Washington — Sen. Elizabeth Warren and President Trump don’t agree on much, but Warren suggests they might be able to work together on capping credit card interest rates and potentially addressing other cost-of-living issues. Mr. Trump has expressed a desire to cap credit card rates, something that Warren, a progressive Democrat from Massachusetts, has long
Despite President Trump’s social media pronouncement Sunday that “there will be no more oil or money going to Cuba — zero,” the current U.S. policy is to allow Mexico to continue to provide oil to the island, according to Energy Secretary Chris Wright and another U.S. official. Cuba desperately needs the oil, since Venezuela is
Washington — Democratic Sen. Mark Kelly of Arizona filed a civil lawsuit against Defense Secretary Pete Hegseth on Monday seeking to block the Pentagon’s efforts to downgrade his retirement rank and pay, which he claims amounts to unconstitutional retaliation against him. In a 46-page complaint, Kelly, a retired Navy captain, argued that he is the
Washington — Venezuelan opposition leader and 2025 Nobel Peace Prize winner María Corina Machado will meet with President Trump at the White House on Thursday, a White House official said. Mr. Trump has not endorsed Machado to lead Venezuela after the U.S. military operation to remove former President Nicolás Maduro, who is now facing drug trafficking
Three former chairs of the Federal Reserve and other top former economic officials are rebuking the Department of Justice for launching an investigation into Fed Chair Jerome Powell, saying the probe will undermine the central bank’s independence and hurt the U.S. economy. The statement, posted on Substack on Monday, was signed by former Fed Chairs Janet
The Federal Reserve received grand jury subpoenas from the Justice Department Friday stemming from a criminal investigation into its chair, Jerome Powell, he said in a video statement Sunday. The subpoenas threatened a criminal indictment related to Powell’s testimony before the Senate Banking Committee in June 2025, according to Powell. “That testimony concerned in part
Former Democratic Rep. Mary Peltola is launching a Senate bid to unseat incumbent Republican Sen. Dan Sullivan in Alaska. Peltola, who represented Alaska as its at-large member in the House until last year, announced her Senate campaign in a video released Monday morning. “Systemic change is the only way to bring down grocery costs, save