Trump instructs ‘representatives’ to buy $200 billion in mortgage bonds, aiming to lower rates

Trump instructs ‘representatives’ to buy 0 billion in mortgage bonds, aiming to lower rates

US President Donald Trump speaks during a bill signing ceremony in the Oval Office of the White House in Washington, DC, US, on Friday, Dec. 12, 2025. Francis Chung | Politico | Bloomberg | Getty Images President Donald Trump on Thursday said he is “instructing my Representatives” to buy $200 billion in mortgage bonds, claiming … Read more

Obamacare subsidies extension clears procedural hurdle in the House

Obamacare subsidies extension clears procedural hurdle in the House

U.S. House Minority Leader Hakeem Jeffries (D-NY) holds a news conference at the U.S. Capitol on Jan. 5, 2026 in Washington, DC. Joe Raedle | Getty Images A Democrat-led push to extend recently expired Obamacare subsidies cleared a procedural hurdle in the House on Wednesday with support from nine Republicans, teeing up a final vote … Read more

TikTok signs agreement to create new U.S. joint venture, memo says

TikTok signs agreement to create new U.S. joint venture, memo says

Samuel Boivin | Nurphoto | Getty Images TikTok CEO Shou Zi Chew told employees on Thursday that the company’s U.S. operations will be housed in a new joint venture. The entity is named TikTok USDS Joint Venture LLC, according to a memo sent by Chew and obtained by CNBC. As part of the joint venture, … Read more

FCC chief Brendan Carr tells Senate that his agency is ‘not formally … independent’

FCC chief Brendan Carr tells Senate that his agency is ‘not formally … independent’

Federal Communications Commission Chairman Brendan Carr told a Senate committee on Wednesday that his agency is “not formally … independent.” Shortly after Carr made that statement, the FCC apparently removed the word “independent” in a description of the agency’s work on its website. Carr’s appearance before the Senate Commerce, Science and Transportation Committee was his first … Read more

Trump defends chief of staff Susie Wiles after she says he has ‘alcoholic’s personality’

Trump defends chief of staff Susie Wiles after she says he has ‘alcoholic’s personality’

Susie Wiles, White House chief of staff, in the Oval Office of the White House in Washington, June 27, 2025. Yuri Gripas | Bloomberg | Getty Images President Donald Trump on Tuesday defended White House chief of staff Susie Wiles after she told a reporter that Trump has an “alcoholic’s personality.” Trump, in an interview … Read more

Trump wants the U.S. shipbuilding industry to be great again. Here’s what it will take, and what’s at stake

Trump wants the U.S. shipbuilding industry to be great again. Here’s what it will take, and what’s at stake

President Donald Trump has vowed to lead a revival in U.S. shipbuilding, but the success of this manufacturing renaissance in a key sector for national security will rely on the expertise from overseas. The administration’s goal of a shipbuilding boom is a part of Trump’s “Make America Great” policy agenda. Trump signed an executive order … Read more

Trump admin touts pulling nearly 10,000 truckers off road for failing English tests

Trump admin touts pulling nearly 10,000 truckers off road for failing English tests

U.S. Transportation Secretary Sean Duffy speaks during a press conference to discuss the impact of the government shutdown on air safety workers and travel at Philadelphia International Airport in Philadelphia, Pennsylvania, U.S., October 24, 2025. Rachel Wisniewski | Reuters The Trump administration said Wednesday that it has pulled nearly 10,000 commercial truck drivers off U.S. … Read more

Trump says he ‘heard’ Biden Fed appointments were signed by autopen, tells aide to investigate

Trump says he ‘heard’ Biden Fed appointments were signed by autopen, tells aide to investigate

President Donald Trump on Tuesday claimed to have “just heard” that all four of former President Joe Biden’s appointments to the Federal Reserve were approved by “autopen,” suggesting they are not authorized to serve in those roles. Trump provided no evidence for the claim, which piggybacks on his repeated assertion that all of his predecessor’s … Read more

Trump to announce $12 billion aid package for farmers caught up in trade war

Trump to announce  billion aid package for farmers caught up in trade war

Corn and soybean farmer Don Swanson prepares to harvest his corn crop as he and other Iowa farmers struggle with the effects of weather and ongoing tariffs resulting from the trade war between the U.S. and China that continue to affect agricultural business, in Eldon, Iowa, on Oct. 4, 2019. Kia Johnson | Reuters President … Read more