8 d. ago Trump says Texas is ‘entitled to five more seats’ as DNC chair readies for ‘knife fight’: Live updates

President weighed in on Texas redistricting furore in CNBC interview on Tuesday morning as Democrats prepare to fight over gerrymandering plans

Events

8 d. ago Trump says treasury chief Scott Bessent no longer being considered for Fed chair

Trump may soon name pick for open Fed board seat and Fed chair nominee, but Bessent wants to stay in current roleDonald Trump said he would “shortly” announce his pick for an open seat on the Federal Reserve’s board of governors and possibly his nominee for Fed chair as well, but that he had removed the treasury secretary, Scott Bessent, from consideration since Bessent wants to remain in his current job.In a CNBC interview, Trump called it a “pleasant surprise” that the Fed governor Adriana Kugler had decided to leave her seat now instead of when her term ends in January, a move that appears to have accelerated Trump’s decision on who to appoint to an open seat on the Fed board with possible plans to promote that person to the top policymaking role when the term of the Fed chair, Jerome Powell, ends in May. Continue reading...

Politics

8 d. ago ‘Give me a break’: Trump says he hired Fed chair Powell as a ‘favor’ after CNBC host presses him on labor bureau firing

Trump defended his recent decision to fire head of BLS while distancing himself from his past decision to hire Fed chair Jerome Powell

Politics

8 d. ago Trump teases final four contenders for Fed Chair and the big name he's already ruled out

President Donald Trump revealed who he is considering to chair the Federal Reserve if he should oust Jerome Powell.

Politics

9 d. ago Parents, don’t panic – healthy screen time for children is possible, if you follow these few simple tips | Kaitlyn Regehr

Yes, the huge firms pushing unsuitable content must be regulated. But until they are, adults can model the positive use of techDr Kaitlyn Regehr is the programme director of digital humanities at University College LondonThis summer the technology secretary, Peter Kyle, announced he was considering a two-hour “screen time” cap on children’s use of social media apps – a proposal that is not just insufficient, it’s outdated.Though appropriately placed at the start of the summer holiday – a time when kids’ screen time can increase, along with the onus on parents to ensure the safety of such engagement – Kyle’s announcement is linked to somewhat stale screen time guidance. We should indeed be thinking about moderating time on screens, but the proposed cap addresses only the quantity of consumption, not the quality. Fortunately, as someone who lectures on digital literacy (and is a mother), I can tell you there are some ways to push back and create healthier habits for children this summ...

Society

3 w. ago Trump calls Fed chair ‘a numbskull’ who ‘makes it difficult for people to buy a house’

In new attack, US president accuses Jerome Powell of preventing central bank from lowering interest ratesBusiness live – latest updatesDonald Trump has renewed his attacks on Jerome Powell, calling the US central bank chair a “numbskull” and accusing him of “making it difficult for people, especially the young, to buy a house”.The US president accused Powell of preventing the Federal Reserve from lowering interest rates to make housing more affordable. Continue reading...

Politics

3 w. ago Powell defends Fed’s management of $2.5bn headquarters refurbishment

Central bank chair has faced intense criticism from Trump administration over the project

Politics

3 w. ago Asian shares are mostly higher after Trump says he discussed firing Fed Chair Powell

World shares are mostly higher while U.S. futures are mixed after President Donald Trump rocked Wall Street by saying he had “talked about the concept of firing” the head of the Federal Reserve

Politics

3 w. ago ‘Surprised’ Trump appears to forget he appointed Powell as Fed chair before blaming Biden for keeping him on

Seeming gaffe comes a day after he fabricated a story about his uncle and Unabomber Ted Kaczynski

Politics

4 w. ago Trump’s calls it ‘highly unlikely’ he’ll fire Fed chair Powell after reportedly telling House GOP he ‘likely will soon’

The president’s public about-face on firing Jerome Powell is sure to have critics call it another TACO, or ‘Trump Always Chickens Out,’ moment.

Politics

4 w. ago Trump calls it ‘highly unlikely’ he’ll fire Fed chair Powell after reportedly telling House GOP he ‘likely will soon’

Apparent U-turn

Politics

4 w. ago Trump privately indicates he may soon fire Fed chair Jerome Powell

The US president denies he would dismiss the Federal Reserve head after reportedly drafting letter to sack himDonald Trump has privately indicated he is on the cusp of firing the Federal Reserve chair Jerome Powell, rattling Wall Street and renewing questions over the US central bank’s independence.The US president insisted on Wednesday that it was “highly unlikely” he would dismiss the Fed chair, after reports he had suggested he would and shown a draft letter dismissing Powell to political allies. Continue reading...

Politics

4 w. ago Trump says he's 'unlikely' to fire Fed chief Powell despite GOP urging

President Trump said he's 'unlikely' to fire Federal Reserve Chair Jerome Powell after months of threats.

Politics

4 w. ago How Trump could use a building renovation to oust the Fed chair

President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project

Politics

4 w. ago Chief US audit regulator pushed out by Trump’s new SEC chair

Erica Williams told staff at the Public Company Accounting Oversight Board that Atkins asked her to resign

Politics

4 w. ago Democrats demand Pam Bondi and Kash Patel be summoned for Epstein hearing

Letter calls for AG and FBI chief amid rift between Trump and supporters over files on notorious sex criminalDemocratic members of the House judiciary committee on Thursday demanded that Republicans summon the attorney general, Pam Bondi, the FBI director, Kash Patel, and their deputies for a hearing into the disgraced financier Jeffrey Epstein’s death and the sex-trafficking case against him.The letter from all 19 Democratic members on the committee to its Republican chair, Jim Jordan, comes amid a rift between Donald Trump and some of his supporters over the justice department’s conclusion, announced last week, that Epstein’s death in federal custody six years ago was a suicide, and that there is no secret list of his clients to be made public. Continue reading...

Politics

last month Trump continues attacks on Federal Reserve chair as he demands lower interest rates – live updates

Trump attacks Federal Reserve chair Jerome Powell, calling him a ‘stupid guy’ and a ‘knucklehead’ as he demands lower interest ratesWith Trump’s headache not showing any signs of going away, Politico learned that “an ally supportive of the Trump DOJ’s handling of the Epstein case, has pitched senior White House officials on the idea of Bondi and deputy attorney general Todd Blanche doing an all-questions-addressed news conference in an attempt to exhaust the press and put the story to bed.”Maga influencer and far-right activist Laura Loomer also told Politico on Sunday that “there should be a special counsel appointed to do an independent investigation of the handling of the Epstein files so that people can feel like this issue is being investigated, and perhaps take it out of [Pam Bondi’s] hands, because I don’t think that she has been transparent or done a good job handling this issue”. Continue reading...

Politics