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
President Donald Trump will travel to New York's Hudson Valley to appear with Representative Mike Lawler at an event focused on the economy and tax policy, including the expanded SALT deduction. The visit tests the president's appeal in a competitive suburban district where inflation, higher gasoline prices and recent political controversies compli…
Senior White House adviser Kurt Olsen last year proposed asking the Commerce Department to treat components of certain voting machines as national security threats, a move that would have effectively excluded those systems from U.S. elections. The effort, aimed at Dominion Voting Systems equipment, was part of broader administration attempts to cen…
Republican leaders in the U.S. House abruptly withdrew a scheduled Thursday vote on a war powers resolution that would have required President Donald Trump to secure congressional authorization for continued military action against Iran. The postponement came just before lawmakers departed for the Memorial Day recess and follows a narrow Senate pro…
The Democratic National Committee released a 192-page post‑election review of Kamala Harris’ loss to Donald Trump in 2024 after internal pressure, but quickly distanced itself from the document. The report faults party weaknesses including underfunded state organizations and a failure to reach certain voter groups, while the DNC chair criticized th…
Aimee Bock, who ran the nonprofit Feeding Our Future, received a 500-month prison term after being convicted of orchestrating a $250 million scheme to defraud a federally funded child nutrition program during the COVID-19 pandemic. Federal prosecutors had sought 50 years. The case has figured in national political rhetoric about enforcement actions…
Senate Republicans met with Acting U.S. Attorney General Todd Blanche to demand details about a newly disclosed $1.8 billion fund tied to President Trump’s lawsuit against the IRS. Senate GOP leaders want explanations of how the Anti-Weaponization Fund would operate, who it would benefit and whether it would limit audits of Trump’s taxes, while Dem…
Vice President JD Vance used a recent stint at the White House briefing room podium to defend the administration on several contentious issues, from its handling of the Iran war to a newly created $1.8 billion fund to aid allies who claim political prosecution. The appearance, which came two weeks after Secretary of State Marco Rubio spoke at the s…
Donald Trump’s recent push to remove Republicans he views as disloyal has succeeded in multiple primary fights, consolidating his control over the party’s activist base. But strategists warn that prioritizing loyalty over broader electability could cost the GOP in competitive November races, strain campaign resources and complicate governance with …
Legal specialists say opponents face steep obstacles to overturning President Trump's $1.776 billion Anti-Weaponization Fund and the provision that bars audits of his past taxes, with key challenges tied to standing, the dismissal of related litigation and limits on court review. Critics from across the political spectrum have raised alarms about t…
A former attorney in the U.S. Attorney's Office for the Southern District of Florida has been indicted on charges that she emailed herself an unreleased portion of Special Counsel Jack Smith's report related to the dismissed classified documents case involving former President Trump. The accused, Carmen Lineberger, pleaded not guilty at a federal h…
Two officers who defended the U.S. Capitol on January 6, 2021, have filed a federal suit seeking to prevent disbursements from an almost $1.8 billion fund the Justice Department established as part of a settlement tied to former President Donald Trump. Plaintiffs say the fund was created to finance those who commit violence in Trump's name and ask …
Representative Thomas Massie of Kentucky was defeated in his Republican primary by Ed Gallrein, a former Navy SEAL supported by former President Donald Trump and buoyed by more than $15 million in spending from pro-Israel groups. The result, decided with 99% of votes counted, underscores Trump's influence among Republican primary voters even as que…
South Carolina’s Republican-led House approved a redistricting plan in the early hours of Wednesday that would redraw congressional boundaries in a way described by opponents as aimed at unseating Democratic Rep. Jim Clyburn. The measure, advanced during a special legislative session called by the governor after pressure from former President Donal…
The U.S. Supreme Court's recent interventions in state redistricting disputes have repeatedly allowed Republican-favoring maps to take effect, even when changes came close to primary voting. Justices cited or invoked the Purcell principle in some cases but not others, prompting debate among legal scholars about consistency, judicial restraint and p…
The U.S. Supreme Court is poised to hand down decisions in four significant cases tied to President Donald Trump that could constrain or endorse aspects of his second-term agenda. The disputes cover an executive order aimed at curbing birthright citizenship, the attempted ouster of Federal Reserve Governor Lisa Cook, the removal of Federal Trade Co…
Two Republican contenders - U.S. Representative Mike Collins and former University of Tennessee coach Derek Dooley - advanced to a June 16 runoff in Georgia’s GOP U.S. Senate primary after neither secured a majority in the initial vote. With roughly 80% of ballots tallied, Collins led Dooley, eliminating a third major candidate, Representative Budd…
At a May 19 White House briefing, Vice President JD Vance sought to reassure the public that the administration’s campaign against Iran will be finite, saying "This is not a forever war." While standing in for the press secretary, Vance addressed a range of hot-button topics including the use of taxpayer funds for individuals convicted in the Janua…
President Donald Trump provided new, previously undisclosed details about a planned 90,000-square-foot White House ballroom, describing hardened security features including a rooftop drone base, titanium fencing and a six-story underground complex that would house a military hospital and research facilities. He led reporters through the constructio…
A one-page Justice Department order signed by acting Attorney General Todd Blanche prevents the Internal Revenue Service from auditing President Donald Trump, his relatives or his companies over tax returns filed before Monday, extending a settlement that resolved Trump's $10 billion lawsuit over a tax-return leak and established a nearly $1.8 bill…
President Donald Trump is pressing ahead with an array of major renovation and construction projects across Washington, D.C., including a proposed 90,000-square-foot White House ballroom initially estimated at $400 million, a National Garden of American Heroes at West Potomac Park, a renamed and soon-to-close-for-renovation Kennedy Center, restorat…
U.S. Secretary of State Marco Rubio will travel to Helsingborg, Sweden, this week to attend a NATO foreign ministers meeting where burden sharing among alliance members is slated for discussion, the State Department said. After the NATO session Rubio will visit India from May 23-26, stopping in Kolkata, Agra, Jaipur and New Delhi to meet senior Ind…
A bipartisan pair of U.S. senators will introduce legislation aimed at reducing the appeal of Chinese artificial intelligence and digital technology offerings among foreign governments. The bill would create a State Department office to subsidize allied purchases of U.S. technology, streamline procurement, and establish a $500 million financing veh…
Senate Homeland Security and Government Affairs Committee Republicans advanced legislation allocating roughly $72 billion to support an expanded migrant deportation program, while internal disputes persist over a proposed $1 billion in Secret Service and White House ballroom-related spending. Committee Republicans defeated multiple Democratic attem…
The NAACP has launched the 'Out of Bounds' campaign, asking Black athletes, recruits, fans and donors to withhold support from flagship public athletic programs in eight Southern states that the group says are reducing Black voting power following a Supreme Court decision. The campaign targets major programs that generate more than $100 million ann…
President Donald Trump said he will make an endorsement in the Texas Republican U.S. Senate primary on Tuesday, signaling a decision ahead of the May 26 runoff between incumbent Senator John Cornyn and Attorney General Ken Paxton. The move follows a March three-way primary in which neither candidate won a majority, and comes after Paxton endured he…
