Breaking News: Politics
Trump says any country doing business with Iran will face 25% U.S. tariff
U.S. President Donald Trump takes questions from reporters, as he attends a meeting with oil industry executives, at the White House in Washington, D.C., U.S., Jan. 9, 2026. Kevin Lamarque | Reuters President Donald Trump on Monday said any country doing business with Iran will face a 25% tariff “on any and all business being […]
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Elizabeth Warren fears workers will ‘lose big’ with 401(k) crypto, presses SEC chair Atkins for answers
Senator Elizabeth Warren has written directly to Securities and Exchange Commission Chair Paul Atkins asking him to explain how the SEC plans to serve its mission of investor protection as it seeks to support President Trump’s order to make cryptocurrency investments available in retirement plans. President Trump signed an executive order in August clearing a […]
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Powell investigation: Drumbeat of Republican opposition grows on Capitol Hill
U.S. Senator Lisa Murkowski (R-AK) walks after the Senate passes U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Elizabeth Frantz | Reuters Republican protests are growing louder on Capitol Hill as the Trump administration’s Department of Justice pursues a criminal investigation into Federal Reserve […]
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Sen. Kelly sues DOD Sec. Hegseth, says he was punished for ‘disfavored political speech’
Sen. Mark Kelly on Monday sued the Pentagon and Secretary of Defense Pete Hegseth, alleging the Trump administration’s efforts to punish the Arizona Democrat for his participation in a video to U.S. troops violate the Constitution. The federal civil lawsuit in U.S. District Court in Washington was filed one week after Hegseth said his department […]
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‘Sell America’ trade: Dollar drops, gold surges as Trump’s Fed pressure campaign raises fears about U.S. system
Precious metals are jumping to records. The U.S dollar is dropping. Stocks are choppy. Monday is all about the “Sell America” trade after Federal Reserve Chair Jerome Powell’s bombshell announcement that he’s under criminal investigation — which market participants see as a sign of President Donald Trump’s interest in stripping away the central bank’s political […]
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Cuba’s president says no current talks with the U.S. following Trump’s threats
Cuban President Miguel Diaz-Canel and U.S. President Donald Trump. Sergey Bobylev | Nathan Howard | Reuters Cuban President Miguel Díaz-Canel said Monday that his administration is not in talks with the U.S. government, a day after President Donald Trump threatened the Caribbean island in the wake of the U.S. attack on Venezuela. Díaz-Canel posted a […]
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Republican Sen. Thom Tillis vows to block Trump’s Fed nominees following Powell probe
Key Points Sen. Thom Tillis, R-N.C., said he will block any Trump Fed nominees, including for chair, in light of revelations that the Justice Department is investigating Jerome Powell for potential perjury charges. That position substantially complicates the road to replacing Powell, whose term as chair expires in May. While Powell’s term as chair ends […]
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Yellen says Powell probe ‘extremely chilling’ for Fed independence, market should be concerned
Treasury Secretary Janet Yellen speaks with CNBC from the New York Federal Reserve on Sept. 26th, 2024. David A. Grogan | CNBC Former Federal Reserve Chair Janet Yellen on Monday condemned an investigation into her successor, Jerome Powell, saying it compromises the central bank’s independence. Yellen, who served as Treasury secretary after leaving the Fed, […]
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Why most Greenlanders favor a future without Trump — or Denmark
A snow-cleared asphalt road outside Sisimiut, Greenland, on Monday, March 31, 2025. Bloomberg | Bloomberg | Getty Images Greenland has been thrust into a geopolitical firestorm as U.S. President Donald Trump ramps up his threats to annex the self-governing Danish territory. But, while Trump says the U.S. needs the huge Arctic island for its national […]
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World’s most vital oil chokepoint back in focus amid possible U.S. action against Iran
The Strait of Hormuz is once again back in focus as a possible U.S. intervention in Iran raises the risk of Tehran disrupting one of the world’s most critical energy chokepoints. U.S. President Donald Trump is considering a range of options against Iran, according to multiple media reports on Sunday, as it cracks down on […]
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