House Speaker McCarthy and congressional Republicans are playing a dangerous game. They are threatening to default on the nation’s obligations in an attempt to force through an unpopular agenda.

Today, Senator Martin Heinrich (D-NM), Chairman-Designate of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 517,000 in January and the unemployment rate fell to 3.4%, the lowest rate since May 1969. The unemployment rate was 5.4% for Black workers, 4.5% for Hispanic workers, 2.8% for Asian workers, and 5.7% (not seasonally adjusted) for American Indian and Alaska Native workers. Today’s data also show that the U.S. added over 4.8 million jobs in 2022, 311,000 more than were previously estimated.

Today, the U.S. Congress Joint Economic Committee—led by Chairman Don Beyer (D-VA)—released a new report detailing the rise and fall of the digital asset market in 2021 and 2022 and the need for further protections to mitigate risks to everyday consumers and the U.S. financial system.

The U.S. Congress Joint Economic Committee—led by Chairman Don Beyer (D-VA)—released a new report highlighting the significant contributions immigrants make to the U.S. economy and its recovery from the pandemic.