donald trump
Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
WASHINGTON | The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation, a move that could spur a sharp response from the White House. The quarter-point increase lifts the Fed’s key rate to about 3.9% and, over time, could result in higher borrowing […]
EU chief Ursula von der Leyen says she wants Canada to become the bloc’s 1st associate member
STRASBOURG, France | European Commission President Ursula von der Leyen on Wednesday proposed making Canada the European Union’s first associate member, a striking overture as U.S. President Donald Trump’s threats drive Ottawa closer to Europe. Trump’s tariffs and repeated talk of making Canada the 51st state have soured the relationship between the North American neighbors. […]
Dr. Nicole Saphier, Trump’s 3rd surgeon general pick, faces Senate grilling
WASHINGTON | Dr. Nicole Saphier, President Donald Trump’s third nominee to serve as surgeon general, will face lawmakers at her confirmation hearing Wednesday in the latest attempt to fill the post known as the nation’s doctor. Saphier, a radiologist and former Fox News Channel contributor, is Trump’s newest pick after entrepreneur and wellness influencer Dr. […]
Senate blocks cryptocurrency regulation as Democrats push back on Trump investments
WASHINGTON | Senate Democrats on Tuesday blocked legislation to create a new regulatory framework for cryptocurrency, stalling an industry-backed effort to place new guardrails around digital assets after demanding more limits on President Donald Trump’s investments. The 49-50 vote on whether to move forward with the legislation was a pivotal election-year test for the $2.3 […]
Kennedy Center will close for renovations after judge blocks returning Trump’s name to building
WASHINGTON | The Trump-aligned Kennedy Center board voted Tuesday to close most of the iconic performing arts venue just hours after a federal judge blocked the institution from returning President Donald Trump’s name to the building. In a social media post, Trump said the closure was needed for safety repairs. But he said the repairs, […]
Trump’s push to restrict mail ballots has failed. Other efforts to reshape the midterms are ongoing
NEW YORK | The Supreme Court this week closed the chapter on one of President Donald Trump’s boldest efforts to reshape November’s elections — a plan that would have demanded a dramatic overhaul of the nation’s mail voting processes on what most election officials agreed was an impossibly short timeline. But the case was just […]
Ex-CIA Director John Brennan issued subpoena in Trump “grand conspiracy” investigation, lawyer says
WASHINGTON | Former CIA Director John Brennan has been subpoenaed to testify before a Florida grand jury in a Justice Department investigation into whether former law enforcement and intelligence officials conspired against President Donald Trump, and is the target of a separate inquiry into whether he made false statements before Congress, one of his lawyers […]
Trump slams the Supreme Court for rejecting his push to restrict mail ballots
WASHINGTON | President Donald Trump on Tuesday went after the Supreme Court after it rejected his push to restrict mail-in voting in this year’s midterms, saying justices who opposed him were “not the people I interviewed.” His social media missive was just the latest in a long history of Trump assailing justices, particularly those he […]
Federal Reserve is expected to raise its benchmark rate, defying Trump’s demands
WASHINGTON | The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump’s support for a cut. A quarter-point increase in the Fed’s rate, currently about 3.6%, […]
Supreme Court rejects Trump’s plan to limit mail ballots
Even with voting already underway, uncertainty about what might come next had been hovering over preparations for this year’s midterm elections. The U.S. Supreme Court lifted much of that uncertainty late Monday when it rejected President Donald Trump’s push to have the U.S. Postal Service play a central role in deciding who would be able […]