Live from NPR News in Washington, I'm Dave Mattingly.
With inflation persisting in the U.S.
Economy, the cost of borrowing money is going up.
The Federal Reserve is raising interest rates by a quarter point.
It marks the central bank's first rate increase in more than three years and the first under Fed Chair Kevin Warsh.
The plain fact is that inflation is too high and has been for too long.
The rate hike will make things like auto loans and credit cards more expensive.
House Speaker Mike Johnson has adjourned lawmakers early for their seven-week recess ahead of the November elections.
It means the House will not be forced to vote on a measure
calling for the impeachment of Defense Secretary Pete Hegseth before the midterms.
Republican Congressman Thomas Massey of Kentucky introduced articles of impeachment
against Hegseth this week over the war with Iran.
NPR's Quill Lawrence says House lawmakers are also leaving Washington,
D.C. Before voting on a piece of legislation affecting U.S.
Military veterans that's languished for years.
The bill would close a loophole that prevents some veterans
who get VA disability benefits from also collecting full military retirement pay.
We've earned it.
I was willing to give my life no problem for this country.
That's Jen Knott, who saw combat in Iraq.