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Trump tells Powell to leave

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump says Powell should ‘resign immediately’ President Trump on Wednesday called for Federal Reserve Chair Jerome Powell to resign after the overseer of Fannie

House nears finish line on health cuts

Presented by Vaccinate Your Family {beacon} Health Care Health Care The Big Story House inches toward finish line on health cuts bill House Republicans were stuck in a holding pattern late Wednesday as leadership tried to win over a handful of conservatives and some

Davidson flips to 'yes' on Trump's 'big, beautiful bill'

Rep. Warren Davidson (R-Ohio), who in May voted against the House GOP’s version of President Trump’s megabill, said Wednesday that he's a "yes" on the Senate-passed legislation. “I got to say, no one puts a deal together like President Trump, he's a master. But I think one of

Ukraine weapons freeze causes concern

Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Ukraine weapons freeze causes concern Democratic and even some Republican lawmakers are up in arms over the Pentagon’s halted shipments of certain

Tesla sales keep sinking

{beacon} Technology Technology The Big Story Tesla's sales plunge Tesla’s global sales of its electric vehicles (EV) fell more than 13 percent year-over-year in the second quarter, the company said Tuesday. © Aaron Favila, Associated Press The EV maker owned by Elon Musk

Ukraine hawks fume over weapons freeze; GOP mostly holds fire

Ukraine hawks are boiling over at the Pentagon’s decision to halt shipments of some lethal aid to Ukraine, with phone lines burning up as Kyiv and its supporters in Congress scrambled to keep supply lines open. At least two House Republicans released statements warning against

Trump says Powell should 'resign immediately'

President Trump on Wednesday called for Federal Reserve Chair Jerome Powell to resign after the overseer of Fannie Mae and Freddie Mac called for Congress to investigate Powell over past comments to lawmakers. "'Too Late' should resign immediately!!!" Trump posted on Truth

House grapples with reconciliation changes

{beacon} View Online Energy & Environment Energy & Environment The Big Story House grapples with Senate changes to megabill House leadership delayed a key vote on the "big, beautiful bill" Tuesday as lawmakers grapple with new changes introduced in the Senate. © Greg Nash

Trump begins summer on a hot streak

President Trump is entering the Fourth of July holiday on a hot streak, racking up wins with Supreme Court rulings, foreign policy, low border crossings and potentially a massive reconciliation bill containing key pieces of his agenda to top it all off. The string of positive

Pentagon says Iran nuclear program set back 1 to 2 years

The Department of Defense (DOD) estimates that Iran's nuclear program has been set back at least a year after the U.S. military bombed three vital nuclear sites last month. Chief Pentagon spokesperson Sean Parnell told reporters on Wednesday that intelligence assessments

Gimenez launches bid for Homeland Security panel chair

Rep. Carlos Gimenez (R-Fla.) announced Tuesday he would seek the top spot on the House Homeland Security Committee as current Chair Mark Green (R-Tenn.) prepares to leave Congress. Gimenez, a former fire chief, Miami mayor, and third-term congressman, argued his blend of

Court Battles: A Supreme Court Update

On July 2, The New Republic hosted a special live event: “Court Battles: A SCOTUS Update,” a conversation among TNR staff and legal experts about the end-of-session Supreme Court rulings and their legal and political ramifications. With major decisions on gender-affirming care

Torres 'unlikely' to challenge Hochul in primary

Rep. Ritchie Torres (D-N.Y.) said Wednesday he's "unlikely" to run for governor in 2026, despite earlier indications he was considering a challenge to New York Gov. Kathy Hochul's (D) reelection bid. In an interview on MSNBC's "Morning Joe," Torres said he plans to focus his

Waffle House dropping egg surcharge

Waffle House announced Tuesday it would drop a surcharge added to restaurant orders in February due to skyrocketing egg prices. “Egg-cellent news…as of June 2, the egg surcharge is officially off the menu. Thanks for understanding,” the company wrote in a Tuesday post on the

Trump agenda bill stuck in House

Plus: Administration's culture war wins {beacon} PRESIDENT TRUMP's agenda bill is caught in a quagmire in the House after a dramatic day of negotiations. Speaker Mike Johnson (R-La.) opened a procedural vote to tee up final passage for the “big, beautiful bill." The

Colorado gets new Trump portrait after he balked at last one

Colorado’s Democratic lawmakers said Thursday they would temporarily replace an $11,000 portrait of President Trump in the state Capitol with a painting donated by the White House after he previously criticized the original artwork. Former state Sen. Lois Court (D), chair of

Judge blocks Trump’s asylum ban at southern border

A federal judge on Wednesday blocked President Trump’s asylum ban at the southern border, determining it ran afoul of immigration laws protecting the rights of those seeking refuge in the U.S. The decision blocks a Day 1 order from Trump seeking to end asylum for all but those

Fannie, Freddie chief urges Congress to investigate Powell

The overseer of Fannie Mae and Freddie Mac called Wednesday for Congress to investigate Federal Reserve Chair Jerome Powell, accusing the central bank chief of lying to Congress. In a Wednesday statement, Federal Housing Finance Agency (FHFA) Director Bill Pulte accused Powell