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Don't let them overwhelm you

Economy

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.

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

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

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

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.

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

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

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

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

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

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

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

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

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

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

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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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