Fed Governor Stands Firm, Declines to Resign After Trump’s Dismissal Comment

Fed Governor Defies Trump’s Dismissal Federal Reserve Governor Lisa Cook announced that she won’t be resigning on Monday evening, shortly after President Donald Trump stated he was removing her from the board, according to The New York Times. Trump’s announcement declared that the dismissal was effective immediately, referencing alleged document forgery to secure favorable mortgage […]
John Bolton criticizes Trump’s unclear Ukraine strategy in his initial remarks after returning to his home searched by the FBI.

John Bolton, the former national security adviser under Trump, has spoken out for the first time after the FBI’s raid on his home last Friday. In a series of posts on X, Bolton criticized the president’s foreign policy once again, describing the FBI’s search as “coherent” but also raising questions about Trump’s strategy toward Ukraine. […]
Who gains from 0% capital gains for 2025 under Trump’s ‘big beautiful bill’

With the stock market hanging around record highs, there could be notable benefits for those with taxable brokerage accounts. When you sell assets that you’ve held for more than a year, you may be subject to the Capital Gains Tax, which is determined by your taxable income and could be at rates of 0%, 15%, […]
Pritzker responds to Trump’s National Guard warning: ‘Stay away from Chicago’

Illinois Governor Warns Against National Guard Deployment Last week, Illinois Governor J.B. Pritzker expressed concerns to President Trump regarding potential National Guard troop deployments to Chicago. This follows Trump’s suggestion that he might target a Democratic-run city next. During a press conference on Monday, surrounded by local and state Democratic leaders, Pritzker recounted an incident […]
Illinois governor criticizes Trump’s idea of sending the National Guard to Chicago as ‘un-American’

Illinois Governor Criticizes Trump’s Plans for National Guard Deployment Illinois Governor JB Pritzker took a strong stance against President Donald Trump on Monday, labeling him an “aspiring dictator.” He accused Trump of attempting to “occupy” Chicago with National Guard troops, following reports that the White House is gearing up for a deployment in September. Democrats […]
Lutnick supports Trump’s bid for Intel shares: ‘This is not socialism’

Commerce Secretary Howard Lutnick has responded to Republican backlash over a recent agreement that allows the government to acquire a 10% stake in Intel, a significant player in the shipbuilding industry. This move has been labeled by some as a shift towards socialism and a departure from traditional conservative market principles. Lutnick specifically addressed remarks […]
Trump’s federal interest in Intel leads to GOP criticism

Concerns Arise Over Trump’s Intel Stake President Trump’s recent decision for the federal government to acquire a 10% stake in Intel has sparked concern among conservative Republicans, given Intel’s history as a leading chipmaker in the U.S. The agreement with Intel follows Trump’s earlier deals with two other American chip manufacturers, Nvidia and Advanced Micro […]
Leading Democrats criticize Trump’s decision to remove Lisa Cook from the Federal Reserve board

Democrats Respond After Trump’s Attempt to Fire Federal Reserve Governor Top Democrats voiced their concerns on Monday after President Trump dismissed Federal Reserve Governor Lisa Cook amid allegations of mortgage fraud. Cook, who was appointed by former President Biden in 2022, stated her intent to remain in her role, asserting that Trump “has no authority” […]
Trump’s new executive order faces uncommon resistance from conservatives and additional major stories

Good morning, welcome to Fox News First, the morning newsletter. Here’s what you need to know to start your day… Top 3 1. Trump’s recent executive order faces unusual criticism from conservatives. 2. Trump is poised to be the first president to dismiss Federal Reserve members. 3. A judge has mandated Utah to revise the […]
Trump’s battle against wind and solar disrupts the clean energy sector

The reversal of the Trump administration’s clean energy initiatives and the push to enhance the U.S.’s dominance in natural gas exports could drastically reshape both domestic and global energy markets for years ahead. Some experts express concerns about the shift away from clean energy—a move that may drive up consumer prices, stifle innovation, and, ultimately, […]