WHAT TO KNOW
* The Federal Reserve cut its key interest rate by a quarter-point today and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. * FBI Director Kash Patel testified for hours before the House Judiciary Committee today for a second day of questioning by lawmakers, following his testimony before senators on Tuesday. * Susan Monarez, the former head of the CDC who was ousted by Health Secretary Robert F. Kennedy Jr. amid a dispute over vaccine policy, testified today at a Senate hearing. * Monarez said in her testimony that Kennedy gave her an ultimatum: “Preapprove” new vaccine recommendations from an advisory CDC panel that Kennedy has stocked with some medical experts who doubt vaccine safety or