The cost of federal regulations has grown to more than $2.1 trillion per year, almost as much as the government's annual haul from income taxes, according to a report released Thursday.
The Supreme Court heard arguments this week in Mahmoud v. Taylor, in which parents from Montgomery County, Maryland, challenged the public school system for the right to opt their young children out from exposure to books on LGBT themes. The case appears, on the surface, to reverse long-standing views of the role of local government. […]
National Economic Council (NEC) Director Kevin Hassett dismissed the notion that President Trump is worried about empty shelves in supermarkets and households due to the ongoing tariff war and claimed the U.S. is actively engaged in trade negotiations with scores of countries around the world. "No, absolutely not,” Hassett said Wednesday night in an interview...
A majority of Asian American and Pacific Islander (AAPI) adults believe racial and economic challenges for their communities will increase under the second Trump Administration, according to a survey released Thursday. Stop AAPI Hate’s latest report, Dissent and Dread: Asian Americans and Pacific Islanders Respond to Trump 2.0, found that 62 percent of AAPI adults...
China claimed that it is not actively engaged in the negotiating process over tariffs with the U.S., contradicting President Trump, who expressed confidence that he can strike a new trade deal with Beijing. Commerce Ministry spokesman He Yadong said Thursday that any “claims about the progress of China-U.S. trade negotiations are groundless as trying to...
In today’s issue: At the outset of his second term, President Trump vowed to end Russia’s war in Ukraine within 24 hours. Then, his administration promised a peace deal within the first 100 days. Now, with the 100-day deadline fast approaching, talks with Kyiv and Moscow are at a standstill, and U.S. officials have threatened...
A flight from U.S. financial assets prompted by President Trump’s trade war is subsiding as the White House appears increasingly keen to strike a new trade deal with top U.S. trading partner China. But the damage to the U.S. dollar in its capacity as the world’s major reserve currency may already be done, which could...
Elon Musk is in damage control mode at Tesla as the company’s disappointing earnings force the tech billionaire to reevaluate his focus between his businesses and role in the Trump administration. Faced with a 71-percent plunge in first-quarter earnings, the Tesla CEO tried to assure investors Tuesday he will soon spend less time working on...
A federal judge has granted the DOJ a one-week extension to provide information on its efforts to return deported illegal migrant Abrego Garcia to the U.S.