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e Powell has two messages for Congress this morning: Central bank independence is critical, and an interest-rate cut is likely at the end of July. Heather Long got a first look at his prepared testimony before the House Financial Services Committee: "Since [June], it appears that uncertainties around trad
BEAR IN THE WOODS: -- A congressional panel grilled former Trump associate Felix Sater for more details on the president's failed Moscow project. Karoun Demirjian and Tom Hamburger report: "Sater met privately with House Intelligence Committee staffers investigating interference in the 2016 presidential elec
nted a similarly sized reduction, the tax cut could equate to a bigger tax break for many families than the 2017 tax law." (Economics correspondent Heather Long prepared 15 charts to compare the Trump economy to the Obama economy.) EFTA00046770 -- Nearly 3 out of 4 economists surveyed by the National Ass
ree "that the FBI had enough information in July 2016 to justify launching an investigation into members of the Trump campaign," Devlin Barrett and Karoun Demirjian scoop. "The Justice Department's inspector general, Michael Horowitz, is due to release his long-awaited findings in a week, but behind the scenes
A: -- The Fed cut the benchmark interest rate for the first time in more than a decade, lowering it by a quarter- point to just under 2.25 percent. Heather Long reports: The goal is to bolster the country's economy "amid early signs of a global slowdown. However, the central bank also inadvertently caused
e voted to advance Trump's pick to be the military's second- highest officer, despite an Army colonel's allegations that he sexually assaulted her. Karoun Demirjian reports: "The vote was 20 to 7, reflecting bipartisan support for Gen. John E. Hyten ... The vote also reflected bipartisan opposition, after Sen.
Entities connected to both Heather Long and Karoun Demirjian

Donald Trump
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Joe Biden
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