Democrats Decry Spending Cuts in Trump’s 2026 Budget Proposal

The proposal seeks $163 billion in cuts to non-defense programs, a 22.6 percent decline from 2025. Many progressive policy initiatives would be eliminated. WASHINGTON—Democrats expressed their objection to President Donald Trump’s fiscal year 2026 budget proposal, criticizing the proposed big cuts to social spending programs. The Trump administration on May 2 published an extract of

How crypto has increased the Trump family’s net worth

President Trump’s venture into crypto products has increased his family’s wealth by billions in the last six months, according to a new report, as his administration continues to loosen the federal government’s regulatory approach to the digital currency industry as a whole.  The group State Democracy Defenders Action estimated in a new report that the

Trump-linked crypto firm raises concerns about possible conflicts of interest

Trump-linked crypto firm raises concerns about possible conflicts of interest – CBS News Watch CBS News One industry that has greatly benefited from President Trump’s first 100 days back in office is the crypto community. Jo Ling Kent reports on one crypto firm that’s closely-affiliated with the Trump family, whose association has raised concerns about

Judge finds Trump executive order targeting Perkins Coie is unconstitutional

Washington — A federal judge ruled Friday that President Trump’s executive order targeting the law firm Perkins Coie is unconstitutional and permanently blocked the administration from enforcing it. In a 102-page decision, U.S. District Judge Beryl Howell ruled in favor of the firm and said Mr. Trump’s directive that sought to punish it sent the

Transportation Secretary Cancels $54 Million in University Grants Tied to DEI, Climate Agenda

Sean Duffy says the grants pushed ‘radical DEI and green agenda’ instead of focusing on taxpayers’ transport needs. Transportation Secretary Sean Duffy on Friday announced the termination of seven federally funded university research grants totaling $54 million, saying the programs are wasteful and ideologically divisive projects that fall outside the scope of the Department of