You know Gotham is careening toward fiscal crisis when the city council’s problem with the socialist mayor is that Zohran K. Mamdani . . . is not socialist enough.
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Supreme Court halts Trump’s firing of Lisa Cook The Supreme Court blocked President Trump’s firing of the Federal Reserve board member on Monday in a 5-4 vote, ruling she can remain as her legal challenge proceeds....
New York Times reporters Maggie Haberman and Jonathan Swan said Monday that President Trump "answers more questions" from reporters than his predecessor, former President Biden. C-SPAN released a clip of an interview featuring the two reporters with "Q&A" host Peter Slen, set to air Monday at 9 p.m. EDT, where they discussed being unable to...
It was a mixed bag for President Trump at the Supreme Court on Monday. The justices tightened the president’s grip on executive power in ruling independent agency leaders may be fired, while rejecting a key pillar of Trump's political agenda aimed at restricting mail-in voting. They ruled he must give a Federal Reserve governor due...
A coalition of 25 states and the District of Columbia is suing the Trump administration over a new rule implementing Medicaid work requirement exemptions for medically frail people. According to the lawsuit, which was filed Monday in federal district court in Massachusetts, the Centers for Medicare and Medicaid Services (CMS) violated congressional protections when it...
Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), reiterated his allegations of mortgage fraud against Federal Reserve board member Lisa Cook on Monday, after the Supreme Court blocked President Trump from immediately firing her for cause. “As I have repeatedly said, I believe Lisa Cook will be indicted for mortgage fraud,” Pulte...
Supreme Court Justice Clarence Thomas was spotted Monday on Capitol Hill, amid the high court releasing a slate of opinions before it heads on recess for the summer. While Thomas, surrounded by a Metropolitan Police Department officer and another man, was walking through the House side of the Capitol, the justice told MS NOW’s Mychael...
Sen. Chris Murphy (D-Conn.) said Sunday that President Trump is the “biggest threat” to the U.S., while downplaying concerns about far-left candidates like democratic socialists who have notched wins recently. “I will say, though, what binds together, I think, every Democratic candidate that is running, including the ones in New York, is that they are...
President Trump slammed democratic socialist candidates Monday, calling their movement more dangerous to the U.S. than previous world wars and the Sept. 11, 2001, terrorist attacks. “They use the word social democrat because it sounds so nice, but it’s really communism you’re talking about,” Trump told reporters in the Oval Office. “I think it’s the...
President Trump referred to a bipartisan housing bill as a “yawn” on Monday, arguing that the Safeguard American Voter Eligibility (SAVE America) Act is more important. "It's so unimportant compared to the SAVE America Act,” Trump told reporters in the Oval Office. “When I look at the bill, it's a bill. When I look at...
The Colorado Supreme Court on Monday tossed out two cases involving new redistricting ballot measures that would have favored Democrats. One ruling said the redistricting measure violated the state constitution’s “single subject” requirement that calls for measures proposed by petition to focus on one issue for inclusion on the ballot. The Democratic aligned group, Coloradans...
The nation’s top pharmacy benefit manager (PBM) lobbying group is going on the offensive, stepping up its advocacy efforts against the pharmaceutical industry after Congress passed a PBM industry overhaul last winter. The pharmaceutical industry spent years pointing fingers at pharmacy benefit managers as the reason for high drug costs, and Congress finally was able...
Defense Secretary Pete Hegseth on Monday announced the 15 individuals who will make up the new Defense Policy Board, just over a year after the previous panel was cleared out by the Pentagon chief. Robert Lighthizer, who was the U.S. Trade Representative during President Trump’s first term, will be the chair of the board, which was established...