FOLLOWING THE EVIDENCE, WHEREVER IT LEADS

from the investigation desk

Dispatches, documents, and findings from the stories we've spent months chasing down.

The Interest Bill Comes Due: America's Debt Math in 2026

July 4, 2026

Interest on the national debt has become one of the largest line items in the federal budget, trailing only Social Security. By fiscal year 2026, net interest payments are projected to reach $1.0 trillion, with a cumulative total of $16.2 trillion over the next decade.

A New Chair, A Harder Line: Inside the Federal Reserve's 2026 Pivot

July 4, 2026

The Federal Reserve's June 2026 meeting marked a sharp pivot from the easing bias of 2025, with new Chair Kevin Warsh signaling a potential tightening path in response to inflation pressures.