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
President Donald Trump publicly admonished Minneapolis Mayor Jacob Frey after Frey said city authorities would not assist federal immigration agencies in enforcing immigration laws. The exchange came as federal immigration activity in Minneapolis appeared to alternate between more targeted operations and broader patrols, following two fatal shootin…
U.S. Secretary of State Marco Rubio will appear before the Senate Foreign Relations Committee to answer questions about the Trump administration's operation in Venezuela and its broader policy toward the country. The hearing follows a contentious period in which senators nearly passed a resolution to restrict presidential military action in Venezue…
President Trump’s hardline immigration campaign, which helped secure his 2024 victory, is showing growing signs of political cost. A Reuters/Ipsos poll finds approval of his immigration approach at its lowest point since inauguration, and intense enforcement operations in Minneapolis have provoked national controversy after two protest-related fata…
A Tazewell County judge blocked Virginia Democrats’ effort to place a constitutional amendment before voters that would allow the legislature to redraw congressional districts. The decision, citing procedural timing issues tied to last November’s election, pauses a maneuver that Democrats said could net as many as four additional U.S. House seats a…
President Donald Trump said the man fatally shot by a federal agent during an immigration enforcement action in Minneapolis should not have been carrying a firearm or fully loaded magazines, comments that drew criticism from gun rights organizations and some Republicans. The shooting, which has been captured on bystander video, prompted a White Hou…
Federal statements issued after a series of violent encounters involving U.S. immigration officers - including two fatal shootings in Minneapolis this month - were repeatedly at odds with video recordings, court filings and medical examiner findings, a Reuters review found. The discrepancies span six cases in Minneapolis, Chicago and Texas, and inc…
House Democratic leaders have issued an ultimatum to remove Homeland Security Secretary Kristi Noem following recent shootings by Immigration and Customs Enforcement agents that killed two U.S. citizens with no criminal records. Democrats say they will open impeachment proceedings if Noem is not dismissed immediately, but with Republicans controlli…
Eleanor Holmes Norton, a veteran civil rights attorney who has represented Washington, D.C. in Congress as a non-voting delegate since 1990, announced she will retire next year. Norton, 88, framed her decision around a responsibility to hand leadership to a new generation amid questions about her fitness and effectiveness as the House's oldest memb…
Federal suspension of financing for a $17.2 billion Hudson River tunnel project means crews will halt work on Feb. 6 unless the Trump administration reverses its decision, a New Jersey congressman said. The tunnel, a replacement for infrastructure damaged in 2012, links New York City and New Jersey and serves a region responsible for 10% of U.S. ec…
Gregory Bovino has been taken out of his assignment as the U.S. Border Patrol's "commander at large" and will go back to his former position in California, with reports indicating he is expected to retire soon. The move was reported by The Atlantic, which cited a Department of Homeland Security official and two individuals with knowledge of the cha…
A sharp dispute at a leading Silicon Valley venture capital firm erupted after a partner defended the fatal shooting of a 37-year-old man by immigration agents in Minneapolis. The episode has heightened tensions inside the tech industry as executives, employees and investors respond to a month of deadly federal immigration enforcement actions.
A recent nationwide online poll finds American approval of the president's immigration policy at 39%, its lowest since his return to office, while 53% disapprove. The survey, taken around a fatal confrontation involving immigration officers in Minneapolis, also shows a large plurality saying immigration enforcement has gone "too far." Overall presi…
On Jan. 26, attorney Chris Madel withdrew from the Republican primary for Minnesota governor, condemning what he called retaliatory federal action in the state after confrontations over intensified immigration enforcement that resulted in two fatal shootings. Madel said the scope of the Immigration and Customs Enforcement operation in Minneapolis e…
The White House said President Donald Trump does not want people harmed on U.S. streets but will continue efforts to deport what it describes as 'violent criminal illegal aliens' in Minnesota, after federal officers fatally shot 37-year-old nurse Alex Pretti. Video from the scene contradicts the administration's initial account of events, and Minne…
Wolfe Research warns that a partial U.S. government shutdown is increasingly probable after Jan. 30 as Senate Democrats coalesce against current Department of Homeland Security funding language and a major snowstorm reduces available legislative days. The stalled six-bill minibus spans six appropriations subcommittees and accounts for more than 75%…
Raymond James analysts say geopolitical risk is still high despite a temporary calming of the Greenland dispute. In a Monday note, the firm highlights five themes likely to influence markets: the Greenland episode, Iran-related military buildup, Japan's surprise snap election and resulting government-debt moves, new U.S. seabed-mining policy and a …
An 8th U.S. Circuit Court of Appeals panel declined to grant the Justice Department's request to authorize arrest warrants for five more people tied to a Minnesota church demonstration, underscoring judicial resistance to the administration's aggressive prosecutorial push. A magistrate judge earlier approved charges against three alleged organizers…
The current administration resisted broadening body-worn camera use by immigration officers and sharply reduced staffing for internal oversight units as it redeployed agents to Minneapolis and other cities. By-stander video from two fatal shootings has highlighted the role of cameras in scrutinizing official accounts. The administration sought stee…
Two fatal shootings by federal officers in Minneapolis have intensified scrutiny of the Trump administration's large-scale immigration enforcement operation, prompting partisan clashes in Congress, unease among some Republicans and gun-rights advocates, and renewed calls from Democrats to block funding for agencies that oversee ICE ahead of a loomi…
Senior administration figures defended the fatal shooting of Alex Pretti by federal immigration agents in Minneapolis, asserting the agents acted in self-defense after alleging Pretti assaulted officers and obstructed a law enforcement operation. Multiple bystander videos reviewed by Reuters appear to show Pretti holding a phone rather than a gun a…
A man shot by federal agents in Minneapolis on Jan. 24 has died, marking the second lethal encounter involving federal officers in the city this month. The Department of Homeland Security said the unidentified man was armed with a handgun and two magazines. Video shared on social media shows a struggle on a snow-covered street followed by gunfire. …
Minnesota Governor Tim Walz said federal agents shot another person in Minneapolis and urged the White House to end the Trump administration's immigration enforcement operations in the state. Walz said he spoke with the White House after the incident and called for the removal of federal officers. Minneapolis officials said they were investigating …
A recent wave of federal immigration enforcement in Minneapolis has prompted a broad grassroots mobilization within the city's Somali community. Volunteers now patrol neighborhoods, distribute legal-rights materials and escort vulnerable residents after reports of aggressive tactics by agents. Community leaders and local officials say the operation…
The U.S. National Park Service has taken down an exhibit about slavery and George Washington's ownership of enslaved people from the President’s House Site, located in Independence National Historical Park, Philadelphia. This action aligns with directives issued by the Trump administration to reassess interpretive materials at federal sites for acc…
The U.S. House of Representatives ended in a 215-215 tie on a resolution aimed at limiting President Donald Trump’s authority to conduct military operations in Venezuela without congressional consent. This outcome follows a similar stalemate in the Senate, underscoring ongoing debates over presidential war powers and the appropriate role of Congres…
