
Politics
All the latest news stories about politics, from elections and law-making to the subtle shifts that change our lives—and our finances


Senate Approves $70 Billion Boost for Immigration Enforcement
The U.S. Senate has approved legislation providing roughly $70 billion in new funding for immigration enforcement operations.

House Delivers Rare Bipartisan Rebuke on Iran War Powers
The U.S. House of Representatives narrowly approved a measure requiring congressional authorization for continued military action against Iran.

New Fed Chair Kevin Warsh Begins Remaking the Central Bank
New Federal Reserve Chair Kevin Warsh has begun assembling his leadership team, signaling the start of a potentially significant shift in U.S. monetary policy.

New U.S. Tariff Plan Targets Imports From 60 Economies
The U.S. Trade Representative has proposed additional tariffs of up to 12.5 percent on imports from 60 economies.

Trump Shrugs Off Iran Talks as Markets Watch the Middle East
President Trump is signaling little urgency to revive negotiations with Iran, telling CNBC he "couldn't care less" if the talks collapse.

Trump's $1.8 Billion Justice Fund on Hold for Now
A controversial $1.8 billion Justice Department fund championed by the Trump administration appears to be on hold, and potentially dead.

Oil Surges After Report Iran May Halt Diplomatic Talks
Oil prices spiked sharply after reports suggested Iran could halt diplomatic talks with the United States.

Judge Halts Trump’s “Anti-Weaponization” Fund
A federal judge has temporarily blocked the Trump administration from moving forward with a controversial $1.8 billion “Anti-Weaponization Fund.”

New York Approves “Pied-à-Terre” Tax on Luxury Second Homes
New York lawmakers have approved a new pied-à-terre tax targeting ultra-luxury second homes in New York City worth more than five million dollars.

U.S. Warns Global Shippers Over Iran Strait Payments
The Trump administration is escalating economic pressure on Iran by sanctioning the country’s newly created Persian Gulf Strait Authority.

Oil Prices Tumble as Diplomatic Breakthrough Eases Supply Fears
Oil prices sank Wednesday after reports signaled progress toward a potential agreement between the United States and Iran that could reopen shipping lanes.

Oil Prices Fall on Hopes for U.S.-Iran Agreement
Global oil prices dropped sharply after reports suggested progress in negotiations between the United States and Iran.

Iran Threatens to Take War ‘Beyond the Region’
The Iran conflict is reaching a dangerous new flashpoint this morning, with both sides trading escalating warnings.

Why the Beijing Summit Could Reshape the Future of AI
Politico’s Aaron Mak breaks down the Trump-Xi Beijing summit, AI competition, semiconductor tensions and what it means for global tech.

Trump’s Fed Pick Kevin Warsh Set to be Sworn in on Friday
Former Federal Reserve Governor Kevin Warsh is preparing to officially become the next Chair of the Federal Reserve following Senate confirmation last week.

Trump Drops $10 Billion IRS Lawsuit
President Trump moved to drop his $10 billion lawsuit against the Internal Revenue Service this morning, according to court documents filed in Miami.

Kevin Warsh Confirmed as Next Fed Chair
Kevin Warsh has been confirmed as the next Federal Reserve chair, winning Senate approval in a 54-45 vote.
