President Trump said Tuesday that the hefty tariff rate on China will significantly be reduced after he negotiates with Chinese President Xi Jinping, expressing optimism about a trade deal. “145 percent is very high. It won’t be that high, it’s not going to be that high … it won’t be anywhere near that high,” Trump...
A divide is developing among Democrats over the handling of Kilmar Abrego Garcia’s case, with some openly questioning whether leaning into the explosive issue is a winning strategy as Republicans go on offense. Four House progressives arrived in El Salvador on Monday to push for Garcia’s return to the U.S., following Sen. Chris Van Hollen...
If you haven’t been making payments on your federal student loans, you could soon find yourself sent to collections with your wages garnished following the return of a Department of Education program.
A Republican senator on Tuesday indicated disagreement with at least some of the firings and closures being made by the Trump administration in the name of efficiency. In a letter to Health and Human Services Secretary Robert F. Kennedy Jr., Sen. Shelley Moore Capito (R-W.Va.) pushed back on decisions that cut an office and workers...
U.S. stock markets closed with solid gains Tuesday as traders bought into the idea that President Trump's trade war with China could cool down. Markets were up in the morning, but momentum really picked up Tuesday afternoon after several media outlets revealed comments from Treasury Secretary Scott Bessent, who told a private meeting of investors...
Presented by Third Way — 📉 Plus: IMF downgrades global outlook over tariffs {beacon} DEFENSE SECRETARY PETE HEGSETH is under fire on multiple fronts, as questions grow about his handling of sensitive government information and turmoil engulfs senior staff at the Pentagon. Hegseth took to Fox News on Tuesday to downplay allegations he shared...
President Trump said Tuesday he has no intention of firing Federal Reserve Chair Jerome Powell, after he has escalated his criticism over the independent agency’s decision to not lower interest rates. “The press runs away with things. No, I have no intention of firing him. I would like to see him be a little more...
Tesla’s quarterly earnings dropped by 71 percent, the company announced Monday, marking the latest sign of bad news for Elon Musk’s electric vehicle manufacturer as scrutiny of the tech billionaire persists. The electric vehicle company reported a 9 percent decline in revenue for the first three months of this year. Its earnings totaled $409 million, down...
A group of Senate Democrats are asking Secretary of Defense Pete Hegseth whether the Pentagon is complying with court orders temporarily blocking President Trump's ban on transgender service members from taking effect. Trump signed the executive order, titled “Prioritizing Military Excellence and Readiness,” in late January. It prohibits transgender individuals from enlisting or continuing to...
After weeks of higher education playing defense against an aggressive Trump administration, Harvard University is now taking point on fighting back. The university — the oldest in America and richest in the world — is offering a rallying point for other colleges with its Monday lawsuit against the administration, a sharp counterpoint to other schools,...
A jury in New York ruled Tuesday that The New York Times did not defame former Alaska Gov. Sarah Palin (R) with an editorial about gun violence in 2011. Tuesday's ruling comes nearly three years after a separate jury found the Times not liable for damages over the op-ed, which linked her to the deadly...
The Trump administration is missing an opportunity to bring the Islamic Republic of Iran to heel, as it seems to want to strike a deal similar to the Obama-era nuclear deal, instead of using the opportunity to redefine the terms and end Iran's destabilizing factor on the world stage.
A federal judge in Colorado ordered the Trump administration on Tuesday to provide Venezuelan migrants detained there 21 days notice before deporting them under the Alien Enemies Act. The order only applies to migrants housed within the state, but it nonetheless deals a blow to the administration, which in some cases elsewhere was providing migrants 24 hours...
The White House on Tuesday defended President Trump's ongoing attacks on Federal Reserve Chair Jerome Powell, which have fueled investor concerns in recent days. Trump on Monday called Powell a “major loser” and suggested the Fed's previous rate cuts were aimed at helping former President Biden. A dive in the stock market was accelerated after Trump’s...
