republicans generally expected higher inflation than Democrats throughout President Joe Biden ’s presidency, according to the University of Michigan’s monthly consumer sentiment survey. Still, from mid-2021 on, members of both parties said they thought prices would climb faster than the Federal Reserve’s annual target of 2 percent.

To save taxpayer money and rebuild the economy, Congress should repeal Biden's poorly named Inflation Reduction Act

Trump and his GOP allies are readying an ambitious agenda that includes increased deportations of immigrants, higher tariffs on imported goods from Mexico, Canada and China, as well as extending some of the 2017 tax cuts that are set to expire at the end of the year.

As they gather this week at President Donald Trump's Miami resort, House Republicans face a host of tough decisions.

President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday.

Surging long-term interest rates and stubborn inflation are inflaming divisions among congressional Republicans over paying for the sweeping tax cuts Donald Trump promised, complicating the path to passage with the party’s already tenuous majority.

Despite all the discussion of spending cuts under the new unified GOP control in Washington, two words that President Trump did not utter even

Scott Bessent on Monday secured confirmation to lead the Department of the Treasury, putting President Trump’s top economic nominee in place ahead of a daunting GOP push to enact Trump’s

New York Republican leaders hope Donald Trump’s second term boosts their chances in the 2026 gubernatorial race. GOP chair Ed Cox believes Trump’s focus on border security, tax reform, and inflation could build momentum, especially if he delivers on promises like lifting the SALT cap and opposing congestion pricing.

Vermont leaders in Washington are urging the Trump administration not to roll back efforts that make medications less expensive.

Some Democrats view Big Tech’s rightward lurch as a political crisis, one brought on by their own party’s policy mistakes. In this account, Democrats needlessly alienated a powerful industry by embracing an anti-corporate economic agenda that is both politically costly and substantively misguided.

President Trump has a lot to say about FOMC chairman Jerome Powell—and yet it seems he won't take his fight directly to the Fed.