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
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…
The U.S. Treasury on Tuesday announced sanctions on Iran-based Amin Exchange - also known as Ebrahimi and Associates Partnership Company - saying the firm runs a network of front companies across the United Arab Emirates, Turkey and Hong Kong that process large foreign-currency transactions for Iranian banks. In a related action the U.S. also block…
With no confirmed frontrunner and the party’s nominating calendar still shaped by the 2026 midterms, a range of Democratic governors, senators and progressive figures have begun visible pre-campaign activity for the 2028 presidential contest. The moves include travel to early-voting states, fundraising through political action committees, and publi…
President Donald Trump has intervened in the Republican primary for Kentucky's 4th Congressional District by endorsing Ed Gallrein against incumbent Thomas Massie. The race has become one of the priciest U.S. House primaries on record, drawing heavy outside spending from pro-Israel groups and Trump-aligned donors, and is being watched as an indicat…
A group of Democratic senators led by Senator Alex Padilla has asked the White House to either remove Kurt Olsen from his role as an election security adviser or explain how his continued service complies with federal limits on special government employees. The senators contend Olsen exceeded the 130-day cap on special government employees and poin…
Defense Secretary Pete Hegseth appeared at a campaign rally in Kentucky to endorse Republican Ed Gallrein over incumbent Representative Thomas Massie, a move that breaks with longstanding norms about military political neutrality. Hegseth framed his participation as personal and said Gallrein would align with President Donald Trump’s agenda, while …
Civil rights veterans in Selma, Alabama, say a recent Supreme Court decision that removed protections under the Voting Rights Act and subsequent Republican-led redistricting efforts in several southern states threaten gains in Black political representation. Activists who took part in the 1965 Selma-to-Montgomery march described renewed urgency to …
Representative Thomas Massie characterized President Donald Trump’s weekend social media assaults as a desperate bid to help the president’s preferred candidate in Tuesday’s Kentucky primary. Massie, who has clashed with Trump on major legislation, the Iran war and led efforts to release government files on Jeffrey Epstein, faces Trump-backed Ed Ga…
A nine-hour, White House-affiliated religious gathering on the National Mall highlights ties between President Trump and conservative Christian leaders, prompting complaints that the event privileges evangelical and conservative Catholic voices while excluding many other faith communities and unaffiliated Americans. Organizers say the program aims …
President Donald Trump said he may support a primary challenge to Representative Lauren Boebert after she campaigned for Representative Thomas Massie in his Kentucky district. Trump criticized Massie on Truth Social and reiterated his push to unseat Massie, who has repeatedly broken with the president on key votes and led efforts to release governm…
Democrats running for Congress and other party officials are criticizing Republican support for a proposed White House ballroom as evidence the GOP is detached from voters' cost-of-living pressures. As lawmakers consider legislation that could include roughly $400 million tied to the White House complex within a broader $1 billion presidential secu…
The U.S. Supreme Court on May 15 declined to block a decision by the Virginia Supreme Court that invalidated a voter-approved congressional map favored by Democrats. The rejected map had been crafted to turn four Republican-held U.S. House seats into Democratic pickups ahead of the November midterm elections. The move follows a broader, partisan re…
President Donald Trump is advancing an expansive program of construction and renovation across Washington, D.C., including a proposed $400 million ballroom attached to the White House, a planned National Garden of American Heroes, a major overhaul of the Kennedy Center, restoration of the Reflecting Pool in blue, a proposed 250-foot Independence Ar…
Authorities are probing vandalism at Old Memphis Cemetery in Palmetto, Florida, where 17 gravesites were damaged and red spray paint referencing 'Trump' and 'DeSantis' was left on tombs. Detectives say the incident occurred within the past few weeks; no arrests have been made and the investigation is ongoing. Family members and a White House spokes…
U.S. officials are weighing a request that Israel transfer a portion of Palestinian tax revenues it has withheld to support a U.S.-led post-conflict reconstruction and transitional governance plan for Gaza. Sources familiar with deliberations say the proposal would channel funds to a U.S.-backed transitional administration in Gaza and tie additiona…
Muslim American groups criticized Republican-led congressional hearings framed as opposing 'Sharia law' as an effort to stigmatize Muslim communities and stoke fear. Lawmakers who sponsored the sessions argue that political Islam is incompatible with the U.S. Constitution, while civil rights groups and Democratic lawmakers say the hearings single o…
The U.S. House of Representatives on Thursday produced a 212-212 tie on a Democratic-led resolution that sought to bar military actions in Iran without congressional approval. Because the measure required a simple majority, the tie caused its defeat. The vote was the third in the House this year on an Iran war powers resolution and the first since …
The Republican-led Louisiana Senate approved a new congressional map that removes one of the state’s two Democratic-held, majority-Black U.S. House districts. The 27-10 vote followed the U.S. Supreme Court decision that reduced protections for minority-majority districts, and the map now moves to a Republican-dominated state House. Supporters frame…
On May 14, the U.S. House of Representatives voted 212-212 on a Democratic-led resolution that sought to halt U.S. hostilities with Iran until Congress authorized further military action. The tie caused the measure to fail for lack of a simple majority. This was the third House vote this year on an Iran war powers resolution and the first since a 6…
Local law enforcement is probing the defacement of 17 graves at Old Memphis Cemetery in Palmetto, Florida. Headstones and vaults were knocked over and red spray paint with the names of two U.S. political figures was found on tombs. Community members described anger and distress, and officials said no arrests have been made as the investigation cont…
A federal judge will hear arguments on May 14 over a Republican presidential executive order that tightens verification and delivery rules for mail-in ballots. Democratic Party leaders contend the March 31 order is unconstitutional and would disenfranchise eligible voters; the Justice Department says lawsuits are premature because agencies have not…
On May 14, the Republican-led Senate Banking Committee will hold a mark-up on the Clarity Act, legislation designed to set rules for cryptocurrencies by clarifying which regulators oversee tokens and related activity. The vote will show whether the bill can attract the minimum Democratic support needed to advance in the Senate, as Democrats raise c…
The NAACP has filed a federal lawsuit in the U.S. District Court for the Middle District of Tennessee, asserting that a newly approved congressional map intentionally discriminates on the basis of race by fracturing a longstanding majority-Black district anchored in Memphis. The complaint names state officials as defendants and comes after Tennesse…
