Rep. Jim Jordan (R-Ohio) says the U.S. economy is moving in a 'pretty good direction' despite costs that are 'tough' on families, crediting 2025's tax-cut law.…
Pandemic lockdowns disrupted global supply chains while historic fiscal stimulus and near-zero interest rates supported demand — the combination economists most consiste…
Annual CPI inflation peaked at 9.1% in June 2022, the highest reading since 1981, driven by energy prices, post-pandemic demand and supply-chain bottlenecks. Every price…
Jordan assumed the Judiciary chairmanship on January 3, 2023, a position he still held as of August 2026 — jurisdiction over antitrust and some trade law, though not fis…
Signed July 4, 2025, the law permanently extended 2017 tax rates. House Clerk records show only two Republicans voted no on final passage — Jordan was not among them.
After tariffs on autos, pharmaceuticals and other goods rose from 15% to 25% amid a dispute involving Coupang, Jordan called it retaliation against unfair targeting of A…
The war disrupted the Strait of Hormuz, through which roughly a fifth of global oil trade passes. Brent crude surged more than 25%, pushing U.S. gas prices toward $4.50+…
The DOJ investigation into Powell over Fed headquarters costs, opened Nov. 2025, was dropped April 24, 2026. Powell confirmed April 29 he'd step down as chair at term's…
With gas at $4.53/gallon, Kaitlan Collins pressed Jordan on Trump's 2024 promise of gas under $2. Jordan said prices "were coming down until we had to deal with this sit…
Jordan said the economy is "moving in a pretty good direction" while costs "are tough" on families, crediting the 2025 tax-cut law: "We said we would cut taxes, we did t…
July CPI eased slightly to 3.4% (core 2.5%); June's core PCE, the Fed's preferred gauge, stood higher at 3.3%. The Fed held its rate at 3.50%-3.75%, with three officials…
Read the complete story, FAQs and key facts.