US Mint strikes last penny as Trump’s phaseout rattles retailers

The Treasury Department is considering issuing guidance to help businesses navigate the transition, including how to round cash transactions. President Donald Trump’s decision earlier this year to halt production of the U.S. penny is rippling through the economy faster than expected, triggering widespread shortages of the one-cent coin and headaches for retailers and banks. The … Read more

Jeffrey Epstein, in newly released email, says Trump ‘knew about the girls’

The convicted sex offender’s correspondence was released along with other documents by House Oversight Dems. The late convicted sex offender Jeffrey Epstein alleged that President Donald Trump knew about the girls he was trafficking, according to new emails from Epstein’s estate released by Democrats on the House Oversight and Government Reform Committee on Wednesday morning. … Read more

Tariffs are on trial, but US trade talks are moving full steam ahead

As the justices weigh limits on Trump’s trade authority, foreign governments continue to seek deals, while hoping the case may give them more leverage. The White House is plowing ahead with negotiations on tariffs, despite the fact the Supreme Court may soon strike down a large chunk of them. And foreign trading partners are still … Read more

Bessent says tariff cuts on coffee, other ag products coming soon

“You’re going to see some substantial announcement over the next couple of days,” the Treasury secretary said in an interview on Fox News. U.S. Treasury Secretary Scott Bessent on Wednesday said the Trump administration will soon announce a broad package of agricultural tariff cuts. “You’re going to see some substantial announcement over the next couple … Read more

AOC blasts Senate Democrats — not just Chuck Schumer — over shutdown deal

“This problem is much bigger than Leader Schumer,” Rep. Alexandria Ocasio-Cortez said, continuing to sidestep questions about a 2028 Senate run. Rep. Alexandria Ocasio-Cortez laid the blame Wednesday for a disappointing deal ending the 43-day government shutdown at the feet of Senate Democrats as a whole — not just Minority Leader Chuck Schumer — noting … Read more

Key GOP senator backs Trump’s FDIC pick, citing progress on workplace reforms

“I am satisfied with the progress the agency is making,” Sen. John Kennedy (R-La.) said about the FDIC’s efforts to address sexual harassment. President Donald Trump’s nominee to lead the Federal Deposit Insurance Corporation has won the backing of a key Republican senator who had earlier threatened to vote against him over concerns about the … Read more

White House vows Trump will sign ‘good-faith’ shutdown-ending bill

The Trump administration is calling on all lawmakers to back the legislation to reopen the government. The White House committed in writing Wednesday that President Donald Trump will sign the bill to end the longest government shutdown in U.S. history once the House passes it. In a statement of administration policy, the Trump administration urged … Read more

Rahm Emanuel, considering White House bid, urges Dems to move center on crime

Emanuel is laying out a public safety strategy as his party grapples with how to approach crime in the midterms. Rahm Emanuel believes Americans are being presented a “binary choice” between “defund the police” and President Donald Trump’s National Guard push. So he’s offering an alternative. As Democrats grapple with how to cut into one … Read more

UK government under pressure to stop Sudan bloodshed

Britain is officially responsible for the Sudan portfolio at the U.N. Security Council. LONDON — U.K. MPs are urging the government to step up efforts toward a breakthrough in Sudan, warning that “global attention has drifted away” from the deadly civil war that has been raging since 2023. The country is now facing escalating violence … Read more