Washington is still reeling from Senator Al Franken's decision to resign. He made the announcement on the Senate floor yesterday amid allegations from numerous women that he had sexually harassed them. During his speech, Senator Franken cited the irony that he was stepping down while Roy Moore was still running for a place in the U.S. Senate with the president's full support.
Rare Politics Editor Jack Hunter lays out the debate happening in Congress over issues of sexual harassment. He says that this is a far-reaching issue that clearly crosses party lines.
Senator Franken isn't the only member of Congress to resign this week due to allegations of sexual misconduct. Arizona Congressman Trent Franks resigned upon learning he was being investigated by the Congressional Ethics Committee. Hunter discusses how these resignations will impact the future of Congress.
A new poll finds most U.S. adults are worried about health care becoming more expensive.
The White House budget office says mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown continues.
President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. Trump says one of the policies the U.S. is calculating is "a massive increase of Tariffs on Chinese products coming into the United States." A monthslong calm on Wall Street was shattered, with U.S. stocks falling on the news. The Chinese Embassy in Washington hasn't responded to an Associated Press request for comment.
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.
From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.
The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now.
