Federal Political Coverage NewsOK and The Oklahoman

  • Yellen meets with conservative groups unhappy with Fed

    Updated: 7 hr ago

    WASHINGTON (AP) — Federal Reserve Chair Janet Yellen met Friday with a group of conservative activists who are unhappy with the way the central bank is conducting its interest-rate policies. The meeting, which was set up in early February, came two days after Yellen came under heavy criticism...

  • Obama pitches privacy bill, Democrats say it falls short

    Updated: 8 hr ago

    WASHINGTON (AP) — Amid "rapid growth" in the collection of data on Americans, the White House on Friday proposed legislation that calls on businesses to do more to help consumers protect their personal information. The draft bill, first obtained by The Associated Press, gives a nod to consumers...

  • 5 reasons US economy is stronger than Q4 GDP suggests

    Updated: 9 hr ago

    WASHINGTON (AP) — The U.S. economy grew at a modest annual rate of 2.2 percent in the fourth quarter, less than half the third quarter's torrid 5 percent rate and weaker than the government first reported. While the sharp slowdown seems troubling on the surface, economists say it's actually...

  • US consumer sentiment slips in February on icy weather

    Updated: 13 hr ago

    WASHINGTON (AP) — Harsh winter weather left U.S. consumers feeling a bit less confident this month, the University of Michigan says. But confidence levels still remain at the highest level in eight years. The University of Michigan says its index of consumer sentiment slid to 95.4 in February...

  • Signed contracts to buy US homes rise to 18-month high

    Updated: 15 hr ago

    WASHINGTON (AP) — The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year. The National Association of Realtors said Friday that its seasonally adjusted pending home sales index...

  • Obama to host European Council president next month

    Updated: 16 hr ago

    WASHINGTON (AP) — President Barack Obama will host European Council President Donald Tusk at the White House next month. The White House says the two will review a range of issues, including Ukraine, Russia, a pending trade deal between the U.S. and European countries, economic growth, energy...

  • Study: Smokers may tap into multiple sources for nicotine

    Updated: 17 hr ago

    WASHINGTON (AP) — The first peek at a major study of how Americans smoke suggests many use combinations of products, and often e-cigarettes are part of the mix. It's a preliminary finding, but it highlights some key questions as health officials assess electronic cigarettes. "Are e-cigarettes...

  • US economic growth in Q4 revised down to 2.2 percent

    Updated: 17 hr ago

    WASHINGTON (AP) — The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit. The Commerce Department said Friday that the economy as measured by the gross domestic product grew at an...

  • Oil train wrecks increase pressure for tougher safety rules

    Updated: 18 hr ago

    WASHINGTON (AP) — Fiery wrecks of trains hauling crude oil have intensified pressure on the Obama administration to approve tougher standards for railroads and tank cars despite industry complaints that it could cost billions and slow freight deliveries. On Feb. 5, the Transportation Department...

  • US economy grew at moderate 2.2 percent in fourth quarter, slower than previously believed

    Updated: 18 hr ago

    WASHINGTON (AP) — US economy grew at moderate 2.2 percent in fourth quarter, slower than previously believed.

  • Investigators find 32,000 emails in IRS probe

    Updated: Thu, Feb 26, 2015

    WASHINGTON (AP) — Investigators said Thursday they have recovered 32,000 emails related to a former IRS official at the heart of the agency's tea party scandal. But they don't know how many of them are new. The emails were to and from Lois Lerner, who used to head the IRS division that...

  • Obama steps up pitch for trade, exports, targets Democrats

    Updated: Thu, Feb 26, 2015

    WASHINGTON (AP) — Relying on Republicans and going against the grain of his own party for his legislative successes has not been much of a go-to play in President Barack Obama's game plan. Then there's international trade. On Thursday, Obama stepped up his campaign for expanding exports and...

  • Regulators approve tougher rules for Internet providers

    Updated: Thu, Feb 26, 2015

    WASHINGTON (AP) — Internet activists declared victory over the nation's big cable companies Thursday, after the Federal Communications Commission voted to impose the toughest rules yet on broadband service to prevent companies like Comcast, Verizon and AT&T from creating paid fast lanes and...

  • 5 things to know about 'net neutrality'

    Updated: Thu, Feb 26, 2015

    WASHINGTON (AP) — Netflix, Twitter and Internet activists have won. Big cable has lost. At least until the federal courts get involved, when everything could change. Five things you need to know about the Federal Communications Commission's vote Thursday to enforce "net neutrality" rules for the...

  • Pew study: Americans still stressed despite improved economy

    Updated: Thu, Feb 26, 2015

    WASHINGTON (AP) — Nearly six years after the Great Recession, a clear majority of American families say they feel unprepared for a financial emergency. The Pew Charitable Trusts' poll of 7,000 U.S. households finds that 57 percent don't consider themselves ready for a sudden financial setback,...

  • GOP claims paper shows fed aides' preps for health law loss

    Updated: Thu, Feb 26, 2015

    WASHINGTON (AP) — A leading House Republican claimed Thursday that he's been told of a 100-page document showing the Obama administration is preparing contingency plans in case the Supreme Court invalidates federal subsidies that help millions of Americans afford health care coverage. At a...

  • Report: Surge in Chinese investment raises fraud risks

    Updated: Thu, Feb 26, 2015

    WASHINGTON (AP) — Chinese investors seeking green cards to live in America run the risk of being defrauded under a loosely regulated visa program, according to a report Thursday from a federal watchdog. The U.S.-China Economic and Security Review Commission raises questions about America's EB-5...

  • FCC rules Internet companies must act in "public interest" when providing mobile connection

    Updated: Thu, Feb 26, 2015

    WASHINGTON (AP) — FCC rules Internet companies must act in "public interest" when providing mobile connection.

  • Ag secretary: Smartphones could tell buyers what's in food

    Updated: Thu, Feb 26, 2015

    WASHINGTON (AP) — In the ever-complicated debate over labeling of genetically modified foods, Agriculture Secretary Tom Vilsack offers this idea: Use your smartphone. Vilsack told members of Congress on Wednesday that consumers could just use their phones to scan special bar codes or other...

  • Average US rate on 30-year mortgage rises to 3.80 percent

    Updated: Thu, Feb 26, 2015

    WASHINGTON (AP) — Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage rose to 3.80 percent from 3.76 percent...