Top contenders to lead the Federal Reserve under Trump are lining up around a policy that doesn’t seem Trump-like. President Donald Trump has loudly and persistently railed against Federal Reserve Chair Jerome Powell, with an eye toward next year when he can pick a new Fed chief more aligned with his own views. But in … Read more
More than half of the 2026 funding for the program will be shifted from permanent housing to transitional housing with work and service requirements. The Department of Housing and Urban Development released policy changes Thursday night that will significantly cut funding for a permanent housing program for people experiencing homelessness. More than half of the … Read more
The U.S. announced new trade agreements with Argentina, Guatemala, El Salvador and Ecuador. The White House on Thursday announced new trade agreements with four South and Central American countries, which could lead to lower duties on some coffee and banana imports, as well as beef from Argentina. “These are exactly the kind of deals the … Read more
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
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
The White House has repeatedly pressured the administration, and no U.S. officials will attend the upcoming G20 summit in Johannesburg. Enoch Godongwana, South Africa’s finance minister, slammed claims of a genocide against white Afrikaners in the country Wednesday, after President Donald Trump last week announced no U.S. officials would attend the upcoming Johannesburg G20 summit … Read more
The high court extended through Thursday a stay on a lower court order requiring the Trump administration to pay full food stamp benefits this month. The Supreme Court extended through Thursday its order allowing the Trump administration to withhold full food stamp benefits as lawmakers inch closer to ending the record-setting government shutdown. The move … Read more
Leaders of the anti-vaccine movement gathering in Texas over the weekend said they want to change America, not just the party. AUSTIN, Texas — The anti-vaccine movement once led by Health Secretary Robert F. Kennedy Jr. is making a play for the mainstream. More Republicans are embracing it as part of the GOP coalition. But … Read more
Canada’s prime minister comes closer to a majority government just as he faces a test of his leadership — and so does Pierre Poilievre. OTTAWA — Mark Carney is one step closer to cementing his control of Canada’s government — potentially strengthening his hand in a trade war with the United States. The Canadian prime … Read more
The White House was blindsided by the idea and is now dealing with a furious backlash from conservative allies, business leaders and lawmakers. White House officials are furious with Bill Pulte, the Federal Housing Finance Agency director, who talked the president into suggesting a 50-year mortgage plan. The White House was blindsided by the idea, … Read more