STATE AND LOCAL

Federal Reserve Chairman Jerome Powell acknowledged Tuesday that he now expects high inflation to continue into the middle of 2022, stating that the government should no longer push what had been a recurring slogan of it being "transitory."

Federal Reserve Chairman Jerome Powell is set to tell Congress on Tuesday that the omicron variant could threaten the U.S. labor market and cloud the inflation forecast.

Members of Congress are accusing Biden of hindering U.S. energy security by cancelling construction of the Keystone XL Pipeline.

President Biden nominated Shalanda Young to lead OMB after more than a decade serving on the House Appropriations Committee.

President Biden on Wednesday is expected to nominate Shalanda Young to be permanent director of the Office of Management and Budget, Fox News has learned.

Sen. Bill Hagerty, R-Tenn., expressed his "shock" Thursday that the upper chamber is being asked to consider Biden's "radical" nominee for Comptroller of the Currency, Saule Omarova.

President Biden's nominee to be the Comptroller of the Currency, Saule Omarova, found herself clarifying or walking back a number of past statements on Thursday.

The push to advance U.S. infrastructure by improving transit systems and advancing climate-friendly initiatives was a cornerstone of President Biden’s campaign, but fighting over his social spending package has stoked division within his party.

Two U.S. senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech giants to make acquisitions.

The provision in question is buried deep in the bill sewn together by House Democrats as they desperately try to get legislation across the finish line after a GOP trouncing at the polls on Tuesday.

Miami Mayor Francis Suarez, who just secured a second term this week, said he will accept his entire salary in bitcoin.

Sen. John Barrasso, R-Wyo., the ranking member of the Senate Energy and Natural Resources Committee, released an “investigative report" looking at “how Europe’s energy crisis serves as a dire warning to the United States if Democrats enact President Biden’s budget blowout," according to a press release exclusively obtained by FOX Business.

Sen. Marco Rubio, R-Fla., slammed Amazon for the company's “woke hypocrisy” following a report that accused the tech giant had been “shortchanging” new parents and patients dealing with medical issues.

EXCLUSIVE: Sen. Marsha Blackburn calls on Facebook to make a stronger effort to target criminals after a series of leaked documents revealed how the platform facilitates human and drug trafficking.

The broad strokes of the proposal announced by Sen. Ron Wyden, D-Ore., to tax the country's billionaire class to help fund President Biden’s legislative agenda was laid out early Wednesday as a two-pronged strategy to take aim at the wealthiest individuals and corporations.

Sen. Ted Cruz, R-Texas, argued that President Biden and the Democrats exhibit continued “hypocrisy” with their policies and argued that those pertaining to energy are actually making “the environment worse.”

Nevada Republican Senate candidate Adam Laxalt says he believes Democrats' "transformational" reconciliation bill could help him win his race.

Republicans and Democrats have spoken out on the recent Facebook revelations, with lawmakers in both the House and Senate blasting the social media giant over the leaked internal documents.

Senate Minority Whip John Thune, R-S.D., on Tuesday slammed a new proposal from Democrats that would raise to $10,000 the threshold for allowing the Internal Revenue Service to demand banks to report account transactions.

Progressives lashed out at Sen. Joe Manchin, the moderate Democrat from West Virginia, after Axios reported he wants means testing and work requirements attached to the child tax credit.