Tag: Breaking News: Politics
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Warsh faces Fed independence test as Bessent moves in on central bank’s turf
Bessent’s effort to tamp down long-term Treasury yields could force Warsh to clarify how far the Fed should go in coordinating on bonds and the balance sheet.
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Education Department recalculates student loan forgiveness counts, setting some PSLF borrowers back
Many borrowers pursuing Public Service Loan Forgiveness have recently learned that they’re further away from debt cancellation than they’d expected.
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Bessent says U.S. likely won’t restart large-scale Iran combat as it steps up economic pressure
Bessent and President Donald Trump unveiled the economic operation nearly six months into the Iran war, which continues without a clear end in sight.
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AI data center outrage is showing up everywhere from ads to elections
With less than three months until the midterm elections, opposition to AI data centers is becoming a bipartisan rallying cry in a growing number of states.
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Trump says Iran’s economy is collapsing. A former central bank adviser in Tehran pushes back
Iran’s economy is deteriorating under the weight of mounting sanctions, but far from unraveling, a former adviser to Iran’s central bank told CNBC.
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Trump scaling down U.S.-South Korea drills risks more than just joint military readiness
The move by Trump also will start to raise questions about the credibility of Washington’s commitment to alliances.
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Trump announces ‘economic warfare’ on Iran, threatens ‘tremendous’ consequences for its backers
The announcement extends a pressure campaign the Trump administration has waged since April under the banner Operation Economic Fury.
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Trump bemoans Fed interest rate policy, says U.S. should be paying much less
As he has done in the past, Trump accused Fed officials of having political motives.
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Bessent moves to curb Treasury yields, putting new pressure on Warsh’s Fed
Treasury’s move to buy back more long-term debt cooled a bond selloff, but economists warn it could raise new inflation and independence questions for the Fed
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DOJ cites Comey’s novel in urging judge not to toss ‘86 47′ seashells threat to Trump case
“There is no serious dispute that an objective viewer of Comey’s post could read it to mean ‘Kill President Trump,'” prosecutors said.
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