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Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, released the following statement after the Federal Open Market Committee (FOMC) announced it was maintaining the current interest rate target range.

Today, House Budget Committee Ranking Member Brendan F. Boyle and Senate Budget Committee Chairman Sheldon Whitehouse sent a letter to Federal Reserve Board Chair Jerome Powell ahead of this week’s Federal Open Market Committee (FOMC) meeting, expressing concern over the harmful economic effects of prolonged elevated interest rates and calling on the Fed to begin lowering rates.

Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 272,000 jobs in May.

Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, delivered opening remarks at a Budget Committee hearing on “Breaking Up Health Care Monopolies: Examining the Budgetary Effects of Health Care Consolidation.”

Today, the Supreme Court overturned a lower court ruling in Consumer Financial Protection Bureau v. Community Financial Services Association of America, Limited. The lower court ruling challenged the constitutionality of the funding structure for the Consumer Financial Protection Bureau (CFPB), which could have also endangered countless other programs not funded through annual appropriations, including Social Security, Medicare, and Medicaid.

Extreme Budget Supported By 80% of House Republicans, 100% of House Republican Leadership Would Cut Law Enforcement Funding

Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, delivered opening remarks at a Budget Committee hearing on “The Cost of the Border Crisis.”

Today, the trustees of the Social Security and Medicare trust funds issued their annual reports on the current and projected financial status of the two programs. The report found that the combined OASDI Trust Funds will be able to pay all benefits one year later than previously estimated and the HI Trust Fund will be able to pay full benefits five years longer, driven by a stronger than expected economy. Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, released the following statement.