Political developments with market and economic implications.
Coverage of political events, elections, legislation, and regulatory changes that influence markets and economic policy. Focuses on political risk, fiscal decisions, and policy uncertainty relevant to investors.
620 total articles
With a statewide special election looming, Virginia has become the focal point of a national battle over congressional maps. Former President Barack Obama has emerged as a prominent presence in advertising from both sides: he has publicly supported the referendum that would allow the state legislature to redraw districts, while Republicans are repu…
A three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit on Friday allowed construction to continue on a $400 million ballroom at the site of the White House's demolished East Wing, putting on hold a federal judge's order that had halted the project. The appeals court granted a temporary stay of the preliminary injuncti…
A federal judge in Rhode Island rebuffed the U.S. Department of Justice's effort to obtain non-public voter registration data for roughly 750,000 residents, ruling the department did not demonstrate legal authority under federal election statutes or the Civil Rights Act of 1960 to pursue the files. The decision follows similar defeats for the depar…
Two additional Democrats, former California attorney general Xavier Becerra and San Jose Mayor Matt Mahan, met the polling criteria to participate in next week’s gubernatorial debate after Congressman Eric Swalwell withdrew from the race. Nexstar Media Group’s commissioned Emerson College Polling places Becerra at 10% and Mahan at 5%, reshaping the…
Federal investigators are lining up roughly half a dozen interviews in a criminal inquiry tied to former CIA Director John Brennan's role in the 2017 intelligence assessment on Russian election interference. The probe, run out of the U.S. Attorney's Office in Miami and active for months, reportedly focuses on Brennan's 2023 congressional testimony …
A bipartisan group of U.S. senators wrote to Taiwan’s legislative leaders, saying pending U.S. weapons sales to the island are expected to be announced in the coming weeks and urging Taipei to speed up stalled defense expenditures as China increases pressure. The letter, sent April 14, outlines specific capability packages and comes ahead of a plan…
BCA Research cautions that current prediction markets may be underestimating the risk that an Iran-related energy shock could alter U.S. midterm prospects. The firm says delayed second-round effects on consumer prices and demand could worsen Republican chances and lift the odds of a Democratic Senate sweep, with investment implications favoring Tre…
Voters in a northern New Jersey district will decide a special election on April 16 to fill the U.S. House seat vacated by Mikie Sherrill. Democrat Analilia Mejia leads Republican Joe Hathaway in fundraising and is widely viewed as the favorite. A Mejia victory would reduce the Republican House majority and comes amid recent resignations, a new GOP…
Health Secretary Robert F. Kennedy Jr.'s written testimony for congressional hearings centers on nutrition, food safety and other administration priorities while leaving out previously prominent proposals on changing the vaccine schedule and investigating autism. The move comes as the White House, according to sources, has pushed officials to empha…
The U.S. Senate on April 15 defeated two resolutions aimed at stopping roughly $447 million in military equipment transfers to Israel, with Republican senators uniting behind President Donald Trump’s support for the ally. While the Democratic caucus largely supported the measures, the votes fell short in the chamber, underscoring persistent biparti…
The California Supreme Court has revoked the law license of conservative attorney John Eastman, agreeing with a state bar court that he violated professional ethics in his attempts to overturn the 2020 presidential election. The court did not immediately publish its written opinion. Eastman plans to appeal to the U.S. Supreme Court, and his disbarm…
U.S. President Donald Trump reposted an apparently AI-generated image on Truth Social showing him and a figure of Jesus with eyes closed and foreheads touching, following the deletion of an earlier post that prompted accusations he had likened himself to Christ. The move comes amid an escalating public dispute with Pope Leo over the pontiff's comme…
Eric Swalwell’s decision to leave the California governor’s race and resign from Congress after multiple allegations of sexual misconduct has narrowed a crowded June primary field. The development could concentrate Democratic support around a smaller set of contenders and alter the dynamics of the June 2 jungle primary, with implications for debate…
Erika Kirk, the widow of slain activist Charlie Kirk and CEO of Turning Point USA, withdrew on Tuesday from a Turning Point event featuring U.S. Vice President JD Vance after receiving threats against her life, Vance told students at the University of Georgia. Vance said he spoke with the Secret Service and was not worried about his own safety; he …
Democratic leaders in the U.S. Congress are preparing another war powers resolution aimed at curbing President Donald Trump’s military authority in Iran, with a Senate vote possible as soon as Wednesday and a House vote expected on Thursday. Democrats say they will continue filing and bringing up such measures weekly while the conflict, which began…
President Donald Trump called on Republican members of Congress to unite behind a clean extension of Section 702 of the Foreign Intelligence Surveillance Act, warning the authorization is critical to U.S. military operations and is scheduled to lapse on April 20. Trump said he is coordinating with key House leaders to move the measure through the H…
Kevin Warsh, President Trump's nominee to head the Federal Reserve, reported personal assets valued between $131 million and $209 million in a filing with the U.S. Office of Government Ethics. The disclosure details large investments he has pledged to divest, consulting income, and liabilities, while raising political and procedural questions ahead…
The SAVE America Act is facing an uphill battle in Congress, but a Reuters analysis finds that 23 mostly Republican-led states have enacted or adopted measures that echo central provisions of the bill ahead of November's midterms. Changes include new proof-of-citizenship requirements for voter registration, tightened photo ID rules at polling place…
US Treasury Secretary Scott Bessent said the Federal Reserve should delay lowering interest rates while the conflict in Iran remains unresolved, praising the central bank for monitoring developments. He argued that recent price increases driven by higher oil and gas costs are unlikely to become entrenched in consumer expectations, while noting the …
Dozens of people were taken into custody during a New York City protest against U.S. arms sales to Israel and broader U.S. military backing. Demonstrators gathered near the Manhattan offices of two U.S. senators, voiced opposition to recent U.S.-Israeli strikes on Iran and Israeli actions in Gaza and Lebanon, and included members of Jewish Voice fo…
A growing contingent of House Democrats urged Representative Eric Swalwell to step down from Congress on Monday as the House Ethics Committee opened an investigation into his conduct. Swalwell suspended his campaign for California governor and apologized for "mistakes in judgment" while denying allegations he called "serious but false." The controv…
President Donald Trump staged a White House delivery of McDonald’s on Monday to highlight reductions in taxes on tips, meeting a DoorDash driver who said she benefited from the change. The event came as higher fuel costs and geopolitical tensions have complicated efforts to sell a broader Republican tax-cut package ahead of the midterm elections.
President Donald Trump posted an AI-generated image on Truth Social portraying himself in a Jesus-like role, prompting criticism from religious conservatives and prompting questions about his relationship with faith-based supporters. The post, published amid an intensifying dispute with Pope Leo over the U.S.-Israeli war against Iran, was deleted t…
The Manhattan district attorney's office has opened an investigation into sexual assault claims against U.S. Representative Eric Swalwell. A woman who once worked in his district office told media outlets she experienced two nonconsensual encounters with Swalwell, in 2019 and 2024, and said she was too intoxicated to consent on both occasions. Swal…
Hungarian Prime Minister Viktor Orban lost power after 16 years as center-right pro-EU rival Peter Magyar won a high-turnout election. U.S. lawmakers on both sides of the aisle congratulated Magyar, while prominent Democrats framed the result as a warning to U.S. political figures allied with Orban and some of President Donald Trump's supporters ex…
