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Rep. Jim Jordan speaks during a hearing on Capitol Hill on June 9. Photo: Elizabeth Frantz/Bloomberg via Getty Images

5 big things

1.Jim Jordan wins House GOP minority leader race

  • Kate Santaliz
Harsh new inflation reality
2.Harsh new inflation reality
Pressure builds on Thune ahead of GOP leadership elections
3.Pressure builds on Thune ahead of GOP leadership elections
Vance says Hegseth impeachment vote "isn't about Iran"
4.Vance says Hegseth impeachment vote "isn't about Iran"
Price pressures persisted in October
5.Price pressures persisted in October
    • Kate Santaliz
    12 mins ago
    -
    Politics & Policy
    GOP House rejects Hegseth impeachment effort
    Speaker in a dark checkered suit and striped tie at a podium, in front of a large Pentagon sign reading "THE PENTAGON, WASHINGTON"; a blue flag with a white star and eagle stands to the right.

    Defense Secretary Pete Hegseth speaks during a news conference at the Pentagon on November 10. Photo: Chip Somodevilla/Getty Images

    House Republicans voted Tuesday evening to block an effort to impeach Defense Secretary Pete Hegseth, shielding a top Trump administration official from a politically embarrassing rebuke.

    Why it matters: The vote marks a victory for Hegseth, the Trump administration and Republican leaders, who were bracing for the prospect of a rebellion within their own ranks.

    Go deeper (1 min. read)
    • Julianna Bragg
    2 hours ago
    -
    Economy
    Americans' credit card debt hits a record high

    Americans' credit card balances hit a record $1.29 trillion in the third quarter, according to a new report released by the Federal Reserve Bank of New York.

    Why it matters: Falling behind on credit card payments can trap struggling households in a cycle of fees, damaged credit and increasingly expensive borrowing. The latest figures show that financial pain is concentrated in lower-income communities, even as delinquency rates improve nationally.

    Go deeper (1 min. read)
    • Avery Lotz
    3 hours ago
    -
    Politics & Policy
    3 charged with plotting terror attacks in U.S., Europe
    A military jet takes off from a runway in the United Kingdom.

    A Rockwell B1 Lancer heavy bomber departs on October 4 in Fairford, United Kingdom. Photo: David Bown/Getty Images

    Three individuals were charged in connection with alleged Iranian-linked terror plots, including a September scheme against a British Royal Air Force Base that housed U.S. military personnel and aircraft, per an indictment unsealed Tuesday.

    The big picture: The indictment alleges that a leader of an Islamic terrorist group attempted to coordinate with his fellow defendants from jail by passing coded messages through third parties.

    Go deeper (1 min. read)

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