Bessent Calls for ‘Fundamental Reset’ of Financial Regulations

Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Capitol Hill on June 11, 2025. Madalina Vasiliu/The Epoch Times Treasury Secretary Scott Bessent on Monday called for a “fundamental reset” of financial regulations to ensure they are aligned with the nation’s domestic and international priorities. Speaking at the Federal Reserve Capital

Senators Weigh Canceling August Recess to Confirm Trump Nominees

Senate Majority Leader John Thune (R-S.D.) (C), accompanied by Sen. John Barrasso (R-Wyo.) (L) and Sen. Mike Crapo (R-Idaho) (R), speaks to reporters off the Senate floor after the Senate’s passage of the “One Big Beautiful Bill Act” at the U.S. Capitol on July 1, 2025. Andrew Harnik/Getty Images WASHINGTON—Senators are considering whether or not

Garbarino Poised to Lead House Homeland Security Panel After Green’s Exit

Rep. Andrew Garbarino (R-N.Y.) departs from a House Ethics Committee closed-door meeting in the Longworth House Office Building in Washington on Nov. 20, 2024. Kevin Dietsch/Getty Images Rep. Andrew Garbarino (R-N.Y.) will likely take the helm of the House Homeland Security Committee, replacing Rep. Mark Green (R-Tenn.) after he retired over the weekend. Garbarino won

Who Will Succeed Fed Chair Jerome Powell? Here Are the Top Contenders

Federal Reserve Chairman Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on Capitol Hill in Washington on Feb. 11, 2025. Madalina Vasiliu/The Epoch Times The search for a replacement for Federal Reserve Chair Jerome Powell is underway at the White House. While President Donald Trump has confirmed that Powell will

What to Know About Trump Admin’s Dispute With Brazil Over the Bolsonaro Trial

Former Brazilian President Jair Bolsonaro waves to supporters as he leaves the hospital after a weeks-long surgical stay, in Brasilia, Brazil, on May 4, 2025. Eraldo Peres/AP Photo President Donald Trump and the Brazilian government are increasingly at odds over the handling of embattled former Brazilian President Jair Bolsonaro’s ongoing trial related to an alleged

Philippine President Marcos to Meet Trump for Trade Talks

President of the Philippines Ferdinand Marcos speaks during a meeting with US Secretary of Defense Pete Hegseth at the Pentagon in Washington, DC on July 21, 2025. Photo by Saul Loeb/AFP WASHINGTON—Philippine President Ferdinand Marcos Jr. will meet with President Donald Trump at the White House on Tuesday for bilateral talks focused on security and

Philippine President Marcos Meets With Trump for Trade, Security Talks

President of the Philippines Ferdinand Marcos speaks during a meeting with US Secretary of Defense Pete Hegseth at the Pentagon in Washington, DC on July 21, 2025. Photo by Saul Loeb/AFP WASHINGTON–President Donald Trump told Philippine President Ferdinand Marcos Jr. the two nations are recalibrating their ties and minimizing influence from the Chinese Communist Party,