Trump Admin Will Ask Congress to Codify Spending Cuts, OMB Official Says

Eric Ueland, acting OMB chief of staff, testifies at his nomination hearing before the Senate Committee on Homeland Security and Government Affairs. President Donald Trump will ask Congress to codify spending cuts, a top official at the Office of Management and Budget (OMB) said on April 3. At his nomination hearing, Eric Ueland, the acting

Senate Confirms Mehmet Oz to Head Medicare and Medicaid

In a party-line vote, Democrats opposed Oz over questions regarding cuts to Medicaid, while Republicans praised his intention to reform the program. Dr. Mehmet Oz has been confirmed as administrator of the Centers for Medicare and Medicaid Services. The Senate approved the former attending physician at New York-Presbyterian Hospital and professor of surgery at Columbia

US Stocks Tumble After Trump Reveals Tougher-Than-Expected Global Tariffs

Energy, technology, and consumer discretionary sectors took the hardest hits, with losses around 7 percent. Industrials and financials fell by about 5 percent. U.S. stocks saw a sharp decline on April 3 after President Donald Trump imposed steep tariffs on many nations during a White House Rose Garden address on April 2, marking a new

Here’s How Much the US Is Tariffing Each Country

Aside from a universal 10 percent levy, roughly 60 countries will be hit with additional reciprocal tariffs. By Jacob Burg, Savannah Hulsey Pointer | April 03, 2025Updated:April 03, 2025 President Donald Trump on April 2 unveiled sweeping global tariffs aimed at reviving American manufacturing and countering what he describes as decades of unfair trade practices

Top Health Officials Placed on Leave as HHS Fires 10,000 Workers

High-level officials at the National Institutes of Health and the Food and Drug Administration were placed on leave. Top officials inside the Department of Health and Human Services (HHS) have been placed on leave, including Dr. Jeanne Marrazzo, who succeeded Dr. Anthony Fauci as director of the National Institute of Allergy and Infectious Diseases, as

Ford Announces ‘Employee Pricing’ for All Shoppers After Trump’s Tariffs

U.S. tariffs on auto imports went into effect on Thursday. Ford Motor Co. announced on Thursday that it will extend its employee pricing to all shoppers in the wake of widespread tariffs that were announced by President Donald Trump, including 25 percent duties on foreign-made cars that went into effect on Thursday. Framing its announcement