Politics
All the latest news stories about politics, from elections and law-making to the subtle shifts that change our lives—and our finances
Trump says he has ‘no intention’ of firing Federal Reserve chair
President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after saying he would like to fire him.
Treasury Secretary Expects Trade War Will De-Escalate Soon
Treasury Secretary Scott Bessent is anticipating a "de-escalation" in the trade war very soon, he has advocated for a phased approach to tariffs.
Student loans in default will be sent for collection
Starting next month, the Education Department says student loans that are in default will be referred for collections.
Trump Ramps Up Criticism of Fed Chair Jerome Powell
President Trump intensified his criticism of Federal Reserve Chair Jerome Powell, labeling him a “major loser” and urging immediate interest rate cuts.
Trump Meets with Retail CEOs to Discuss Tariffs
President Trump met with executives from major retailers, including Walmart, Home Depot, Lowe’s, and Target on Monday to discuss the impact of his tariffs.
Trump renews attack on Federal Reserve Chair Powell, Dow Jones tumbles 1,000 points
President Donald Trump repeated his attacks Monday against the chair of the Federal Reserve, demanding that the central bank lower its key interest rate.
China Makes Strong Warning to Nations in Trade War
China has delivered a strong warning to nations exploring trade deals with the U.S., vowing to respond with reciprocal measures if provoked.
Can the IRS revoke Harvard’s tax-exempt status?
For years, President Donald Trump has complained that colleges and universities are “indoctrinating” their students with “radical left” ideas.
Judge pauses plans for mass layoffs at Consumer Financial Protection Bureau
President Donald Trump’s attempt to fire nearly everyone at the Consumer Financial Protection Bureau has been paused by a federal judge.
Judge won’t take further steps to enforce his order in AP case
A federal judge who ordered the Trump administration to stop blocking The Associated Press’ from presidential events refused Friday to take more steps
U.S.-China Trade War Starts 'Freight Recession'
The escalating U.S.-China trade war has led to a significant downturn in global freight activity, with ocean freight orders plummeting by 50% year over year.
Powell’s ‘Termination Cannot Come Fast Enough’
President Trump criticized Fed Reserve Chair Jerome Powell, stating that his “termination cannot come fast enough” due to his reluctance to cut interest rates.
Trump Admin. Investigating Reliance on Pharmaceuticals
President Trump has announced plans to impose new tariffs on imported semiconductors and pharmaceuticals, starting at 25% and potentially increasing over time.
Trump Freezes $2B in Harvard Funds
Harvard University has rejected the Trump administration’s demands to alter its diversity programs, admissions policies, and cooperation with immigrations.
Temporary Tariff Exemptions for Certain Electronics
The Trump administration has temporarily exempted certain electronics like smartphones, laptops, and smartwatches from tariffs.
Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs
Marjorie Taylor Greene bought some high profile stocks last week as other investors were bailing out of the market.
House Approves Framework for Budget Bill
The House of Representatives narrowly approved a budget resolution, 216-214, allowing Republicans to proceed with drafting President Trump’s expansive agenda.
