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Calls for gas tax suspensions grow as Americans struggle with high prices

With gasoline prices hovering near $4.50 a gallon amid the Iran war, calls to suspend federal and state gas taxes are gaining momentum. Multiple states, including Indiana and Georgia this week, have either suspended or reduced their own fuel taxes to ease prices at the pump elevated by the seven-month conflict. Georgia Gov. Brian Kemp…

Fed’s Warsh seeks to avoid forward guidance. His colleagues aren’t listening

Federal Reserve Chair Kevin Warsh has sought to move the central bank away from forecasting its policy decisions during his four-plus months in charge. But after the Fed raised interest rates earlier this month, multiple officials have indicated future hikes are coming. “If the economy evolves in a manner broadly consistent with my forecast, one…

Monday, October 19, 2026

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