The Latest Breaking News from Jack Reed

The size of deposits covered by federal bank rescues has lawmakers talking about the discipline of a cap on deposit insurance.

GROTON, Connecticut – Electric Boat hired 3,700 shipbuilders last year. It wants to hire more than 5,000 this year and just as many every year for decades into the future.

WASHINGTON — Missouri Republican Sen. Josh Hawley was booted from his perch on the powerful Armed Services Committee last month as retribution for delaying the confirmation of numerous Defense Department nominees last year, and for his role in challenging Mitch McConnell’s hold as the chamber’s top Republican, sources tell CQ…

The high-altitude Chinese balloon that crossed over the U.S. last week is just part of a years-long surveillance program with Beijing deploying such craft around the globe, the US said, as officials sought to draw new attention to what they say is an increasingly aggressive Chinese spying campaign.

Was it retribution or magnanimity? Accounts differ on Missouri Republican Josh Hawley's departure from the desirable Armed Services panel.

America's next-generation B-21 bomber could be sent to Australia to "accelerate" national security under a Congressional proposal put to the US Defence Secretary.

With egg prices more than doubling in the past year, calls are coming for an investigation into possible price gouging

A week after it was revealed two powerful United States Senators warned President Joe Biden last year that selling submarines to Australia to could stretch the US industrial base to "breaking point", a bipartisan group of US politicians now publicly throw their weight behind the AUKUS pact.

Maine’s independent senator says the U.S. risks enabling the spread of extremism in Europe if it stopped providing support to Ukraine in its war with Russia

Opposition Leader Peter Dutton maintains America should sell Australia Virginia-class submarines, despite calls that it might kill the US submarine industry.

Two powerful US politicians warn President Joe Biden the proposal to help Australia acquire nuclear-powered submarines risks harming America's industrial base to "breaking point".