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Trump touts anti-DEI changes in West Point address

Trump touts anti-DEI changes in West Point address

US President Donald Trump prepares to sign executive orders in the Oval Office of the White House in Washington, DC, on May 23, 2025. Mandel Ngan | Afp | Getty Images President Donald Trump touted his administration’s changes to the military during a commencement address at the U.S. Military Academy at West Point on Saturday … Read more

Elon Musk’s X temporarily down for tens of thousands of users

Elon Musk’s X temporarily down for tens of thousands of users

Elon Musk looks on as U.S. President Donald Trump meets South African President Cyril Ramaphosa in the Oval Office of the White House in Washington, D.C., U.S., May 21, 2025. Kevin Lamarque | Reuters The Elon Musk-owned social media platform X experienced a brief outage on Saturday morning, with tens of thousands of users reportedly … Read more

Goolsbee says Fed has to wait longer before moving rates due to trade policy uncertainty

Goolsbee says Fed has to wait longer before moving rates due to trade policy uncertainty

Chicago Federal Reserve President Austan Goolsbee said Friday that President Donald Trump’s latest tariff threats have complicated policy and likely put off changes to interest rates. In a CNBC interview, the central bank official indicated that while he still sees the direction of rates being lower, the Fed likely will be on hold as it … Read more

Trump tax bill heads to the House floor for vote

Trump tax bill heads to the House floor for vote

WASHINGTON — The House Rules Committee advanced President Donald Trump’s “big, beautiful” tax bill late Wednesday after 21-hours of debate and amendments, sending the legislation to the floor where it was expected to receive a final vote early Thursday morning. The 8-4 vote to proceed out of committee was a victory for Republican leaders, who … Read more

Habeas corpus gives Trump right ‘to remove people’

Habeas corpus gives Trump right ‘to remove people’

U.S. Homeland Security Secretary Kristi Noem speaks during a hearing with the Senate Committee on Homeland Security and Governmental Affairs on Capitol Hill on May 20, 2025 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images Homeland Security Secretary Kristi Noem said Tuesday that President Donald Trump has an absolute right to deport people without due … Read more

Trump rolls out ‘Golden Dome’ missile defense system plan

Trump rolls out ‘Golden Dome’ missile defense system plan

U.S. President Donald Trump makes an announcement regarding the Golden Dome missile defense shield next to U.S. Defense Secretary Pete Hegseth in the Oval Office of the White House in Washington, D.C., U.S., May 20, 2025. Kevin Lamarque | Reuters President Donald Trump rolled out plans for a multibillion dollar ‘Golden Dome‘ missile defense shield … Read more

Federal Reserve will reduce staff by 10% in coming years, Powell memo says

Federal Reserve will reduce staff by 10% in coming years, Powell memo says

U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including … Read more

China keeps rare earth exports control for United States

China keeps rare earth exports control for United States

U.S. Secretary of the Treasury Scott Bessent shakes hands with Chinese Vice Premier He Lifeng during the bilateral meeting between the U.S. and China, in Geneva, Switzerland, on May 11, 2025. Keystone/eda/martial Trezzini | Via Reuters China has temporarily paused export restrictions targeting 28 American companies on the heels of the trade truce Beijing reached … Read more

Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges

Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges

Federal Reserve Chair Jerome Powell speaks at the Thomas Laubach Research Conference held by the Federal Reserve Board of Governors on May 15, 2025 in Washington, DC. Andrew Harnik | Getty Images Federal Reserve Chair Jerome Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is … Read more

Watch Fed Chair Jerome Powell deliver live remarks on policy review

Watch Fed Chair Jerome Powell deliver live remarks on policy review

[The stream is slated to start at 8:40 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Thursday morning to the Thomas Laubach Research Conference. The topic of Powell’s presentation will be the review the central bank is conducting this year … Read more