Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story How Trump’s big bill could affect your taxes President Trump’s bill to cut taxes and spending centers on an extension of his previous round of tax cuts, which
Presented by The Coalition to Strengthen America's Healthcare — Cancer research has become an unintended casualty of the Trump administration’s broad cuts to research grants and its fight higher education, with researchers worried it’ll take decades to recover if something
Elon Musk’s shouting match with Treasury Secretary Scott Bessent might have been the final nail in the coffin for the tech billionaire’s four-month stint in the White House, but it came after months of bubbling frustration to Musk’s “chainsaw” approach to dismantling the
President Trump confronted South African President Cyril Ramaphosa with claims of a "white genocide" in South Africa, citing a video of Afrikaner advocates which he claimed backs up their claims, despite the fact that the UN has not recognized the situation as a genocide.
{beacon} View Online Technology Technology The Big Story Ocasio-Cortez gives AI deepfake bill another go Rep. Alexandria Ocasio-Cortez (D-N.Y.) reintroduced a bill Wednesday that would give victims of nonconsensual sexually explicit deepfakes the power to take civil action
The House GOP's “big, beautiful bill” will add so much money to the debt it will force across-the-board spending cuts to Medicare, according to the nonpartisan Congressional Budget Office (CBO). CBO late Tuesday said the legislation will increase the debt by $2.3 trillion over
President Trump’s bill to cut taxes and spending centers on an extension of his previous round of tax cuts, which Republicans slated for expiration at the end of this year back in 2017. As such, it will preserve the status quo on many big parts of the code so that taxpayers
Senate Republicans on Wednesday blocked Senate Minority Leader Chuck Schumer’s (D-N.Y.) bill that takes aim at President Trump’s deal with Qatar to accept a luxury jet as a gift to serve as the next Air Force One. Schumer attempted to pass the measure, which would essentially
Donald Trump’s many deals during his trip to the Middle East last week have rankled one of his closest allies on the right. Tucker Carlson called out the president’s “corruption” on his podcast Tuesday while speaking with his guest on the program, fellow right-wing influencer
New York City Mayor Eric Adams announced Wednesday that street signs in Manhattan have been “temporarily co-named” to honor individual players on the New York Knicks as the team advances to the 2025 NBA Eastern Conference Finals for the first time since 2000. The city installed
Canada is in talks with the U.S. to join President Trump’s proposed "Golden Dome" missile defense system, according to the Canadian government. Prime Minister Mark Carney's office said there are “active discussions” between the two countries on existing and new security
Plus: Trump confronts South African leader in Oval Office {beacon} HOUSE REPUBLICANS are fighting the clock — and each other — as GOP leadership and the White House push for President Trump’s “big, beautiful bill” to get a vote as soon as tonight. Conservative members of the
The United States Army will celebrate 250 years of service on June 14 with a large-scale military parade through the nation’s capital. But the festivities, which have been in the planning stages for a couple of years, will include far more and didn't initially include the
A federal judge slammed the Department of Justice Wednesday for its “ hasty arrest ” of Newark Mayor Ras Baraka, and agreed to dismiss the ridiculous trespassing charge against the Democratic mayor. U.S. Judge Andre Espionosa questioned why federal prosecutors would arrest
Speaker Mike Johnson (R-La.) and the White House are betting that the bill full of President Trump’s priorities is so big — and so “beautiful,” at least in the eyes of the president — that it cannot fail. House GOP leaders are charging ahead with plans to vote on the
Rep. Nancy Mace (R-S.C.) filed a Wednesday resolution to expel Rep. LaMonica McIver (D-N.J.) over pending federal charges related to a scuffle involving lawmakers, protesters and Immigration and Customs Enforcement (ICE) officers outside a migrant detention facility in New
Rep. Alexandria Ocasio-Cortez (D-N.Y.) reintroduced a bill Wednesday that would give those depicted in nonconsensual sexually explicit deepfakes the power to take civil action against those who make or distribute the imagery. Ocasio-Cortez co-led the reintroduction of the bill
Google is adding a new chatbot-like feature called “AI Mode” to its search engine amid a push to further incorporate artificial intelligence (AI) into its products. “AI Mode” will appear as a new tab for Google search users starting Tuesday, Google CEO Sundar Pichai announced
Despite Robert F. Kennedy Jr.’s attestations against the use of fluoride , his “Make America Healthy Again” agenda is apparently going easy on one of the root causes of fluorosis (the only known side effect of over-fluoridated water): pesticides. Under Donald Trump’s helm, the
Sen. Ron Wyden (D-Ore.) said Wednesday that three major phone carriers failed to establish systems to notify offices about surveillance requests, as required by their Senate contracts. His "Dear Colleague" letter said AT&T, Verizon and T-Mobile did not notify lawmakers when
The Treasury Department has sanctioned two high-ranking members of the Mexican drug trafficking group Cartel del Noreste (CDN), a transnational group formerly known as Los Zetas. The Treasury Department’s Office of Foreign Assets Control (OFAC) imposed the sanctions Wednesday
There was “mayhem” outside an immigration court in Phoenix Tuesday, as federal agents arrested several people, including one person whose case had just been dismissed. Immigration attorney Issac Ortega told the Arizona Mirror that several masked agents, who refused to identify
Former Fox News host Tucker Carlson agreed with a guest on his podcast that the timing of the Trump Organization’s business ventures in the Middle East — just as the Trump administration announced new deals with those foreign governments — “seems like corruption.” In an
Donald Trump's acceptance of a $400 million jet gift from Saudi Arabia, his family's business deals in the region, and his economic policies that benefit the wealthy while harming the financially pressed, have created a cloud of corruption and nepotism that could threaten his
During his meeting with House Republicans on Wednesday, President Donald Trump shared a crucial message : Don’t “fuck around” with Medicaid. But despite their seemingly unwavering loyalty to the president, it seems increasingly likely that GOP representatives will indeed
President Trump is slated to host the 2025 NCAA men's basketball champions at the White House on Wednesday afternoon. The University of Florida defeated the University of Houston 65-63 in the national championship game, giving the Gators their third national title. The ceremony
Former Rep. Billy Long's (R-Mo.) nomination to lead the IRS has been met with concerns from senators due to his acceptance of donations from donors who may have been trying to curry favor with him, raising questions about potential violations of federal anti-bribery laws.
President Trump's meeting with South African President Cyril Ramaphosa took an unexpected turn Wednesday when the Oval Office-holder showed a video filled with clips putting his counterpart on the spot over claims that white farmers are being persecuted in that country. The
President Trump's meeting with South African President Cyril Ramaphosa took an unexpected turn Wednesday when Trump showed a video filled with clips putting his counterpart on the spot over claims that white farmers are being persecuted in that country. The Oval Office
Attorneys for Mahmoud Khalil, the former Columbia University grad student who has been in Immigration and Customs Enforcement (ICE) detention for 10 weeks, are fighting to allow him to have physical contact with his wife and newborn son. In a letter to District Judge Michael
Congressional Republicans are working to pass a massive, 1,116-page piece of legislation – titled the "One Big Beautiful Bill Act" – that includes cuts to SNAP.
Rep. Eric Swalwell (D-Calif.) says there's definite "room for improvement" when it comes to efforts by Democratic leadership to push back against President Trump. "We're seeing, I would say, all of our colleagues are stepping up and recognizing that this is not, to the voters,
Amid one of Donald Trump’s most obvious corruption scandals , foreign leaders are now apologizing to the American president for not providing him with a multimillion-dollar bribe. “I’m sorry I don’t have a plane to give you,” South African President Cyril Ramaphosa told Trump
Predicting future events is difficult, but economists and election forecasters have made significant progress in recent years, with accuracy rates of 90 percent for five-day weather forecasts and 50 percent for ten-day forecasts, and 23 percent for economic forecasts, but the
House Republicans are scrambling to finalize the details of their “one big, beautiful bill” of President Trump’s legislative priorities. The White House is pushing to hold the vote Wednesday, even as warring Republican factions negotiate last-minute tweaks and some members warn
Energy Secretary Chris Wright is testifying Wednesday afternoon before the Senate Appropriations Committee on the department's fiscal 2026 budget request. The Trump administration's spending proposal includes significant cuts to Biden-era green initiatives. Paired with the
An Ohio school district is investigating after a 24-year-old was accused of enrolling in its high school, allegedly posing as a teenage boy for over a year and a half.
A federal judge chided the Department of Justice (DOJ) during a Wednesday hearing where he agreed to dismiss a trespassing charge against Newark Mayor Ras Baraka (D) that stemmed from his visit to a U.S. Immigration and Customs Enforcement (ICE) facility earlier this month
A federal judge has ruled that the Trump administration violated a court order by sending immigrants to South Sudan who aren’t from that country. “It was impossible for these people to have a meaningful opportunity to object to their transfer to South Sudan,” U.S. District
The U.S. health care system is ill-prepared to treat pregnant patients and their infants who have endured the impacts of wildfire smoke exposure, a new study finds. Many residents of communities prone to the proliferation of wildfire smoke lack geographic access to the
A federal judge said Wednesday the Trump administration violated his order when it boarded a group of migrants on a flight headed for South Sudan earlier this week and he will issue an order requiring it to be remedied. U.S. District Judge Brian Murphy ruled the flight ran
Education Secretary Linda McMahon on Wednesday defended to House members the Trump administration's request to cut 15 percent from her department's budget. McMahon at times had contentious moments with members as she emphasized the request for a $12 billion cut as President
Immigrants are not a threat: They are a national asset.
A federal judge on Wednesday ruled that President Trump's firing of two Democrats on the Privacy and Civil Liberties Oversight Board (PCLOB) were unlawful, deeming them "null and void." U.S. District Judge Reggie Walton said that PCLOB's "responsibility" to oversee the
Republican Representative Jim Jordan was called out so much over his party’s budget bill that he had to consult lawyers to see if the bill was upending federal law. At a House Rules Committee meeting Wednesday morning, Democratic Representative Joe Neguse pointed out that
President Trump pulled South African President Cyril Ramaphosa into an extended and at times tense debate about claims of “genocide” against white farmers in South Africa, playing a video in the Oval Office to support his allegations. The otherwise cordial meeting began to