Tag: Breaking News: Politics
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Trump says he will spend up to $500 million of ‘my money’ to help Republicans in midterms
Trump’s pledge would dramatically increase MAGA Inc.’s spending after the Trump-aligned PAC kept most of its $403 million war chest on the sidelines.
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U.S. sanctions Turkish bank accused of enabling Iran as Bessent says he ‘hopes for’ no further bank penalties
President Donald Trump hyped the sanctions plan as “economic D-Day” against Iran, but the U.S. has so far taken few steps to implement it.
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White House has vetted candidates for key CFTC vacancies, sources tell CNBC. It’s unclear if they will be filled
Filling open commissioner positions at the regulatory agency has been a sticking point in negotiations over the Clarity Act.
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Analysis: Lower Treasury yields could require a weaker economy. Trump won’t fix them
Long-term Treasury yields are being held up by Trump-era policy risk, heavy government borrowing and AI-driven corporate debt.
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Trump tells Fed to slash rates or he’ll end trade with countries with U.S. surpluses
President Donald Trump demanded that the Fed slash interest rates or else he will cut off trade with countries with which the U.S. maintains trade deficits.
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Argentina’s Milei escalates Falklands dispute as Trump questions U.S. support for Britain
Argentina’s President Javier Milei has renewed the country’s claim to the Falkland Islands and threatened sanctions on oil companies.
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India’s June quarter GDP print is courting controversy. Here’s why
India’s forecast-beating economic growth has come under scrutiny after a former government official claimed that the GDP print is overstated.
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European Union joins U.S.-led ‘Operation Economic Outcast’ as Iran cries foul
The bloc’s endorsement came as the Group of 20 finance ministers and central bank governors gathered in Asheville, North Carolina, earlier this week.
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Trump admin targets tax-exempt status at private colleges — threatening a key tax break for donations
The Treasury has proposed regulations that would strip thousands of private schools of their tax-exempt status and threaten a valuable tax break for donations.
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Trump-promoted Freedom Fuel expands to Detroit as lawsuit over supplier’s unpaid fuel heats up
Freedom Fuel won free publicity when President Donald Trump urged other gas retailers to emulate its low prices in July.
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