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Federal red ink now costs businesses more than $2.1 trillion per year, report says

The cost of federal regulations has grown to more than $2.1 trillion per year, almost as much as the government's annual haul from income taxes, according to a report released Thursday.

Not local enough: The Montgomery County Public Schools case

The Supreme Court heard arguments this week in Mahmoud v. Taylor, in which parents from Montgomery County, Maryland, challenged the public school system for the right to opt their young children out from exposure to books on LGBT themes. The case appears, on the surface, to reverse long-standing views of the role of local government. […]

Public media is a pillar of our communities — don’t defund it

Public media is one of the few civic institutions that still commands broad trust in an age of division and disinformation.

Hassett on whether Trump is worried about empty shelves: ‘Absolutely not’

National Economic Council (NEC) Director Kevin Hassett dismissed the notion that President Trump is worried about empty shelves in supermarkets and households due to the ongoing tariff war and claimed the U.S. is actively engaged in trade negotiations with scores of countries around the world.  "No, absolutely not,” Hassett said Wednesday night in an interview...

War with Iran isn’t an option — Trump must make a deal 

When it comes to war with Iran, the cure would be worse than the disease.  

AAPI communities brace for increased hostility, economic challenges under Trump: Survey 

A majority of Asian American and Pacific Islander (AAPI) adults believe racial and economic challenges for their communities will increase under the second Trump Administration, according to a survey released Thursday.  Stop AAPI Hate’s latest report, Dissent and Dread: Asian Americans and Pacific Islanders Respond to Trump 2.0, found that 62 percent of AAPI adults...

China says no tariff negotiations underway, contradicting Trump

China claimed that it is not actively engaged in the negotiating process over tariffs with the U.S., contradicting President Trump, who expressed confidence that he can strike a new trade deal with Beijing.  Commerce Ministry spokesman He Yadong said Thursday that any “claims about the progress of China-U.S. trade negotiations are groundless as trying to...

If Trump succeeds in pressuring the Fed, he will regret it

There is historical precedent for this sort of meddling, and it is instructive.

Team Trump’s appeasement of Putin fails in London

Team Trump is taking its ball home.

Morning Report — Can Trump’s art of the deal help Ukraine?

In today’s issue: At the outset of his second term, President Trump vowed to end Russia’s war in Ukraine within 24 hours. Then, his administration promised a peace deal within the first 100 days. Now, with the 100-day deadline fast approaching, talks with Kyiv and Moscow are at a standstill, and U.S. officials have threatened...

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