WASHINGTON, D.C. — In a closely watched move, the Federal Reserve has enacted its first interest rate cut of the year, trimming the benchmark federal funds rate by 25 basis points. The target rate now ranges between 4.00% and 4.25%. This marks the first
WASHINGTON, D.C. — In a closely watched move, the Federal Reserve has enacted its first interest rate cut of the year, trimming the benchmark federal funds rate by 25 basis points. The target rate now ranges between 4.00% and 4.25%. This marks the first
On Monday, the Trump administration announced that nearly $500 million in federal funds will be redirected to historically Black colleges and universities (HBCUs) and tribally controlled colleges and universities (TCCUs). HBCUs and TCCUs will get a one-time investment of $495 million on top of
Florida Gov. Ron DeSantis declared a major legal victory on Thursday after a federal appeals court blocked a lower court ruling that had halted operations at Florida’s famous migrant detention facility, known as “Alligator Alcatraz.” The 11th Circuit Court of Appeals stayed a prior order from U.S. District
A federal appeals court in Washington, D.C., ruled Tuesday that Federal Trade Commission (FTC) Commissioner Rebecca Slaughter, a Biden appointee, can return to her post—for now—despite being removed by President Donald Trump as part of his broader effort to rein in independent
On Wednesday morning, a federal appeals court blocked the Trump Administration from deporting migrants accused of being members of the Venezuelan gang Tren de Aragua using an 18th-century wartime law. In a 2-1 ruling, the Fifth U.S. Circuit Court of Appeals sided
Florida’s latest migrant detention center could be in it’s final stretch. The controversial migrant detention center referred to as “Alligator Alcatraz” will soon have no detainees in it, according to an email from a state official The email was sent by Kevin
On Wednesday evening, just weeks after her confirmation, Susan Monarez was fired by the White House after refusing a demand to resign. The White House stated that, despite her expressing intent to resign, she ultimately did not — and therefore they terminated
This week president Trump made history by firing Federal Reserve board of governors member Lisa Cook. Last week, President Trump called for the resignation of Federal Reserve board of governors member Lisa Cook following allegations by the head of the Federal Housing Finance Agency (FHFA) that
This week, National Intelligence Director Tulsi Gabbard revoked security clearances for 37 current and former intelligence community officials, accusing them of politicizing and manipulating intelligence. Fox News reports that a DNI memo sent out on Monday included the names of officials who
On Monday, Ukrainian President Volodymyr Zelenskyy will attend a high-stakes White House meeting with President Donald Trump. The upcoming meeting comes on the heels of Trump’s summit with Russian leader Vladimir Putin in Anchorage on Friday, where the U.S. leader shifted from demanding a ceasefire to calling
