Biden urges three month federal gas tax suspension
President Biden calls for a three month halt on federal gas and diesel taxes and urges states to follow, arguing relief could ease pump prices. He criticizes energy firms for prioritizing profits and faces skepticism in Congress and from economists.
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Washington
Joe Biden
Congress
Biden
Nancy Pelosi
House
Senate
Pelosi
Russia
Ukraine
Free World
America
Vladimir
Putin
Europe
Barack Obama
U.S. Strategic Reserve
Great
Mark Zandi
Moody’s Analytics
Mitch McConnell
US to Import 16 Million Baby Formula Bottles From Mexico
The Biden administration will logistics support importing about 16 million 8-ounce baby formula bottles from Mexico beginning this weekend to ease nationwide shortages after closures at a major U.S. plant. The effort, part of Operation Fly Formula, includes additional shipments from Europe, Australia, and Germany, with 32 flights and nearly 19 million bottle equivalents expected by June 26.
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Washington
Biden Administration
Mexico
U.S
Department of Health and Human Services
Nestlé
White House
Europe
Australia
Michigan
Abbott
Food and Drug Administration
Biden
Defense Production Act
Germany
Texas
Torso Killer linked to 1988 Diane Cusick murder in Long Island
Richard Cottingham, already a convicted serial killer, was arraigned on a second degree murder charge in Cusick's 1988 death at Green Acres Mall Nassau County. From a New Jersey hospital he pleaded not guilty as authorities review cold cases for possible further links.
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Mineola
N.Y
Diane Cusick
New York
Long Island
Richard Cottingham
America
Cusick
New Jersey
Cottingham
Caryn Fink
Jeff Groder
Groder
Nassau County
Anne Donnelly
Associated Press
Ms. Cusick
Green Acres
Stephen Fitzpatrick
Fitzpatrick
Diane
Donnelly
New York City
Powell Signals Fed Aims For Soft Landing Despite Recession Risk
Powell told the Senate Banking Committee that the Fed will raise rates high and fast enough to curb inflation without choking credit. He acknowledged a recession is possible but said restoring price stability remains essential for the labor market, with rate moves guided by inflation progress.
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Washington
Federal Reserve
Jerome Powell
Fed
Senate Banking Committee
Powell
Powell Fed
Ing
John Tester
Montana
Congress
Goldman Sachs