The timing of those rate cuts, which would lead to lower borrowing costs for consumers and businesses, remains uncertain.
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The families of Americans being held hostage by Hamas called on the U.S. government to do everything it can to secure their release.
The bill’s failure a day before Saturday’s deadline to fund the government leaves few options left to prevent a shutdown that will furlough federal workers.
She has served as California’s senior senator since 1992 and was one of several trailblazing women elected to Congress that year.
The Biden administration is targeting the blood thinner Eliquis, diabetes treatment Jardiance and eight other medications for Medicare’s first-ever drug price negotiations as it seeks to lower medical costs for Americans.
The president also urged colleges not to let Thursday’s ruling “be the last word.”
It’s a move that some advocates have long sought as a way to improve access to a life-saving drug, though the exact impact will not be clear immediately.
Cities nationwide have braced for protests after body camera footage was released Friday showing Memphis officers beating 29-year-old Tyre Nichols, who died of his injuries three days after the Jan. 7 attack.
Competing priorities and outsized demands stymied a deal last summer on how to drastically reduce water use from the parched Colorado River.
The bill, which would ensure that same-sex and interracial marriages are enshrined in federal law, was approved 61-36 on Tuesday.