Tag Archives: Federal

Eli Lilly Rises on Weight-Loss Pill Trial Results 14 minutes ago Eli Lilly (LLY) shares rose Tuesday morning as results from a new study moved the drugmaker closer to applying for approval of its experimental weight-loss pill. Lilly reported a Phase 3 trial of its oral GLP-1 treatment, orforglipron, met primary and key secondary goals in reducing weight for adults who were …

California, Washington and New Mexico could lose millions of dollars of federal funding if they continue failing to enforce English language requirements for truckers, Transportation Secretary Sean Duffy said Tuesday. An investigation launched after a deadly Florida crash involving a foreign truck driver who made an illegal U-turn on Aug. 12 found what Duffy called significant failures in the way …

Trump administration seeks more federal recruits for National Guard forces The White House ordered the creation of an online portal for individuals with law enforcement or “other relevant” experience to apply for the National Guard. Drew Friedman@dfriedmanWFED August 25, 2025 5:12 pm 3 min read The Trump administration is seeking to amplify the presence of the National Guard through further …

Trump moves to fire Federal Reserve governor Lisa Cook  The Washington Post Trump says he has fired Fed governor Lisa Cook. She says she will ‘continue to carry out’ duties  CNN ‘Unprecedented’: Donald Trump moves on the Federal Reserve  Financial Times Trump says he is firing Fed’s Cook over mortgage loan allegations  Reuters Trump tells Fed’s Lisa Cook she’s fired; she says ‘he has …

President Donald Trump has said he will immediately remove Federal Reserve official Lisa Cook from her position, a major escalation in his battle against the US central bank. In an announcement made on his social media platform Truth Social, Trump posted a letter addressed to Cook in which he informed her of his decision to remove her from the bank’s …

WASHINGTON (AP) — President Donald Trump said Monday night that he’s firing Federal Reserve Governor Lisa Cook, an unprecedented move that would constitute a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from day-to-day politics. Trump said in a letter posted on his Truth Social platform that he is removing …

President Donald Trump is removing Federal Reserve Governor Lisa Cook effective immediately, according to a letter he posted to Truth Social on Monday night. In the letter, Trump writes: “Pursuant to my authority under Article II of the Constitution of the United States and the Federal Reserve Act of 1913, as amended, you are hereby removed from your position on …

Facebook Tweet Email Link New York AP  —  Former Mexican cartel kingpin Ismael “El Mayo” Zambada pleaded guilty Monday to U.S. drug trafficking charges, saying he was sorry for helping to flood the U.S. with cocaine and other illicit substances. “I recognize the great harm illegal drugs have done to the people in the United States and Mexico,” he said …

NEWYou can now listen to Fox News articles! Good morning and welcome to Fox News’ morning newsletter, Fox News First. And here’s what you need to know to start your day … TOP 3 1. Trump’s potential deployment of additional National Guard troops to Chicago 2. White House launches ‘Make America Fentanyl Free’ campaign 3. Abrego Garcia to turn himself …

As President Donald Trump ramps up pressure on the Federal Reserve, the typically staid, consensus-driven institution could take on some qualities of the more bitterly divided Supreme Court. Since returning to the White House, he has demanded that the Fed cut rates and routinely insults Chairman Jerome Powell for not doing so. After teasing that he could fire Powell then …