PA Gov. Shapiro sues USDA over cancellation of food program that paid 180 state farms $13 million to provide fresh produce to food banks.
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.
Trump’s government hiring freeze forces Labor Department to reduce inflation data collection as economists warn the cuts could make inflation measurements less accurate.
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.
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.
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.
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.
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.
Musk calls Trump’s agenda bill a “disgusting abomination” days after leaving his government role, surprising officials who expected private disagreement to remain quiet.
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.”
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.
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.
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.
EU threatens automatic countermeasures by July 14 after Trump doubles steel tariffs to 50% during Friday rally at U.S. Steel plant.
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.”
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.
Trump accuses China of violating preliminary trade deal that paused retaliatory tariffs, saying “so much for being Mr. Nice Guy,” and threatening retaliation.
Fed Chair Powell meets with Trump at White House and reinforces central bank independence as president privately pressured him to cut interest rates.
Federal appeals court restores Trump’s tariff authority hours after lower court blocked his emergency powers, creating legal chaos around his core economic policy.
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.
Defense Secretary Pete Hegseth restricted Pentagon IT consulting contracts, requiring proof that work cannot be done in-house before hiring outside firms.
Trump administration canceled $766 million Moderna contract for H5N1 bird flu vaccine as company reported positive trial results.
Elon Musk left his top White House role after clashing over Trump’s spending bill and facing backlash for slashing government agencies.
Trump lashed out at a reporter who asked about Wall Street’s “TACO trade” nickname mocking his repeated tariff reversals.
Housing finance chief William Pulte publicly pressures Fed Chair Powell to cut interest rates despite inflation concerns.
Trump allows Nippon Steel to invest in U.S. Steel with American CEO and government veto over key decisions.
Volvo Cars cuts 3,000 jobs amid Trump’s threatened 50% EU tariffs and broader automotive industry struggles with electric vehicle transition costs.
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.”
Embattled Fed Chair Powell defends pandemic response and praises government workers at Princeton after Trump calls him “fool” and potential successor circles.
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.”
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.
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.
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.
Veterans Affairs requires two Trump DOGE representatives to approve all IT, professional services and new contracts worth $10 million or more.
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.
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.”
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.
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.
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.
Senate GOP establish new precedent to bypass filibuster rules and block CA clean air standards with simple majority vote.
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.
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.
Trump IRS nominee Billy Long grilled by Senate Democrats over nonexistent ‘tribal tax credits’ after committee reveals recording of promised favorable treatment.
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.
Senate unexpectedly passes “No Tax on Tips” bill through unanimous consent, sending legislation to House for consideration.
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.
Commerce Secretary Howard Lutnick transfers Cantor Fitzgerald ownership to his children’s trusts while selling $361 million in affiliated shares.
Transportation Secretary Sean Duffy sold stocks in 34 companies days before Trump’s tariff announcement caused markets to plunge.
