Politics News
Fed Chair Powell says ‘time has come’ for shift toward interest rate cuts
(WASHINGTON) -- Federal Reserve Chair Jerome Powell on Friday indicated that the central bank would soon begin cutting interest rates.Speaking at an annual gathering in Jackson Hole, Wyoming, Powell said the "time has come" for the Fed to adjust its interest rate policy. The announcement comes after a yearslong effort…
RFK Jr. says he’s suspending 2024 campaign, backing Donald Trump
(WASHINGTON) -- Robert F. Kennedy Jr. announced Friday he is suspending his long-shot campaign for president and instead supporting former President Donald Trump.He did so at an event in Phoenix, Arizona, during which he encouraged voters in red or blue states to vote for him but said he would remove…
Harris, Vance tout child tax credit expansions following financial assistance success
(WASHINGTON) -- With the economy a priority for many Americans in the upcoming 2024 election, the Democrats and Republicans are pitching plans to tackle the financial burden facing families nationwide.Vice President Kamala Harris, the 2024 Democratic presidential candidate, is proposing a new plan to provide up to $6,000 in tax…
Justice Department antitrust suit against RealPage alleges collusion with landlords
(WASHINGTON) -- The Justice Department and several state attorneys general filed an antitrust suit Friday against RealPage, alleging the real estate software company engaged in a complex collusion scheme with landlords that resulted in higher prices for renters across the country.The lawsuit is the latest salvo in the Biden administration's…
Harris’ historic speech, patriotism and more Trump digs: Takeaways from DNC Night 4
(CHICAGO) -- The four-day gathering of Democrats in Chicago came to a historic end when Vice President Kamala Harris formally accepted the party's nomination for president.The final night of the Democratic National Convention focused on patriotism, featured heartrending stories on hot-button policy issues and showcased Republicans who say they are…
Why Maryland Senate hopeful Angela Alsobrooks is championing a Harris presidency
(CHICAGO) -- The Democratic National Convention has seen the party's top leaders advocate for Vice President Kamala Harris to win the White House this November.Among the many speakers to take the DNC stage this week was Angela Alsobrooks, a Democratic Senate candidate in Maryland who stands to make history as…
Trump responds angrily to Harris’ DNC speech in posts on social media platform
(NEW YORK) -- Former President Donald Trump responded angrily to Vice President Kamala Harris even as she was delivering her nomination acceptance speech to the Democratic National Convention on Thursday night, posting more than 40 times on his social media platform as she spoke, attempting to clarify his stance on…
DNC 2024 Day 4 live updates: Harris says she will ‘fight for America’s future’
(CHICAGO) -- The final day of the Democratic National Convention wraps up with Kamala Harris' big moment: her acceptance speech in which she gets to tell her story to the millions of Americans watching.Her campaign says, in addition to describing her middle-class upbringing, she will continue to stress optimism and…
Read Kamala Harris’ full speech from the Democratic National Convention
(CHICAGO) -- Kamala Harris officially accepted the Democratic nomination in the 2024 presidential election, closing out four days of the Democratic National Convention in Chicago.Harris delivered remarks to the crowd of delegates and party members at the United Center Thursday, highlighting the night's "For the Future" theme and voicing her…
RFK Jr. withdraws petition to be on Arizona ballot amid plans to end campaign
(WASHINGTON) -- Robert F. Kennedy Jr. has officially withdrawn his petition to be on the Arizona ballot, the Arizona secretary of state's office told ABC News Thursday night, marking the first tangible sign Kennedy plans to exit the presidential race."We have processed withdrawal forms for RFK prior to the ballot…