Treasury Secretary Scott Bessent downplayed Elon Musk's announcement that he is forming a new political party in response to President Trump signing his massive tax and spending plan that is expected to add trillions to the national debt.
Rep. Joaquin Castro said Sunday there should be an investigation into whether staffing shortages at the National Weather Service made it harder to respond to the devastating flash flooding in Central Texas.
House Speaker Mike Johnson said Sunday that Republicans are confident President Trump's "big, beautiful bill" will be an electoral winner in the 2026 midterm elections.
Plus: Dem leader says party faces 'generational change' {beacon} ELON MUSK SPORTED A BLACK EYE as President Trump bid him farewell Friday at an Oval Office press conference to celebrate the Department of Government Efficiency’s (DOGE) efforts to cut wasteful spending. Musk is leaving the administration after completing a 130-day term as a special...
A federal judge on Friday grappled with the way artificial intelligence (AI) is rapidly changing the internet, as he weighed what penalties Google will ultimately face for illegally monopolizing search. Google and the Department of Justice (DOJ) presented their closing arguments following a three-week hearing to determine the proper remedies, after the tech giant...
JPMorgan Chase CEO Jamie Dimon said Friday that the U.S. needs to get its own act together before worrying about China. “I'm not as worried about China. China is a potential adversary. They're doing a lot of things well, they have a lot of problems. What I really worry about is us,” Dimon said during...
Sen. Elizabeth Warren (D-Mass.) on Friday backed President Trump’s call to abolish the nation’s debt ceiling, pressing for bipartisan action to “get rid of it forever.” In a post on X, Warren wrote that she and Trump agree that the debt limit, which caps how much money the Treasury can owe to pay the country’s...
PBS is suing President Trump's administration on First Amendment grounds, arguing the president is trying to pull funding the from the broadcaster because of editorial coverage he disagrees with. The suit filed Friday in federal court in Washington, D.C., accused the president of trying to "upend public television" and argues the law "forbids" him from...
The Centers for Disease Control and Prevention has issued updated advice on the COVID-19 vaccine days after Health and Human Services Secretary Robert F. Kennedy Jr said the agency would no longer recommend the shot to children and pregnant women. The agency has kept the shot on its vaccine schedule for children between the...
U.S. trade representative Jamieson Greer slammed China for not fulfilling their compliance under a trade agreement wagered in early May. Greer says Beijing’s leaders have not pulled back on countermeasures as discussed nor have they released the flow of the country’s rare Earth magnets being used to manufacture futuristic technology. “We moved, as the president...
President Trump will travel Friday afternoon to the Pittsburgh area for a rally and remarks on the "planned partnership" between U.S. Steel and Japan's Nippon Steel, which he announced last month. “I am proud to announce that, after much consideration and negotiation, US Steel will REMAIN in America, and keep its Headquarters in the Great...
A new lawsuit filed in the U.S. Court of International Trade seeks to force the Trump administration to return tariffs it collected under the president’s “Liberation Day” announcement now that the court has ruled them unlawful. Chapter1 LLC, a Las Vegas-based skincare start-up, said it paid nearly $23,000 under the challenged tariffs when it imported...
The U.S. military’s top general in Africa said terrorist factions in the Sahel region have increased their presence so much in the past three years that they soon may be able to launch attacks within the United States. The region, which mainly includes Mali, Burkina Faso and Niger, is “the flash point of prolonged conflict...
The Opportunity Zones tax incentive has raised $85 billion in equity, created 3 to 4.5 percentage points in employment growth, and invested in new businesses, industrial revitalization, manufacturing development, housing projects and job training hubs across the nation.
President Trump fired the National Portrait Gallery director on Friday for being “highly partisan” and a “supporter” of diversity, equity and inclusion (DEI). “Upon the request and recommendation of many people, I am herby [sic] terminating the employment of Kim Sajet as Director of the National Portrait Gallery,” the president wrote in a Truth Social...
China's suspension of the export of rare earth metals and permanent magnets has exposed the US's vulnerability to its monopoly power, and the US must act with urgency to establish supply chain security, onshore processing and manufacturing, and a strategic commitment to the defense industrial base.
Congress’s tax-and-spending cut bill will receive an advertising campaign from a major business lobby as it faces widespread criticism for redistributing wealth and resources toward the upper strata of American society. The U.S. Chamber of Commerce, one of the nation’s largest business lobbies, will run the six-figure campaign across various media in targeted states and...
