The Wheels On The Omnibus
Lawmakers introduced a bipartisan agreement on a spending bill to keep the government funded — but it’s bringing out the claws among Republicans. Rep. Kevin McCarthy went after Sen. Mitch McConnell for supporting the spending package, in what may be a move to muster support for his bid to become House Speaker. The Federal Reserve hiked its target interest rate by half a percentage point on Wednesday. This is the seventh time the central bank has raised rates this year, and warned that more increases could come in the new year. And in headlines: survivors of the Club Q shooting testified before Congress, an autopsy report revealed that American soccer journalist Grant Wahl died of an aortic aneurysm, and Oregon Governor Kate Brown commuted the sentences of 17 people on the state’s death row.