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Hakeem Jeffries stated he will oppose an amendment that would end U.S. funding for Israel. The proposal is attached to the fiscal 2027 State Department spending bill and has divided Democrats.
algemeiner.comThe amendment is part of the fiscal 2027 State Department spending bill now under consideration.
Democrats have split over the measure, with some supporting the funding cutoff and others opposing it. The amendment would end U.S. assistance to Israel through the State Department appropriations process.
Jeffries stated his opposition to the amendment in comments reported by Politico. The statement marks his public stance on the funding provision ahead of further legislative action. No timeline for a vote on the amendment was provided in the reports.
cnbc.comThe report details persistent inflation pressures from tariffs, energy costs and AI investment. It also covers moderate GDP growth and a stable labor market as of mid-2026.
cnbc.comFed Chair Kevin Warsh said the United States should not bail out any sector, including crypto, during his semiannual monetary policy report to Congress. He also stated that the Treasury can use the Exchange Stabilization Fund for swap lines unrelated to the Federal Reserve's mone…
news.sky.comThe consumer price index rose 3.5 percent from a year earlier in June after a sharp monthly drop in energy prices. Core inflation eased to 2.6 percent over the same period.