Category Archives: 24/7 Newsroom News

Federal Reserve Unanimously Approves Reappointment of Regional Bank Presidents

Federal Reserve Unanimously Approves Reappointment of Regional Bank Presidents

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

Lawsuit Challenges the Approval of an Exploratory Drilling Program in Alaska Petroleum Reserve

Lawsuit Challenges the Approval of an Exploratory Drilling Program in Alaska Petroleum Reserve

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

US Seizure of Rogue Oil Tanker Off Venezuela Signals New Crackdown on Shadow Fleet

US Seizure of Rogue Oil Tanker Off Venezuela Signals New Crackdown on Shadow Fleet

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

Treasury Secretary Bessent Calls for Looser Regulations for the U.S. Financial System

Treasury Secretary Bessent Calls for Looser Regulations for the U.S. Financial System

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

Federal Reserve cuts key rate but signals higher bar for future reductions

Federal Reserve cuts key rate but signals higher bar for future reductions

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

Jasmine Crockett in U.S. Senate Race in Texas

Jasmine Crockett in U.S. Senate Race in Texas

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

Collin Allred Drops Out of Senate Race

Collin Allred Drops Out of Senate Race

(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

Fort Worth Police Have Made an Arrest With the Shooting That Happened Outside Hulen Mall

Fort Worth Police Have Made an Arrest With the Shooting That Happened Outside Hulen Mall

(WBAP/KLIF) – FORT WORTH, TX – According to police, around 2 o’clock Saturday afternoon a man was shot in the leg in the parking lot between the Macys and the Red Robin outside Hulen Mall. The man was later hospitalized with non-life-threatening injuries. On Sunday, Fort Worth Police Chief Eddie Garcia stated that the department’s…MORE