Politics
All the latest news stories about politics, from elections and law-making to the subtle shifts that change our lives—and our finances
Renewed Push For $15 Min. Wage from an Unexpected Lawmaker
A renewed push to raise the federal minimum wage to $15/hr from the current $7.25 is gaining attention, and this time it’s being led by an unexpected figure.
You May Soon Be Able to Have a Trump Mobile Phone
The Trump Organization announced a new wireless service called Trump Mobile, launching in September with a $47.45 monthly plan.
Billy Long Confirmed as IRS Commissioner
The Senate confirmed Billy Long, a former Republican congressman from Missouri, as the new commissioner of the Internal Revenue Service.
Ex-congressman who once sought to abolish the IRS is its new leader
Former congressman Billy Long of Missouri has been confirmed to lead the Internal Revenue Service, an agency he once sought to abolish.
Coinbase hires top political strategists as crypto flexes its might
Top Democratic strategist David Plouffe is joining Coinbase as an adviser as the cryptocurrency exchange broadens its political reach.
Musk "Regrets Some" Posts About Trump
Elon Musk said Wednesday that he “regrets some of my posts about President @realDonaldTrump last week,” admitting they went “too far” in his public dispute.
Gabbard says AI is speeding up release of JFK assassination files
The director of national intelligence says artificial intelligence is speeding up the work of America's spy services.
Elon Musk pulls back on threat to withdraw Dragon spacecraft
Elon Musk is dialing back his threat to decommission a capsule used to take astronauts and supplies to the International Space Station for NASA. T
Trump Urges Powell to Lower Interest Rates
President Trump has intensified his criticism of Jerome Powell, urging the central bank to implement a full percentage point interest rate cut.
Trump threatens to cut Musk’s government contracts over feud
President Donald Trump is threatening to cut Elon Musk’s government contracts as their fractured alliance rapidly escalated into a public feud.
Trump Reinstates and Expands Travel Ban
President Donald Trump signed a proclamation reinstating and expanding a travel ban that restricts entry into the United States for nationals from 12 countries.
Tariff Turmoil Continues for Steel and Aluminum
The U.S. has doubled tariffs on most imported steel and aluminum—from 25% to 50%—as part of a broader push to protect domestic producers.
Musk slams Trump’s big tax bill as senators race to meet deadline
President Donald Trump wants his “big, beautiful” bill of tax breaks and spending cuts on his desk to be singed into law by Independence Day. And he’s pushing the slow-rolling Senate to make it happen sooner rather than later. Trump met with Senate Majority Leader John Thune at the White House early this week and has been dialing senators for one-on-one chats, using both the carrot and stick to encourage them to act. But it’s still a long road ahead for the bill. Senators want to make changes to protect Medicaid and to make sure some tax breaks become permanent. Elon Musk called the whole bill a "disgusting abomination.”
U.S. and China Relations Tense Among Trade Truce
China has accused the United States of violating a recent 90-day trade truce by imposing new export controls and revoking student visas.
China says US moves on chips and student visas violate tariffs truce
China has blasted the U.S. for issuing AI chip export control guidelines, stopping the sale of chip design software to China, and planning to revoke Chinese student visas.
Global Stocks Take Sharp Dip as Tariff Talks Continue
Global stock markets declined sharply on June 2nd, following President Donald Trump’s announcement to double tariffs on steel and aluminum imports to 50%.
Why Trump and Putin won’t find it easy to talk business after Ukraine
Would U.S. companies go back to Russia if there’s a peace deal over Ukraine?
