As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence of the renminbi.
House Speaker Mike Johnson (R-La.) will seek to heal growing friction with his Senate counterparts in remarks emphasizing unity during Senate Republicans' weekly lunch Tuesday, Axios has learned. Why it matters: House and Senate Republicans have spent months clashing over virtually every major priority, despite their control of Congress and the White House. - The disputes have ranged from ICE and Border Patrol funding , to the SAVE Act and a long-term extension of FISA . - Johnson is expected to emphasize the need for open lines of communication as Republicans gear up for reconciliation packages 2.0 and 3.0. - It will mark Johnson's first appearance at a Senate GOP lunch this year. The big picture: House conservatives increasingly…
The fight between Rep. Thomas Massie (R-Ky.) and President Trump -backed rival Ed Gallrein is now the most expensive U.S. House primary in history — and it's one of the nastiest, too. Why it matters: The race has turned into an all-out war of inflammatory accusations, savage insults and AI deepfakes. - One pro-Gallrein super PAC ad features an AI-generated Massie dining and holding hands with Reps. Alexandria Ocasio-Cortez (D-N.Y.) and Ilhan Omar (D-Minn.), accusing him of being in a "throuple" and "cheating with 'The Squad' on the America First movement." - Pro-Massie groups have attempted to brutally undermine Gallrein's MAGA credentials, labeling him "woke Eddie" and depicting the retired Navy SEAL in one AI-generated ad as a…
The tech leaders, with combined net worths exceeding $670 billion, have brought props to court and traded icy stares as their legal dispute reaches a denouement.
President Donald Trump wants to resurface the Lincoln Memorial’s Reflecting Pool by July 4. A D.C.-area foundation claims he failed to get federal reviews.