
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 Freezes Over $1 Billion in Medicaid Payments
The Trump administration is delaying more than $1 billion in Medicaid payments to California and Minnesota.

U.S. Warns China Over A.I. ‘Theft’
Treasury Secretary Scott Bessent says the U.S. is prepared to impose sanctions on China if it determines Chinese companies benefited from stolen American AI.

Trump Escalates Trade Fight With 50% Tariffs on Canadian Goods
President Trump is dramatically escalating trade tensions with Canada, announcing new 50% tariffs on a broad range of Canadian imports.

Trump Revives Election Claims In Primetime Address
President Trump used a nationally televised address to once again question the integrity of the 2020 election.

South Carolina Scrambles To Fill Graham’s Seat
Following the sudden death of Senator Lindsey Graham, attention has quickly shifted to who could succeed one of the Republican Party’s most influential voices.

Warsh Says Inflation Remains Too High
Federal Reserve Chair Kevin Warsh declined to signal whether the Fed will raise interest rates at its July meeting.

Obamacare Sticker Shock May Be Coming Soon
Millions of Americans who buy health insurance through the Affordable Care Act marketplaces could soon face sharply higher premiums.

The Strait of Hormuz Bottleneck Isn’t Over Yet
Even after the immediate military tensions eased, shipping through the Strait of Hormuz remains under pressure as Iran looks to maintain leverage.

Trump Announces New U.S.-Iran Talks in Qatar
President Trump says American and Iranian officials will meet in Qatar on Tuesday for another round of high-stakes talks as tensions simmer in the Middle East.

Supreme Court Hits Pause on Trump’s Fed Shakeup
The Supreme Court has temporarily blocked President Trump from removing Federal Reserve Governor Lisa Cook.

Rent Freeze Becomes Reality for a Million NYC Apartments
New York City’s Rent Guidelines Board has approved the city’s first-ever two-year rent freeze for roughly one million rent-stabilized apartments.

Hormuz Showdown Puts Global Shipping on Edge
Iran is rejecting a proposed new transit route through the Strait of Hormuz, calling it “unacceptable and dangerous” unless vessels coordinate directly them.

Trump Says Iran Backs Off Strait of Hormuz Tolls
President Donald Trump says Iran has assured the United States that it will not impose tolls or fees on ships passing through the critical Strait of Hormuz.

Oil Traders on Edge: Is This Ceasefire Real or Just a Pause Before the Next Shock?
James Bikales, Energy Reporter at POLITICO, breaks down the Middle East agreement, oil market risks, the Strait of Hormuz, and what's next.

The Fed Legend Who Shaped Modern Markets Dies at 100
The financial world is mourning the loss of Alan Greenspan, who has died at the age of 100.

Britain Prime Minister Keir Starmer Resigns
Britain is once again searching for a new leader after Prime Minister Keir Starmer announced his resignation.

Oil Markets Watch Iran Agreement Closely
Energy traders spent the day evaluating how the U.S.-Iran agreement could affect global oil supplies.
