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 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…
Representative Eric Swalwell, a leading candidate in the California governor's race, faced intensifying calls to leave Congress after multiple sexual misconduct allegations surfaced. Senior Democrats and Republicans alike urged his resignation or supported expulsion proceedings as investigators and House ethics processes were referenced by lawmaker…
The Manhattan district attorney’s office has confirmed an active investigation into allegations that U.S. Representative Eric Swalwell committed sexual assault. The claims include two alleged nonconsensual encounters reported by a woman who formerly worked in Swalwell’s district office, one in 2019 and one in 2024, and additional accusations report…
U.S. Representative Eric Swalwell has denied sexual assault allegations made by a former district office staffer and additional accusations reported by other women. The claims, reported by the San Francisco Chronicle and CNN, have led to the withdrawal of endorsements and calls from Democratic leaders and unions for Swalwell to end his campaign for…
Representative Jamie Raskin told House Democrats he will reintroduce a bill to establish a bipartisan commission empowered to evaluate whether a president is unable to discharge the powers and duties of the office. The move comes as some Democrats debate using impeachment or the 25th Amendment in response to recent actions and statements by Preside…
President Donald Trump’s recent profanity-filled threats toward Iran have prompted renewed discussion among some Democrats about whether the 25th Amendment could be used to remove him from office. The amendment clarifies presidential succession and includes provisions for voluntary and involuntary transfers of power, but key parts - notably Section…
U.S. Immigration and Customs Enforcement has instructed agents nationwide to pursue a new Birth Tourism Initiative aimed at identifying networks that allegedly assist pregnant foreign nationals to obtain U.S. citizenship for their children by giving birth on U.S. soil. The move, outlined in an internal email, aligns with the Trump administration's …
Former Vice President Kamala Harris indicated on Friday that she is considering a 2028 presidential campaign. Speaking at a National Action Network meeting in New York City and responding to a question from Reverend Al Sharpton, Harris said she might run and that any decision would depend on who could best serve the American people in 2028. Harris …
BCA Research welcomed the U.S.-Iran ceasefire as a near-term positive for markets but cautioned the agreement is precarious. The firm's chief geopolitical strategist assigns a 40% probability the truce fails before the end of April and a 60% chance it does not survive beyond 12 months. BCA shifted to neutral on equities tactically while maintaining…
Melania Trump, a former Slovenian model and a notably private first lady, directly addressed reporters to reject suggestions of any relationship with Jeffrey Epstein. The appearance is one of the few times she has confronted the press in person, amid a long pattern of limited public speaking and occasional high-profile public moments.
First Lady Melania Trump delivered a rare address from the White House denying any personal or criminal connection to the late Jeffrey Epstein. She rejected circulating allegations and manipulated images, said she was never a victim or named in legal documents related to Epstein, and called on Congress to hold public hearings allowing survivors to …
House Republicans prevented Democrats from advancing a unanimous-consent resolution aimed at stopping U.S. attacks on Iran after an abbreviated pro forma session was ended by Representative Chris Smith. The move continues a pattern of congressional defeats for war-powers measures seeking to require presidential authorization for military operations…
James Talarico secured the Democratic nomination for U.S. Senate in Texas by consolidating white, college-educated and Latino voters, but his path to victory in November depends on persuading many Black voters who preferred Jasmine Crockett in the primary. Crockett outperformed Talarico in heavily Black counties and some supporters viewed primary m…
A federal judge in Boston has barred the Trump administration from ending Temporary Protected Status for over 5,000 Ethiopians, pausing the Department of Homeland Security's plan while litigation proceeds. The ruling continues a string of judicial obstacles to the administration's efforts to rescind TPS designations across multiple countries and co…
Following the dismissal of former Attorney General Pam Bondi by President Donald Trump, the Justice Department informed the House Oversight Committee that Bondi will not appear for a scheduled interview regarding the release of Jeffrey Epstein files. In a letter to the committee chair, the DOJ said the subpoena issued to Bondi last month - issued i…
The American Historical Association and American Oversight have filed suit in federal court seeking a declaration that the Presidential Records Act of 1978 is lawful and an order preventing agencies from following a Justice Department Office of Legal Counsel memo that found the statute unconstitutional. The complaint also asks for an injunction req…
An FBI-led intelligence memo circulated to state and local law enforcement on March 20 warned that Iran's government presented a "persistent threat" to U.S. military and government personnel, Jewish and Israeli institutions, and Iranian dissidents on American soil. The alert, which noted a range of tactics used by Iranian operatives, was issued eve…
Clay Fuller, a former prosecutor backed by former President Donald Trump, was projected by NBC News to have won a special runoff election in Georgia to succeed Marjorie Taylor Greene in the U.S. House of Representatives. Fuller defeated Democrat Shawn Harris in the head-to-head contest for the state's most conservative district. The runoff followed…
Joshua Nass, founder of Merkava Strategies, was arrested in March on allegations he arranged intimidation of a former client and the client’s son to secure $500,000. Court papers and lobbying disclosures connect Nass to efforts to petition for clemency for Joseph Schwartz, a nursing home owner who was pardoned by President Trump. Nass’ lawyers have…
Voters in Georgia’s 14th Congressional District will decide a special runoff between Clay Fuller, who has President Trump’s endorsement, and Shawn Harris, a moderate Democrat courting disaffected Republican voters. The race follows a March special election that failed to produce a majority winner and is being watched as a measure of Trump’s sway in…
The U.S. Supreme Court has removed a legal obstacle to the Justice Department's effort to dismiss criminal contempt charges against Steve Bannon, returning the case to the lower court for reconsideration in light of a pending DOJ motion. Bannon's 2022 conviction for refusing to provide testimony or documents to a House committee probing the January…
