Goldman Sachs: Proposed U.S. Oil Tariffs Could Cost Foreign Producers $10 Billion Annually
Goldman Sachs has warned that a proposed 10% tariff on foreign oil imports could cost producers outside the U.S. up to $10 billion annually. President Donald Trump plans to impose a 25% tariff on...
Trump Administration Asks Supreme Court to Allow Firing of Whistleblower Agency Chief
The Trump administration has asked the U.S. Supreme Court to intervene in its bid to remove Hampton Dellinger as the head of the Office of Special Counsel, a watchdog agency that protects government whistleblowers....
Trump Loses Court Battle Over Federal Funding Freeze as Appeals Court Rejects Request
In a setback for President Donald Trump’s administration, the 1st U.S. Circuit Court of Appeals declined to pause a federal judge’s ruling requiring the government to continue delivering funds, rejecting the Justice Department’s argument...
Trump Administration Ends Sanctions Task Force Targeting Russian Oligarchs
The U.S. Justice Department, under President Donald Trump, has disbanded Task Force KleptoCapture, a key initiative launched in response to Russia’s 2022 invasion of Ukraine. The task force, created during President Joe Biden’s tenure,...
Trump Signs Executive Order Banning Transgender Women and Girls from Competing in Female Sports
On February 5, 2025, U.S. President Donald Trump signed an executive order prohibiting transgender women and girls from participating in female sports, a move that supporters claim will restore fairness to women’s athletics. The...
Maryland and Civil Rights Groups Sue Trump Over Executive Orders on Diversity Programs
The city of Maryland, along with three civil rights groups, filed a lawsuit on Monday against former U.S. President Donald Trump and his administration, challenging two executive orders aimed at dismantling diversity programs. The...
Trump Administration Ends Deportation Relief for Over 300,000 Venezuelans
According to a New York Times report citing government documents, the Trump administration has terminated deportation relief for more than 300,000 Venezuelans living in the United States. This decision affects nearly half of the...
Trump’s Push for Global Interest Rate Cuts Gains Traction — But Not at Home
The European Central Bank (ECB) and Bank of Canada recently cut interest rates, with the Bank of England likely to follow suit next week. These moves aim to support struggling economies amidst global uncertainties...
Kennedy Defends Vaccine Views at Senate Health Secretary Confirmation Hearing
Robert F. Kennedy Jr., President Donald Trump’s nominee to lead the U.S. Department of Health and Human Services, faced intense scrutiny during a Senate Finance Committee confirmation hearing on January 29, 2025. Democratic lawmakers...
Trump Signs Executive Order to End Federal Support for Transgender Youth Healthcare
Former President Donald Trump on Tuesday issued an executive order ending all federal funding and support for transgender healthcare for minors, including puberty blockers and hormone therapy. The directive fulfills a campaign pledge to...