White House agrees to pay French energy giant TotalEnergies $1 billion to abandon its East Coast wind farm leases and reinvest in U.S. oil and gas production.
Trump extends Iran strike deadline five days and claims a deal is close, but every senior Iranian official denies any negotiations are underway.
Trump threatens to replace TSA with ICE agents at airports as DHS shutdown enters its sixth week with 366 screeners quitting since February 14.
Trump gives Iran 48 hours to reopen the Strait of Hormuz, threatening to “obliterate” its power plants as missiles injure dozens near site believed to house Israel’s nuclear weapons.
Trump calls NATO allies “cowards” for not reopening the Strait of Hormuz, one day after seven nations offered to help do exactly that.
Cuba refuses to let the U.S. Embassy import diesel for its generators, calling the request “shameless” while the administration blockades the island’s fuel supply.
Trump says he is considering “winding down” the Iran war after oil tops $112 and the S&P 500 closes its fourth straight losing week.
Treasury takes over $1.7 trillion federal student loan portfolio as Education Department dismantlement continues, with the agency already down half its workforce.
Iran bombs Saudi, Qatari, and Kuwaiti energy facilities after Israeli strike on the world’s largest gas field, with oil prices up 60% since the war began.
Pentagon asks the White House to approve a $200 billion war funding request for Congress after spending $11.3 billion in the first six days of the Iran conflict.
Trump waives the 106-year-old Jones Act and eases Venezuela oil sanctions on the same day as the administration scrambles to contain a 27% gas price surge three weeks into the Iran war.
Fed holds rates steady for the second straight meeting as Powell says the war’s economic impact is “too soon to know,” while signaling he will stay on the board until the DOJ investigation against him is resolved.
National debt passes $39 trillion three weeks into the Iran war, after jumping $2 trillion in seven months while the White House estimates the war has already cost more than $12 billion.
Iran attacks gas facilities across Qatar, UAE, and Saudi Arabia after Israel hits the world’s largest gas field, pushing oil above $110 as both sides turn energy infrastructure into a weapon on day 20.
Amazon plans to slash Postal Service deliveries by two-thirds this fall as agency warns it will run out of cash within a year.
New York’s MTA sues Trump administration for withholding $60 million in Second Avenue subway funding after Hochul warns “enough is enough.”
Postmaster General tells Congress the Postal Service will run out of cash in 12 months without action, as Trump pushes to privatize the agency.
Trump says he will act “very soon” on Cuba as Rubio calls for “new people in charge” while island reels from total grid collapse.
SEC’s top enforcement official resigns after six months as the agency dismisses crypto cases, slows investigations and loses staff under Trump.
Cuba’s entire electric grid collapses under U.S. oil blockade, leaving the island’s 9.6 million residents without power as Trump vows to “take” the country.
Trump says Cuba “wants to make a deal” and signals action after Iran, one week after suggesting the island could face a “takeover.”
Trump threatens to delay Beijing summit unless China helps reopen the Strait of Hormuz, but data shows China holds 1.2 billion barrels in reserve and gets less than half its oil through the strait.
Energy Secretary Wright invokes Defense Production Act to restart a California offshore oil pipeline shut down after a 2015 spill that sent more than 100,000 gallons of crude oil onto the coast.
Cuba confirms talks with U.S. as the island faces economic collapse after Trump cut off Venezuelan oil supplies and threatened a “friendly takeover.”
TikTok investors paying Treasury $10B for Trump’s role in keeping the app alive, a nearly unprecedented fee for a government arranging a private transaction.
Trump’s seized oil tankers are costing millions as one ship runs up $47M in maintenance on a $10M vessel, undercutting claims of a financial windfall.
More than 30 state attorneys general resume Live Nation antitrust trial Monday after rejecting DOJ’s settlement, as judge allows employee “gouge” chats as evidence.
Rhode Island’s Revolution Wind starts powering 350,000 homes and businesses after suing to overturn Trump’s suspension of five offshore wind leases.
Trump signs executive orders directing agencies to review housing and mortgage regulations, offering no new funding or specific policy changes ahead of midterm elections.
Federal judge quashes DOJ subpoenas of Fed Chair Powell, finding the investigation’s primary purpose is to pressure him into lowering interest rates or resigning.
Treasury temporarily lifts sanctions on 124 million barrels of Russian oil stranded at sea as the Iran war pushes crude back above $100.
Trump administration sues California to block its 2035 zero-emission vehicle mandate as gas prices spike nationwide from the Iran war.
Iran’s supreme leader, confirmed injured in the war’s opening attacks and speaking publicly for the first time, calls for closing the Strait of Hormuz.
Costco member sues for tariff refunds on behalf of all customers in one of at least five class actions demanding companies share the estimated $170 billion in repayments.
Oil surges past $100 a barrel despite the largest emergency reserve release in IEA history, as traders say 400 million barrels covers only a quarter of the supply gap.
Pentagon tells Congress the Iran war cost $11.3 billion in its first 6 days as Trump declares “we’ve won” on day 13.
IEA proposes largest emergency oil release in its history to counter Iran war price spike as G7 backs the plan, but crude prices keep climbing.
Energy Secretary Wright falsely posts that the Navy escorted a tanker through the Strait of Hormuz, then deletes it after the White House confirms no escorts have occurred.
Iran declares Middle East banks military targets and vows to block all oil exports as Pentagon reveals 140 U.S. service members wounded in 12-day war.
Trump tells GOP lawmakers the Iran war will be a “short-term excursion,” then hours later threatens to hit Iran twenty times harder if oil stops flowing through Strait of Hormuz.
Oil tops $100 for first time since 2022 after Iraq production collapses 70% and Gulf states run out of storage, while Trump calls the surge “a very small price to pay.”
CBP tells judge it cannot comply with order to begin $166 billion in illegal tariff refunds to 330,000 importers, asks for 45 days to build a system.
U.S. economy sheds 92,000 jobs in February, partly driven by a Kaiser Permanente strike, as federal workforce losses hit 330,000 since October 2024.
Treasury issues license allowing sale of Venezuelan gold to the U.S. one day after Burgum wraps mining tour with dozens of American executives in Caracas.
White House official says shedding federal workers remains “priority number one” after cutting 300,000, calls converting civil servants to at-will employees “a real empowerment.”
UAE weighs freezing billions in Iranian assets and seizing shadow fleet tankers, targeting the Revolutionary Guard’s financial network that routes billions in illicit oil revenue through Dubai.
Twenty-four state attorneys general file first legal challenge to Trump’s new 10% global tariffs, arguing he is sidestepping the Supreme Court’s rejection of his earlier tariffs.
Postmaster General warns USPS will run out of cash in 12 months, hires restructuring advisers and says there may be no Valentine’s Day cards delivered in 2027.
Trump tells Politico “Cuba’s going to fall, too” after cutting off Venezuelan oil supplies, says Cuban leaders are trying to make a deal.
U.S. and Venezuela reestablish diplomatic relations two months after American forces captured Maduro, as Trump praises interim president Rodriguez and says “the oil is beginning to flow.”
