The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the penalties. JPMorgan Chase, Wells Fargo and Bank of America reported a combined $2.2 billion in overdraft fees in 2023, roughly $700 million less than the previous year, according to […]Read More
As Republican senators gathered privately in one of many contentious meetings about their Ukraine-for-border deal last month, Sen. Ted Cruz (R-Tex.) stood up and pointed his finger at the conference’s leader. “You just want Ukraine funding,” Cruz angrily said, according to a senator in the room. “That’s what this is about for you. That’s why […]Read More
President Biden and his top aides are closer to a breach with Israeli Prime Minister Benjamin Netanyahu than at any time since the Gaza War began, no longer viewing him as a productive partner who can be influenced even in private, according to several people familiar with their internal discussions. The mounting frustration with Netanyahu […]Read More
Lawmakers are racing to beat fast-approaching government shutdown deadlines in March, but deep policy divisions may slow them down on everything from passenger rail funding to Internal Revenue Service resources to support for the World Health Organization. The big questions about total spending are settled already: House Speaker Mike Johnson (R-La.) and Senate Majority Leader […]Read More
CONWAY, S.C. — Former president Donald Trump ramped up his attacks on NATO on Saturday, claiming he suggested to a foreign leader that he would encourage Russia to do “whatever the hell they want” to member countries he views as not spending enough on their own defense. “One of the presidents of a big country […]Read More
Wisconsin Republican Rep. Mike Gallagher, who served as chairman of a select committee dedicated to combating the influence of the Chinese Communist Party and was a key holdout in the recent failed effort to impeach Homeland Security Secretary Alejandro Mayorkas, said Saturday that he would not seek another term in Congress. In a statement, Gallagher, […]Read More
President Biden had just spoken with Israeli Prime Minister Benjamin Netanyahu the morning of Oct. 8, agonizing over how to rescue hostages taken by Hamas in its bloody attack the previous day, pledging American assistance, and weighing a volatile situation that threatened to spiral out of control in the Middle East. Shortly after they hung […]Read More
No issue illustrates the breakdown of governing and politics better than immigration. A broken immigration system has broken the governing process, aided by the most cynical of politics. Republicans recently continued what is now a decades-long streak of helping to scuttle bipartisan efforts to fix the immigration system, largely due to hard-right conservative opposition. Their […]Read More
The conclusion laid out in special counsel Robert K. Hur’s final report was straightforward: Joe Biden mishandled classified materials, though there was not enough proof that he intended to break the law to meet the Justice Department’s high prosecution threshold. But the 345-page report also contained explosive information about President Biden’s allegedly faulty memory, overshadowing […]Read More
Meta announced on Friday it would stop proactively recommending political content on Instagram or its upstart text-based app Threads, alarming news and politics-focused creators and journalists gearing up for a crucial election year. While users will still be allowed to follow accounts that post about political and social issues, accounts posting such content will not […]Read More