Charter schools: Louisiana Attorney General Jeff Landry is joining with his counterparts in 15 states to oppose proposed new regulations from the Biden administration that would restrict federal grants for public charter schools. Landry and charter school supporters contend that regulations proposed by the Department of Education in March will undermine the intent of a 2015 law designed to increase the number of quality charter schools in the U.S. Read the full story from The Center Square.
Trucks and SUVs: Ford is recalling more than 650,000 pickups and big SUVs in the U.S. because the windshield wipers can break and fail. The recall covers certain F-150 pickups, and Ford Expedition and Lincoln Navigator SUVs from the 2020 and 2021 model years. Also included are F-250, 350, 450 and 550 trucks from 2020 through 2022. Ford’s F-Series pickups are the top-selling vehicles in the U.S. Read more.
Rate rise: The Federal Reserve has indicated it is likely to raise interest rates next month by a half-percentage point and begin shrinking its $9 trillion asset portfolio, a double-barreled effort to remove stimulus to curb price pressures, The Wall Street Journal reports. Fed Chair Jerome Powell will have an opportunity to reinforce that signal when he speaks this afternoon in his last scheduled public appearance before the central bank’s policy meeting May 3-4. Read the full story.