Evette won the GOP gubernatorial primary with about 29.1% of the vote compared to Wilson's 26.5%
The party risks betraying its own values if it won't denounce the embattled Maine Senate candidate
The Graham Platner controversy is complicating Democrats' Senate strategy as scandals and criticism reshape Maine's key Senate race
There have been plenty of dramatic story lines in the contest to choose a successor to term-limited California governor Gavin Newsom, from the sudden implosion of Eric Swalwell's once-robust candidacy to the gradually subsiding fear that the very Democratic electorate would be forced to choose between two Republicans in November
In a TIME interview, Hilton says California voters are ready for a Republican reset. But can he work with a Democratic state legislature?
Surveys are predicting a close, three-way race between a veteran leftist candidate, a right-wing senator and an independent businessman, which is likely to go to a second-round run-off
Our friend Roger Kimball, an optimist, describes the Last Days of the Iranian Regime. As Roger argues, the regime’s condition is indeed dire: The war is over. If this were a novel, we’d be in epilogue territory where we tie up some loose threads in the plot and learn about the fates of various characters. *** The naval blockade, which interdicts shipping to and from Iranian ports, is costing the
The Warsh era begins with soaring inflation, a Middle East energy shock bleeding into other parts of the economy and colleagues skeptical that rate cuts should come anytime soon. Add on top: Kevin Warsh faces more political pressure to deliver lower rates than any other Federal Reserve chair in recent memory. Why it matters: The 17th Fed chair, sworn in Friday at the White House, inherits a set of economic conditions that make it difficult to justify cutting rates. Despite President Trump's unprecedented pressure on Warsh's predecessor, Jerome Powell, to cut rates, the president struck a different tone on Friday."Honestly, I really mean this: I want Kevin to be totally independent and just do a great job. Don't look at me, don't look at anybody. Just do your own thing and do a great job," Trump said at Warsh's swearing-in ceremony. What they're saying: "Our mandate at the Fed is to promote price stability and maximum employment," Warsh said. "When we pursue those aims with wisdom and clarity, independence and resolve, inflation can be lower, growth stronger, real take-home pay higher, and America can be more prosperous, and no less important, America's place in the world more secure.""To fulfill this mission," he added, "I will lead a reform-oriented Federal Reserve, learning from past successes and mistakes, both escaping static frameworks and models, and upholding clear standards of integrity and performance." The intrigue: Not long before Warsh was officially sworn into the post, Fed governor Christopher Waller gave a notable speech that cemented his hawkish pivot. Just months ago, he was a leading advocate for rate cuts to boost what he saw as a souring labor market. Waller's speech, aptly titled "Policy Risks Have Changed," suggests his view has flipped.Waller said it might be appropriate to strip the Fed's policy statement of its "easing bias" language, aligning with a group of Fed presidents who dissented last month over the inclusion of such a signal. Zoom i
He seems to hope to slip away without Americans noticing the magnitude of this defeat
Even if they can find middle ground, there's the question of the best messenger for a party that lacks a clear leader