The House is scheduled to vote on a short-term budget deal Thursday afternoon, but the latest count shows that House GOP leaders don't have enough votes. Now, President Trump has thrown a wrench into Speaker Ryan's bargaining power, tweeting that the Children's Health Insurance Program (CHIP) shouldn't be included in a short-term plan.
Reason Magazine Editor-at-Large Matt Welch explains why a government shutdown "may happen by accident." Since it's been almost five years since the last shutdown, Welch says politicians may have forgotten how much Americans hate it when the government comes to a halt.
If Republican leaders can't get enough votes for the short-term budget deal, then Congress will only have 24 hours to put another deal together. The last time the government shut down was October 2013.
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
President Donald Trump is hitting foreign steel and aluminum with a 25% tax. If that sounds familiar, it’s because he did pretty much the same thing during
President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of unsuccessful efforts to phase out the 1-cent coin. Advocates for ditching the penny cite its high production cost and limited utility. Fans of the penny cite its usefulness in charity drives and relative bargain in production costs compared with the nickel. Here's a look at some question surrounding Trump's order.
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Brian Bennett, Senior White House correspondent at TIME, discusses Musk's relationship to Donald Trump and how he has such access in the federal government.
MarketWatch's Rob Schroeder helps us break down what is happening with tariffs implemented by the Trump admin., plus what Canada and Mexico have promised.
