Political News from Yahoo

Fed's Yellen: few risks inflation will go much above 2%

Federal Reserve Chair Janet Yellen said Wednesday that inflation is expected to rise slowly from current low levels but not go much beyond the Fed's two percent target. "Longer-run inflation expectations have remained remarkably steady, however," and will slowly push up toward two percent, Yellen said in a speech to The Economic Club of New York. The Fed "is well aware that inflation could also threaten to rise substantially above two percent.

Pro-Russian insurgents seize armored vehicles

SLOVYANSK, Ukraine (AP) — Pro-Russian insurgents commandeered six Ukrainian armored vehicles along with their crews and hoisted Russian flags over them Wednesday, dampening the central government's hopes of re-establishing control over restive eastern Ukraine.

Reps. Sinema and Kennedy Running Boston Marathon to Honor Bombing Victims

“A marathon is a celebration of life and endurance and the human spirit,” Rep. Kyrsten Sinema says. “Runners are such a tight-knit community. Even if we don’t know each other, we treat each other like friends.” Next week, Sinema, a freshman Democrat from Arizona, will...

McCain slams West for 'laughable' response to Russia

US senator John McCain on Wednesday described the West's response to Russian actions in Ukraine as "almost laughable", saying a stronger stance is needed to keep the Kremlin in check. "Unless Europeans and the United States take much stronger action, I believe that Mr. Putin will feel bolder," he said after talks with Lithuanian president Dalia Grybauskaite. "The fact that we will not assist the Ukrainian government and people after they have been invaded by (Russian President) Vladimir Putin is shameful," he added. "The response to Vladimir Putin's behavior has been almost laughable."

Kerry heads for crunch Ukraine talks as tensions mount

US Secretary of State John Kerry left Wednesday for Geneva for high-stakes talks on Ukraine, armed with the threat of more sanctions against Moscow if diplomacy fails, as tensions on the ground escalated sharply. The US and the European Union will hold their first four-way talks with Ukraine and Russia on Thursday to address a worsening crisis, although US officials have set low expectations for the meeting, still smarting from a slew of failures in past weeks. With Ukraine increasingly threatened with a split between its Russian-speaking east and EU-leaning west, US State Department spokeswoman Jen Psaki said it was hoped the talks could help de-escalate tensions that have risen markedly in the past 24 hours. Kerry will sit down with Russian Foreign Minister Sergei Lavrov, his Ukrainian counterpart Andriy Deshchytsya and the chief diplomat of the European Union, Catherine Ashton, for what are likely to be prickly talks.

A year after background check defeat, modest goals

WASHINGTON (AP) — Democratic worries about this November's elections, a lack of Senate votes and House opposition are forcing congressional gun-control supporters to significantly winnow their 2014 agenda, a year after lawmakers scuttled President Barack Obama's effort to pass new curbs on firearms.

Jill Biden promotes Post-9/11 GI Bill website

WASHINGTON (AP) — Jill Biden is promoting a new website designed to make it easier for service members, veterans, their spouses and dependents to calculate their Post-9/11 GI Bill benefits at thousands of schools and job training programs.

Obama, Biden to announce $600M for job grants

WASHINGTON (AP) — Striving to show action on jobs, President Barack Obama and Vice President Joe Biden are hitting the road to trumpet $600 million in new competitive grants to spur creation of targeted training and apprenticeship programs that could help people land well-paying jobs.

Eyerolling at ‘American Blogger’

First time filmmaker Chris Wiegand recently debuted the trailer of his documentary ‘American Blogger,” and was met with ridicule. (Rightly so.)

Dishing With a Takedown Artist

Holly Peterson cast a cold eye on the Park Avenue set in her bestselling novel ‘The Manny.’ Now she’s taken on publishing’s meritocratic strivers. And she’s just as frank face to face.

Obama’s Tax Rate Hypocrisy

He says it’s ‘not right’ for multimillionaires to pay less in taxes than their secretaries, but he’s done just that for years. It’s just another way Obama has lost his moral authority.

The Obamacare Win That Wasn’t?

The health-care law will cost the country $100 million less than predicted, which sounds like a good thing—but you won’t hear Republican detractors say so.

Killing the Muslim Spy Unit

An NYPD unit tasked with spying on the city’s Muslims was publicly killed Tuesday, just days after a legal ruling that upheld its legal basis. So what gives?

Divided in the Wake of Fort Hood

After Fort Hood many veterans saw a tragic but isolated incident, while a narrative about PTSD fueled violence spread in the media. The tragedy revealed the extent of our divisions.

The Glossy Mag Challenging Vogue

When Net-a-Porter launched in 2000, the site changed the e-commerce business. Now it’s trying to revolutionize publishing with the launch of Porter, the ‘magazine of the future.’

The ID Whose Time Has Come

Citing nonexistent ‘voter fraud,’ Republicans are rolling back the right to vote nationwide. But Obama could fight back before November by putting picture IDs on Social Security cards.

Gun-Toting Ranchers Defeat Feds

The U.S. government says Cliven Bundy owes $1 million in grazing fees and sent in contract cowboys to round up his cattle. But the 67-year-old rancher managed to fight them off—for now.

Liam Neeson’s Horse Cart Crusade

The actor says horses are bred to pull carriages and have done so forever. The minute he uttered those words, he should have packed up and left New York City.

Court to weigh challenge to ban on campaign lies

WASHINGTON (AP) — Negative campaigning and mudslinging may be a fact of life in American politics, but can false accusations made in the heat of an election be punished as a crime?

House Democrats' committee sitting on $40M fund

WASHINGTON (AP) — Donors gave more than $10 million in March to the committee tasked with electing House Democrats and helped it amass a $40 million fund to fight skepticism that Republicans can be ousted from their majority in November.