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.
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.
U.S. economy shrank 0.5% in Trump’s first months, worse than initial estimates, as tariff fears drove massive import surge.
IRS watchdog warns taxpayers will face delays and poor service after Trump cuts 26% of workforce, potentially reducing revenue collection by $159 billion.
Senate parliamentarian blocks $250 billion in Medicaid cuts from Trump’s signature bill, jeopardizing July 4th deadline and tax cut funding.
RFK Jr. and Oklahoma governor announce SNAP waiver to ban soda, candy, and baked goods purchases for poor families at health event.
Trump Mobile scrubs ‘made in USA’ claim from T1 phone listing, fueling doubts the Trump-branded handset will actually be American-built.
Federal judge calls Trump’s $200 financial reporting rule “arbitrary and capricious,” blocking it for El Paso money service businesses facing closure.
Trump considers naming Fed chair replacement by September to undermine Powell’s final year over slow pace of rate cuts.
Trump threatens to double Spain’s trade costs after country refuses to meet NATO’s new 5% defense spending target.
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.
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.
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.
Senate parliamentarian blocks Trump’s plan to zero out CFPB funding and slash financial oversight agencies after Democrats challenge megabill provisions.
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.
Supreme Court declines to fast-track challenge to Trump’s emergency tariffs, keeping congressional bypass in place while toy companies report rising prices.
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.
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.
Federal Reserve keeps rates steady despite Trump calling Powell “stupid” and demanding cuts to reduce government’s $1.2 trillion annual debt interest costs.
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.
Retail sales plunge 0.9% in May as consumers pull back after March tariff-driven buying spree, exceeding economists’ worst expectations.
New CBO analysis finds Trump tax cuts would increase deficits by $2.8 trillion over decade, contradicting Republican claims they would pay for themselves.
ICE awards no-bid detention contracts worth hundreds of millions to private prison firms citing “compelling urgency” as stocks surge for Trump-connected companies.
GAO finds Trump administration’s second violation of federal spending law after cutting library and museum funding by more than half despite congressional approval.
Senate Republicans from both wings reject Finance Committee’s Medicaid cuts hours after rollout, threatening Trump’s July 4th deadline for “big, beautiful bill.”
Trump signs order cutting UK car tariffs to 10% but excludes steel tariff removal despite being major component of original deal.
Trump’s financial disclosure reveals over $600 million in 2024 income from crypto and business ventures that could benefit from his presidential policies.
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.
Trump vows to protect migrant farm and hotel workers from deportation after businesses complain mass deportation policy is taking away essential employees.
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.
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.
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.
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.
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.
Trump claims China trade framework is “done” while keeping 55% tariffs, but deal still requires approval from both him and Xi Jinping.
Trump announces plan to eliminate FEMA after hurricane season while immediately cutting disaster payments and forcing states to handle emergencies with less federal funding.
Consumer bureau enforcement chief quits with scathing email after Trump appointee Vought abandons bank lawsuits and terminates customer refund settlements.
Federal appeals court allows Trump to keep tariffs in place through July 31 despite lower court ruling that the levies are illegal.
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%.
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.
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.
Newsom threatens to cut off California’s $80 billion federal tax surplus after Trump threatens university funding cuts.
Trump threatens Musk will face “serious consequences” if he funds Democrats while considering canceling government contracts and refusing to repair relationship.
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.
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.
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%.
House passes GOP bill to force Small Business Administration offices out of “sanctuary cities”; Senate prospects uncertain as Democrats call it political retaliation.
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.
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.
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.
