U.S. to release 50 million barrels of reserve oil to ease energy costs
The move is aimed at global energy markets, but also at U.S. voters who are coping with higher inflation and rising prices ahead of Thanksgiving and winter holiday travel.
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Analysis: Biden’s Federal Reserve pick reflects political balancing act
By picking Jerome Powell to stay on as chair of the powerful Federal Reserve, President Joe Biden is trying to navigate hazardous crosscurrents between economic and political forces.
Indiana GOP bill stymies workplace COVID-19 vaccine mandates
The bill is set on an extraordinary fast track for approval, with a single public hearing scheduled for Tuesday at the Statehouse followed by the House and Senate voting on final approval six days later.
Indiana lawmakers to reconvene Nov. 29, look to end COVID-19 orders
Many conservatives have criticized Republican Gov. Eric Holcomb for continuing to extend the monthly public health order, which he has renewed 20 times, although he has signaled he might not to do so again.
Indiana Governor’s Office suite undergoing privately funded renovations
The Holcomb administration hasn’t provided information on contributors to the project or to which entity that money was being given.
Renewed Indiana pot legalization push faces GOP opposition
The Republican-dominated Legislature has not taken any action on bills submitted over the past decade for allowing medical marijuana or removing criminal penalties for possessing small amounts of the drug.
Two Democratic senators oppose Powell as Fed chair
Their opposition comes as President Joe Biden is expected to announce within days whom he will choose for the nation’s most powerful economic position.
Here’s what’s inside Dems’ massive social and climate measure
The 2,135-page bill includes universal preschool, funding to limit child care costs, expanded health care programs and a one-year continuation of a child tax credit, among many other provisions.
U.S. House passes $2T-plus spending package to expand social benefits, fight climate change
The measure adopted Friday amounts to a dramatic re-envisioning of the role of government in Americans’ daily lives. It still must survive an even tougher political slog in the days ahead.
Nominee for U.S. banking regulator faces hostile opposition
Saule Omarovaa’s previous criticism of the banking industry makes the banks fearful she will be a tough regulator for Wall Street. They also are wary because of academic writings in which she has proposed substantial overhauls to how banks operate in the U.S.
Biden pushes electric vehicle chargers as energy costs spike
The president is hoping to do even more to promote electric vehicles, including a provision for a $7,500 tax credit for consumers who buy electric vehicles through 2026 that’s been floated as part of his proposed $1.85 trillion social services and climate bill.
Indiana governor, GOP lawmakers look to end COVID-19 orders
Indiana’s governor is facing pressure from fellow Republicans to end the statewide COVID-19 public health emergency order that’s been in place since March 2020 even as the state has seen a recent jump of infections and hospitalizations.
GOP-majority court chosen to consider Biden vaccine mandate
The selection could be good news for those challenging the administration’s vaccine requirement, which includes officials in 27 Republican-led states, employers and several conservative and business organizations.
A dozen states, including Indiana, challenge health worker vaccine mandate
The latest suit, dated Monday, was filed in Louisiana on behalf of 12 states and comes less than a week after another lawsuit challenging the rule was filed in Missouri by a coalition of 10 states.
State higher education chief Teresa Lubbers stepping down
Indiana Commissioner for Higher Education Teresa Lubbers plans to leave her position at the end of the 2022 legislative session, ending a nearly 13-year run in the job, the governor’s office announced Tuesday morning.
State lawmakers preview priorities at Chamber legislative event
Business tax cuts and nixing government-imposed vaccine mandates will be among the legislative priorities for Indiana Chamber of Commerce next year, and top GOP lawmakers mostly appear to be on the same page.
Biden signs $1T infrastructure deal with bipartisan crowd
The president hopes to use the infrastructure law to build back his popularity, which has taken a hit amid rising inflation and the inability to fully shake the public health and economic risks from COVID-19.
Roads, transit, internet: What’s in the infrastructure bill
The $1 trillion infrastructure plan that President Joe Biden plans to sign into law has money for roads, bridges, ports, rail transit, safe water, the power grid, broadband internet and more.
Federal spending bill would give local news outlets ‘shot in the arm’
Though the proposal’s main objective was to rescue small papers hit hard by the pandemic, should the tax break become law, Gannett, one of the nation’s largest remaining newspaper chains, could gain as much as $127.5 million over five years.
Biden approval hits new low as economic discontent rises, Post-ABC poll finds
Overall, the survey offers a set of harsh judgments about the president’s performance and the state of the economy. Together, they send a stark warning to Democrats about their prospects in the 2022 midterm contests.