Breaking News: Politics
Democrats lay out demands in prickly DHS funding fight as Republicans balk
U.S. Senate Minority Leader Chuck Schumer (D-N.Y.) holds a press conference following the Democratic weekly policy lunch on Capitol Hill in Washington, D.C., U.S., Feb. 3, 2026. Annabelle Gordon | Reuters House and Senate Democrats on Wednesday laid out their demands for immigration enforcement reform as Congress races to avoid a shutdown at the Department […]
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Oil prices jump after Trump says Iran supreme leader ‘should be very worried’
Tankers docked at the Phillips 66 Freeport Terminal in Freeport, Texas, US, on Friday, Jan. 16, 2026. Mark Felix | Bloomberg | Getty Images Oil prices rose Wednesday after President Donald Trump said Iran’s Supreme Leader Ayatollah Ali Khamenei “should be very worried.” U.S. crude oil rose $1.82, or 2.88%, to $65.08 a barrel by […]
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Supreme Court allows new California congressional districts that favor Democrats
California Governor Gavin Newsom, along with local congressional representatives, state officials and supporters, speaks as he announces the redrawing of California’s congressional maps, calling on voters to approve a ballot measure, in response to a similar move in Texas being supported by U.S. President Donald Trump, in Los Angeles, California, U.S., August 14, 2025. Mike […]
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Senate Banking Chair Tim Scott believes Fed Chair Powell committed no crime in testimony
Senator Tim Scott, a Republican from South Carolina and chairman of Senate Banking, Housing, and Urban Affairs Committee, during a confirmation hearing in Washington, DC, US, on Thursday, Oct. 30, 2025. Eric Lee | Bloomberg | Getty Images Sen. Tim Scott, R-S.C., said Wednesday he does not think Federal Reserve Chairman Jerome Powell committed any […]
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U.S. plans critical mineral price floors with Mexico, EU and Japan
The United States is developing plans with Mexico, the European Union and Japan to implement minimum prices for critical minerals, the U.S. trade representative said Wednesday. The Trump administration is exploring a partnership with Mexico on critical minerals as part of a scheduled review of the United States-Mexico-Canada trade agreement, or USMCA, by July 1. […]
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Treasury’s Bessent is called Trump ‘flunky’ by Democrat at House oversight hearing
Treasury Secretary Scott Bessent sparred with Democratic members of the House Financial Services Committee on Wednesday, with one calling him a “flunky” for failing to criticize investment from United Arab Emirates officials in the Trump family’s cryptocurrency venture. Rep. Gregory Meeks, D-N.Y., probed Bessent on alleged conflicts of interest and lack of transparency related to […]
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Trump admin to withdraw 700 federal officers from Minnesota: Homan
Border czar Tom Homan speaks during a news conference about ongoing immigration enforcement operations on January 29, 2026 in Minneapolis, Minnesota. Scott Olson | Getty Images The Trump administration will draw down 700 federal law enforcement officers from Minnesota on Wednesday, border czar Tom Homan said. Homan, at a press conference in Minneapolis, announced the […]
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Fed pick: Tillis doubles down on Warsh blockade over concerns about Fed independence
U.S. Sen. Thom Tillis (R-NC) speaks to reporters as he arrives to a Senate Republican meeting at the U.S. Capitol on January 30, 2026 in Washington, DC. Kevin Dietsch | Getty Images Sen. Thom Tillis on Wednesday recommitted to his blockade of Kevin Warsh’s nomination to lead the Federal Reserve until the Department of Justice […]
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Trump says India won’t buy Russian oil anymore. Moscow insists India hasn’t said that
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi sit in a car during a welcoming ceremony at the Palam Air Base in New Delhi, India December 4, 2025. Grigory Sysoev | Via Reuters A day after President Donald Trump said India agreed to halt purchases of Russian oil as part of a new […]
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Venezuela tells China oil prices won’t be set by the U.S., seeks to reassure investment after Maduro capture
Venezuela has assured Beijing that its oil pricing will not be dictated by the U.S. and that Chinese investment in the South American country remains secure, according to state media. Speaking at a press briefing Tuesday, Remigio Ceballos, Venezuelan ambassador to China, dismissed reports that Washington would influence the price China pays for Venezuelan crude, […]
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