US Senator Bill Hagerty of Tennessee Tal...

Former Federal Reserve Bank of St. Louis President James Bullard, a contender for the next US central bank chief, called for a percentage point of interest-rate cuts this year, with scope to do more in 2026. He speaks on the sidelines of the Jackson Hole Economic Policy Symposium ... Show More

Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco), reacts to Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium with Bloomberg's Tom Keene, Annmarie Hordern and Michael McKee.See omnystudio.com/listener f ... Show More

PIIE President Adam Posen says “it was the world of central bankers rallying around Jay and the Fed, publicly backing Fed independence,” at the Bank for International Settlements’ annual meeting in late June and the European Central Bank’s Sintra conference in early July. He spea ... Show More

This week, we’ve looked at the budget reconciliation bill and its effects on student debt, taxes, health care and social programs. The bill is currently moving through the Senate. Today, we discuss the reconciliation bill and the national deficit. And we dig into other proposals ... Show More

(0:00) Friedberg and Chamath welcome Senator Ron Johnson (2:30) The Reconciliation Bill process, how much the Big, Beautiful Bill will add to the national debt (14:33) Problems with growing our way out of debt, why elected officials are avoiding the fiscal reality (24:53) Energy ... Show More

On Thursday, the House of Representatives passed President Trump’s “Big Beautiful Bill” by a narrow margin of 216 to 214. Despite early concerns among Republicans and unified opposition from House Democrats, the bill was able to pass by the July 4th deadline, with Speaker Mike Jo ... Show More

The debate on Senate bill 686 is one of the most important pieces of legislation to watch as Republican Senators debate its merits. The bill would put a ban on the Chinese social media app Tik Tok, with Rand Paul schooling Josh Hawley on exactly why the legislation won’t fly. 

President Trump’s megabill cuts over $1 trillion in healthcare spending over the next decade, mainly from Medicaid. Experts project nearly 8.7 million fewer people covered by Medicaid, and hospitals face reduced payments and higher costs. WSJ’s Dominique Mosbergen reports on the ... Show More

As the Senate prepares to vote on the revised version of President Trump’s "Big Beautiful Bill," tension has once again risen over its contents, particularly over language pertaining to the SALT deduction cap. While the House bill raised the cap to $40,000, the Senate’s version l ... Show More

President Donald Trump visited Capitol Hill today to urge passage of his multitrillion dollar tax and spending agenda. The bill is a complex piece of legislation that includes tax cuts, spending increases, spending reductions and some tax hikes. In total, it would increase budget ... Show More

After a marathon 27-hour session, Senate Republicans passed their version of President Trump's “big, beautiful bill.” Getting enough senators on board meant last-minute wrangling over key issues, including Medicaid, clean energy and the deficit. WSJ's Richard Rubin explains how S ... Show More

The Senate returned to Capitol Hill on Monday with a new mission at the top of their agenda: uniting behind President Trump's "one big, beautiful bill." It took Congress weeks to narrowly agree on the legislation, passing it with a thin 215-214 vote. Many Senate Republicans have ... Show More