An executive order from President Trump aims to make deep cuts to prescription drug costs, putting GOP lawmakers who have traditionally opposed government-directed drug pricing in a tough position. Republican lawmakers, including Senate Majority Leader John Thune (S.D.) and Senate GOP Whip John Barrasso (Wyo.), have warned in the past that directing the federal government...
The shadow Democratic presidential primary is kicking off, with potential contenders ramping up their appearances in key battleground states. Former Transportation Secretary Pete Buttigieg is slated to take part in a VoteVets town hall in the early-contest state of Iowa on Tuesday, while Maryland Gov. Wes Moore (D) is set to headline the South Carolina...
Twenty-five years ago, George W. Bush, the governor of Texas, barely defeated the sitting vice president, Al Gore, in what remains the narrowest victory in presidential history: fewer than 1,000 votes in a single state, 48.85 percent to 48.84 percent in Florida. There are many ways to explain how the vice president lost to an...
President Trump is resetting on tariffs after almost six weeks of turmoil that threatened to upend his second term. A Monday announcement that the United States and China had come to an agreement to suspend heavy tariffs on each other marked the effective end of the first phase of Trump’s approach on the topic. The...
Treasury Secretary Scott Bessent announced a welcome pause in the Trump administration’s trade wars Sunday. A preliminary agreement with China will reduce U.S. tariffs on most Chinese imports from 145% to 30%, with a reciprocal reduction on U.S. exports to China from 125% to 10%. The reprieve is set to last only 90 days, however, […]