It's left vs. Federal Reserve on interest rates hikes
Progressive Democrats are ripping the Federal Reserve over deepening concerns the central bank could drive the U.S. into recession amid sky-high inflation not seen in four decades. Top liberal lawmakers are urging the Fed to stop hiking interest rates and slowing the U.S. economy, insisting that it'll do nothing to curb inflation while plunging millions into joblessness. “I think they’re hurting the situation,” Sen. Bernie Sanders, chair of the Senate Budget Committee, said Sunday on NBC’s “Meet the Press,” referring to the Fed’s rate hike campaign. “I th
Read MoreGOP wave threatens blue-state strongholds
Democrats are increasingly worried that Republicans will make gains in deep-blue strongholds such as New York and Oregon as the winds appear to shift in the GOP’s favor ahead of next month's midterm elections. The GOP is making competitive bids to take back governorships in both states, which reliably go for Democrats in presidential elections. The Republican gains could also extend to the House, where the GOP is making inroads in the aforementioned states, along with Rhode Island and others. “I would say Oregon Democrats are worried. We have a history of com
Read MoreUkraine poised for crucial blow to Putin in battle for Kherson
Ukraine appears poised to deliver another crucial blow to Russian President Vladimir Putin’s war effort with a counteroffensive to take back Kherson, which was the first major Ukrainian city seized by Russia after its invasion in February. Ukraine has blacked out all media on its operations around the southern city this week, as it did ahead of a successful counteroffensive in the northeast last month. Experts studying the war said all signs point to a major offensive in the coming days, with Russia already signaling its potential retreat. Ukrainian victory i
Read MoreSaudi Arabia unfazed by US backlash on oil as Russia reaps benefits
Saudi Arabia shows no sign of backing down in the face of U.S. pushback to its decision to cut oil production, part of Riyadh's strategy to flex its foreign policy influence more forcefully. Saudi officials insist that the highly criticized decision to cut oil production to keep prices high is purely economical, pushing back on attacks they are siding with Russia over its war in Ukraine. Democrats have furiously called to freeze military sales and cooperation with the kingdom as Republicans largely remain quiet, saying U.S. ties to the powerful Gulf nation ar
Read MoreRick Scott: Senate Republicans have path to 55-seat majority
GREENSBORO, N.C. — National Republican Senatorial Committee Chairman Rick Scott (R-Fla.) says Republicans will likely control 52 Senate seats next year and have a pathway to a 55-seat majority, given how recent polls show GOP candidates picking up momentum. Scott is voicing a more confident view of the Nov. 8 midterm election than Senate Republican Leader Mitch McConnell (R-Ky.), who has predicted the battle for the Senate will be “really close either way” and whatever party wins is likely to control a very narrow majority. “It starts right here, we’re going to
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