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.
801 total articles
The Senate Banking Committee will convene an executive session on May 14 to consider the Clarity Act, legislation intended to draw clearer regulatory lines for crypto tokens and resolve a contested provision on rewards tied to dollar-backed stablecoins. The bill aims to specify when tokens are securities, commodities or otherwise and includes a com…
In a loud, crowded college auditorium, New York City’s Rent Guidelines Board provisionally set ranges that keep a rent freeze on the table for roughly one million regulated apartments. The board voted 7-1, with one abstention, to recommend 0-2% increases for one-year leases and 0-4% for two-year leases ahead of a final vote on June 25. Tenants and …
Anti-abortion leaders are meeting with White House officials as elements of the movement express mounting impatience that the administration has not pursued more forceful federal measures to restrict abortion access, particularly around the abortion pill mifepristone and online distribution. Tensions have risen despite credit given to the president…
President Donald Trump and Defense Secretary Pete Hegseth released dozens of previously classified documents and images related to alleged unidentified anomalous phenomena, saying the move offers 'unprecedented transparency.' The Defense Department said roughly 170 files were posted, including a photo from the Apollo 12 mission and a transcript fro…
The Virginia Supreme Court nullified a newly adopted congressional map that Democrats had approved in an April referendum, siding with Republican challengers who argued the legislature bypassed required procedures. The ruling removes a plan designed to flip four Republican-held U.S. House seats to Democrats and arrives amid a broader, intensifying …
A federal judge concluded that the termination of more than 1,400 humanities grants in April last year by the Trump administration’s Department of Government Efficiency (DOGE) violated the U.S. Constitution and reflected blatant discrimination. The court found DOGE acted without legal authority, targeted grants involving race, religion, sex, sexual…
A 55-year-old man pleaded guilty to assaulting Representative Ilhan Omar during a January Minneapolis town hall, admitting he planned the attack and disagreed with her political views, the U.S. Justice Department said. The defendant sprayed Omar with a liquid later confirmed as acetic acid; she was not injured and the event was briefly disrupted be…
U.S. President Donald Trump made an unannounced site visit to the Lincoln Memorial reflecting pool to review active renovation work. He praised the work, described plans to change the pool's surface and color, and framed the effort as a quick, cost-effective alternative to a larger federal proposal. The visit took place under heightened security fo…
Tennessee Republicans approved a congressional redistricting plan that breaks apart a majority-Black U.S. House district centered on Memphis, dividing Shelby County into three Republican-leaning districts. The change, passed amid loud protests and fierce objections from Democrats, could unseat Democratic Representative Steve Cohen and is part of a …
A political action committee tied to U.S. Health Secretary Robert F. Kennedy Jr.'s Make America Healthy Again movement reported nearly $117,000 in expenditures between May 2 and May 5 aimed at opposing Republican Senator Bill Cassidy of Louisiana and supporting Representative Julia Letlow. The recent outlays are part of a multi-month push that has …
A three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit appeared skeptical on Thursday that the Trump administration can lawfully punish Senator Mark Kelly for public comments urging service members to refuse illegal orders. The legal dispute centers on whether retired officers retain speech protections and how the mil…
A wave of Democratic primary challengers are making opposition to the American Israel Public Affairs Committee a central campaign issue, targeting incumbents who have accepted support from the influential pro-Israel lobbying group. Endorsements from anti-AIPAC organizations have expanded sharply this cycle, deepening divisions within the party over…
A concentrated immigration enforcement operation in Minneapolis that deployed thousands of federal agents disrupted other federal criminal investigations and prosecutions, federal court records and interviews show. Between January and the end of April, federal gun and drug prosecutions in the district plunged compared with the prior year, staffing …
U.S. Chief Justice John Roberts said the public increasingly treats the Supreme Court as a political body rather than a judicial tribunal. Speaking in Hershey, Pennsylvania, Roberts lamented perceptions that justices make policy choices and warned that personal attacks on judges risk harming the court’s legitimacy. His remarks come after a series o…
Rudy Giuliani, 81, has been discharged from the intensive care unit but continues to receive hospital care as he recovers from pneumonia, his spokesperson Ted Goodman said. The spokesperson also noted past respiratory complications tied to Giuliani's role in New York's response to the September 11, 2001 attacks. Giuliani's later attempt to overturn…
Commerce Secretary Howard Lutnick, testifying privately before a House committee, said he could not remember why he and his family had lunch on Jeffrey Epstein's private island in 2012. The acknowledgement contrasts with prior public statements in which Lutnick said he had cut ties with Epstein years earlier and had vowed to avoid him after an earl…
Vivek Ramaswamy, a multimillionaire former biotech executive and one-time presidential candidate, won the Republican primary for Ohio governor and will face Democrat Amy Acton, a physician and ex-director of the Ohio Department of Health, in the November general election. Ramaswamy's background spans finance, biotech entrepreneurship and a rapid sh…
A Department of Homeland Security intelligence assessment dated April 27 found that the U.S.-Israeli war with Iran may have played a role in motivating Cole Allen, the suspect accused of attempting to assassinate President Donald Trump and senior administration officials at the White House Correspondents’ Dinner on April 25. The preliminary report …
A new nationally representative poll by KFF finds that reducing health care costs is the preeminent concern for voters who identify with the Make America Healthy Again movement, and a leading priority across the broader electorate. Rising living costs tied to international tensions and drops in consumer spending on restaurants are cited as factors …
The Department of Homeland Security confirmed the closure of the Office of the Immigration Detention Ombudsman, saying Congress removed funding for the unit. The office, which investigated alleged abuse and misconduct in federal immigration detention, has been archived on DHS's website. Advocates and rights groups have criticized detention practice…
Former Senator Sherrod Brown is the clear favorite in Ohio’s Democratic primary, a development that Democrats view as central to their plan to flip the U.S. Senate in November. Brown’s bid to return to the upper chamber after his 2024 defeat frames a broader effort by Democrats to capitalize on voter discontent with rising prices, the U.S. war with…
The United Kingdom announced sanctions against 35 individuals and entities it says are linked to the supply of components and labour for Russian drone production and to trafficking vulnerable migrants into combat or factory roles. The move also marks the first use of the UK’s Global Irregular Migration and Trafficking in Persons sanctions regime to…
President Donald Trump has initiated a series of high-profile construction and refurbishment projects across Washington, D.C., including a planned 90,000-square-foot White House ballroom, a proposed 250-foot Independence Arch, renovations to the Kennedy Center and the Reflecting Pool, and significant alterations to the Oval Office and White House g…
On May 4 the U.S. Supreme Court permitted a recent decision that invalidated a portion of the Voting Rights Act to take effect sooner than normal. The procedural move follows a request from a group of Louisiana voters described in filings as "non-African American" and removes a procedural obstacle to the state's Republican leadership as it seeks to…
House Democratic Leader Hakeem Jeffries said he will push New York state to consider redrawing congressional districts following a recent Supreme Court decision, joining a broader wave of partisan redistricting moves by both parties ahead of the November elections. The effort in New York would require voter and legislative approval and would not ta…
