Forklift operators move shipping containers at Port Everglades in Fort Lauderdale, Fla., on April 20, 2026. Joe Raedle/Getty Images A federal appeals court on May 12 temporarily put on hold a lower court ruling striking down the Trump administration’s global tariffs. On May 7, the U.S. Court of International Trade voted 2–1 to invalidate the
Kevin Warsh, President Donald Trump’s nominee for Chair of the Federal Reserve, testifies during his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing in Washington on April 21, 2026. Andrew Harnik/Getty Images Kevin Warsh will be returning to the Federal Reserve Board of Governors. The U.S. Senate voted 51–45 to approve Warsh’s nomination
Washington — Marty Makary resigned as commissioner of the Food and Drug Administration on Tuesday, according to two sources familiar with the matter, stepping aside amid a swirl of reports that his tenure was coming to an end over internal policy disagreements. His departure follows reports of conflict and tension over the FDA’s agenda. On
Top Pentagon policy official Elbridge Colby is set to meet with the Republican Study Committee Wednesday, according to a person granted anonymity to describe the plans. Colby is likely to address a massive new military funding request with the sprawling group of conservative lawmakers — a day after his boss, Defense Secretary Pete Hegseth, testified
Language that would restrict government officials’ engagements with digital assets is a key demand for Senate Democrats.
The House Appropriations Committee holds a budget hearing on the United States Navy and Marine Corps at 2 p.m. ET on May 12. Witnesses: Hung Cao — acting secretary of the Navy Adm. Daryl Caudle — chief of naval operations Gen. Eric M. Smith — commandant of the Marine Corps Original News Source Link –
The House Appropriations Committee holds a budget hearing on the United States Navy and Marine Corps at 2 p.m. ET on May 12. Witnesses: Hung Cao — acting secretary of the Navy Adm. Daryl Caudle — chief of naval operations Gen. Eric M. Smith — commandant of the Marine Corps Original News Source Link –