Politics
All the latest news stories about politics, from elections and law-making to the subtle shifts that change our lives—and our finances
Al Sharpton to lead pro-DEI march through Wall Street
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
Mystery surrounds $1.2 billion Army contract for Texas detention camp
President Donald Trump's administration last month awarded a $1.2 billion contract to build and operate what's expected to become the nation’s largest immigration detention complex to a tiny Virginia firm with no experience running correction facilities.
Cracker Barrel does a U-turn on its $700 million rebrand, after all
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Trump vows more chip company stakes are coming for the U.S. gov’t
Donald Trump has a message for critics who think turning the U.S. government into a major stockholder of Intel is a “socialist” move: More is coming.
Embattled Fed Gov. Lisa Cook says she’ll sue Trump to keep her job
Federal Reserve Gov. Lisa Cook's lawyer says she'll sue President Donald Trump's administration to try to prevent him from firing her. Longtime Washington attorney Abbe Lowell said Tuesday that Trump “has no authority to remove” Cook. If Trump succeeds in removing Cook from the Fed's board of governors, it could erode the Fed’s political independence, which is considered critical to its ability to fight inflation because it enables the Fed to take unpopular steps like raising interest rates. The Republican president said Monday he was removing Cook because of allegations she committed mortgage fraud. Cook was appointed by Democratic President Joe Biden in 2022 and says she won't step down.
Fed Chair Jerome Powell to Deliver Keynote at Jackson Hole
Federal Reserve Chair Jerome Powell is preparing to deliver what’s likely his final keynote at the Fed’s annual Jackson Hole gathering.
Fed official says she won’t be ‘bullied’ by Trump into resigning
Federal Reserve governor Lisa Cook late Wednesday said she wouldn’t leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.
Trump Has Made $100M in Bond Purchases Since Retaking Office
President Donald Trump has made at least $100 million in bond purchases since taking office, according to newly released filings.
MAHA’s New Path: Research, Refinement, and Regulated Restraint
Politico's Marcia Brown breaks down the MAHA draft roadmap: industry-friendly, light on regulation, heavy on research and voluntary food policy changes.
The White House Makes Official TikTok Account
The White House has officially launched its first TikTok account, aiming to reach the platform’s roughly 150 million U.S. users.
Reuters: Trump Eyes U.S. Stakes in More Chipmakers
Trump, through Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, is exploring taking equity stake in semiconductor manufacturing.
Trump Meets Zelenskyy at White House to Discuss Ukraine Peace Deal
President Donald Trump hosted Ukrainian President Volodymyr Zelenskyy and European leaders at the White House on Monday to discuss a potential peace agreement.
U.S. Cancels Trade Talks with India Amid Tariff Woes
The U.S. abruptly canceled planned trade talks in New Delhi, which was scheduled for the last week of August, just ahead of a new 25% tariff on Indian goods.
U.S. National Debt Surpasses a Whopping $37 Trillion
The U.S. gross national debt has surpassed a record $37 trillion, according to a new Treasury report even after this milestone was not expected until 2030.
All Eyes on Trump & Putin Meeting Today
President Donald Trump is set to meet Russian President Vladimir Putin today at Joint Base Elmendorf-Richardson in Anchorage, Alaska.
Will the White House Get Rid of Monthly Job Reports?
E. J. Antoni, chosen by President Donald Trump to lead the Bureau of Labor Statistics has suggested suspending the agency’s monthly jobs rereport.
Trump Threatens Lawsuit Against Fed Chair Jerome Powell
Trump has threatened a "major lawsuit" against Fed Reserve Chair Jerome Powell, accusing him of mismanaging a $3 billion renovation of the Fed’s Headquarters.
