Trump Says He Will ‘Demand’ Rate Cuts, Aligning His Views With Federal Reserve
Speaking at the World Economic Forum on Thursday, President Donald Trump called for future interest rate cuts in response to falling oil prices, echoing the Fed's outlook for further easing. The speech will be Trump's first major comments on monetary policy since taking office three days ago. “With oil prices falling, I demand that interest […]
Trump: 'We have to get Democrats' to approve tax cuts
President Trump said Thursday that he is working with Democrats to extend and strengthen the 2017 tax cuts. This is one of the top legislative priorities for Republicans, who are divided on many of the law's broad provisions. During an event in Davos, Switzerland, President Trump said that passing a major new tax bill would […]
Trump Cuts Off EV Charging Gravy Train Enjoyed by Elon Musk’s Tesla
President Donald Trump's recent executive orders targeting funding for electric vehicle charging infrastructure could have significant implications for Elon Musk's Tesla, which has benefited from such programs in the past. . tech crunch report President Donald Trump declares that “all agencies will immediately cease disbursing funds” from programs created by the Control Inflation Act and […]
Elon Musk’s DOGE wasting no time making DEI cuts: ‘It begins’
Dougie Ron Musk's new Department of Government Efficiency (DOGE) immediately shut down the Chief Diversity Officer Executive Council and began a purge of reckless government spending, the world's richest man has revealed. Hours after President Trump's inauguration on Monday, Musk shared a screenshot showing the website of the Office of Diversity, Equity, Inclusion, and Accessibility […]
Marcus Rashford’s holiday scheme for kids wins reprieve from spending cuts | Poverty
Ministers have announced a Marcus Rashford-inspired plan to provide food to vulnerable children during school holidays, amid fears they could fall victim to a frantic money-saving drive across Whitehall. The plan, which offers activities and events, will be maintained for another year. More than a million people have signed a petition calling for the Manchester […]
HHS cuts off funding for EcoHealth Alliance in light of COVID Committee evidence
The U.S. Department of Health and Human Services (HHS) has disbarred EcoHealth Alliance Inc. and its former president, Dr. Peter Daszak, and formally blocked the company and its physicians from receiving federal funds for five years. EcoHealth allegedly failed to report dangerous gain-of-function experiments to the government, which ultimately led to its disbarment. in Notice […]
Piers Morgan cuts mic on woman ranting about ‘white man mantra’ in wild moment
On Thursday, Piers Morgan's show descended into chaos after he bizarrely cut off a guest's microphone while repeatedly refusing to answer questions. British journalist and filmmaker Miriam Francois went on a rant during a panel discussion about the hostage trade between Israel and Hamas on “Piers Morgan Uncensored.” Morgan asked Francois, a sharp critic of […]
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republican lawmakers on the House Budget Committee are preparing for a broad reconciliation bill expected this year, including more than 200 budget cuts, tax cuts, tariffs and programs like Medicare and Social Security, according to documents shared with The Hill. We are considering the possibility of changes. Different policy options are broken down by committees, […]
NYC Mayor Adams avoids deep budget cuts in record-breaking $114.5B election year spending plan
Mayor Eric Adams announced a record $114.5 billion spending plan Thursday, achieving his first city budget without painful spending cuts in an election year. The fiscal year 2026 spending plan is about $2 billion more than New York City's last enacted budget and includes investments in mental health, parks and quality of life programs. “By […]
Bessent Warns That Failure To Preserve Trump Tax Cuts Would Bring Economy To A ‘Sudden Stop’
Scott Bessent told a Senate committee Thursday that preventing tax cuts enacted during President Donald Trump's first term from expiring is a top priority for lawmakers. Bessent, who was nominated by President Trump to head the U.S. Treasury, testified for several hours Thursday before the Senate Finance Committee, addressing questions about tariffs, Russia sanctions, energy […]