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.
910 total articles
President Donald Trump has endorsed Darline Graham, appointed to fill her late brother Senator Lindsey Graham’s seat, but Republican voters, donors and rival candidates in South Carolina are resisting the move. The endorsement has not cleared the field: at least nine Republicans are competing in an August special primary, and a runoff is likely if …
President Donald Trump publicly criticized U.S. Attorney Jeanine Pirro for moving to dismiss vandalism charges tied to damage at the Lincoln Memorial Reflecting Pool, saying she 'choked' under judicial pressure and should have pursued the case despite a court filing attributing the damage to faulty construction.
A coalition of Democratic-led U.S. states filed suit on Monday seeking to stop a federal policy that would permit immigration authorities to receive data on families enrolled in the Temporary Assistance for Needy Families (TANF) program. The states contend the Administration for Children and Families exceeded statutory authority by asserting contro…
President Donald Trump has launched a sweeping set of redesigns across Washington, D.C., ranging from renovations at the Lincoln Memorial Reflecting Pool and a reimagined Rose Garden to a 90,000-square-foot White House ballroom, a controversial Kennedy Center overhaul and proposals for a monumental triumphal arch and a National Garden of American H…
Acting U.S. Attorney General Todd Blanche formally rescinded the May 18, 2026 order that created the so-called "Anti-Weaponization Fund" just days before the Senate Judiciary Committee was scheduled to consider his nomination. The move followed Republican objections and a hold on his confirmation by Senators John Cornyn and Thom Tillis, who sought …
U.S. Senator Bernie Moreno, a Republican from Ohio, publicly urged that Representative Max Miller not serve in Congress, saying Miller poses a danger to Moreno's daughter and granddaughter amid accusations of physical abuse. Miller denies the allegations and intends to continue his congressional campaign. The dispute raises political stakes in a cl…
President Donald Trump publicly disputed a Justice Department conclusion that the damaged lining of the renovated Lincoln Memorial Reflecting Pool resulted from a flawed installation rather than deliberate vandalism. Federal prosecutors urged a judge to drop a case accusing a former Olympian of vandalism after Interior Department documents describe…
President Donald Trump said he will keep Justice Department official Todd Blanche in an acting capacity if the Senate fails to confirm him, and signaled he will press Congress to approve an "anti-weaponization" fund that some Republican senators oppose. The fund, tied to a settlement resolving Trump’s $10 billion lawsuit against the IRS, has been c…
President Donald Trump will host a Cabinet meeting at Camp David on Friday, a rare retreat visit in his second term, as his administration contends with an ongoing military exchange with Iran and rising gasoline prices. The confrontation has entered its fifth month and public backing for the conflict has fallen to about one in three Americans, incr…
President Donald Trump’s 'Board of Peace' says it has secured an agreement for Hamas and other Gaza armed groups to disarm fully and for Israeli forces to withdraw in phases. The initiative, chaired by Trump and presented as an alternative to traditional U.N. mediation, has drawn a mixture of backing from a list of founding members, abstentions fro…
A group of U.S. Democratic senators has urged Treasury Secretary Scott Bessent to reinstate plans to place Harriet Tubman on the $20 note after the Treasury indicated it was no longer pursuing the redesign. The request follows an Obama-era announcement that Tubman would replace Andrew Jackson, and comes amid separate discussions within the administ…
Senator John Cornyn said he will not vote to support Todd Blanche’s nomination as U.S. attorney general until the Justice Department provides written documentation addressing provisions tied to a settlement between President Trump and the administration. Cornyn cited concerns about a proposed $1.8 billion "anti-weaponization fund" for allies and an…
Prosecutors in Utah contend that Tyler Robinson targeted conservative activist Charlie Kirk because of Kirk’s political and religious opposition to gay marriage and transgender rights. Court documents introduced a letter from a Turning Point USA board member describing Kirk’s advocacy against what prosecutors described as acceptance of transgenderi…
Decades of near-uniform U.S. backing for Israel are splintering within the Democratic Party as the Gaza war, Prime Minister Benjamin Netanyahu's ties to U.S. Republicans, and shifting public opinion fuel challenges to long-standing military assistance. Lawmakers, primary voters and polls indicate growing willingness among Democrats to debate, restr…
President Donald Trump described his separate meetings with Israeli Prime Minister Benjamin Netanyahu and Ukrainian President Volodymyr Zelenskiy in Washington as positive. Both leaders were in the capital to attend a memorial service for Senator Lindsey Graham. Trump posted short remarks on Truth Social but offered no detailed account of the discu…
President Donald Trump's attorneys have petitioned the U.S. Supreme Court to set aside a $83.3 million defamation judgment in favor of writer E. Jean Carroll. Court filings show Carroll has already received nearly $5.63 million from previous awards; her total civil verdicts against Trump now total $88.3 million, stemming from denials he made beginn…
A three-day online Reuters/Ipsos poll finds nearly half of Americans say they do not understand democratic socialist policies even as candidates aligned with that movement have been successful in recent primaries. The Michigan Democratic primary between progressive Abdul El-Sayed and moderate Haley Stevens is spotlighted as a consequential contest,…
Internal government records and interviews with affected families and advocates show that the Office of Refugee Resettlement (ORR) provided Immigration and Customs Enforcement (ICE) with hundreds of thousands of leads during President Donald Trump’s second term. The disclosures are linked to more than 12,000 arrests of sponsors, children and househ…
U.S. President Donald Trump is meeting Israeli Prime Minister Benjamin Netanyahu and Ukrainian President Volodymyr Zelenskiy in Washington as both the Iran-related conflict in the Middle East and the war in Ukraine enter decisive moments. Netanyahu is seeking visible U.S. support ahead of an October 27 election amid tensions in U.S.-Israel ties, wh…
A Pentagon spending plan shared with lawmakers in May indicates $400 million in U.S. assistance for Ukraine would be obligated in fiscal 2026 and fully delivered by the year ending September 30, 2029. The timeline means final aid deliveries would occur after President Trump’s term concludes on January 20, 2029, prompting criticism from members of b…
A recent nationwide survey finds only about one-third of Americans back the U.S. campaign against Iran, the lowest approval since the conflict began. Most respondents said President Trump has not clearly articulated the objectives of U.S. military involvement. The poll also recorded a modest uptick in the president’s approval rating and pointed to …
Troy Jackson, a fifth-generation logger and former Republican from northern Maine, is expected to formally accept the Democratic nomination for the U.S. Senate on Saturday, concluding a rapid selection process to replace Graham Platner on the November ballot. Jackson emerged as the presumptive nominee after his backers dominated delegate selection,…
The Democratic National Committee’s Rules & Bylaws Committee voted to keep South Carolina as the first state in the 2028 presidential nominating contest, rejecting Nevada’s push to move ahead. The decision, reached after two days of sometimes acrimonious debate and late-night lobbying, split party leaders along racial lines and will likely be ratif…
A U.S. district judge in Virginia ruled that the certification requirements imposed in 2023 for prescribing mifepristone were unlawful, finding the Food and Drug Administration did not adequately explain why those limits were needed after repeatedly confirming the drug's safety and effectiveness. The decision stems from a 2023 lawsuit by three abor…
President Donald Trump will attend and speak at the White House Correspondents’ Association dinner on Friday after an April 25 shooting at the Washington Hilton forced that evening's cancellation. The event has been relocated to the Waldorf Astoria and will be held with heightened security measures. The dinner will honor the Secret Service officer …
