Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday.

Texas, and Jim Banks, R-Ind. introduced a bill to create Education Savings Accounts for the children of active-duty service members.

Republican Rep. Michael McCaul called out members of his party behind closed doors this week for parroting Russian disinformation and Russian President Vladimir Putin’s talking points, a source ...