Trump's tariffs could raise $600 billion a year, but this would only happen if consumers avoid substitution and continue to buy foreign goods at tariff-elevated prices, which is unlikely.
Rep. Lauren Boebert (R-Colo.) appeared to confuse Oliver Stone, an American filmmaker and a witness before House lawmakers on Tuesday, with political strategist Roger Stone during a hearing on the release of new documents related to the assassination of John F. Kennedy. “You wrote a book accusing LBJ of being involved in the killing of...
A group of former Republican lawmakers and officials is opposing President Trump’s use of the Alien Enemies Act for deportations. The group of conservatives, along with the State Democracy Defenders Fund, filed an amicus brief with the Supreme Court to oppose the Trump administration’s use of the 18th-century wartime law. The brief was filed with the high...
OpenAI raised $40 billion from investors in its latest funding round, the ChatGPT maker announced Monday. The deal, which values the artificial intelligence (AI) company at $300 billion, was led by Japanese company SoftBank. It plans to contribute $30 billion, while the remaining $10 billion will come from a syndicate of other investors. “We’re excited...
President Trump tapped former Rep. Anthony D’Esposito (R-N.Y.) to be the Department of Labor’s (DOL) inspector general on Monday evening, months after he lost his House seat to Rep. Laura Gillen (D-N.Y.) in the last election cycle. If D’Esposito, who was a New York City Police Department detective before being elected as a House lawmaker,...
Nine House Republicans defied GOP leadership on Tuesday and opposed an effort to block a bill instituting proxy voting for new parents from coming to the floor, halting key legislative action in the chamber. Rep. Anna Paulina Luna (R-Fla.) collected the 218 signatures — including from 11 Republicans — needed to successfully execute a discharge...
President Donald Trump is expected to unveil his Liberation Day tariff plan in the White House's Rose Garden Wednesday in an effort to end decades-long reliance on goods made overseas.
The Trump administration is remaining firm in its stance to arrest a man following a report from The Atlantic that the federal attorneys said that there was an “administrative error."