Scott Bessent, US treasury secretary, during a Bloomberg Television interview in New York, US, on Monday, June 30, 2025. Victor J. Blue | Bloomberg | Getty Images Treasury Secretary Scott Bessent recently urged President Donald Trump not to fire Treasury Secretary Jerome Powell, warning of the potential economic, political, and legal consequences of such a move, according to a new …
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CBS says its decision to end Stephen Colbert’s late-night comedy show is financial, not political. Yet even with the ample skepticism about that explanation, there’s no denying the economics were not working in Colbert’s favor. The network’s bombshell announcement late Thursday that the “Late Show” will end next May takes away President Donald Trump’s most prominent TV critic and the most popular …
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US President Donald Trump speaks during a meeting with Bahraini Crown Prince Salman bin Hamad al-Khalifa in the Oval Office of the White House in Washington, DC, on July 16, 2025. Andrew Caballero-Reynolds | AFP | Getty Images U.S. President Donald Trump is demanding a minimum of 15%-20% tariffs on imports from the European Union, the Financial Times reported Friday, …
Read More »The Trump administration imposed new restrictions Saturday on flights from Mexico and threatened to end a longstanding partnership between Delta Air Lines and Aeromexico in response to limits the Mexican government placed on passenger and cargo flights into Mexico City several years ago. Transportation Secretary Sean Duffy said Mexico’s actions to force airlines to move out of the main Benito …
Read More »Exclusive | How Bessent Made the Case to Trump Against Firing Fed Chair Powell The Wall Street Journal Why the Federal Reserve’s Building Renovation Costs $2.5 Billion Bloomberg.com Trump appointees pushed more marble in Fed building renovation White House now attacks AP News Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell CNBC Powell defends $2.5 billion Fed …
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The Trump administration imposed new restrictions Saturday on flights from Mexico and threatened to end a longstanding partnership between Delta Air Lines and Aeromexico in response to limits the Mexican government placed on passenger and cargo flights into Mexico City several years ago. Transportation Secretary Sean Duffy said Mexico’s actions to force airlines to move out of the main Benito …
Read More »Inside the Long Friendship Between Trump and Epstein The New York Times What is publicly known about Trump’s yearslong relationship with Jeffrey Epstein PBS 5 big questions about Trump’s ties to Epstein CNN Trump calls for the release of Jeffrey Epstein grand jury testimony NPR Trump meets toughest opponent: his Epstein-fixated base Axios Source link
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Key Takeaways Trump’s plan to open retirement funds to crypto could further boost the market, according to a VC partner. This could further cement the president’s pro-crypto agenda. After making its way into the U.S. public exchanges via spot Bitcoin [BTC] and Ethereum [ETH] ETFs, the next stop for crypto could be retirement markets. U.S. President Donald Trump is …
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Amid the White House’s unrelenting pressure campaign on Federal Reserve Chairman Jerome Powell, President Donald Trump has not only demanded that the central bank to cut rates but to lower them all the way to 1%. The federal funds rate currently sits at 4.25%-4.50%, meaning a reduction of that magnitude would require a drastic move that goes well beyond the …
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New York CNN — As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest rates. “You have cost the USA a fortune and continue to do so,” Trump wrote in a handwritten note to Powell that he …
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