Presented by Anthropic {beacon} Business & Economy Business & Economy PRESENTED BY The Big Story Kevin Warsh sworn in as new Fed chair Federal Reserve Chair Kevin Warsh was sworn in Friday beside President Trump, kicking off his term as the new head of the central bank at a
Los Angeles mayoral candidate Spencer Pratt on Wednesday dismissed Mayor Karen Bass's concern over violence in his AI-generated campaign advertisements as the "funniest thing I've ever heard." Bass has criticized Pratt's ads, which have depicted the mayor in Joker makeup while
{beacon} Technology The Big Story What Trump’s switch on AI order says about WH divides over tech policy President Trump’s abrupt decision to pull an executive order on artificial intelligence testing has exposed a deeper divide in the White House over how to oversee the
Sen. Ted Cruz (R-Texas) says that about half the Senate Republican Conference blasted acting Attorney General Todd Blanche at an explosive meeting in the Capitol on Thursday, summing up his GOP colleagues’ anger over a proposed $1.8 billion “anti-weaponization” fund as
Sen. Jim Banks (R-Ind.) on Friday floated Rep. Elise Stefanik (R-N.Y.) as a possible successor to outgoing Director of National Intelligence (DNI) Tulsi Gabbard, saying the House Republican would likely have no trouble getting through the confirmation process. “Stefanik would
World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus warned Friday that "violence and insecurity" have hampered the response to the Ebola outbreak in Congo, which he called "deeply worrisome." Fires erupted at an Ebola treatment center in Rwampara after
Florida officials have reached a settlement in which they will pay $485,000 to a biologist who was fired from her state job over a social media post criticizing conservative influencer Charlie Kirk after his assassination. Brittney Brown lost her job at the Florida Fish and
Rep. Tim Burchett (R-Tenn.) said Thursday he was “disappointed” in the Senate for heading on a weeklong recess without holding a vote on a reconciliation bill to fund federal immigration agencies, joining a chorus of House Republicans frustrated with the upper chamber’s
The White House has unveiled a slate of celebrations to mark America’s 250th anniversary this summer, including a record-breaking fireworks show on July 4. Freedom 250, the White House commission planning these events, is partnering with fireworks firm Pyrotecnico in an
Sen. Thom Tillis (R-N.C.) on Friday punched back at President Trump’s criticism on social media that he is a “nitpicker and “RINO” for criticizing the president for embracing controversial ideas such as the $1.8 billion “anti-weaponization fund” and 50-year mortgages, warning
A federal judge on Friday dismissed the criminal case against Kilmar Abrego Garcia, siding with the mistakenly deported man in finding that he was the subject of a likely vindictive prosecution. U.S. District Judge Waverly Crenshaw’s ruling marks an enormous victory for
House Oversight and Government Reform Committee Chair James Comer (R-Ky.) launched an investigation Friday into prediction market platforms Kalshi and Polymarket to determine whether their users are using nonpublic or classified information to engage in insider trading. Comer
Maine Senate candidate Graham Platner (D) on Thursday told supporters that "of course" President Trump must be impeached and removed from office. Platner, who is leading incumbent Sen. Susan Collins (R-Maine) by 7 points, according to a poll released this week, told supporters
Dan Pfeiffer, co-host of “Pod Save America,” urged Democratic National Committee (DNC) Chair Ken Martin to step down after the committee released an incomplete investigation into the party's 2024 election losses. “I think Ken Martin should step down,” said Pfeiffer, who
Senate Armed Services Committee Chair Roger Wicker (R-Miss.) on Friday called for renewed strikes on Iran, pressing President Trump to “finish the job he started” and warning him of an “ill advised” deal with Tehran. Wicker advocates for Trump to allow U.S. forces to fully
President Trump on Friday afternoon is giving remarks alongside Rep. Mike Lawler (R-N.Y.) in one of the nation's most competitive swing districts ahead of the November midterms. Trump will appear in New York’s 17th Congressional District, where the duo will tout work on
If you’ve read anything about the Democrats’ “autopsy” of its 2024 election loss, which was released Thursday after being suppressed for months, it probably highlighted what the report doesn’t include: any mention of Gaza, the Biden administration’s refusal to curb Israel’s
Disney is asking the Federal Communications Commission (FCC) to consider whether "The View" is exempt from a statutory "equal time" requirement that applies to broadcast shows. In a recent filing with the agency, Disney, which owns ABC, argued "'The View' qualifies" as a “bona
The head of the White House task force for the upcoming World Cup said Friday that Congo's national soccer team must remain in isolation for 21 days if it plans to enter the U.S. amid an ongoing Ebola outbreak, according to ESPN. Andrew Giuliani, the son of former New York City
After Donald Trump launched his war on Iran, a spirited debate broke out among a small set of public intellectuals over an unexpectedly relevant question: Is Trumpism dead? The case for Trumpism’s passing rested on the idea that the war is so contrary to his promises to the
Small businesses are urging Congress to provide them with tax relief, regulatory reforms, and healthcare savings to help them compete with larger businesses and create jobs.
President Trump said Friday he will not be attending his son Donald Trump Jr.’s wedding this weekend, citing government business. “While I very much wanted to be with my son, Don Jr., and the newest member of the Trump Family, his soon to be wife, Bettina, circumstances
Director of National Intelligence Tulsi Gabbard resigned Friday, citing her husband's battle with a rare form of bone cancer. “My husband, Abraham, has recently been diagnosed with an extremely rare form of bone cancer. He faces major challenges in the coming weeks and months.
Seventy-two years after Brown v. Board of Education, the fight for equal justice under the law continues as the hard-fought gains of generations are once again under attack, and it is more important than ever to organize, mobilize, and vote in order to protect the legacy of
Louisiana Governor Jeff Landry—who for some reason is serving as President Donald Trump’s special envoy to Greenland—admitted Friday that the administration wants to take over the Arctic island for the oil. Landry’s comments came after he traveled to Greenland uninvited last
Tulsi Gabbard is resigning from her position as director of national intelligence. Gabbard notified the president of her forthcoming departure during a Cabinet meeting at the Oval Office on Friday. Her last day is expected to be June 30. She is reportedly departing Trump’s
The Trump administration on Friday announced prospective immigrants would need to return to their home country to apply for green cards, a move that would stifle the most common pathway used for legal immigration. U.S. Citizenship and Immigration Services (USCIS) portrayed the
Rep. Debbie Wasserman Schultz (D-Fla.) announced Friday she’s running for another term in Congress in a new district after GOP-led redistricting backed by Gov. Ron DeSantis roiled the Sunshine State. “Today, I’m announcing my candidacy for Florida’s 20th congressional
The House passed legislation capping institutional investor ownership of single-family homes at 350 units per entity, while the End Hedge Fund Control of American Homes Act proposes a 50 percent excise tax on any single-family home purchased by a covered institutional investor
U.S. consumer sentiment fell to a record low this month as the conflict with Iran spurs anxiety about the economy, according to the University of Michigan’s Surveys of Consumers. The university’s index of consumer sentiment slipped to a final reading of 44.8 in May, a 5-point
Rep. Thomas Massie (R-Ky.) said he won’t be asking for a recount and dismissed theories of possible voter tampering after his loss in the Kentucky GOP primary to President Trump-backed GOP candidate Ed Gallrein. “I do not believe I lost due to fraudulent votes, mail-in ballots,
Representative Tom Kean Jr. has claimed he’s too sick to do his job in Congress—but he has apparently been perfectly fine traveling, approving staff expenditures, and trading stocks. The New Jersey Republican has been missing in action since March 5, skipped 88 House votes so
Presented by Tokyo Electron — Plus: Republicans reject DOJ fund {beacon} Happy Friday! In an alternate reality, the Senate is just finishing a marathon vote-a-rama and Cate Martel hasn’t started her Memorial Day weekend early. Instead, Senate Republicans headed home after
Federal Reserve Chair Kevin Warsh was sworn in Friday beside President Trump, kicking off his term as the new head of the central bank at a critical time for the U.S. economy. Supreme Court Justice Clarence Thomas swore Warsh in during the Friday ceremony at the White House.
Rep. Haley Stevens (D-Mich.) introduced a bill Friday aimed at blocking a rule proposed by the Trump administration that could allow handguns to be shipped through the U.S. Postal Service. The bill, which was first shared with The Hill, would prohibit the Postal Service from
Google officially filed its appeal of the federal ruling deeming it an illegal search monopolist, arguing the decision "crashed" through legal guardrails. "Google just prevailed in the marketplace fair and square," it writes in its legal filing. Google had already said it would
President Donald Trump personally called Defense Secretary Pete Hegseth to voice his displeasure with the latter’s decision to pull U.S. troops from Poland last week. The president was reportedly shocked by the move, raising questions around who exactly is calling the shots in
Iran and Oman have discussed setting up a toll system to charge vessels transiting through the Strait of Hormuz, despite President Trump’s condemnation of charging fees to pass through the waterway. “Iran and Oman must mobilize all their resources both to provide security
Louisiana Gov. Jeff Landry (R), who is serving as President Trump's special envoy to Greenland, said Friday morning that the Danish territory could play a role in bringing down energy prices amid the Iran war after his “eye opening” visit there this week. Landry was asked by
Every Democratic administration in the past century — no exceptions — came to Washington promising to rewire the healthcare system, mainly to protect Americans from the costs of illness. So did most Republican administrations (including President Trump’s). In the uproar of our
BROADVIEW, Ill. (WGN) — Charges will be permanently dropped against four people who protested outside the U.S. Immigration and Customs Enforcement's (ICE) processing center in west suburban Broadview. The four people impacted include: former congressional candidate Kat
Taiwan’s authorities haven't been notified of a hold on a planned $14 billion U.S. arms sale to Taipei, a government official said Friday, even as acting U.S. Navy Secretary Hung Cao a day prior said some foreign military sales were being paused because of the Iran war.
When growth in AI capital spending is scaled back at some point, U.S. economic growth will slow, and the stock market will likely enter bear territory.
President Trump is defending his administration’s creation of a nearly $1.8 billion “anti-weaponization” fund in response to heavy criticism not only from Democrats but from Republicans in the Senate, who delayed votes on a reconciliation package Thursday over the issue. The
Republicans are going all out to convince the American people that President Trump’s $1.8 billion taxpayer-funded slush fund for his MAGA allies is actually a good thing. Representative James Comer proclaimed that there’s a “need” for the slush fund. “The things they tried to