Donald J. Trump
Trump’s ‘big beautiful bill’ slashes CFPB funding: What it means for you
Key Points President Trump signed a so-called big beautiful bill on July 4 that nearly halves annual funding for the Consumer Financial Protection Bureau. CFPB funding would fall to 6.5% of the annual operating expenses of the Federal Reserve, down from 12%. That’s the lowest share in agency history. Consumer advocates say the funding will […]
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Trump signals more tariff letters coming Wednesday
President Donald Trump, accompanied by U.S. Secretary of State Marco Rubio (L) and U.S. Defense Secretary Pete Hegseth (R), discusses his decorating of the Cabinet Room during a cabinet meeting at the White House on July 08, 2025 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump signaled he would send more letters […]
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Trump’s tariffs on cars, copper, drugs, aluminum could hit harder than other levies
U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | Reuters As President Donald Trump’s tariffs against more than a dozen countries spark fresh concerns about looming country-specific trade measures, often overlooked are the levies on specific products and commodities that […]
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Trump ‘not happy with Putin,’ accuses Russian leader of throwing ‘bulls—‘
U.S. President Donald Trump speaks during a cabinet meeting at the White House in Washington, D.C., U.S., July 8, 2025. Kevin Lamarque | Reuters President Donald Trump said Tuesday that he was “not happy” with Vladimir Putin over the ongoing war on Ukraine, and accused the Russian leader of throwing ‘bulls—‘ at the United States […]
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Elon Musk lashes out at Tesla bull Dan Ives over board proposals: ‘Shut up’
FILE PHOTO: Elon Musk, chief executive officer of SpaceX and Tesla, attending the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. Gonzalo Fuentes | Reuters Tesla CEO Elon Musk told Wedbush Securities’ Dan Ives to “Shut up” on Tuesday after the analyst […]
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Trump threatens to impose up to 200% tariff on pharmaceuticals ‘very soon’
U.S. President Donald Trump speaks next to Defense Secretary Pete Hegseth during a cabinet meeting at the White House in Washington, D.C., U.S., July 8, 2025. Kevin Lamarque | Reuters President Donald Trump on Tuesday threatened to impose up to 200% tariffs on pharmaceuticals imported into the U.S. “very soon.” “They’re going to be tariffs […]
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White House: Odds of tariff-related inflation are low, like ‘pandemics or meteors’
A top White House economic advisor on Tuesday likened the odds that President Donald Trump’s tariffs will lead to higher prices to those of a meteorite striking earth. “Rare events happen. We get pandemics or, or meteors or whatever,” said Stephen Miran, chairman of Trump’s Council of Economic Advisers, on CNBC’s “Squawk Box.” But “there’s […]
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IRS says churches can endorse political candidates without losing tax-exempt status
A view of the Internal Revenue Service (IRS) building in Washington, D.C., U.S., April 11, 2025. Jonathan Ernst | Reuters The IRS said in a new federal court filing that churches can endorse political candidates to their congregations without risking the loss of their tax-exempt status. The move upends a 70-year-old interpretation of the U.S. […]
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Trump says U.S. will send more weapons to Ukraine
U.S. President Donald Trump holds a law enforcement event in the Oval Office of the White House in Washington, D.C., May 19, 2025. Kevin Lamarque | Reuters U.S. President Donald Trump said on Monday the United States would be sending more weapons to Ukraine to help the war-torn country defend itself against Russian attacks. Speaking to reporters at the White House, Trump said Ukraine was getting hit […]
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Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments
Almost 600 people have signed an open letter to leaders at venture firm Sequoia Capital after one of its partners, Shaun Maguire, posted what the group described as a “deliberate, inflammatory attack” against the Muslim Democratic mayoral candidate in New York City. Maguire, a vocal supporter of President Donald Trump, posted on X over the […]
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