President Joe Biden signed an executive order on Tuesday that will ramp up the number of background checks conducted before gun sales.
The administration is touting the measure as bringing the U.S. as close as possible to universal background checks without Congress passing additional legislation, which would be unlikely given the stalemate on the issue in Congress.
"Again and again, [Biden] has called for Congress to act, including by banning assault weapons and high-capacity magazines, requiring background checks for all gun sales, requiring safe storage of firearms, closing the dating violence restraining order loophole, and repealing gun manufacturers’ immunity from liability," the White House said.
The order also calls on Congress to encourage greater use of so-called "red flag" laws, which allows members of the community to petition a court to determine whether an individual is dangerous and should be legally denied access to firearms.
The administration stressed that these laws are only effective when the public is aware of their existence and knows how to use them. Currently, 19 states and the District of Columbia have red flag laws on the books.
Finally, the White House is urging the Federal Trade Commission to issue a public report investigating whether and how gun manufacturers market firearms to minors.
Biden signed the order in Monterey Park, California, where a gunman recently killed 11 people and injured nine others.
Sabrina Siddiqui, National Politics Reporter at The Wall Street Journal, joins to break down the SNAP funding delays and the human cost of the ongoing shutdown.
Arguments at the Supreme Court have concluded for the day as the justices consider President Donald Trump's sweeping unilateral tariffs in a trillion-dollar test of executive power.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. The move comes amid a fraught time for the central bank, with hiring sluggish and yet inflation stuck above the Fed’s 2% target. Compounding its challenges, the central bank is navigating without much of the economic data it typically relies on from the government. The Fed has signaled it may reduce its key rate again in December but the data drought raises the uncertainty around its next moves. Fed Chair Jerome Powell told reporters that there were “strongly differing views” at the central bank's policy meeting about to proceed going forward.
U.S. and Chinese officials say a trade deal between the world’s two largest economies is drawing closer. The sides have reached an initial consensus for President Donald Trump and Chinese leader Xi Jinping to aim to finalize during their high-stakes meeting Thursday in South Korea. Any agreement would be a relief to international markets. Trump's treasury secretary says discussions with China yielded preliminary agreements to stop the precursor chemicals for fentanyl from coming into the United States. Scott Bessent also says Beijing would make “substantial” purchases of soybean and other agricultural products while putting off export controls on rare earth elements needed for advanced technologies.
