Sarah Bloom Raskin withdraws herself from consideration to the Federal Reserve Board
CNN
Sarah Bloom Raskin has withdrawn from consideration to be a nominee for the Federal Reserve Board of Governors.
Raskin submitted her withdrawal in a letter to President Joe Biden.
Biden nominated Raskin in January for the position of vice chair of supervision at the Fed, a role that would have made her a powerful regulator in the banking world.
The Trump administration is abruptly cutting dozens of staff who are at the forefront of disaster response and recovery at the Federal Emergency Management Agency this week, according to internal emails obtained by CNN and sources familiar with the plan.
If there was any hope New York City Mayor Zohran Mamdani would inch towards the middle or appeal to moderate Democrats as he launched his administration, it vanished in the bitter January air that ushered in the start of his term.
Venezuelan security forces have detained at least five Americans in recent months as the US has built a pressure campaign against Venezuelan President Nicolas Maduro, a US official familiar with the matter told CNN.
Quality Learning Center, a focus of a video looking at Somali businesses in Minneapolis, has a history of code violations, but none that suggested fraud.
President Donald Trump told The Wall Street Journal in an interview published Thursday that he takes a higher dose of aspirin than his doctors have recommended, blaming that for the visible hand bruises that have generated renewed questions about his health.
The cavalry didn’t come to save the Affordable Care Act’s enhanced premium subsidies, which ended when 2025 did. And while the House is expected to vote in January on a Democratic proposal to extend them for three years, the effort faces significant hurdles in the Senate.
As President Donald Trump’s first year back in the White House winds down, he has already transformed and upended the federal government.
Zohran Mamdani, the democratic socialist who campaigned on a promise to tackle the affordability crisis in one of America’s most expensive cities, was sworn in as New York City’s 112th mayor early Thursday.
Zohran Mamdani, the democratic socialist who campaigned on a promise to tackle the affordability crisis in one of America’s most expensive cities, was sworn in as New York City’s 112th mayor early Thursday.
Champagne and caviar? Anyone can do it.
President Donald Trump announced Wednesday that he’s withdrawing the National Guard from Chicago, Los Angeles and Portland but left the door open to sending federal forces “in a much different and stronger form.”
US military strikes against alleged drug boats have killed at least eight people over the past two days – the latest salvos in the United States’ escalating actions against what it says are drug traffickers.
The CIA has assessed Ukraine was not targeting a residence used by Russian President Vladimir Putin in a recent drone attack in the north of his country, according to US officials, undercutting an assertion the Russian president had made to Trump in a Monday phone call.