Politics
All the latest news stories about politics, from elections and law-making to the subtle shifts that change our lives—and our finances
All Eyes on Fed Chair Kevin Warsh as Rate Debate Intensifies
Investors are closely watching new Federal Reserve Chair Kevin Warsh ahead of his first policy meeting, looking for clues about the future direction.
Inflation Heats Up at Highest Rate in Three Years
The latest inflation report delivered a number consumers were hoping not to see.
Social Security's Clock is Ticking Faster
America's biggest retirement program is moving closer to a financial crossroads.
Oil Prices Surge as U.S.-Iran Conflict Escalates Again
Oil traders woke up to another reminder that geopolitics can move markets faster than earnings reports.
USDA Says Food Supply Remains Safe Despite New Screwworm Cases
Federal agriculture officials are seeking to reassure consumers after additional cases of New World screwworm were identified in Texas.
Iran Declares End to Military Operations Against Israel
Iran says it has concluded its current military operations against Israel following a new round of missile exchanges that threatened to unravel a ceasefire.
Treasury Tells Banks to Watch for Immigration-Related Financial Fraud
The Treasury Department has issued new guidance urging banks to identify potential financial crimes connected to unauthorized employment and immigration.
Senate Approves $70 Billion Boost for Immigration Enforcement
The U.S. Senate has approved legislation providing roughly $70 billion in new funding for immigration enforcement operations.
House Delivers Rare Bipartisan Rebuke on Iran War Powers
The U.S. House of Representatives narrowly approved a measure requiring congressional authorization for continued military action against Iran.
New Fed Chair Kevin Warsh Begins Remaking the Central Bank
New Federal Reserve Chair Kevin Warsh has begun assembling his leadership team, signaling the start of a potentially significant shift in U.S. monetary policy.
New U.S. Tariff Plan Targets Imports From 60 Economies
The U.S. Trade Representative has proposed additional tariffs of up to 12.5 percent on imports from 60 economies.
Trump Shrugs Off Iran Talks as Markets Watch the Middle East
President Trump is signaling little urgency to revive negotiations with Iran, telling CNBC he "couldn't care less" if the talks collapse.
Trump's $1.8 Billion Justice Fund on Hold for Now
A controversial $1.8 billion Justice Department fund championed by the Trump administration appears to be on hold, and potentially dead.
Oil Surges After Report Iran May Halt Diplomatic Talks
Oil prices spiked sharply after reports suggested Iran could halt diplomatic talks with the United States.
Judge Halts Trump’s “Anti-Weaponization” Fund
A federal judge has temporarily blocked the Trump administration from moving forward with a controversial $1.8 billion “Anti-Weaponization Fund.”
New York Approves “Pied-à-Terre” Tax on Luxury Second Homes
New York lawmakers have approved a new pied-à-terre tax targeting ultra-luxury second homes in New York City worth more than five million dollars.
U.S. Warns Global Shippers Over Iran Strait Payments
The Trump administration is escalating economic pressure on Iran by sanctioning the country’s newly created Persian Gulf Strait Authority.
