Tag Archives: Federal

The boss of JP Morgan Chase, Jamie Dimon, has defended the “absolutely critical” independence of the Federal Reserve chair, as Donald Trump continues to demand immediate cuts in interest rates. The US treasury secretary, Scott Bessent, said on Tuesday that a formal process for choosing a successor to the Fed chair, Jerome Powell, had already begun – despite the fact …

NEW YORK (AP) — A federal judge in Texas removed a Biden-era finalized ruled by the Consumer Financial Protection Bureau that would have removed medical debt from credit reports. U.S. District Court Judge Sean Jordan of Texas’s Eastern District, who was appointed by Trump, found on Friday that the rule exceeded the CFPB ‘s authority. Jordan said that the CFPB …

Elon Musk’s xAI has signed an important new customer: the U.S. government.  The two-year old AI company—most recently in the news when its chatbot praised Hitler—said in a blog post Monday that it has launched a new division, called “Grok with Government” and signed a contract worth up to $200 million with the Department of Defense. xAI also announced that …

The government is accelerating adoption of artificial intelligence technology, beginning with the U.S. Department of Defense using Grok, the AI chatbot embedded into X. Elon Musk‘s startup xAI announced on Monday a $200 million government contract as the Defense Department aims to address national security concerns with AI technology. It’s also rolling out what it called “Grok for Government,” a …

Arizona Governor Seeks Investigation of Federal Handling of Grand Canyon Fire  The New York Times Grand Canyon National Park Update on Dragon Bravo Fire  National Park Service (.gov) A wildfire destroyed the historic Grand Canyon Lodge. It burned down once before  NPR Maps of Dragon Bravo Fire Impact as Grand Canyon Closes Entrance for Season  Newsweek Wildfire that destroyed Grand Canyon lodge spread after …

Tesla Faces First Federal Jury Trial Tied to Its Autopilot System  The New York Times Elon Musk looms over jury selection in Tesla Autopilot fatality trial  CNBC A lawsuit against Tesla and its driver-assistance technology goes to trial in Florida  NPR Tesla faces federal trial over deadly Key Largo autopilot crash  WPLG Local 10 As Elon Musk pushes Robotaxis, Tesla trial begins over fatal …

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 14, 2025 Agencies issue joint statement on risk-management considerations for crypto-asset safekeeping Federal Deposit Insurance Corporation Federal Reserve Board Office of the Comptroller of the Currency For release at 1:30 …

Trump continues attacks on Federal Reserve chair Donald Trump has continued his attacks on Federal Reserve chair Jerome Powell today, calling him a “stupid guy” and a “knucklehead”. He told reporters at the White House earlier: We have a bad Fed chairman, really bad … I tried being nice to the guy. It doesn’t help. He’s like a knucklehead. No, …

Good morning. The death toll from the catastrophic floods in Texas has climbed to 129, including at least 27 children and counsellors at Camp Mystic in Kerr County. With more than 160 people still missing, authorities warn that the number of casualties is likely to rise. On Sunday morning, some search operations were cancelled as heavy rain and strong winds …

Federal workers face mass firings this summer after Supreme Court ruling  Axios Supreme Court greenlights layoffs: What it means for federal employees  The Hill Supreme Court allows Trump administration to implement plans to significantly reduce the federal workforce  SCOTUSblog Court fight over RIFs continues after Supreme Court ruling  Federal News Network Sotomayor breaks with Jackson in Supreme Court decision over Trump cuts to federal …