Tom Howell Jr.

Trump says he is removing Lisa Cook from the Fed board

President Trump said Monday he is removing Lisa Cook from her position as a governor on the Federal Reserve board, saying there is "sufficient reason" to believe she made false statements on personal mortgage documents.

August 25, 2025

Trump says Intel stake is the start of a government-private sector trend

President Trump said Monday that a deal with chipmaker Intel is just the beginning of a push to give the U.S. government a stake in private companies.

August 25, 2025

Kennedy Center will host World Cup draw in December, Trump says

President Trump says the World Cup draw will take place on Dec. 5 at the Kennedy Center in Washington.

August 22, 2025

Canada withdraws retaliatory tariffs on U.S. goods to facilitate trade talks

Prime Minister Mark Carney said Canada is withdrawing reciprocal tariffs on U.S. goods, hoping to soften the ground before a review of the North American trade agreement later this year.

August 22, 2025

Trump threatens to fire Lisa Cook as Fed governor over mortgage allegations

President Trump says he will move to fire a Federal Reserve governor, Lisa Cook, if she doesn't resign over allegations she committed mortgage fraud.

August 22, 2025

Federal Reserve Chair Powell signals conditions may ‘warrant’ policy change, hinting at rate cut

Federal Reserve Chairman Jerome H. Powell is signaling that a long-awaited cut to interest rates may be warranted in September.

August 22, 2025

Trump’s enforcer Pulte works to reshape the Fed and investigate Democrats over mortgages

A relatively obscure housing regulator is emerging as one of President Trump's loudest attack dogs.

August 21, 2025

Walmart sales outlook improves despite new tariff costs

Walmart raised its sales outlook for the year on Thursday, even though its tariff-related costs are rising.

August 21, 2025

Federal Reserve Chairman Powell eyes long-awaited rate cut in September

The Federal Reserve is increasingly likely to cut interest rates at its meeting in September, as worries about potential inflation compete with new concerns about a slowdown in hiring.

August 20, 2025

Trump calls on Fed governor Lisa Cook to resign over mortgage fraud claim

President Trump urged one of the Federal Reserve's governors, Lisa Cook, to resign on Wednesday after a top housing official accused her of potential mortgage fraud.

August 20, 2025

Retailers scramble to adjust to new reality under tariffs

Major retailers say they will increase prices or reorganize their supply chains in response to cost pressures from President Trump's tariffs.

August 20, 2025

National intel chief Tulsi Gabbard strips security clearances from 37 current and former officials

President Trump's intelligence director is revoking the security clearances of more than three dozen former and current officials on claims they "abused the public trust" by manipulating or politicizing intelligence.

August 20, 2025

Bessent will interview 11 candidates to replace Powell at Fed

Treasury Secretary Scott Bessent said Tuesday he plans to interview nearly a dozen "very strong" candidates to replace Jerome Powell as chair of the Federal Reserve.

August 19, 2025

Zelenskyy sports more formal attire for follow-up meeting at the White House

Ukrainian President Volodymyr Zelenskyy on Monday donned a more formal new look for his high-stakes White House meeting with President Trump.

August 18, 2025

Trump pledges to rid U.S. of mail-in votes and some voting machines, deeming them a ‘scam’

President Trump said Monday he will lead a "movement" to scrap mail-in ballots and certain voting machines from U.S. elections, saying paper ballots with watermarks are more reliable.

August 18, 2025

India’s oil purchases from Russia must stop, Peter Navarro writes in a stinging op-ed

White House trade adviser Peter Navarro says India is fueling Russia's invasion of Ukraine with its continued purchases of Russian oil and must stop.

August 18, 2025

Coffee industry braces for impact of Brazil tariffs: ‘Cause for concern’

Americans consume over 1.6 million tons of coffee each year. That morning fix is set to get more expensive.

August 15, 2025

Abbott calls second special legislative session to push redistricting in Texas

Texas Gov. Greg Abbott urged "delinquent" state House Democrats to return to Austin on Friday as he called a second special legislative session that hinges on a controversial redistricting plan.

August 15, 2025

Wholesale prices rose faster than expected in July, says Bureau of Labor Statistics

Wholesale prices rose 0.9% in July, exceeding Wall Street forecasts and potentially hurting President Trump's push for interest-rate cuts from the Federal Reserve.

August 14, 2025

Texas Democrats weigh return, urge Gov. Abbott to focus on flood recovery instead of redistricting

Texas Democrats said Wednesday they will "issue demands" for a planned second special session as they consider whether to return to Austin when the current special session adjourns Friday.

August 13, 2025