Some Republicans Join Democrats in Unease Over White House Budget Cuts
President Trump has sought to claw back funds for public broadcasting and foreign aid, sparking a fierce debate over the power of the purse.
New York Times
Trump Confronts Potential for High Oil Prices After Iran Strikes
President Trump, aware of how high gas prices could affect his popularity, demanded on social media that the U.S. “KEEP OIL PRICES DOWN.”
No Rock Stars, No Mercedes: A Russian Expo Shows the Cost of Divorce With the West
The annual economic forum in St. Petersburg used to yield multibillion-dollar deals and feature performances by global music stars. With the war in Ukraine still raging, the mood has shifted.
How Trump’s Trade War Has Whipsawed the Port of L.A.
The nation’s largest ports, in Los Angeles County, are a bellwether for the economy. They are being whipsawed as President Trump reorders global trade.
House Policy Bill Would Add $3.4 Trillion to Debt, Swamping Economic Gains
The updated findings from the Congressional Budget Office amounted to the latest dour report card for the president’s signature legislation.
Companies Ask Supreme Court to Fast-Track Challenge to Tariffs
Two toy manufacturers asked the court to greatly expedite their case, in an unusual request.
Senate Republicans Propose Key Tax Tweaks to House Bill
Party lawmakers proposed changes to the tax code that could offer the greatest benefit to businesses.
Fed’s ‘Wait and See’ Approach Is Intact as New Risks Cloud Economic Outlook
The central bank is set to hold interest rates steady for its fourth straight meeting, a pause that could be extended through the summer.
As Trump Returns to G7, Rift With Allies Is Even Deeper
In 2018, the president called for the group to embrace Russia and stormed out of the summit. Now he is seeking to shrink America’s military role abroad and embarking on a more expansive trade war.
‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control
Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.
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