June 2025

Senate confirms Trump’s pick for HUD deputy secretary

The U.S. Senate approved President Donald Trump’s nominee for deputy secretary at the Department of Housing and Urban Development on a party-line vote Tuesday. Andrew Hughes, a former HUD official who most recently had been serving as chief of staff to department Secretary Scott Turner, was confirmed by a vote of 51-44. All Republicans voiced

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A Grocery Store As U.S. Inflation-Adjusted Consumer Spending Unexpectedly Rose In March

Fed likely to hold steady after muted tariff impact in CPI

David Paul Morris/Bloomberg UPDATE: This article includes a quote from Treasury Sec. Scott Bessent. Inflation rose modestly last month, signaling that the U.S. economy might be feeling the effects of elevated tariffs.  The Consumer Price Index increased 0.1% in May, bringing the year-over-year inflation rate to 2.4%. The monthly increase was less than the 0.2%

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