The justices take their time and pick their spots, but they have rejected presidential initiatives on tariffs, citizenship, the National Guard — and now the coming election.
Watch live as Treasury Secretary Scott Bessent testifies before the House Financial Services Committee on the state of the international financial system.
The deal comes despite China maintaining tariffs on U.S. energy products, including a 15% levy on LNG. The LNG tariff remains in place even after China suspended a 24% additional tariff on U.S. goods for one year.
Treasury Secretary Scott Bessent will testify Tuesday before the House Financial Services Committee on the state of the U.S. financial system, as President Trump’s economic agenda faces scrutiny amid the Iran war and tariff battles. Trump’s latest trade war with Canada, the 10-year Treasury bond yield and federal deficit, affordability concerns as the midterms inch closer and rising energy prices tied to the closure of the Strait of Hormuz are likely to come up in the hearing. Bessent has defended the president’s moves, particularly in the Middle East. The Trump administration also threatened to issue new sanctions on nations that continue to support Iran in the ongoing conflict. #bessent #house #economy
House Democratic leadership is vocally opposing a Russia sanctions bill set to come to a vote this week, but not all of their members are comfortable taking that stance just yet. Why it matters: Republicans will reportedly need some Democratic votes to make up for defections from their isolationist wing and pass the measure. - At issue for many Democrats is that the bill, named in honor of the late Sen. Lindsey Graham (R-S.C.), would allow the Trump administration to impose up to 100% tariffs on the five top importers of Russian oil. - That has forced Democrats to choose between two issues that have become shibboleths for their party: support for Ukraine and opposition to giving President Trump more power to set trade policy. State of…
Mark Carney’s anti-American crusade risks hurting Canada’s economy while strengthening China and exposing the contradictions behind his trade war with the United States. Source
President Donald J. Trump again pledged to deliver $5,000 checks to Americans if there is a Republican victory in the upcoming midterms.PULSE POINTS WHAT HAPPENED: President Donald J. Trump has again pledged to distribute $5,000 checks to all American adults if Republicans secure a victory in the upcoming November midterm elections. He made this promise […]
President Donald J. Trump again pledged to deliver $5,000 checks to Americans if there is a Republican victory in the upcoming midterms. PULSE POINTS WHAT HAPPENED: President Donald J. Trump has again pledged to distribute $5,000 checks to all American adults if Republicans secure a victory in the upcoming November midterm elections. He made this promise while speaking to reporters in Shannon, Ireland. DETAIL: Trump emphasized that the funds for these checks would come from the substantial revenue the country is generating, including tariffs. He compared this promise to previous initiatives he successfully implemented, such as the One Big Beautiful Bill Act and a $1,776 military bonus. KEY QUOTE: “The $5,000 is going to happen, 100…Open