Politics
All the latest news stories about politics, from elections and law-making to the subtle shifts that change our lives—and our finances
FDA takes aim at Hims & Hers, weight loss drugs in new advertising blitz
The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.
Treasury Chief Says U.S. Trade Deal with China is Nearing
Treasury Secretary Scott Bessent said Tuesday that a U.S./China trade agreement is within reach, with talks growing “more and more productive”.
Embattled Fed Gov. Lisa Cook says she’ll sue Trump to keep her job
Federal Reserve Gov. Lisa Cook's lawyer says she'll sue President Donald Trump's administration to try to prevent him from firing her. Longtime Washington attorney Abbe Lowell said Tuesday that Trump “has no authority to remove” Cook. If Trump succeeds in removing Cook from the Fed's board of governors, it could erode the Fed’s political independence, which is considered critical to its ability to fight inflation because it enables the Fed to take unpopular steps like raising interest rates. The Republican president said Monday he was removing Cook because of allegations she committed mortgage fraud. Cook was appointed by Democratic President Joe Biden in 2022 and says she won't step down.
Fed Chair Jerome Powell to Deliver Keynote at Jackson Hole
Federal Reserve Chair Jerome Powell is preparing to deliver what’s likely his final keynote at the Fed’s annual Jackson Hole gathering.
Fed official says she won’t be ‘bullied’ by Trump into resigning
Federal Reserve governor Lisa Cook late Wednesday said she wouldn’t leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.
Trump Has Made $100M in Bond Purchases Since Retaking Office
President Donald Trump has made at least $100 million in bond purchases since taking office, according to newly released filings.
MAHA’s New Path: Research, Refinement, and Regulated Restraint
Politico's Marcia Brown breaks down the MAHA draft roadmap: industry-friendly, light on regulation, heavy on research and voluntary food policy changes.
The White House Makes Official TikTok Account
The White House has officially launched its first TikTok account, aiming to reach the platform’s roughly 150 million U.S. users.
Reuters: Trump Eyes U.S. Stakes in More Chipmakers
Trump, through Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, is exploring taking equity stake in semiconductor manufacturing.
Trump Meets Zelenskyy at White House to Discuss Ukraine Peace Deal
President Donald Trump hosted Ukrainian President Volodymyr Zelenskyy and European leaders at the White House on Monday to discuss a potential peace agreement.
U.S. Cancels Trade Talks with India Amid Tariff Woes
The U.S. abruptly canceled planned trade talks in New Delhi, which was scheduled for the last week of August, just ahead of a new 25% tariff on Indian goods.
