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Bessent’s big moment

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Bessent moves to center of Trump World Treasury Secretary Scott Bessent, tapped in part to help President Trump keep markets calm, may have had his breakout moment this week. © Greg Nash Bessent spearheaded the rollout...

Trump eyes major cuts to NOAA research 

The Trump administration is eyeing cuts to climate, weather and ocean research in a draft budget blueprint for the National Oceanic and Atmospheric Administration (NOAA). A draft document from the White House Office of Management and Budget (OMB) obtained by The Hill shows the administration wants to eliminate NOAA’s Oceanic and Atmospheric Research and cut...

Luigi Mangione asks judge to block Bondi from seeking death penalty

Luigi Mangione, who is accused of killing UnitedHealthcare CEO Brian Thompson last year, asked a federal judge to block Attorney General Pam Bondi from seeking the death penalty against him. Mangione's lawyers said Bondi has violated the defendant’s due process rights and the government’s actions have “corrupted” the grand jury process, arguing the U.S. government...

Trump approval dips as economic uncertainty rises

{beacon} PRESIDENT TRUMP'S JOB APPROVAL RATING has dropped from its highs amid the burgeoning trade war with China and economic uncertainty over his global tariffs. Trump had enjoyed a honeymoon period in his second term, with his job approval rating hovering near the highest it's ever been. However, the market chaos provoked by...

White House moves Obama portrait for painting depicting Trump assassination attempt

A portrait of President Trump that depicts him raising his fist immediately following the attempt on his life last summer at a Butler, Pa., rally is replacing an image of former President Obama in a prominent spot inside the White House. Dan Scavino, the White House deputy chief of staff, posted side-by-side photos on social media of...

Immigration judge allows Mahmoud Khalil deportation effort to proceed 

A judge in former Columbia University activist Mahmoud Khalil's case ruled against him Friday, finding he is eligible for deportation while giving his legal team a little less than two weeks to respond. Jamee Comans, an immigration judge in Louisiana, found the government's case is "facially reasonable." She gave his team until April 23 to...

New York AG urges Congress to strengthen crypto regulations after DOJ disbands task force

New York Attorney General Letitia James (D) sent a Thursday letter to leaders in Congress urging them to crack down on crypto regulations days after the Justice Department (DOJ) disbanded the National Cryptocurrency Enforcement Team. James argued that without safeguards, digital assets could undermine U.S. dollar dominance, weaken national security if individuals anonymously finance criminal...

Trump tariffs could push allies to align with China: Delaware governor

Delaware Gov. Matt Meyer (D) said he fears President Trump’s expansive tariff agenda is going to push U.S. trading allies in North America and Europe to align closer to China.  “If the goal is some endgame with China, my fear as someone — I’m probably the only governor who’s been a U.S. diplomat in Iraq...

Musk: Trump’s proposed NASA funding cuts ‘troubling’

Elon Musk, White House adviser and CEO of SpaceX, expressed his opposition to the Trump administration's proposed 20% cut to NASA funding, while also stating that he cannot participate in NASA budget discussions due to SpaceX's status as a major NASA contractor.

Trump envoy meets Putin in Russia as Trump fumes over stalled Ukraine peace talks

As President Donald Trump demands an immediate ceasefire in Ukraine, his envoy Steve Witkoff met with Russian President Vladimir Putin on Friday, seeking to revive stalled peace talks.

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