House Speaker Johnson expects “rocky road” for Fed Chair Powell

Washington — House Speaker Mike Johnson said he understands President Trump’s frustration with Federal Reserve Chair Jerome Powell, but reiterated that he’s uncertain about “what the legal parameters are” if the president fires him.  Mr. Trump has lashed out at Powell, accusing him of not acting quickly enough to slash interest rates — the Fed

Trump Signs Bill to Cancel $9 Billion for Foreign Aid, Public Broadcasting

President Donald Trump signs the spending and tax legislation known as the “One Big Beautiful Bill Act,” at the White House on July 4, 2025. Ken Cedeno/Reuters President Donald Trump signed a bill on July 24 to claw back $9 billion in federal spending. Ahead of the signing, Trump said on Truth Social that the House’s