After months of uncertainty, “Liberation Day” finally arrived. On Wednesday, President Donald Trump gathered the people he loves most, his inner circle and the legacy media, to announce his big and not-so-beautiful tariff strategy, lauding it as a “declaration of economic independence.” Using national emergency powers — because the word “emergency” is the executive branch’s […]
The Department of Justice announced on Tuesday that Attorney General Pam Bondi has “directed federal prosecutors to seek the death penalty” in the case against Luigi Mangione. He is charged with killing UnitedHealthcare CEO Brian Thompson on Dec. 4 in New York City. Thompson, a father of two, was fatally shot in the back in a crime […]
Federal Reserve Chair Jerome Powell said Friday that the size and potential economic harm of President Trump's new tariffs were far larger than anticipated, raising new challenges as the bank attempts to end its inflation fight. In a Friday speech to a business journalism conference, Powell warned that the scope and scale of Trump's new...
Democratic attorneys general in 16 states led by New York and Massachusetts sued the Trump administration Friday over the cancellation of millions of dollars in National Institutes of Health grants for medical research. In March, NIH began to terminate millions of dollars in grant funding for previously approved research projects, including projects focused on diversity,...
President Trump urged the Federal Reserve to cut interest rates and ripped the head of the independent central bank as new tariffs caused stocks to plunge. In a Friday post on his Truth Social messaging platform, Trump accused Fed Chair Jerome Powell — a fellow Republican — of refusing to cut interest rates for political...
Ezra Levin, an activist who has organized demonstrations protesting President Trump and his close ally billionaire Elon Musk, praised Sen. Cory Booker (D-N.J.) for breaking the record for the longest speech in Senate history and knocked Senate Minority Leader Chuck Schumer (N.Y.), arguing the longtime Democrat is not delivering for constituents. Levin co-founded the progressive organization Indivisible,...
Washington isn’t Silicon Valley, and the operating model of “moving fast and breaking things” being employed by DOGE has real national security implications.
Federal Reserve Chair Jerome Powell is set to give remarks Friday morning on the state of the economy, just days after President Trump announced new tariffs on nearly all foreign imports. Powell's comments also come after Labor Department data showed the U.S. added 228,000 jobs last month — with a steady 4.2 percent unemployment rate....
The Trump administration has sent its demands to Harvard University on policies it must change to avoid the loss of federal funding after the federal government opened a review into the billions of dollars in contracts and grants it holds with the nation's oldest and richest school. In a Thursday letter, obtained by The...