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Central bank maintains interest rates as Trump escalates criticism of Powell

Central bank maintains interest rates as Trump escalates criticism of Powell

The Federal Reserve decided to keep interbank rates steady in the 4.25-4.5% range on Wednesday, despite some shifts in trade policies and ongoing pressure from President Trump. Officials at the Fed have pointed out that the overall health of the U.S. economy appears strong, with recent trends showing a decrease in unemployment and inflation rates. […]

Maintains Authority over California National Guard

Maintains Authority over California National Guard

Judicial Ruling on Trump’s Authority Over Federal Forces A judge in a lower court has ordered President Donald Trump to take measures regarding control of the federal government. The ruling from the 9th U.S. Circuit Court of Appeals may not fully endorse Trump’s stance, but reports indicate that for now, the president retains authority over […]

Federal judge maintains Colorado law that mandates gun buyers to be at least 21 years old

Federal judge maintains Colorado law that mandates gun buyers to be at least 21 years old

Federal Judge Upholds Colorado’s Firearm Sale Restrictions A federal judge has confirmed Colorado’s regulations on firearm sales, which require purchasers to meet certain age criteria. This decision originated from a case involving the Rocky Mountain Gun owner and two individuals attempting to buy firearms. U.S. District Judge Philip A. Brimmer expressed agreement with the 10th […]

Supreme Court Supports Trump’s Control Over Executive Agencies, Maintains Federal Independence

Supreme Court Ruling on Presidential Control Over Federal Agencies The Supreme Court ruled on Thursday that President Trump can dismiss members of two independent federal agencies without needing to provide a reason. This move reinforces the idea that the President holds authority over the administrative branch, challenging the influence of unelected officials. In an unsigned […]

Mamdani maintains unusual stance against signing resolution denouncing the Holocaust

Zohran Mamdani, a socialist aspiring for the NYC mayoral seat, has come under fire for his refusal to endorse a resolution condemning the Holocaust. On Saturday, he offered peculiar explanations for his choice, particularly when faced with questions about not signing a separate resolution celebrating Israel’s 77th anniversary. The pro-Palestinian legislator from Queens stated that […]

Judge maintains Iowa limitations on teaching about gender identity and sexual orientation

In Iowa, while schools are restricted from teaching K-6 students about gender identity and sexual orientation, they can’t stop younger kids from participating in voluntary activities that involve related topics. US District Judge Stephen Rocher’s recent decision stems from legislation signed by Iowa Governor Kim Reynolds (R) in 2023, which bars educators from discussing sexual […]

Judge dismisses SEC and Ripple’s proposed settlement and maintains $125M penalty.

Key Takeaways A judge turned down the suggested settlement that aimed to reduce Ripple’s fine from $125 million to $50 million. Judge Analisa Torres stated that extraordinary circumstances need to be shown to modify the final judgment. A federal judge recently dismissed a joint appeal filed by the SEC and Ripple Labs to approve a […]