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
Twenty-five states and the District of Columbia have asked a federal judge in Rhode Island to block the Department of Homeland Security from withholding portions of disaster-preparedness grant funding unless states comply with new election administration measures announced by the administration. The suit argues the federal action exceeds DHS and FE…
The Trump administration has sent lawmakers a set of policy requests tied to renewing federal surface transportation programs, calling for permanent daylight saving time, redirected spending away from bicycle and mass transit programs, cuts to electric vehicle charger funding, and accelerated permissioning for robotaxis. The Transportation Secretar…
The Republican-controlled U.S. House of Representatives passed a war powers resolution directing President Donald Trump to end U.S. military action against Iran unless Congress authorizes it, while the Senate rejected a comparable motion later the same day. The House vote was 214-208 with four Republicans joining Democrats; the Senate blocked its m…
The U.S. House of Representatives approved a resolution instructing President Donald Trump to stop military operations against Iran without authorization from Congress. The measure passed 214-208 with four Republicans joining Democrats. Lawmakers cast the vote after the administration announced increased strikes and additional U.S. service member d…
The U.S. House of Representatives approved a war powers resolution directing the president to end U.S. military participation in hostilities with Iran unless Congress provides authorization. The 214-208 vote included support from four Republicans and follows an uptick in regional strikes and U.S. air operations.
Senate Health, Education, Labor, and Pensions Committee Chair Bill Cassidy said he intends to vote to move Erica Schwartz's nomination for Centers for Disease Control and Prevention director forward. Schwartz was nominated by President Donald Trump. Cassidy called her capable in an opening statement at the committee meeting, adjourned the panel and…
The U.S. House passed its version of the fiscal 2027 National Defense Authorization Act, approving $1.15 trillion in military authorizations by a 216-212 margin. The vote fell largely along party lines, with most Republicans in favor and most Democrats opposed, amid disputes over the bill's price tag, ongoing costs of the Iran war and a provision e…
New York City Mayor Zohran Mamdani announced he lacks the legal power to have Israeli Prime Minister Benjamin Netanyahu arrested in the city despite an International Criminal Court arrest warrant. Independent legal experts cite U.S. non-membership in the ICC, a 2002 U.S. statute barring extradition to the court, and diplomatic and head-of-state imm…
The U.S. Justice Department has asked New Jersey to provide identifying information for about 6,600 non-U.S. citizens who were mistakenly added to the state's voter rolls, and additional details on roughly 400 people the state says cast ballots. The move intensifies a larger federal push to obtain non-public voter data from states and follows a sof…
President Donald Trump held a campaign rally in Marietta, Georgia, reiterating calls for stricter nationwide voting rules and renewing criticisms of the state's 2020 election handling. His remarks, part of an extended focus on election security, have prompted anxiety among some Georgia Republicans who say the rhetoric could discourage supporters fr…
Anthropic said it will contribute $20 million to Public First Action, a tax-exempt political organization that promotes measures to mitigate significant AI risks. The company said the gift follows a $20 million contribution made in February and emphasized the funds cannot be used to influence elections. The move comes as federal and state authoriti…
The Equal Employment Opportunity Commission voted 2-1 to publish a proposed rule that would end the long-standing requirement for employers with 100 or more workers to file annual EEO-1 reports detailing employee race and sex. The move, led by the agency's Republican majority, would also remove similar reporting obligations for unions, state and lo…
A U.S. district judge in Boston issued a temporary restraining order blocking the Department of Homeland Security from removing work authorization for tens of thousands of asylum seekers and immigrants holding Temporary Protected Status (TPS). The order, issued after immigrant rights organizations and labor unions challenged new restrictions implem…
New Jersey officials disclosed that a software error led to about 6,600 individuals who reported they were not U.S. citizens being added to the state voter rolls between June 2023 and June 2024. A preliminary state review found fewer than 400 of those individuals cast ballots. The discovery has been seized on by the White House as evidence supporti…
A U.S. district judge in Boston issued a temporary order blocking the Trump administration from implementing policies that would remove work permits from tens of thousands of asylum applicants and holders of Temporary Protected Status (TPS). The decision responds to a lawsuit by immigrant rights groups and unions challenging U.S. Citizenship and Im…
Republican nominees with conservative records emerged from Arizona’s primaries for the governor’s office and a major U.S. House seat, winning endorsements from former President Donald Trump. Democrats coalesced behind moderate challengers as both parties prepare for competitive November contests that could influence control of the U.S. House.
MAGA Inc, a political action committee aligned with former President Donald Trump, reported holdings exceeding $400 million at the end of June, up from $300 million at the start of the year, according to a Federal Election Commission filing. Large donations in June included $1 million from NASA administrator Jared Isaacman and $10 million collectiv…
Darline Graham, who was appointed to fill the Senate seat left vacant by the death of her brother Lindsey Graham, has declared she will seek a full term. In a television clip she said she has prayed and consulted family and feels capable despite anticipated challenges. Her announcement follows a direct request from former President Donald Trump to …
Britain's incoming prime minister announced immediate plans to address the cost of living and signalled a 10-year blueprint he described as the most significant overhaul of the country's political and economic model in four decades. He outlined priorities including decentralising power, expanding public control over essential services, boosting pro…
The U.S. Justice Department issued subpoenas to 14 major law firms seeking detailed records and depositions related to White House executive orders and communications with a presidential adviser. The subpoenas were disclosed in a lawsuit filed by the American Bar Association alleging an unlawful administration policy to punish firms over prior work…
A measure that would keep the United States on daylight saving time year-round, approved by the House last week, faces significant opposition in the Senate, according to Senator John Kennedy. The bill has drawn support from the White House but also objections from senators concerned about morning darkness for schoolchildren and workers. Senate lead…
Former Maine Senate President Troy Jackson has secured the committed support of a majority of delegates selected at county meetings, positioning him as the Democratic Party’s likely challenger to Republican U.S. Senator Susan Collins in the November general election, Politico reported. His gathering of delegates follows the abrupt suspension of the…
On July 18, U.S. Representative Ralph Norman announced he will seek the U.S. Senate seat in South Carolina following the death of Senator Lindsey Graham. In remarks to Fox News and statements on his campaign website, Norman emphasized alignment with President Trump’s America First agenda. The vacancy was temporarily filled by Darline Graham, who wa…
The U.S. Department of Justice has issued subpoenas to 14 major law firms for documents and depositions connected to White House executive orders aimed at law firms and related communications, including contacts with President Trump's adviser Boris Epshteyn and the American Bar Association. The subpoenas were disclosed in litigation the ABA filed a…
Federal records and accounts indicate the Trump administration conducted a sustained review of the Election Assistance Commission’s work on voting systems and its statements about the 2020 election, vetted possible new commissioners linked to Trump allies, and ultimately removed the agency’s sitting leaders, leaving the four-member panel vacant.
