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

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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

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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

Ryan Routh, Suspect in Second Trump Assassination Plot, Can Represent Himself at Trial, Judge Says

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Ryan Wesley Routh is interviewed at a rally in Kyiv, Ukraine, on April 27, 2022. AFPTV/AFP via Getty Images Ryan Routh, the man charged with trying to assassinate President Donald Trump two months before the 2024 election, can represent himself during his upcoming trial, a federal judge ruled on July 24. U.S. District Judge Aileen

Trump’s Columbia Deal

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Columbia University and the Trump administration announced a $221 million settlement agreement on Wednesday, putting an end, for now, to the standoff between the two that had thrown the Ivy League school into a financial crisis. The deal was controversial both inside and outside the Trump administration. While the president is getting a pound of