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.
897 total articles
The U.S. Supreme Court unanimously upheld a lower court decision dismissing an illegal firearms possession charge against Ali Hemani, who acknowledged regular marijuana use. The ruling leaves intact questions about how the Gun Control Act’s prohibition on firearm possession by "unlawful users" of controlled substances applies to marijuana and signa…
President Trump's intervention to protect a controversial acting intelligence chief and to press for his voter ID package has disrupted Republican plans to advance a high-priority national security bill, widening rifts with Senate Republicans who are increasingly willing to resist his directives as the November midterms approach.
A court-ordered inventory filed by the U.S. government shows at least 51 exhibits were removed from 37 National Park Service sites under President Trump’s directive to eliminate displays that 'inappropriately disparage Americans past or living.' The list, produced after a federal judge rebuked the administration’s actions, highlights removals rangi…
Georgia Republican voters rejected the candidate endorsed by former President Donald Trump in the state’s governor primary runoff, choosing businessman Rick Jackson over Lieutenant Governor Burt Jones. The result is one of several notable outcomes from a busy primary night that saw a Trump favorite win a competitive U.S. Senate primary in Georgia, …
Republicans are urging an expedited Senate confirmation of Jay Clayton as Director of National Intelligence after President Trump nominated him less than a week earlier. Democrats say they will withhold judgment until Clayton appears at a Senate Intelligence Committee hearing, citing the recent controversy over interim director Bill Pulte and conce…
The Trump administration has announced plans to challenge Evanston, Illinois' reparations program for Black residents, arguing the plan is racially discriminatory. The city, whose program was approved in 2019 and offers housing grants up to $25,000 to eligible Black residents and their descendants, says it will defend the measure in court and maint…
The U.S. Justice Department has said it will step into a lawsuit challenging Evanston, Illinois' reparations program that provides housing grants exclusively to Black residents and their descendants. City officials, including Mayor Daniel Biss, reiterated the program's legality and pledged to defend it in court. The move comes amid broader federal …
WASHINGTON, June 16 - The U.S. Senate on Tuesday fell short of advancing a Democratic-led resolution that would have required congressional authorization before continuing the conflict with Iran, rejecting the measure in a 48-47 procedural vote. The move represents the ninth such effort by Senate Democrats since air attacks by Israel and the United…
The administration announced a transfer of several oversight responsibilities from the U.S. Education Department to other federal agencies, assigning civil rights and student privacy enforcement to the Justice Department and placing special education initiatives for students with disabilities under Health and Human Services. The move continues a br…
The Department of Justice has filed to intervene in a Mississippi lawsuit brought by the NAACP against Elon Musk's AI firm xAI and its subsidiary MZX Tech, seeking dismissal of a Clean Air Act case that challenges emissions and permitting tied to gas-powered turbines used to run xAI data centers. The filing, submitted under the direction of Justice…
A recent Reuters/Ipsos poll conducted over four days through Monday finds that roughly two in five Americans doubt the United States will continue as a single country for another 250 years. The survey highlights deep partisan splits on the health of American democracy, differing views of national exceptionalism and disagreement about whether this y…
Georgia Republicans will hold a runoff to determine their nominee to challenge Democratic Senator Jon Ossoff. Representative Mike Collins, who led the May 19 primary and has President Trump’s recent endorsement, faces former college football coach Derek Dooley in a head-to-head matchup. Ossoff, who has raised substantially more than his opponents, …
Voters in Georgia, Alabama, Oklahoma, Washington, D.C., and parts of the San Francisco Bay Area head to the polls on Tuesday for a mix of primary runoffs, a state wage ballot measure and special elections. The most closely watched contest is a Georgia Republican runoff between U.S. Representative Mike Collins and former football coach Derek Dooley,…
A nationwide online poll finds President Trump’s overall approval nudged up to 36% amid reduced public intensity of concern over the cost of living. The survey captured views taken before and after a weekend announcement of an agreement to end a war that had driven fuel prices higher. Voter preferences for congressional contests remain close, with …
California Governor Gavin Newsom said on Monday that President Donald Trump has instructed the Justice Department to open an investigation into him and his wife. In a video posted to X, Newsom described recent visits by federal agents to family members, friends and former staff seeking documents and records, and framed the action as politically mot…
Two Democratic lawmakers have asked the White House, Justice Department and U.S. Secret Service to preserve communications and related records for 17 clemency recipients, including Trevor Milton, amid concerns that improper considerations or informal channels may have influenced pardon and commutation decisions. The request challenges assertions by…
President Donald Trump announced that the July 4 celebration on the National Mall, part of the administration's 'Freedom 250' programming marking the nation's 250th anniversary, will be presented as a Trump rally. The event is set to feature military bands, flyovers and a major fireworks display between the Lincoln Memorial and the Washington Monum…
The U.S. Supreme Court on June 15 declined to hear an appeal from 98-year-old Judge Pauline Newman asking to overturn her suspension from duties at the U.S. Court of Appeals for the Federal Circuit. Newman, a long-serving patent law jurist appointed in 1984, has argued that the court exceeded its authority and violated her constitutional rights in …
The U.S. Supreme Court refused to hear Carter Page's bid to overturn lower-court dismissals of parts of a 2020 lawsuit alleging unlawful surveillance by the FBI during its probe into Russian interference in the 2016 election. A partial settlement with the government resolved some claims for a reported $1.25 million, but Page's remaining claims agai…
President Donald Trump approved a Pakistani-mediated memorandum of understanding that would extend the ceasefire with Iran and pave the way for reopening the Strait of Hormuz, a development that could relieve energy market pressures. The deal, due to be signed on Friday, leaves unresolved key U.S. aims including limits on Iran's nuclear program, ba…
A June 3-8 Reuters/Ipsos poll finds President Donald Trump's approval among rural Americans has fallen to 50%, down from 60% in February 2025. The decline is driven largely by dissatisfaction with the handling of the cost of living and the U.S. economy amid rising gasoline, food and fertilizer prices, and local strains such as water conflicts tied …
Texas has shifted from a safe Republican hold to a competitive battleground after Attorney General Ken Paxton upset four-term Senator John Cornyn in a runoff following a late endorsement from former President Donald Trump. Paxton faces Democratic state Representative James Talarico, who has significantly outpaced him in fundraising. Republican stra…
A central provision of the U.S. foreign surveillance framework, Section 702 of the Foreign Intelligence Surveillance Act, is due to lapse at midnight on Friday after a standoff in Congress tied to the White House's interim intelligence appointment. The statute enables targeted collection of communications from non-U.S. persons overseas and permits …
President Donald Trump will stage a seven-fight Ultimate Fighting Championship event on the White House South Lawn on June 14 as part of 250th independence celebrations and his 80th birthday. The event brings longtime UFC allies and corporate sponsors to the executive grounds, with production financed by the promotion's parent company and broadcast…
The Republican-led Senate Armed Services Committee approved a version of the annual National Defense Authorization Act that extends security assistance for Ukraine and raises authorized funding for the Ukraine Security Assistance Initiative to $750 million. The measure also includes a controversial renaming of the Department of Defense and provisio…
