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Jerome H. Powell on Wednesday announced he would stay on as a governor at the central bank as internal divisions sharpen about the policy path forward.
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Also, the Pentagon estimates the Iran war cost at $25 billion. Here’s the latest at the end of Wednesday.
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The court struck down the voting map as an unconstitutional racial gerrymander in a move that could make it harder for lawmakers to create majority-minority voting districts.
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Democrats stand to lose at least one blue-leaning district in Louisiana, but the timing was unclear. Florida has approved a redder map, and Republicans in several other states are weighing new districts.
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Leaders and activists said a Supreme Court ruling had the potential to unravel decades of work toward giving Black Americans fair representation.