Senators from both parties are pushing to change a defense bill after crash investigators and victims’ families warned it could undo key safety reforms. The reforms stem from a deadly collision between an airliner and Army helicopter over Washington, D.C., in January, killing 67 people. The National Transportation Safety Board and senators on the Commerce…… MORE
WASHINGTON (AP) — The Federal Reserve’s governing board unanimously approved the reappointment of nearly all of the Fed’s 12 regional bank presidents, a group that has come under scrutiny by the Trump administration. The regional bank presidents all serve five-year terms and are routinely approved by the Fed’s governing board. The approval has taken on…… MORE
JUNEAU, Alaska (AP) — A new lawsuit seeks to overturn the recent approval of an exploratory drilling program in the National Petroleum Reserve-Alaska. It alleges that the program was improperly analyzed by the federal government and could harm caribou and important habitat areas. The lawsuit was filed Thursday by two conservation groups and Sovereign Iñupiat…… MORE
MIAMI (AP) — The recent seizure of an oil tanker known as Skipper by the U.S. off the coast of Venezuela marks a dramatic escalation of President Donald Trump’s campaign to choke off Venezuelan leader NicolౠMaduro’s access to oil revenues. The tanker is part of the illicit “shadow fleet” that global energy powers, including Venezuela,…… MORE
WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent is proposing changes to the Financial Stability Oversight Council. It’s a body that was created after the 2008 global financial crisis to prevent future economic meltdowns. Bessent is advocating for looser regulations. In a letter released Thursday, Bessent says efforts to safeguard the financial system have often…… MORE
WASHINGTON (AP) — Sweeping taxes on imports have cost the average American household nearly $1,200 since Donald Trump returned to the White House this year, according to calculations by Democrats on Congress’ Joint Economic Committee. Using Treasury Department numbers on revenue from tariffs and Goldman Sachs estimates of who ends up paying for them, the…… MORE
The U.S. Department of Transportation has issued new guidance stating airlines don’t have to cover passenger expenses like meals or lodging when a flight is canceled or significantly delayed by an aircraft recall. The guidance released on Wednesday follows disruptions last month due to inspections and software updates on Airbus A320 aircraft to fix a…… MORE
WASHINGTON (AP) — The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that could attract ire from President Donald Trump, who has demanded steep reductions to borrowing costs. In a set of quarterly economic…… MORE
ASSOCIATED PRESS – (WBAP/KLIF) – Democratic Rep. Jasmine Crockett launched a campaign Monday for the U.S. Senate in Texas, bringing a national profile to a race that may be critical to Democrats’ long-shot hopes of reclaiming a Senate majority in next year’s midterm elections. Crockett, one of Congress’ most outspoken Democrats and a frequent target…… MORE
(WBAP/KLIF) — WFAA News 8 — DALLAS — Democrat Colin Allred has dropped out of the U.S. Senate race and said he will run for Congress again next year in the newly drawn 33rd district, just hours before the deadline for candidates to file. “In the past few days, I’ve come to believe that a…… MORE
