The $16.7 billion multi-year agreement reached by Meta this month to settle youth social media addiction lawsuits may be a minor blow to the company's vast earnings — $60...
President Trump is in Pennsylvania on Tuesday to tout his technology and energy agenda. Trump, participating in a conference alongside Sen. Dave McCormick (R-Pa.), is expected to announce tens of billions of dollars of investments in the sectors within the Keystone State. The president, since returning to office in January, has repeatedly pledged "energy dominance"...
President Trump said he hopes Texas Republicans will pick up five seats in the House from a redistricting plan they hope to enact in a special legislative session later this month. Trump told reporters that it’s “OK” if other Democratic-leaning states like California or New York also seek to redraw their congressional district lines to...
President Trump told reporters Tuesday that Ukraine should not target Moscow with military attacks and that the U.S. was not looking to give long-range missiles to Kyiv in its ongoing war against Russia. “No, he shouldn’t target Moscow," Trump said of Ukrainian President Volodymyr Zelensky as he departed the White House for a trip to...
President Trump’s former national security adviser, Mike Waltz, emerged Tuesday from a Senate confirmation hearing largely unscathed over his role in mistakenly adding a journalist to a group chat discussing sensitive military attack plans against the Houthis in Yemen. While some Democrats on the Senate Foreign Relations Committee promised a “brutal” hearing for Waltz’s nomination...
Republican megadonor Ken Langone argued that former Gov. Andrew Cuomo has the best chance of defeating New York City Democratic mayoral nominee Zohran Mamdani in the general election to lead the country’s largest city. Langone, who also donated to the super PAC backing Cuomo’s candidacy during the Democratic primary, said Tuesday on CNBC that he...
Treasury Secretary Scott Bessent on Tuesday said that the process to pick a new chairman of the Federal Reserve has started, ahead of chair Jerome Powell’s term ending in 2026 and amid growing pressure from the White House for him to step aside early. “There’s a formal process that’s already starting,” Bessent told Bloomberg Television,...
President Trump said he is “disappointed” in Russian President Vladimir Putin after threatening Moscow with sanctions over its war with Ukraine, but added that he is not “done with him.” "I'm disappointed in him, but I'm not done with him. But I'm disappointed in him,” Trump said in an interview with the BBC that was...
The Senate banking committee’s top Democrat is calling on the Federal Reserve to throw out a proposed rule for the amount of money that big banks are allowed to borrow relative to their capital. Sen. Elizabeth Warren (D-Mass.) said in a letter sent this week to the Fed’s vice chair for supervision, Michelle Bowman, that...
The Senate is considering the administration's $9.4 billion rescissions request to cancel unneeded appropriations, which would reduce spending by around $100 billion over the next decade.
In a reversal, NASA no longer plans to publish a major climate report whose previous website was scrubbed by the Trump administration. The report in question, known as the National Climate Assessment, was previously housed on globalchange.gov. After the Trump administration eliminated the U.S. Global Change Research Program (USGCRP) website, NASA spokesperson Bethany Stevens said that “all...
Former national security adviser John Bolton said Monday that President Trump could soon retreat from efforts to resolve Russia’s war with Ukraine. The Trump administration has been engaged with both Kyiv and Moscow in search of peace, while GOP lawmakers have pushed for secondary sanctions against Russian President Vladimir Putin. “He didn’t get what he wanted, which was...
