The U.S. Office of Government Ethics on Thursday released financial disclosure forms showing that President Trump disclosed at least $220 million in financial transactions in the securities of major U.S. companies earlier this year. The reports show a cumulative value of between $220 million and around $750 million, with purchases including securities linked to companies...
Sens. Jeanne Shaheen (D-N.H.) and Elizabeth Warren (D-Mass.) on Friday called on the Trump administration to not extend a waiver on sanctions for anyone who purchases oil from Russia, which is set to expire just after midnight on Saturday. “Tonight, when the current license for Russian oil expires, it should not be renewed," Shaheen, the...
The Treasury Department on Friday announced new sanctions on a Chinese oil refinery and dozens of shipping firms and vessels, including those with ties to Hong Kong, in a bid to disrupt Iran’s oil exports. The sanctions take aim at a main revenue stream for Iran, ahead of high-stakes talks between the U.S. and Iran...
Sen. Bernie Moreno (R-Ohio) introduced a resolution on Friday that would ban senators from participating in prediction markets amid concerns about potential insider trading on the platforms. The resolution would amend the Senate rules to include a provision stating that members may not enter into “an agreement, contract, or transaction that provides for any purchase,...
A union representing workers at Spirit Airlines said Friday that potential federal relief for the bankrupt carrier must protect its employees. The International Association of Machinists and Aerospace Workers (IAM), the union representing the airline’s ramp service employees, said in a statement “that means no furloughs, no layoffs, and no shifting the burden onto the...
Tens of millions of Americans are one $6,000 debt away from financial ruin, as wages have failed to keep up with rising costs of living, leading to increased bankruptcy rates and a loss of trust in institutions.
The United Kingdom on Friday insisted on British sovereignty over the Falkland Islands after Reuters published a report stating that President Trump is mulling over reprisals toward NATO allies for not supporting the U.S. military offensive in Iran. An unnamed U.S. official told Reuters that an internal Pentagon email outlines options for the U.S. to...
Israel on Friday carried out air strikes in Lebanon amid their ceasefire and after President Trump announced that the ceasefire was extended by three weeks. The Israeli Defense Forces (IDF) accused Hezbollah of violating the ceasefire in a post on the social platform X. The IDF said it "struck Hezbollah military structures in the areas...
The U.S. military said on Friday that three aircraft carriers are operating in the Middle East, for the first time in over two decades, as the U.S. enforces its naval blockade against Iran in the Strait of Hormuz. The three aircraft carriers - USS Abraham Lincoln, USS Gerald R. Ford and USS George H.W. Bush...
Rep. Rich McCormick (R-Ga.) on Wednesday introduced legislation to make the Virginia cities of Arlington and Alexandria part of Washington, D.C., reversing an 1846 law that returned the regions to the Old Dominion. “The Make DC Square Again Act restores the original ten-mile-square District and ends the artificial advantage Virginia Democrats have recently gained from...
Millionaire investor Kevin O’Leary is not sold on the Trump administration’s reported plan to bail out Spirit Airlines, calling it a “really bad idea.” “Capitalism works because the losers die,” O’Leary said during a Thursday appearance on NewsNation, warning the federal government against supporting “bad management.” President Trump floated the possibility of a bailout on...
Sen. Dick Durbin (D-Ill.), the ranking member of the Senate Judiciary Committee, on Friday applauded the announcement that the Department of Justice’s inspector general will conduct an audit of the DOJ's handling of millions of records related to convicted sex offender Jeffrey Epstein. “The Trump administration’s handling of the Epstein case was flawed from the...