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 Trump’s nominee for attorney general, Todd Blanche, faces a fragile path to Senate confirmation after Republican Senator Susan Collins announced she will oppose him. With Senate Republican Leader Mitch McConnell out indefinitely, Blanche can afford only one additional Republican defection. Written commitments won support from two GOP sena…
Meta Platforms apologised to Indian officials after a Facebook version of a video posted by Prime Minister Narendra Modi was briefly restricted. Joel Kaplan, Meta’s chief global affairs officer, led an executive delegation to meet Technology Minister Ashwini Vaishnaw in New Delhi and conveyed the company’s regret for the error. The episode comes am…
Abdul El-Sayed, running on a platform emphasizing healthcare, economic issues and an end to unconditional military aid to Israel, was projected to win Michigan's Democratic U.S. Senate primary. The narrow victory over moderate Haley Stevens, who received heavy pro-Israel financial backing, marks a high-profile win for the party's progressive wing a…
Republican U.S. Representative Chuck Edwards of North Carolina has ended his campaign for re-election after a House Ethics Committee report recommended he be censured for persistent unprofessional and inappropriate behavior toward two young female staff members. Edwards said he will complete his term but will not seek another term in office.
President Trump will travel to the Las Vegas area to promote tax provisions from last year’s Republican spending package, focusing on measures that eliminate taxes on tips, overtime pay and Social Security income for many Americans. The trip is part of a broader political push as Republicans seek to defend House majorities amid voter worries about …
A bipartisan group of U.S. senators introduced a resolution calling for free and expeditious elections in Venezuela and demanding the release of political prisoners, seven months after the Trump administration removed Nicolás Maduro and recognized his former vice president as acting president. The measure underscores growing U.S. impatience with th…
A House ethics committee has opened an investigation into Republican Representative Max Miller following abuse allegations made by his ex-wife. Miller, who has denied the claims and sought the probe himself, remains a candidate for reelection in Ohio's 7th Congressional District as political allies and opponents publicly react. The inquiry and publ…
Acting Attorney General Todd Blanche is expected to win committee approval this week after agreeing to narrow terms of an anti-weaponization fund and a tax-audit immunity deal to secure support from two Republican senators. The revisions stop short of a court-backed cancellation of the fund and limit audit protections to past tax returns, prompting…
Michigan Democrats vote in a consequential Senate primary that doubles as a referendum on U.S. support for Israel and a test of anti-establishment momentum within the party. Progressive Abdul El-Sayed, who wants to end unconditional U.S. military aid to Israel and accuses it of genocide, faces moderate Representative Haley Stevens, backed by pro-Is…
Voters in five states - Michigan, Kansas, Missouri, Virginia and Washington - head to the polls on Tuesday with a series of primaries and a high-stakes referendum that could affect Senate control and state judicial selection. Michigan’s Democratic Senate primary between progressive Abdul El-Sayed and moderate Representative Haley Stevens carries ou…
A Reuters/Ipsos poll conducted over six days and completed Monday shows a pronounced leftward shift within the Democratic Party, with self-identified liberals rising to 71% of Democrats. Majorities of those liberals say expanding abortion access, higher taxes on corporations and billionaires, and government-provided health coverage are 'essential' …
A national Reuters/Ipsos online poll conducted Wednesday through Monday finds Americans now slightly prefer Democratic stewardship of the economy over Republican stewardship for the first time in almost ten years. The survey also reports President Donald Trump’s job approval falling to 35%, down from 37% in a prior poll, and highlights the pressure…
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…
