Congress

With only three weeks left until her final meeting as chairwoman of the FOMC, Fed Chairwoman Janet Yellen today will make what's expected to be her final appearance before Congress when she delivers testimony to the Joint Economic Committee. The Fed was already widely expected to raise interest rates next month, but in case there was any doubt, Yellen pushed the dollar higher when she released her prepared remarks. In her remarks, she praised the "increasingly broad-based" economic expansion that she is leaving in the hands of her successor and colleague, Jerome Powell.

Authored by Patrick Buchanan via Buchanan.org,

Why would Christian conservatives in good conscience go to the polls Dec. 12 and vote for Judge Roy Moore, despite the charges of sexual misconduct with teenagers leveled against him?

Answer: That Alabama Senate race could determine whether Roe v. Wade is overturned. The lives of millions of unborn may be the stakes.

Since President Donald Trump took office in January, the GOP Congressional leadership has repeatedly failed to corral the votes needed to transform the president’s legislative agenda into law, largely thanks to the Republicans’ razor-thin majority in the senate, which has bred factionalism and encouraged senators to play hardball to try and strong-arm the leadership into concessions.

Authored by Stephen Moore op-ed via The Wall Street Journal,

The wealthy have tucked billions into private nonprofits... where the IRS can’t touch it.

Last week, we reported how Congress’s Office of Compliance paid out $17 million for 264 settlements with federal employees over 20 years for various violations, including sexual harassment – information that was brought to light by California Rep. Jackie Speiers, who claimed that two men with a history of sexual harassment continued to serve in the House – one of whom was a Republican and one a Democrat.