New York Mayor Zohran Mamdani (D) asked Democratic Gov. Kathy Hochul to raise taxes on the “ultra-wealthy,” citing a "significant chasm" in the city's $5.4 billion deficit. During a preliminary budget proposal announcement on Tuesday, Mamdani laid out two different “paths” the city could take to address the deficit concerns. The first and “most sustainable and...
Minnesota Gov. Tim Walz (D) said on Tuesday that he would “rather eat glass” than replace gubernatorial candidate Amy Klobuchar’s (D-Minn.) in her U.S. Senate seat if she is elected. The lighthearted moment occurred when the governor took a question on the way to the podium at a press conference on Tuesday. “The context was...
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Trump backs off on military force in Greenland, agrees to ‘framework’ deal President Trump on Wednesday said he would not use military force to acquire Greenland and that he’s reached the framework of a deal with...
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump to ice new tariffs after Greenland truce President Trump said Wednesday that he’s reached the framework of a deal with NATO on the future of Greenland and will not impose tariffs he previously threatened on...
A federal appeals court on Tuesday temporarily lifted restrictions on Immigration and Customs Enforcement (ICE) officers’ tactics against protesters in Minnesota, days after another judge ordered agency personnel to cease retaliating against peaceful demonstrators. The U.S. Court of Appeals for the 8th Circuit, located in St. Louis, Mo., granted the Trump administration its motion for...
Finnish President Alexander Stubb warned Wednesday that "it's not over yet" after President Trump de-escalated his aggressive stance on possibly acquiring Greenland for the U.S. by force. "I took two positive takeaways from this speech," Stubb said on "Amanpour & Co" with CNN's Christiane Amanpour. "One was he said there will be no military intervention,...
President Trump on Wednesday took two steps away from the precipice he had previously marched toward in the Greenland crisis. First, in a speech at the World Economic Forum in Davos, Switzerland, Trump ruled out the use of military force to seize the massive but sparsely populated, semiautonomous territory. Later, he halted the tariffs he...
A group of Democrats voted with Republicans on the House Oversight and Government Reform Committee to advance resolutions holding former President Clinton and former Secretary of State Hillary Clinton in contempt of Congress. Oversight Committee Chair James Comer (R-Ky.) sought to penalize the political couple for failing to respond to a congressional subpoena tied to...
A funding bill released this week would claw back hundreds of millions of dollars passed to fund electric vehicle (EV) charging infrastructure passed under the Biden administration. The bill in question, released Tuesday, would fund the departments of Homeland Security, Defense, Transportation, Housing and Urban Development, Health and Human Services, Labor, Education and other related agencies....
Most economists are expecting the Federal Reserve to hold key interest rates steady, according to a Wednesday survey. A Reuters poll found that 58 percent of surveyed economists predict no change this quarter, while a majority expect two cuts later this year. In a narrow vote last month, the Fed cut interest rates to a...
A New York judge ruled Wednesday that Rep. Nicole Malliotakis’s (R-N.Y.) congressional district was unconstitutionally configured and ordered the state’s Independent Redistricting Commission to create a new map ahead of the 2026 midterms. Acting New York state Supreme Court Justice Jeffrey Pearlman, an appointee of Gov. Kathy Hochul (D), ordered the independent commission to redraw...
The House Foreign Affairs Committee advanced a bill Wednesday that would allow Congress to block advanced AI chip exports to U.S. foreign adversaries, after securing overwhelming bipartisan support. The panel voted 42-2-1 to advance the AI Overwatch Act, a measure that would require the administration to give lawmakers a chance to review chip exports to...
The leaders of some of America’s closest allies used the Davos summit this week to confront a new world order under President Trump in which the U.S. is an unreliable partner, at best, and increasingly viewed as an adversary. The leaders of Canada and France were among those speaking out during the World Economic Forum...
