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.
625 total articles
A growing number of House and Senate Republicans are breaking with President Donald Trump on a string of high-profile items, from foreign policy to domestic spending and personnel picks. Lawmakers have rebuked his posture toward Iran, blocked funding tied to his White House ballroom, forced a rollback of an "anti-weaponization" program, and moved a…
President Donald Trump has launched a suite of large-scale construction and renovation efforts in Washington that include a 90,000-square-foot ballroom at the White House, a National Garden of American Heroes at West Potomac Park, a renamed and contested performing arts center, a repainted Reflecting Pool, a proposed Independence Arch, a Lincoln Me…
Senators voted early Friday to block consideration of legislation to reauthorize Section 702 of the Foreign Intelligence Surveillance Act, with seven Republicans joining Democrats to defeat a procedural motion 47-52. The authority will expire on June 12 unless Congress acts, after a temporary 45-day extension passed on April 30. Senate Majority Lea…
President Donald Trump will visit Chippewa Falls, central Wisconsin, as Republicans aim to defend a closely contested congressional seat that is key to maintaining their slim majority in the U.S. House. The trip comes as rising consumer costs tied to tariffs and the conflict with Iran weigh on voter sentiment, and as administration officials repeat…
The U.S. Court of Appeals for the D.C. Circuit will take up an appeal over the Trump administration's plan to construct a $400 million, 90,000-square-foot ballroom on the site of the demolished East Wing of the White House. Preservationists sued after the East Wing was torn down in October 2025 and construction began without congressional authoriza…
The U.S. House of Representatives on Thursday approved the Ukraine Support Act, a package combining reconstruction aid, direct loans and tougher sanctions and export controls on Russia. The bill passed 226 to 195 after months stalled on the floor, with 18 Republicans and one typically allied independent joining Democrats to secure passage. While th…
The United States and Japan have announced a bilateral $1 billion investment in the Department of Energy's Genesis Mission, with each government pledging $500 million over five years to jointly develop AI-driven scientific tools, next-generation computing, quantum systems, fusion infrastructure and semiconductor collaborations. The agreement establ…
The U.S. government has agreed to revoke endangered species protections for the dunes sagebrush lizard following a settlement with Texas Attorney General Ken Paxton. The Fish and Wildlife Service will conduct further review after acknowledging an error in its prior assessment of the species' habitat restoration prospects in the Permian Basin.
Donald Trump Jr., a senior executive in the Trump family business, spoke at a private forum in Zurich on June 4, promoting cryptocurrencies and calling the convergence of blockchain and artificial intelligence a "game changer." He also said he believed his father would secure a deal with Iran, while providing limited detail on how such an agreement…
Charles McLaughlin, the White House senior director for European and Russian affairs, is expected to leave in coming days as part of a wider personnel reshuffle at the National Security Council (NSC). The changes, which include recent incoming aides tied to Secretary of State Marco Rubio, may shift day-to-day policy control toward Rubio and prompt …
New York's Democratic-controlled legislature approved an initial constitutional amendment on June 4 that would allow lawmakers to override the state's independent redistricting commission and draw new congressional boundaries ahead of the 2028 cycle. The measure, which must be passed again in 2027 and then approved by voters, would remove the state…
President Donald Trump said he will take steps to nominate acting U.S. Attorney General Todd Blanche to the permanent post, naming him as his choice to lead the Justice Department. Blanche, 51, who succeeded Pam Bondi after her April dismissal, has drawn criticism from Republican senators and some White House aides over a proposed $1.8 billion vict…
The NAACP filed a motion on Wednesday asking a federal court to revive a 2020 lawsuit against the U.S. Postal Service, contending a newly proposed USPS rule from the Trump administration conflicts with a settlement that requires expedited processing of mail-in ballots. The group warned the rule could block millions of eligible voters from receiving…
Republican U.S. Representative Randy Feenstra, backed by former President Donald Trump, was narrowly defeated in the Iowa Republican primary for governor by businessman-farmer Zach Lahn, ending a recent run of successful Trump endorsements. Democrats recorded notable wins including Josh Turek’s upset in the state Senate primary and Xavier Becerra’s…
With precincts only partially reporting, Republican Steve Hilton held an early lead with 27.8% and Democrat Xavier Becerra was close behind at 25.4% in California's open primary for governor. Both candidates have cleared more than 1.2 million votes, while billionaire Tom Steyer trailed at 19.6%. Large volumes of mail ballots remain to be counted; b…
In a podcast interview aired Wednesday, President Donald Trump said a hypothetical 2028 ticket featuring Vice President JD Vance and Secretary of State Marco Rubio would be nearly unbeatable. Both men, viewed as potential contenders for the Republican nomination, have appeared at White House briefings defending the administration on issues includin…
As the Texas Senate contest tightens, Republican operatives and allies are focusing on cultural issues - particularly gender identity - to shift attention from economic and foreign policy vulnerabilities. Democratic state representative James Talarico has been targeted with misleading personal attacks even as polls show a narrow race with potential…
Iowa State Representative Josh Turek captured the Democratic nomination for the U.S. Senate on Tuesday, earning a path to the November general election where he will oppose Republican Representative Ashley Hinson for the open seat vacated by retiring Senator Joni Ernst. Early returns showed Turek leading decisively in the primary, while analysts co…
The U.S. Supreme Court on June 2 cleared the way for Alabama to deploy a congressional map backed by Republican legislators that would eliminate one of two districts where Black voters form a majority or near-majority. The decision, issued over the dissent of the court's three liberal justices, stayed a federal three-judge panel's order that had bl…
Senate Democratic Leader Chuck Schumer publicly endorsed Graham Platner on June 2, saying Platner will face incumbent Republican Susan Collins in November and asserting the campaign will help Democrats reclaim the Senate. The endorsement comes as Platner, a former Marine and oyster farmer, contends with recent controversies that include sexually ex…
Two sources said the Justice Department’s pact shielding President Donald Trump and his family from future tax audits remains intact even as his $1.8 billion anti-weaponization fund has been placed on hold. White House officials made calls to lawmakers to assert there would be no payouts after a Republican backlash, but lawmakers are pressing for a…
President Donald Trump named Bill Pulte, who currently serves as director of the Federal Housing Finance Agency and chair of Fannie Mae and Freddie Mac, as acting director of national intelligence. The 38-year-old will retain his housing finance roles while overseeing the intelligence community. Pulte has no prior national security experience. The …
U.S. Homeland Security Secretary Markwayne Mullin will testify before a Senate committee after raising the possibility of cutting international travel and cargo processing at Newark Liberty International Airport unless local authorities secured the perimeter around Delaney Hall Detention Facility. The confrontation follows protests over detainee co…
A federal judge in Boston will hear arguments from Democratic-led states and voting rights organizations seeking to block President Donald Trump's executive order that directs federal action to tighten rules around mail-in voting. The order, signed March 31, instructs federal agencies and the U.S. Postal Service to take steps including compiling st…
California holds a primary election that will select two finalists for governor and Los Angeles mayor and provide the initial test of a new congressional map that advocates say could shift up to five seats. The crowded gubernatorial field is being winnowed under the state’s top-two primary system, while closely watched local and congressional conte…
