Political developments with market and economic implications.
Coverage of political events, elections, legislation, and regulatory changes that influence markets and economic policy. Focuses on political risk, fiscal decisions, and policy uncertainty relevant to investors.
909 total articles
The U.S. Senate voted unanimously to immediately prohibit sitting senators, Senate staff and officers from taking part in prediction markets that permit wagering on real-world outcomes. The rule change was led by Republican Senator Bernie Moreno, and an amendment from Democratic Senator Alex Padilla expanded the restriction to cover Senate employee…
The U.S. Senate unanimously passed an immediate rule change prohibiting current senators, Senate staff and other officers from using prediction markets that function as a form of gambling on real-world events. Sponsored by Republican Senator Bernie Moreno and expanded to include staff through an amendment by Democratic Senator Alex Padilla, the mea…
An Illinois accountability panel assembled by Governor JB Pritzker has called for local prosecutorial inquiries into federal immigration officers following a report that details a pattern of alleged excessive force and widespread use of chemical agents during a large-scale enforcement operation in the Chicago area.
Maine Governor Janet Mills announced she will not pursue a challenge to Republican U.S. Senator Susan Collins, saying a lack of necessary campaign funds made continuation impossible. Her exit elevates progressive candidate Graham Platner as the principal Democratic hopeful in a Senate contest that is considered pivotal to Democrats' hopes of regain…
Beijing this month issued trade regulations that create legal grounds to penalize foreign companies that move sourcing away from China. The measures arrive weeks before President Donald Trump’s May 14-15 meeting with Xi Jinping and have provoked concern among U.S. firms and analysts. Washington’s public reaction has been limited, with senior agenci…
The Supreme Court's ruling that narrows key voting-rights protections removes a longstanding legal check on how state legislatures draw congressional districts. Republican lawmakers may use the decision to dismantle Democratic-held, majority-Black or Latino districts in Southern states, a move that could reshape the electoral map through 2028. Tigh…
A recent U.S. government filing and a separate review of security footage have created uncertainty over who fired the round that struck a Secret Service officer during an attempted attack at a White House Correspondents' Association dinner. The pretrial detention motion describes the suspect firing a shotgun toward the ballroom stairs, but does not…
House Republican leadership on Wednesday secured passage of a procedural rule that will allow debate on renewing warrantless domestic surveillance powers under the Foreign Intelligence Surveillance Act (FISA). After more than two hours of voting and pressure from party leaders and Trump administration officials, the rule passed 216 to 210. The reau…
Federal prosecutors in Chicago have informed defense attorneys they will dismiss the main conspiracy charge against four people accused of obstructing a federal agent during a September protest at a Broadview, Illinois, detention facility. The defendants will continue to face misdemeanor counts of impeding a federal officer; two other co-defendants…
A foiled armed attack near the White House Correspondents' Association Dinner has sharpened scrutiny of the century-old gala, reviving long-standing ethical concerns about journalists socializing with officials and raising new questions about security for high-profile media events. Organizers say they will review the incident as officials and comme…
Former FBI Director James Comey appeared in federal court in Alexandria, Virginia on April 29 after surrendering to authorities a day following a federal indictment tied to a social media post prosecutors say threatened President Donald Trump. Comey was booked on two counts, including threatening the life of the president and transmitting threats a…
The U.S. Supreme Court, in a 6-3 decision, upheld a lower court order blocking a Louisiana congressional map that added a second Black-majority district. The courts found the legislature's redrawing relied too heavily on racial considerations, violating the constitution's equal protection guarantee. The ruling comes amid national disputes over redi…
The chairman of the Republican-led U.S. House Judiciary Committee has requested testimony from the Southern Poverty Law Center's interim president following a criminal indictment last week. The indictment alleges the civil rights group defrauded donors by employing paid informants to penetrate far-right groups. The SPLC has rejected the charges, an…
Saturday’s shooting at a Washington black-tie gala attended by President Donald Trump did not cause any fatalities, but it highlighted how U.S. law prescribes who would assume presidential duties if the president or other senior officials were incapacitated. The Constitution and federal statutes set eligibility rules and an ordered list of successo…
The Republican-controlled U.S. Senate on April 28 rejected a Democratic-led effort to bar the president from taking military action against Cuba without explicit congressional authorization. A 51-47 procedural vote, driven largely by party allegiance, halted the war powers resolution after Republicans argued no active hostilities exist and raised p…
The U.S. State Department said it will produce a limited number of commemorative passports incorporating customized artwork for the 250th anniversary of the Declaration of Independence in July. Renderings show a portrait of President Donald Trump displayed inside the passport opposite an image of the signing of the Declaration. Officials said secur…
Over 70 House Democrats have urged President Donald Trump to preserve measures that bar Chinese automakers from building or selling passenger vehicles in the United States. Led by Representatives Debbie Dingell and Ro Khanna, the group cited national security concerns and sought action to prevent any entry of Chinese carmakers into the U.S. market.…
A Reuters/Ipsos poll completed on Monday finds President Donald Trump's approval rating at 34%, the lowest of his current term. The survey shows weakening public confidence on the cost of living as gasoline prices jump following U.S. and Israeli military operations against Iran and shipping disruptions in the Strait of Hormuz.
A Reuters/Ipsos national poll completed over four days and released April 28 finds President Donald Trump's overall approval rating at 34%, the lowest of his current term. The survey points to growing dissatisfaction with his handling of the cost of living and notes the broader political backdrop of the U.S. and Israel's war with Iran and a recent …
Lawmakers from both major parties introduced and advanced multiple AI-related bills this week focused on child safety, transparency and workforce cybersecurity training. A Senate proposal would require chatbot firms to offer family accounts enabling parental oversight, while House legislators unveiled a separate measure to support AI research, stan…
The White House has rescinded President Donald Trump’s nomination of Scott Socha, a hospitality executive with Delaware North, to head the National Park Service (NPS). The administration offered no explanation for the move. The withdrawal occurs as the agency remains under acting management and amid broader disputes over interpretive signage and ex…
The U.S. Department of Homeland Security said past statements expressing what it calls extremist views by green card and naturalization applicants will prompt closer review by immigration officers. The guidance, which cites examples including criticism of Israel and participation in pro-Palestinian protests, has drawn criticism from civil liberties…
Saturday’s shooting at a Washington black-tie event attended by President Donald Trump and numerous senior officials did not produce fatalities, but it renewed questions about who would assume presidential authority if the president or other senior leaders were killed or incapacitated. U.S. law establishes a sequence of successors that reaches from…
April 27 - Florida Governor Ron DeSantis proposed a new congressional map intended to turn four Democratic-held U.S. House seats to Republican control in November. He has summoned lawmakers for a special session beginning Tuesday to consider the plan, which would raise Republican representation from 20 to a likely 24 of the state’s 28 seats, and is…
The U.S. Supreme Court formally reinstated a Republican-drawn Texas congressional map that a lower court had blocked as likely racially discriminatory. The decision, reflecting the court's 6-3 conservative majority, revives an August 2025 plan that could flip as many as five Democratic-held U.S. House seats to Republican control and comes as both p…
