Month: July 2025
July 30, 2025
Politics
Fed governors Michelle Bowman, Christopher Waller voted against leaving rates steady — most dissents since 1993
Until Wednesday, no Fed meeting this year generated formal opposition, with only two dissents occurring in 2024 and none in 2023. Until Wednesday, no Fed meeting this year generated formal opposition, with only...
July 30, 2025
Politics
Bessent tells countries don’t ‘panic’ if trade deals aren’t made before tariff deadline, insists US has leverage over China
Trump and Commerce Secretary Howard Lutnick have stressed that the deadline can not be extended any more. Trump and Commerce Secretary Howard Lutnick have stressed that the deadline can...
July 30, 2025
Congress
White House backtracks on NIH funding hold amid Hill uproar
Under pressure from Congress, President Donald Trump's administration has reversed course after halting spending at the National Institutes of Health. Lawmakers on both sides of the aisle had been...
July 30, 2025
Congress
Congressional stock trading ban gets Senate panel’s OK
Democrats agreed to exempt President Donald Trump to advance GOP Sen. Josh Hawley’s bill.
July 30, 2025
Politics
Grassley rips Trump demands to force judicial nominees through Senate: ‘I was offended’
Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) fired back at President Trump's broadsides over his adherence to a tradition that Democrats have been exploiting to scuttle judicial nominations. Senate Judiciary...
July 30, 2025
Politics
Democrat Mikie Sherrill holds single-digit lead over Jack Ciattarelli in NJ gov race: poll
Rep. Sherrill holds an 8-point lead over Ciattarelli in their battle to become governor of New Jersey, just over three months out from election night, a new poll found. Rep. Sherrill holds...
July 30, 2025
Congress
Danny Davis to announce he won’t seek House reelection
Democratic Rep. Danny Davis of Illinois is expected to announce Thursday he won’t run for reelection in 2026, according to two people granted anonymity to discuss his plans in...
July 30, 2025
Congress
Trump not letting off pressure campaign against Grassley over ‘blue slips’
President Donald Trump is continuing his overnight crusade against Senate Judiciary Committee Chair Chuck Grassley in an apparent attempt to pressure the Iowa Republican to ram through more nominees...
July 30, 2025
Congress
Senate Democrats try to force DOJ’s hand on Epstein files
Senate Democrats are using an obscure federal law in an attempt to force President Donald Trump’s Justice Department to hand over information related to Jeffrey Epstein. Minority Leader Chuck...
July 30, 2025
Politics
Trump threatens India with 25% tariff — plus ‘penalty’ for buying Russian energy
WASHINGTON — President Trump threatened Wednesday to impose a 25% tariff on India starting Friday — along with an additional penalty for buying Russian energy and weapons. While describing...