Bessent: The US has not started trade discussions with China yet
Treasury Secretary Scott Bescent informed lawmakers on Tuesday that the U.S. is not currently in trade negotiations with China, but he suggested that announcements regarding trade deals with other partners might be forthcoming soon. This statement follows comments from Trump last month, who suggested that discussions with China were occurring at various levels, although Chinese […]
Demonstrators take over University of Washington building
Pro-Palestinian Protesters Occupy UW Building On Monday, pro-Palestinian demonstrators took over an engineering building at the University of Washington (UW) in Seattle, as reported by the student newspaper. The Daily reported that the protesters are calling for the university to sever its financial ties with Boeing, which has a significant partnership with the institution. A […]
Democrats leave crypto hearing following tense exchanges
Several House Democrats left a hearing on the Cryptocurrency Act after Rep. Maxine Waters (D-Calif.) raised concerns about recent activities in the digital asset sector. Waters, a key member of the House Financial Services Committee, has been under pressure as she tries to halt a joint hearing with the House Agriculture Committee. Chairman of the […]
DOJ suggests separating Google’s advertising technology services
The Department of Justice (DOJ) is pushing for Google to divest itself of two advertising products after a judge concluded that the company unlawfully acquired and maintained control over its ad tech division. A late-night filing on Monday urged a federal court in Virginia to require the sale of Google’s ADX Exchange business, and suggested […]
O’Reilly discusses Trump’s doll remarks: ‘There is no plan’
Political analyst and former Fox News personality Bill O’Reilly recently remarked that President Trump lacks a “strategy” during a discussion around doll pricing amid increasing economic uncertainty. “There’s no strategy. Donald Trump isn’t a calculated speaker,” O’Reilly said, as reported by Leland Vittert from NewsNation. “He doesn’t consult anyone when he speaks. He just says […]
Bipartisan Trump opponents pointing out increasing expenses
A new coalition has emerged from a bipartisan group concerned about President Trump’s economic agenda, aiming to shed light on the increasing costs faced by Americans since he took office just over 100 days ago. Named the Cost Coalition, the group’s mission is to amplify the voices of everyday Americans who feel personally impacted by […]
Trump places the IRS at the center of his conflict with Harvard.
President Trump lacks the legal power to independently revoke Harvard University’s tax-exempt status. But does that really stop him? As he works to financially undermine the university, Trump is embroiled in a conflict with Harvard, instigating lawsuits while probing into areas like research funding and international student admissions, along with the contentious issue of tax […]
Fed and Powell plan to maintain their stance despite pressure from Trump
Federal Reserve Holds Interest Rates Steady Amid Pressure This Tuesday and Wednesday, the Federal Reserve Interest Rate Committee convened, and it seems the central bank will keep interest rates unchanged. This decision occurs despite the criticism coming from President Trump and the ongoing price pressures tied to his trade policies. The market shows confidence that […]
Trump revises his stance on the economy
Trump’s Evolving Economic Message President Trump has recently shifted his stance on the economy, suggesting that Americans might need to adapt to a tougher economic environment where they shop less, possibly spend more, as his tariff policies begin to take shape. For weeks now, Trump and his economic team have maintained that while tariffs may […]
Pence alerts about potential ‘price shock’ and effects of Trump’s tariffs.
Former Vice President Pence expressed concerns about the potential “price shock” and other impacts of President Trump’s recent tariff policies during an interview on CNN that aired on Monday. “There are worries that the administration has acknowledged about possible price increases when the 90-day suspension was implemented…,” he said while speaking to CNN’s Kaitlan Collins, […]