The Latest Breaking News from Washington D.C.

WASHINGTON — Hot inflation data could lead the Federal Reserve to raise interest rates to higher levels and at an accelerated pace, Federal Reserve Chairman Jerome Powell told the Senate Banking Committee on Tuesday.

WASHINGTON — The Republican and Democratic leaders of the House Foreign Affairs Committee said they triggered a requirement that the Biden administration determine within four months whether a Chinese surveillance company should be sanctioned for human rights violations against ethnic Uyghurs and other Muslim minorities in the Xinjiang province.

WASHINGTON — Consumer advocacy group Public Citizen and ethics advisers who served in the White House under President Barack Obama and George W. Bush submitted a complaint to the Office of Congressional Ethics on Tuesday urging an investigation of Speaker Kevin McCarthy’s exclusive release of Jan. 6 footage to Fox…

Google parent Alphabet is top of mind for antitrust enforcement of Big Tech in the U.S., investment bank Needham says.

WASHINGTON — President Joe Biden on Tuesday said he’ll propose increasing taxes on some upper-income business owners and expanding prescription drug cost controls enacted in last year’s budget reconciliation package as a means of lowering federal deficits and extending Medicare’s solvency.

Chinese Foreign Minister Qin Gang warned Tuesday that Beijing and Washington are headed for “conflict and confrontation” if the US doesn't change course, striking a combative tone at a moment when relations between the rivals are at a historic low.

WASHINGTON — The Biden administration’s new cyber strategy calling for minimum security standards across multiple economic sectors looks likely to face opposition from some lawmakers and businesses as U.S. officials work to implement the blueprint.

Microsoft laid off another 689 workers from its Seattle-area offices Monday, the latest move by the Redmond, Washington-based tech giant to trim costs amid an industrywide post-pandemic slump.

The company - which has recently achieved B Corporation status - has moved to new premises in Washington

Qin Gang rebuked Washington over its Taiwan policy and the balloon incident, while praising Beijing’s relationship with Russia. Plus, the secret history of Merle Oberon

Chinese leader Xi Jinping's rare explicit criticism of the U.S. was followed on Tuesday by a barrage of scorn and criticism aimed squarely at Washington from China's new foreign minister.