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Daily Headlines: Economy

Free spreadsheet maps donors and their contacts tied to three GOP senators weighing Trump’s budget bill. For transparency, not harassment.

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Trump slams AT&T for call failures weeks after launching Trump Mobile wireless service that relies on the same carriers, deepening conflicts between his business and presidency.

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Education Department freezes $5 billion in congressionally approved school funding through controversial “pocket rescission” tactic to defy lawmakers.

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House Republicans fume over Senate tax bill changes before Senate even passes it, with at least six planning to vote no.

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Trump publicly pressures Fed chair Powell to cut rates “by a lot” in handwritten letter displayed at White House briefing.

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US dollar suffers worst start to year since 1973 as Trump’s trade policies and $3+ trillion tax bill undermine investor confidence.

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CALL RIGHT NOW: CBS breaks down how Trump megabill cuts healthcare and food assistance for seniors, disabled and poor Americans while extending $4 trillion in tax cuts for wealthy as Senate voting begins Monday.

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Trump urges Senate Republicans to overrule nonpartisan parliamentarian after she strikes down Medicaid cuts, dismissing her as “unelected Senate Staffer” who shouldn’t hurt GOP bill.

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Senate Republicans add new taxes on wind and solar projects while tightening renewable energy credit requirements in updated Trump megabill draft hours before voting begins.

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Canada rescinds digital services tax after Trump ends trade talks, abandoning $2 billion in revenue from Amazon, Google and Meta to resume negotiations by July 21st.

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Trump threatens tariffs up to 50% on most countries after July 9th following his failure to deliver promised 90 trade deals in 90 days, saying administration will tell nations they must pay to “shop in the United States.”

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Senate Republicans postpone overnight voting on Trump’s $4 trillion package until Monday after Democrats force 16-hour reading of 940-page bill and threaten marathon amendment session.

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G7 issues nonbinding statement to exclude US corporations from global minimum tax after Trump threatens “revenge tax” of up to 20 percent on countries with unfair policies.

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Senate Republicans advance Trump’s tax cuts after midnight bill release that would strip health insurance from 11 million and food assistance from millions more while offering tax cuts to top earners.

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Senate GOP rushes near-1,000-page domestic package to Saturday vote without Finance text, leaving Thune pressuring colleagues to approve a bill they still haven’t seen.

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Trump says the next Fed chair must cut rates to 1 percent, calling current chair Jerome Powell “stupid” and urging him to resign for keeping borrowing costs high.

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WaPo Exclusive: White House strips DOGE of control over grants.gov after Musk’s exit, restoring agencies’ authority to post billions in awards and averting impoundment delays.

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Trump terminates U.S. trade talks with Canada and threatens tariffs within seven days after Ottawa imposes retroactive digital services tax on American tech giants.

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U.S. economy shrank 0.5% in Trump’s first months, worse than initial estimates, as tariff fears drove massive import surge.

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IRS watchdog warns taxpayers will face delays and poor service after Trump cuts 26% of workforce, potentially reducing revenue collection by $159 billion.

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Senate parliamentarian blocks $250 billion in Medicaid cuts from Trump’s signature bill, jeopardizing July 4th deadline and tax cut funding.

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RFK Jr. and Oklahoma governor announce SNAP waiver to ban soda, candy, and baked goods purchases for poor families at health event.

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Trump Mobile scrubs ‘made in USA’ claim from T1 phone listing, fueling doubts the Trump-branded handset will actually be American-built.

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Federal judge calls Trump’s $200 financial reporting rule “arbitrary and capricious,” blocking it for El Paso money service businesses facing closure.

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Trump considers naming Fed chair replacement by September to undermine Powell’s final year over slow pace of rate cuts.

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Trump threatens to double Spain’s trade costs after country refuses to meet NATO’s new 5% defense spending target.

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Senate GOP slashes apparent cost of tax cuts from $3.8 trillion to $441 billion using never-before-used accounting method that eliminates expiring tax cut costs.

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Trump calls green energy tax credits in his own “big beautiful bill” a “giant scam” and “junk” as GOP scrambles to meet July 4 deadline amid parliamentary setbacks.

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Senate parliamentarian blocks GOP plan to shift food stamp costs to states, eliminating tens of billions in savings needed for Trump’s $4.5 trillion tax cut package.

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Senate parliamentarian blocks Trump’s plan to zero out CFPB funding and slash financial oversight agencies after Democrats challenge megabill provisions.

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Trump’s CFPB drops 18 enforcement cases against predatory lenders including Credit Acceptance which profits from borrower failures while vulnerable consumers face thousands in judgments.

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Supreme Court declines to fast-track challenge to Trump’s emergency tariffs, keeping congressional bypass in place while toy companies report rising prices.

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After the Fed leaves rates unchanged, FHFA director Bill Pulte and Trump demand chair Powell cut rates or resign, continuing their long running public feud.

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New data shows Medicare and Social Security stop paying full benefits in 8-9 years, earlier than projected, before accounting for Trump’s pending budget bill that would trigger additional Medicare cuts.

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Federal Reserve keeps rates steady despite Trump calling Powell “stupid” and demanding cuts to reduce government’s $1.2 trillion annual debt interest costs.

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Toy companies ask Supreme Court for urgent review of Trump tariffs after lower courts ruled them unlawful but administration continues collecting billions from American businesses.

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Retail sales plunge 0.9% in May as consumers pull back after March tariff-driven buying spree, exceeding economists’ worst expectations.

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New CBO analysis finds Trump tax cuts would increase deficits by $2.8 trillion over decade, contradicting Republican claims they would pay for themselves.

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ICE awards no-bid detention contracts worth hundreds of millions to private prison firms citing “compelling urgency” as stocks surge for Trump-connected companies.

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GAO finds Trump administration’s second violation of federal spending law after cutting library and museum funding by more than half despite congressional approval.

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Senate Republicans from both wings reject Finance Committee’s Medicaid cuts hours after rollout, threatening Trump’s July 4th deadline for “big, beautiful bill.”

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Trump signs order cutting UK car tariffs to 10% but excludes steel tariff removal despite being major component of original deal.

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Trump’s financial disclosure reveals over $600 million in 2024 income from crypto and business ventures that could benefit from his presidential policies.

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Trump personally approves Nippon Steel’s acquisition of U.S. Steel after campaigning against the deal, claiming vague “golden share” gives president “total control” without defining actual powers.

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Trump vows to protect migrant farm and hotel workers from deportation after businesses complain mass deportation policy is taking away essential employees.

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Trump calls Fed Chair Powell a “numbskull” and threatens to “force something” if he doesn’t cut rates that would benefit Trump’s debt-heavy businesses.

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House GOP narrowly passes $9.4 billion in cuts to foreign aid and NPR-PBS funding to help offset tax breaks for wealthy in reconciliation package.

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Independent CBO analysis finds GOP’s $3 trillion tax bill would give wealthy families $12,000 annually while costing poorest families $1,600 through benefit cuts.

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Former Rep. Long wins party line vote to lead IRS despite Democratic accusations he profited from tax fraud schemes and previously called for agency’s elimination.

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Trump threatens to send “take it or leave it” letters setting unilateral tariff rates within weeks, despite Treasury Secretary saying deadline likely to be extended for negotiating countries.

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Trump claims China trade framework is “done” while keeping 55% tariffs, but deal still requires approval from both him and Xi Jinping.

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Trump announces plan to eliminate FEMA after hurricane season while immediately cutting disaster payments and forcing states to handle emergencies with less federal funding.

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Consumer bureau enforcement chief quits with scathing email after Trump appointee Vought abandons bank lawsuits and terminates customer refund settlements.

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Federal appeals court allows Trump to keep tariffs in place through July 31 despite lower court ruling that the levies are illegal.

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US officials strike framework deal with China to ease export restrictions and salvage Geneva trade truce before August 10 deadline triggers tariff rates up to 145%.

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FTC launches antitrust probe into major ad agencies including Omnicom and WPP over potential coordination of X boycotts, following Trump donor Elon Musk’s complaints about lost revenue.

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House Homeland Security Chair Mark Green, who led Mayorkas impeachment effort, to resign from Congress after Trump budget bill passes citing “exciting” private sector opportunity.

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Newsom threatens to cut off California’s $80 billion federal tax surplus after Trump threatens university funding cuts.

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Trump threatens Musk will face “serious consequences” if he funds Democrats while considering canceling government contracts and refusing to repair relationship.

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U.S. economy added 139,000 jobs in May, slowing from previous month but beating expectations despite concerns over Trump’s tariff policies dampening growth.

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Trump sends Treasury Secretary Bessent, Commerce Secretary Lutnick and Trade Representative Greer to London on Monday to repair soured U.S.-China relations following Thursday call with Xi.

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IRS warns it will answer only 16% of taxpayer calls next filing season without funding for 11,000 new hires amid administration plans to cut agency by 20%.

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House passes GOP bill to force Small Business Administration offices out of “sanctuary cities”; Senate prospects uncertain as Democrats call it political retaliation.

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GOP budget bill would block millions of U.S. citizen children from the Child Tax Credit if their parents lack Social Security numbers, making eligibility depend on parental immigration status.

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Trump and Musk escalate into a daylong feud with impeachment threats, Epstein accusations, and Musk vowing to decommission the Dragon ISS capsule after Trump moves to cut billions in federal contracts.

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Trump and Xi pledge renewed trade talks after 90-minute call, with Trump pressing for rare earth concessions and both sides citing progress despite unresolved tariffs.

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PA Gov. Shapiro sues USDA over cancellation of food program that paid 180 state farms $13 million to provide fresh produce to food banks.

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Trump calls for scrapping debt limit entirely after Congressional Budget Office projects his policies would add $2.4 trillion to deficits and require $4 trillion debt ceiling increase.

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Trump’s government hiring freeze forces Labor Department to reduce inflation data collection as economists warn the cuts could make inflation measurements less accurate.

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Trump officials delayed and redacted Agriculture Department farm trade report because it projected a record $49.5 billion deficit this year that contradicted administration messaging on tariffs reducing trade imbalances.

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Independent Congressional Budget Office says Trump’s tariffs would shrink the economy and add to inflation while reducing deficits by $2.8 trillion through taxes paid by American consumers and companies on imported goods.

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Independent Congressional Budget Office says Trump’s tax bill would add $2.4 trillion to federal deficits over 10 years as Elon Musk escalates attacks and GOP senators join opposition.

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Trump doubles steel tariffs to 50% globally but grants Britain preferential 25% rate tied to their recent trade deal, threatening to raise UK duties if their compliance falters.

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Trump sends Congress his first formal request to eliminate $9.4 billion in funding for NPR, PBS and foreign aid while his budget director threatens to bypass lawmakers entirely using “pocket rescission” tactics.

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Musk calls Trump’s agenda bill a “disgusting abomination” days after leaving his government role, surprising officials who expected private disagreement to remain quiet.

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California’s lawsuit challenging Trump’s tariff authority is dismissed on jurisdictional grounds while Newsom celebrates other courts striking down the levies by saying “it’s raining tacos today.”

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Trump administration demands countries submit final trade offers by Wednesday as July 8 tariff deadline approaches with only Britain deal completed despite promises of multiple agreements.

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Commerce Secretary Lutnick says “tariffs are not going away” after appeals court restores Trump’s global duties pending appeals of trade court ruling that president exceeded his authority.

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China threatens retaliation against Trump administration over AI chip export controls and planned Chinese student visa revocations despite 90-day trade deal signed last month in Geneva.

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EU threatens automatic countermeasures by July 14 after Trump doubles steel tariffs to 50% during Friday rally at U.S. Steel plant.

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Sen. Joni Ernst tells Iowa town hall “we all are going to die” when confronted about Medicaid cuts, later dismissing criticism as “hysteria coming from the left.”

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Energy Department cancels $3.7 billion in clean-energy projects, claiming Biden officials failed to conduct thorough financial reviews and rushed awards after election loss.

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Trump accuses China of violating preliminary trade deal that paused retaliatory tariffs, saying “so much for being Mr. Nice Guy,” and threatening retaliation.

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Fed Chair Powell meets with Trump at White House and reinforces central bank independence as president privately pressured him to cut interest rates.

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Federal appeals court restores Trump’s tariff authority hours after lower court blocked his emergency powers, creating legal chaos around his core economic policy.

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Georgia pastor Jamal Bryant expands his corporate DEI boycott from Target to Dollar General, targeting the retailer for rolling back diversity programs under Trump administration pressure.

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Defense Secretary Pete Hegseth restricted Pentagon IT consulting contracts, requiring proof that work cannot be done in-house before hiring outside firms.

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Trump administration canceled $766 million Moderna contract for H5N1 bird flu vaccine as company reported positive trial results.

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Elon Musk left his top White House role after clashing over Trump’s spending bill and facing backlash for slashing government agencies.

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Trump lashed out at a reporter who asked about Wall Street’s “TACO trade” nickname mocking his repeated tariff reversals.

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Federal court blocked Trump from imposing broad tariffs under emergency powers.

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Housing finance chief William Pulte publicly pressures Fed Chair Powell to cut interest rates despite inflation concerns.

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Trump allows Nippon Steel to invest in U.S. Steel with American CEO and government veto over key decisions.

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Judge allows Musk’s DOGE team access to Treasury payment systems after training requirements added.

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Volvo Cars cuts 3,000 jobs amid Trump’s threatened 50% EU tariffs and broader automotive industry struggles with electric vehicle transition costs.

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Johnson defends GOP plan to shift SNAP food stamp costs to states, says “states are not properly administering” program because they don’t have “enough skin in the game.”

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Embattled Fed Chair Powell defends pandemic response and praises government workers at Princeton after Trump calls him “fool” and potential successor circles.

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Trump delays 50% EU tariffs until July 9 after von der Leyen requests extension, says “it was my privilege to do so” despite calling Europe “very difficult to deal with.”

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Disney puts 45 Venezuelan workers on leave after Supreme Court allows Trump to strip their temporary protected status, exposing 350,000 Venezuelans to potential deportation.

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Booz Allen Hamilton cuts 2,500 jobs as Trump’s Department of Government Efficiency spending reductions force federal contractors to restructure operations and eliminate thousands of positions.

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More than a dozen Trump administration officials sold stocks days before president’s tariff announcements sent markets plunging, including Trade Representative official who sold $30,000 before April’s “Liberation Day” tariffs.

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Veterans Affairs requires two Trump DOGE representatives to approve all IT, professional services and new contracts worth $10 million or more.

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Treasury Department orders final batch of penny blanks after Trump directs halt to production of coins that cost 3.7 cents to make but are worth 1 cent, saving $56 million annually.

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Trump FTC chair Andrew Ferguson drops price discrimination case against PepsiCo filed by Lina Khan three days before Trump took office, calling it a “legally dubious partisan stunt.”

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Musk’s Department of Government Efficiency terminates five Census Bureau surveys worth $16.5 million without required public process as agency faces 18 leadership vacancies.

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House passes Trump’s $2.3 trillion tax cut and spending bill by one vote despite CBO projections that 8.6 million people would lose health coverage.

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Trump hosts 220 top investors in his $TRUMP meme coin at Virginia golf club using presidential seal, three days after crypto industry donations helped secure pro-crypto Senate legislation.

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Senate GOP establish new precedent to bypass filibuster rules and block CA clean air standards with simple majority vote.

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House GOP proposes giving $1,000 investment accounts to newborns born through 2028 in “Trump Accounts” despite financial experts calling the tax structure less attractive than existing savings options.

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House GOP leaders schedule vote within hours on Trump budget bill after making concessions to conservative holdouts despite Congressional Budget Office finding it would add $3.8 trillion to deficit.

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Trump IRS nominee Billy Long grilled by Senate Democrats over nonexistent ‘tribal tax credits’ after committee reveals recording of promised favorable treatment.

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House Republicans push trillion-dollar tax cut package forward after Trump visits Capitol and warns lawmakers, “Don’t f— around with Medicaid,” despite CBO projections of $3.8 trillion deficit increase.

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Senate unexpectedly passes “No Tax on Tips” bill through unanimous consent, sending legislation to House for consideration.

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Trump administration lifts pause on $2.5 billion New York offshore wind project after pressure from Governor Hochul and concerns over 1,500 job losses.

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Commerce Secretary Howard Lutnick transfers Cantor Fitzgerald ownership to his children’s trusts while selling $361 million in affiliated shares.

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Transportation Secretary Sean Duffy sold stocks in 34 companies days before Trump’s tariff announcement caused markets to plunge.

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Treasury Secretary Bessent admits Trump’s tariffs may cause Walmart to raise prices despite president demanding retailers absorb the costs.

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House Budget Committee approves Trump’s budget bill, sending it to full House after Republican holdouts drop opposition for undisclosed changes.

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Trump demands Walmart “eat the tariffs” rather than raise prices after retailer warned consumers about higher costs due to import duties.

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Moody’s becomes last of big three rating agencies to downgrade U.S. credit rating due to growing debt as Trump’s tax cuts threaten $4 trillion deficit increase.

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Conservative Republicans block Trump’s agenda bill in House Budget Committee for not cutting enough government spending despite Trump’s public rebuke.

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Walmart says it must raise prices due to Trump’s tariffs as first-quarter profits decline despite strong sales.

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UN forecasts slower global economic growth for 2025 due to Trump’s tariffs and increasing trade tensions.

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Attorney General Bondi sold at least $1 million in Trump Media stock on day Trump announced sweeping tariffs.

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PA Gov Shapiro warns rural hospitals will close and hundreds of thousands of people would lose health insurance under GOP Medicaid cuts.

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Tesla board chair Denholm dumps $200 million in stock as company faced backlash over White House entanglements while Musk urged employees to hold.

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Musk secures Saudi approval for Starlink while promoting Tesla ventures during Trump-led investment trip.

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HUD blames Biden-era housing cost surge for early end to emergency housing voucher program aiding up to 60,000 people.

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India rejects Trump’s claim that U.S. trade incentives led to Pakistan ceasefire, says no discussion of trade occurred during talks.

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House Republicans propose $5 billion private school voucher program funded by donors who would receive 100% tax credits, diverting resources from public schools.

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BREAKING OVERNIGHT: U.S. drops China tariffs from 125% to 30% while China cuts U.S. tariffs from 125% to 10% in 90-day agreement after Switzerland talks.

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White House directs federal agencies to stop using social cost of carbon when making regulatory decisions.

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Trump claims progress toward “total reset” in U.S.-China trade relations after 10-hour tariff talks in Switzerland.

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Trump signs four bills overturning Biden-era efficiency regulations for appliances.

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Washington Post analysis finds nearly 67,000 small-time investors lost millions as Trump-linked meme coin value plummets 85 percent.

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Treasury Secretary Bessent warns Congress to raise debt ceiling by mid-July before August recess as cash reserves dwindle.

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Trump signals possible reduction of China tariffs to 80 percent ahead of weekend trade talks in Switzerland.

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German Chancellor Merz urges Trump to end trade war and eliminate tariffs.

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BREAKING OVERNIGHT: Federal judge temporarily blocks Trump’s sweeping government overhaul, saying constitutional limits require congressional approval.

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Democrats block stablecoin bill over concerns Trump family would profit from crypto windfall.

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Vance echoes Trump’s attacks on Fed Chair Jerome Powell, calling him a “nice guy” who is “wrong about almost everything.”

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Trump calls Fed Chair Jerome Powell a “fool” for holding interest rates steady, dismisses inflation concerns.

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Trump touts symbolic trade deal with the United Kingdom as first since tariff pause, but specifics remain unclear.

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Trump-backed tax cut package includes controversial plan to sell public lands in Nevada and Utah, drawing sharp backlash.

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16 states sue Trump administration for withholding billions in EV infrastructure funding.

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US and UK poised to unveil tariff‑cutting deal as soon as Thursday

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Trump says federal government will not fund California’s high‑speed rail project.

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Former JPMorgan Chase COO Frank  Bisignano confirmed to lead Social Security.

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Federal judge blocks Trump plan to slash funding for library, minority business, and labor mediation agencies.

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Judge bars Trump administration from withholding over $1 billion in pandemic relief for struggling students.

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NSA plans to cut up to 2,000 civilian jobs this year under Trump workforce reduction push.

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Columbia will lay off nearly 180 researchers after Trump administration cuts $400 million in federal grants.

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USPS to name FedEx board member David  Steiner postmaster general at Trump’s urging.

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US treasury secretary and trade representative to open first China trade talks since Trump’s tariff war began.

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Carney rejects Trump’s 51st state idea in first White House meeting and wins promise to start new Canada‑U.S. trade talks.

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Democratic states sue Trump administration over freeze on wind energy development.

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Ford profit plunges 63% as tariffs hammer earnings, company pulls future forecasts.

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Commerce Secretary Lutnick calls Canada a “socialist regime,” casting doubt on trade deal ahead of Trump-Carney meeting.

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FEMA ends door-to-door disaster outreach as Trump administration shifts aid responsibilities to states.

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Newark airport delays mount after radar and radio failure, controller trauma, and staffing crisis force United to cut 35 daily flights.

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Trump administration offers $1,000 and paid transportation to undocumented immigrants who self-deport using a DHS app.

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Trump orders 100% tariff on all movies produced outside the U.S.

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More than 15,000 USDA employees have resigned in response to Trump administration offers, briefing reveals.

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GasBuddy and AAA refute Trump’s claim of $1.98 gas, with national average at $3.18.

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Temu Halts U.S. Sales After Trump Ends Tariff Loophole

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DOGE puts college student in charge of AI project rewriting HUD regulations.

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Trump budget slashes federal housing aid by 40% and limits it to two years for many adults.

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Trump budget slashes NIH, CDC, and chronic disease programs in sweeping cuts to public health and research.

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Trump order rewrites college accreditation rules, opening door for ideological accreditors in higher ed.

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Trump profits from UAE’s $2B Binance deal using stablecoin issued by his crypto firm.

GM warns Trump’s revised tariffs will still cut 2025 profits by up to $5 billion, even after relief offsets.

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Hegseth orders Army overhaul to cut jobs, close commands, and redirect troops under Trump cost-saving push.

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Trump budget proposes 23% cut to domestic spending, 13% boost to defense, and elimination of dozens of social programs.

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Trump company strikes foreign golf resort deal despite conflict pledge, involving Qatar and Saudi-linked firms.

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Tesla denies report it’s seeking to replace Musk as CEO after profits plunge and stock falls.

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Trump says Musk can stay in government ‘as long as you want’ despite internal clashes and failed budget cuts.

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Senate fails to pass resolution blocking Trump’s tariffs as GDP drops for first time since pandemic.

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Trump says kids may get 2 dolls instead of 30 due to tariffs but insists China will suffer more.

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Trump blames Biden after economy shrinks, despite data tying downturn to his own tariff threats.

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Trump says he made no mistakes in first 100 days, prompting laughter from bipartisan town hall audience.

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Judge blocks Trump move to fire 1,500 CFPB workers and orders officials to testify on possible injunction breach.

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White House will soften auto tariffs, blocking stacked steel and aluminum levies and offering partial reimbursements on parts.

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White House blasts Amazon for plan to show Trump tariff costs on product listings.

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Trump administration begins Peace Corps staff cuts under Musk-led Doge restructuring, offering buyouts ahead of agency overhaul.

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Labor unions, cities, and nonprofits sue Trump administration to block federal workforce cuts ordered without congressional approval.

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Jeffries and Booker stage 12-hour Capitol sit-in protesting GOP budget plan advancing Trump’s agenda.

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Trump floats idea of cutting income taxes for those earning under $200,000 to offset higher prices from his new tariffs.

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May Day coalition plans nationwide protests against Trump-Musk cuts, defending wages, unions, and public services.

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Trump administration cancels $400 million in AmeriCorps grants, cutting 41 percent of the agency’s 2025 budget.

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Trump rejects millionaire tax hikes, claiming rich would flee and tariffs could replace income tax.

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Trump administration pushes IMF and World Bank overhaul to scrap climate work, limit equity programs, and confront China.

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Twelve states sue Trump over new tariffs, calling them illegal and outside presidential authority.

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Trump meme coin jumps 58% after dinner offer to top holders triggers access-for-crypto backlash.

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Trump attacks Fed chair again for keeping rates high and hints he may call to demand cuts.

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Bessent calls U.S.-China trade war unsustainable, signals de-escalation as S&P 500 surges.

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Musk says he’ll reduce government work after Tesla profits plunge 71% and protests mount.

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Trump says he has ‘no intention’ of firing Fed Chair Powell despite his recent threats and demands.

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Feds threaten to cut NYC highway funds unless MTA halts congestion pricing, calling tolls illegal class warfare.

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White House Easter Egg Roll draws thousands as Trump solicits corporate sponsorship for first time in event’s history.

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After firing agency head, Trump’s Office of Special Counsel tells over 2,000 terminated federal workers they have no basis to appeal.

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Education Department to resume collections on 5 million defaulted student loans starting May 5.

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Trump calls Powell a ‘loser,’ demands immediate rate cuts as markets reel and team explores firing Fed chair.

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Trump’s inaugural committee raised a record $239 million as top donors scored appointments and access, with little requirement on how the money will be spent.

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DHL halts U.S. deliveries over $800 as Trump tariffs trigger customs delays and red tape.

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Trump says egg prices are “too low” and brags they’re down 87% despite recent data showing only modest drops.

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Trump replaces fourth IRS chief this year after Musk-backed pick sparks clash with Treasury secretary after two days.

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Trump administration moves to sell HUD headquarters as part of federal office downsizing.

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Trump reopens half million square miles of Pacific to commercial fishing

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Trump threatens to fire Fed Chair Jerome Powell over tariff remarks, despite job protections.

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Trump cuts nearly 90% of Consumer Financial Protection Bureau staff with one day’s notice, claims states will protect consumers.

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Trump administration halts offshore wind project set to help power NYC, defying permits and threatening climate and jobs goals.

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Trump admin proposes 30% cut to health budgets, slashing HIV prevention, mental health care, and chronic disease programs.

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California sues Trump over tariffs, saying president’s use of emergency powers threatens state economy and violates the law.

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Trump administration ends IRS free filing tool built after tax prep firms misled taxpayers into paying for free services.

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20,000 IRS employees express interest in deferred resignation with pay to September 30.

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Hunter Biden whistleblower set to become third IRS chief in 3 months after predecessor quits over ICE data deal.

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Hong Kong stops parcel shipments to U.S. after new 120% tariff ends tax-free exception under $800.

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Trump administration said it will levy 21% tariff on Mexican tomatoes starting in July.

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Sony raises PlayStation 5 prices in Europe and Australia, citing inflation and fallout from Trump tariffs.

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Commerce Department opens national security probe into pharma imports, setting up potential tariffs.

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Lutnick says tariff exemption for electronics will end within months as Trump targets semiconductors.

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HHS officials told Congress they don’t know how many workers were fired under Trump’s mass layoff plan.

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Trump budget would eliminate Head Start, ending preschool and child care for low-income families.

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Trump exempts phones, chips, and other tech products from new China tariffs.

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Social Security slashes regional staff and moves all public updates to Musk-owned X posts.

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Musk’s DOGE hijacks computerized federal grant system, blocking agencies from posting $500B in awards.

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Trump pushes Congress to make daylight saving time permanent, calling clock changes ‘inconvenient’ and ‘very costly’.

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Trump threatens tariffs over Mexico’s failure to deliver Rio Grande water under 1944 treaty, says it forced Texas crop losses

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At Cabinet meeting, Elon Musk lowers federal budget cut goal again, now projecting $150 billion in 2026 savings.

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GOP Rep. Marjorie Taylor Greene bought tanking stocks during Trump’s tariff chaos just before he told supporters to buy.

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U.S. deficit hits $1.3 trillion as record interest on national debt drives historic six-month shortfall.

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BREAKING: China strikes back overnight with 125% tariffs on U.S. goods starting Saturday.

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Trump signs order to revive U.S. shipbuilding and sends Musk’s DOGE to audit Navy delays.

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House GOP kills $5 overdraft cap, freeing banks to charge whatever they want if your account goes negative.

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Michigan Gov. Whitmer under fire after Trump used Oval Office visit to sign revenge orders and praise her.

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Schiff calls for insider trading probe after Trump posted “BUY!!! DJT” hours before tariff pause sparked stock surge.

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Trump pauses global tariffs after continued market panic, keeps China rate at 125%.

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Trump threatens drug tariff as trade rep brags about ‘running up the score’ on Australia.

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Trump signs orders to revive U.S. coal industry, mandate new plants, and reclassify coal as a critical mineral despite its role in climate change and extreme weather.

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Trump administration shuts down DOJ cryptocurrency fraud unit as part of push to deregulate digital assets and protect pro-crypto allies.

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Trump’s new import taxes took effect at midnight, hitting dozens of countries and threatening China with rates up to 104%.

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DOGE’s fraud crackdown and its untested software rollout have crippled the Social Security website, bringing it down multiple times.

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China vows to retaliate after Trump threatens new 50% tariff, pushing total duties to 104%.

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Ukraine to send team to DC for talks on U.S. mineral deal after leaked draft raises fears of U.S. control over key resources.

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Trump defends tariffs as markets plunge, saying ‘sometimes you have to take medicine’ as Asia begins down another 8% overnight.

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Trump golfs again Saturday as 10% universal tariffs take effect, calls for Americans to ‘hang tough’ in economic ‘revolution’.

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DOGE halts all IRS modernization, plans ‘mega API’ hackathon near tax deadline with Palantir as likely partner.

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House GOP leaders push Trump budget forward despite backlash from GOP fiscal hardliners over weak Senate cuts, setting stage for final bill vote soon.

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Jaguar Land Rover halts U.S. shipments as Trump’s 25% car tariff threatens UK auto industry.

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Trump administration ends disaster prep grant program for communities, cancels pending funds and past awards.

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IRS begins firing up to 20,000 employees, starting with civil rights office in broader push to cut 25% of agency.

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Trump extends TikTok sale deadline until June after China pulls deal over new tariffs.

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China slaps 34% tariff on all U.S. imports after Trump imposes same on Chinese goods.

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S&P drops 10% in two days after Trump’s tariffs, as he visits golf courses Thursday night and Friday, then tells investors on social media to ‘get rich

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IRS tells 7,000 reinstated employees to return by April 14, says they can keep outside jobs.

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Volkswagen announces it will itemize Trump’s 25% auto tariff on U.S. window stickers for imported cars.

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Judge says she’ll temporarily block Trump’s $11B public health cuts, with full injunction hearing still ahead.

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Markets suffer worst losses since early pandemic as Trump’s tariffs spark global sell-off; Asian markets and U.S. futures fall overnight.

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Trump slaps tariffs on uninhabited Antarctic islands managed by Australia that have no trade with the U.S.

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Trump reviews TikTok bids after Amazon makes last-minute pitch in scramble to meet Saturday divestment deadline.

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Zuckerberg visits White House for third time to lobby Trump ahead of antitrust trial that could force Meta to sell Instagram and WhatsApp.

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Four Republicans vote for Kaine-led Senate resolution to repeal Trump’s Canada tariffs, but GOP House likely to block it.

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Trump declares economic emergency and hits 60 countries with 10% tariffs, raises auto rate to 25%, and slaps China with a 54% penalty.

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Federal workers get second buyout offer as Musk-backed downsizing continues.

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White House begins cost analysis of acquiring Greenland as Trump signals renewed push to make island a U.S. territory.

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23 states sue Trump administration for cutting $11 billion in public health funding tied to COVID, mental health, and addiction.

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Trump says he’s “pissed off” at Putin and threatens tariffs over Putin questioning Zelensky’s legitimacy.

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Trump aide says tariffs beginning Wednesday will raise $6 trillion—about a quarter of the entire U.S. economy.

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Trump says he “couldn’t care less” if foreign automakers hike prices after permanent 25% tariffs.

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Federal judge temporarily blocks Trump from dismantling Consumer Financial Protection Bureau after firings and shutdown order.

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Trump tells automakers White House will “look unfavorably” on price hikes, even after imposing 25% tariff on all imported vehicles and parts.

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Rubio says he revoked Fulbright scholar Rumeysa Ozturk’s visa over pro-Palestinian activism, calls student protesters “lunatics” and confirms 300 visa cancellations.

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A federal judge extended the pause on Trump’s mass firing of probationary federal workers as states argue they face harm from sudden job losses.

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Social Security delayed new ID rules and exempted Medicare, disability, and SSI applicants, but will still require new retirement and survivor applicants to appear in person.

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Trump imposed 25% tariffs on imported cars and parts, threatening global supply chains and sparking backlash from allies.

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Trump-appointed housing chief Bill Pulte kills federal first-time buyer program, calling support for disadvantaged borrowers “inappropriate.”

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Trump-backed company launches new crypto dollar as his family prepares to collect 75% of profits from trading and investment fees.

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Trump threatens 25 percent tariff on countries buying Venezuelan oil, calling them terrorist supporters, while the U.S. continues to do so.

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WSJ: White House said to scale back April 2 tariff rollout, dropping industry-specific levies but keeping reciprocal tariffs on top trading partners.

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Top White House energy aide quits weeks after launching Trump’s Energy Dominance Council, leaving oil execs in charge as fuel policy hangs in the balance.

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Federal Reserve reports $77.6 billion loss for 2024, second year of operating deficits driven by high interest rates.

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Trump moves to fold USAID into the State Department—and quietly slip in blockchain tech, though staff haven’t said whether it’s for accounting or actually moving money.

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Fed Chair Powell says Trump’s tariffs driving price increases as rates hold steady

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Trump fires FTC’s only two Democrats, violating Supreme Court precedent, ex-commissioners say

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Trump admin proposal would force millions to file Social Security claims in person, creating hardship for elderly and disabled

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Trump to impose new tariffs April 2—both “reciprocal” and extra levies on autos, steel, and more.

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Treasury Sec. Bessent downplays $5T S&P 500 plunge over 3 weeks: “Corrections are healthy.”

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Representatives of Trump’s family discussed taking a financial stake in Binance US, while its founder sought a pardon from Trump.

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Canada and the EU retaliated against U.S. tariffs today, imposing levies on $48 billion in goods, including beef, alcohol, and textiles.

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The federal student loans website went offline midday Wednesday, later displaying a “Planned Maintenance” banner after hours of downtime.

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The White House insists Elon Musk’s plan to cut $600-$700 billion from Social Security will not affect benefits.

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The House passed a stopgap funding bill by 4 votes; Senate must pass it in 3 days, requiring support from 8 Dems.

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Trump’s 25% tariffs on steel and aluminum imports take effect, but he rescinds 50% Canadian threat.

Washington, DC lawmakers urged GOP leaders to reverse a spending bill that treats the city as a federal agency and arbitrarily slashes $1.1 billion from its services.

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The Dow plunged over 1,000 points, and Nasdaq had its worst day in years, which the White House Economic Council Director dismissed as “a blip.”

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Trump demurs, tells Fox that he hates to predict things when asked about recession.

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GOP Rep. Rich Hudson, head of House campaign committee, says voters “will reward” Republicans for cuts.

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Climate United Fund sues EPA to recover billions held by agency and Citibank.

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Social Security Administration to take back 100% of monthly checks from recipients who were overpaid, up from the current 10%.

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Trump shares article from Mar-a-Lago titled “Shut Up About Egg Prices.”

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House GOP unveils stopgap funding bill, Dems vow to block over deep cuts with shutdown deadline in 6 days.

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Trump signs order creating World Cup 2026 committee and appoints himself chair.

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EPA now requires spending over $50K to be approved by Elon Musk’s DOGE unit.

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Trump signs order to alter student loan forgiveness for public service workers.

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ProPublica expose: Housing & Urban Dev may trial cryptocurrency for grants & payments.

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DC, 19 state AGs sue Trump admin over mass firings, demanding reinstatement of workers.

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Trump proposes new tariffs against Canada, including a 250% tax on dairy.

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Treasury Sec Bennett: cheap goods are not “American Dream”, calls Trudeau numbskull

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Musk tells Wall St. he wants to privatize Amtrak and the US Postal Service.

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Ontario adding 25% charge on Monday for electricity bought by Americans in MI, MN, & NY.

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Second federal judge indefinitely blocks Trump admin’s freeze on federal grants and loans.

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Trump suspends 25% tariffs on Canada, Mexico until April, threatens broader global tariffs.

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Cong. Budget Office: GOP budget targets require Medicare or Medicaid cuts.

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Trump exempts 3 big automakers from Canadian, Mexican tariffs for 1 month.

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Leaked memo: Department of Veterans Affairs to fire 76K workers.

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Commerce to overhaul Internet For All, making Musk’s Starlink eligible.

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Census Bureau disbands unpaid advisory committees of economists, demographers, statisticians and advocacy leaders.

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One month after laying off 7,000, the IRS is planning to fire up to 45,000 more.

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During his formal address to Congress, Trump said Americans should be ready for “a little disturbance” from tariffs.

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Trump admin launches trade war with 25% tariffs on Mexico and Canada, doubles Chinese duties as US markets fall before launch.

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Speaker Mike Johnson calls to fund the government through Sept and include Musk’s efficiency cuts in the 2026 budget. Stopgap deadline: March 14.

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Treasury Secretary scraps enforcement of beneficial ownership rules, exempting U.S. companies from corporate transparency.

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Trump admin orders review to bypass endangered species and other environmental rules to boost logging on 280M acres amid timber tariffs.

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Trump announced a U.S. crypto reserve, sparking a rally for Bitcoin and others.

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Musk’s DOGE tries linking IRS tax data & federal benefits, despite data laws.

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The Social Security Administration plans to fire between 7,000 and 30,000 workers.

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Trump announced 25% tariffs on Mexican and Canadian goods starting Tuesday, along with an additional 10% on China, on top of last month’s hike.

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Trump orders a 30-day freeze on agency credit cards with few exceptions.

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House GOP passes $4.5 trillion in tax breaks, $2T in cuts. Senate next.

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Trump said planned tariffs against Canada and Mexico would proceed

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The Acting IRS Commissioner will resign tomorrow after just one month in office

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Trump admin claims $55B in cuts, but WSJ analysis puts savings at $2.6B

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Trump says he will tour Ft. Knox with Musk to ensure gold is there

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The Pentagon will slash 8% of the defense budget annually for 5 years, Hegseth vows to purge military leaders “any…involved in DEI woke shit has got to go”

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The IRS plans to fire 6,700 employees across all states on Thursday

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Trump ordered independent agencies: SEC, FTC, FCC, NLRB to submit to his control and accept binding DOJ guidance

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Dr Oz’s son-in-law is Trump’s pick to lead Export-Import Bank

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White House sets Tuesday deadline for job cuts of up to 200,000

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Trump plans auto tariffs by April

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Trump administration launched a tip line urging banks to report CFPB regulators still enforcing consumer protections

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Trump has authorized reciprocal tariffs on every country with tariffs on USS imports

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Almost all federal agencies must fire probationary employees, 200K affected

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US to purchase Tesla armored trucks for $400 million

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WH eyes 30%-40% Agency Employee Cuts, Exempts Homeland and Defense

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House GOP Slashes Medicaid by $880B, Eyes Food Aid Cuts, Approves $5.4 Trillion in Tax Cuts

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Trump directed AG Bondi to pause enforcement of the Foreign Corrupt Practices Act

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Musk announces he cut 90 contracts totaling $900 million at the Education Dept

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A federal judge says the Trump administration is defying his order to release billions of dollars in grants appropriated by Congress

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Trump said he will have Transportation Dept review NYC’s congestion lanes and remove bike lanes

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Consumer Financial Protection Board employees notified by email Sunday to work remotely because offices would close all week

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Trump ordered the Treasury Dept to stop minting the penny although that authority seems to be invested in Congress

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Donald Trump announced he would levy 25% tariffs on all steel and aluminium imports as early as Monday

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Federal Hwy Admin halts a program building fast EV chargers

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Trump signed an executive order creating a US sovereign wealth fund and told reporters it might purchase TikTok

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China announces 10%-15% tariffs on American vehicles and energy

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All Consumer Financial Protection Bureau activities halted

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Canadian and Mexican tariffs were paused for 30 days

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Trump threatened “something very powerful would happen” if Panama doesn’t give the US control of the Panama Canal

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Trump said that he would levy tariffs against European countries

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Donald Trump wrote that tariffs may bring “some pain”, but that it will be “worth it”

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Donald Trump fired the head of the Consumer Financial Protection Bureau

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Treasury Secretary gives Elon Musk’s team to the nation’s payment network

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Donald Trump added a 10% tariff on top of China’s existing tariffs

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Donald Trump announced an additional 10% tariff on energy imported from Canada

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Donald Trump announced a 25% surcharge on goods from Canada and Mexico.

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Trump plans auto tariffs by April, details unclear

The New York Times
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