14 mins. ago
When President Donald Trump’s name was ordered removed from the Kennedy Center this spring, it seemed that an opening to move on from his reign over the performing arts center might have emerged.
“I have instructed the Department of Commerce to make all necessary arrangements with Congress to allow a full and complete transfer of this Institution, giving them the responsibility for its Operation, Maintenance, and Management,” the president wrote in a late-May Truth Social post, seemingly relinquishing the control he’d seized a year prior.
Speculation even bubbled up among some of the more than a dozen “ex-officio,” board members — who don’t get a vote but are not allied with Trump — over whether the former board chairman, billionaire philanthropist David Rubenstein, could be brought back to help restore the center’s fundraising and programming, two sources familiar with the matter told CNN. (CNN has asked Rubenstein for comment.)
But after Trump said he would remain chairman, “it kind of all squelched pretty quickly,” one of the sources said. The hope that his crusade to rename a monument dedicated to the memory of John F. Kennedy had ended turned out to be wishful thinking.
Instead, nine months from a cold December day when cranes first placed Trump’s name on the marble façade, the institution has been brought to the brink by the president still very much engaged in a fight: lights have been turned off inside, infrastructure is crumbling and protests swirl while legal battles mount.
#center
“I have instructed the Department of Commerce to make all necessary arrangements with Congress to allow a full and complete transfer of this Institution, giving them the responsibility for its Operation, Maintenance, and Management,” the president wrote in a late-May Truth Social post, seemingly relinquishing the control he’d seized a year prior.
Speculation even bubbled up among some of the more than a dozen “ex-officio,” board members — who don’t get a vote but are not allied with Trump — over whether the former board chairman, billionaire philanthropist David Rubenstein, could be brought back to help restore the center’s fundraising and programming, two sources familiar with the matter told CNN. (CNN has asked Rubenstein for comment.)
But after Trump said he would remain chairman, “it kind of all squelched pretty quickly,” one of the sources said. The hope that his crusade to rename a monument dedicated to the memory of John F. Kennedy had ended turned out to be wishful thinking.
Instead, nine months from a cold December day when cranes first placed Trump’s name on the marble façade, the institution has been brought to the brink by the president still very much engaged in a fight: lights have been turned off inside, infrastructure is crumbling and protests swirl while legal battles mount.
#center
1 hr. ago
What is the total reported cost of the Iran war?
Which U.S. military branch incurred the highest war costs?
Why did Rep. Thomas Massie introduce impeachment against Hegseth?
Full Summary
WASHINGTON – The war in Iran has cost the U.S. military $43.6 billion as of Sept. 3, according to an update shared with congressional national security committees by U.S. Central Command.
#cost #summary
Which U.S. military branch incurred the highest war costs?
Why did Rep. Thomas Massie introduce impeachment against Hegseth?
Full Summary
WASHINGTON – The war in Iran has cost the U.S. military $43.6 billion as of Sept. 3, according to an update shared with congressional national security committees by U.S. Central Command.
#cost #summary
17 hours ago
By Nolan D. McCaskill
WASHINGTON, Sept 19 (Reuters) - Democrats are seeking to reclaim Congress, but lingering divisions from a bruising run-up to the November election threaten to imperil the party's attempt to claw back power from President Donald Trump's Republicans.
With control of both chambers at stake, Democrats have sought to move past the bad blood of the primaries, but in several competitive states, influential party figures have withheld endorsements or so far declined to campaign with nominees for the November 3 US midterm elections.
In Maine, the governor has yet to endorse the Democratic US Senate candidate. In Texas, a congresswoman has declined to campaign alongside the state representative who defeated her in the Democratic Senate primary. In Michigan, establishment centrists are steering clear of the party's progressive Senate pick. In New York, victorious democratic socialists are criticizing congressional Democrats for joining Republicans in condemning socialism. In Florida, the party has yet to rally behind its Senate nominee.
"Whether you are a progressive or an establishment Democrat or a conservative Democrat, we all have a vested interest in getting every single person over the finish line in November," said US Representative Summer Lee, a progressive Pennsylvania Democrat up for reelection.
#november #democrat #representative #declined
WASHINGTON, Sept 19 (Reuters) - Democrats are seeking to reclaim Congress, but lingering divisions from a bruising run-up to the November election threaten to imperil the party's attempt to claw back power from President Donald Trump's Republicans.
With control of both chambers at stake, Democrats have sought to move past the bad blood of the primaries, but in several competitive states, influential party figures have withheld endorsements or so far declined to campaign with nominees for the November 3 US midterm elections.
In Maine, the governor has yet to endorse the Democratic US Senate candidate. In Texas, a congresswoman has declined to campaign alongside the state representative who defeated her in the Democratic Senate primary. In Michigan, establishment centrists are steering clear of the party's progressive Senate pick. In New York, victorious democratic socialists are criticizing congressional Democrats for joining Republicans in condemning socialism. In Florida, the party has yet to rally behind its Senate nominee.
"Whether you are a progressive or an establishment Democrat or a conservative Democrat, we all have a vested interest in getting every single person over the finish line in November," said US Representative Summer Lee, a progressive Pennsylvania Democrat up for reelection.
#november #democrat #representative #declined
24 hours ago
On September 15, Guggenheim ****** yst Michael Ciarmoli initiated coverage of almost two dozen defense stocks, with a bullish, sector-wide buy-the-pullback call.
He issued 13 Buy ratings with an average upside of roughly 50%, with the standout being Applied Aerospace & Defense, Inc. (NYSE:AADX). The ****** yst sees the stock around $30, up by about 150% from the share's closing price that day.
Ciarmoli described AADX as a "merchant supplier of established and proven military subsystems and components". The ****** yst believes the company is well positioned to benefit from favorable growth trends across the aerospace, defense, and ****** e industries.
Several defense stocks have struggled since the advent of the Iran war. Investors are also concerned about the possibility of a split Congress after the midterm elections, which could result in a spending gridlock.
However, Ciarmoli says the fears are overblown. The Guggenheim ****** yst is urging investors to be buyers on the pullback. He expects the current trend of increased spending on autonomous systems, ****** e, and replenishing depleted stockpiles to sustain.
#pullback
He issued 13 Buy ratings with an average upside of roughly 50%, with the standout being Applied Aerospace & Defense, Inc. (NYSE:AADX). The ****** yst sees the stock around $30, up by about 150% from the share's closing price that day.
Ciarmoli described AADX as a "merchant supplier of established and proven military subsystems and components". The ****** yst believes the company is well positioned to benefit from favorable growth trends across the aerospace, defense, and ****** e industries.
Several defense stocks have struggled since the advent of the Iran war. Investors are also concerned about the possibility of a split Congress after the midterm elections, which could result in a spending gridlock.
However, Ciarmoli says the fears are overblown. The Guggenheim ****** yst is urging investors to be buyers on the pullback. He expects the current trend of increased spending on autonomous systems, ****** e, and replenishing depleted stockpiles to sustain.
#pullback
1 day ago
The Federal Communications Commission on Thursday granted Paramount Skydance's request to allow Middle Eastern royal families to hold a substantial stake in a merged Paramount-Warner Bros. Discovery.
Foreign investors, including the sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi, are slated to indirectly own nearly 50% of the equity in David Ellison's proposed mega-studio. That will give them a hefty stake in CBS, CNN, Comedy Central, HBO and two historic Hollywood film studios.
Paramount also asked the commission, led by President Trump's appointee Brendan Carr, to allow the foreign investors to eventually take on an even bigger stake because the company expects that it will need more capital to run the merged entity after closing the highly leveraged deal.
The FCC's Media Bureau granted Paramount's petition. Ellison needed FCC approval because the deal will change the ownership structure of CBS.
As part of the Communications Act of 1934, Congress placed restrictions on foreign ownership of broadcast outlets because of concerns about national security. Current rules prevent foreign investors from owning more than 25% of a company that holds a U.S. broadcast license — unless the FCC determines that foreign ownership would serve a public interest.
#stake
Foreign investors, including the sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi, are slated to indirectly own nearly 50% of the equity in David Ellison's proposed mega-studio. That will give them a hefty stake in CBS, CNN, Comedy Central, HBO and two historic Hollywood film studios.
Paramount also asked the commission, led by President Trump's appointee Brendan Carr, to allow the foreign investors to eventually take on an even bigger stake because the company expects that it will need more capital to run the merged entity after closing the highly leveraged deal.
The FCC's Media Bureau granted Paramount's petition. Ellison needed FCC approval because the deal will change the ownership structure of CBS.
As part of the Communications Act of 1934, Congress placed restrictions on foreign ownership of broadcast outlets because of concerns about national security. Current rules prevent foreign investors from owning more than 25% of a company that holds a U.S. broadcast license — unless the FCC determines that foreign ownership would serve a public interest.
#stake
1 day ago
XRP ranks last for Q4 after the CLARITY Act's Senate failure removed every legislative catalyst and invalidated year-end targets built around the bill.
Ethereum leads the Q4 outlook as the only coin carrying a dated technical upgrade still on the calendar, edging out Bitcoin and crushing XRP.
Bitcoin reclaiming $80,000 before the November midterms is the single falsifiable trigger that tightens the base scenario for all three coins.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
The U.S. Senate voted 49-50 against advancing the CLARITY Act on September 15, falling eleven votes short of the 60 needed to end debate. The defeat leaves crypto's market-structure rules in the hands of the SEC and CFTC rather than Congress, at least for the remainder of 2026.
#senate #learn #september
Ethereum leads the Q4 outlook as the only coin carrying a dated technical upgrade still on the calendar, edging out Bitcoin and crushing XRP.
Bitcoin reclaiming $80,000 before the November midterms is the single falsifiable trigger that tightens the base scenario for all three coins.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
The U.S. Senate voted 49-50 against advancing the CLARITY Act on September 15, falling eleven votes short of the 60 needed to end debate. The defeat leaves crypto's market-structure rules in the hands of the SEC and CFTC rather than Congress, at least for the remainder of 2026.
#senate #learn #september
1 day ago
Immigrants applying to live permanently in the United States can be rejected if they receive public benefits, beginning this week.
Use of Medicaid, food stamps, tuition ******* istance and free school lunch programs, among other government ******* istance, could all be grounds for denying a green-card application.
Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
The policy from President Donald Trump's administration, which took effect Friday, marks a dramatic change to a long-standing federal policy consistent with the president's efforts to restrict legal immigration pathways.
The rule could reduce federal and state payments by $13 billion a year, by persuading some 950,000 people to disenroll from or avoid federal safety net programs, according to estimates from the Department of Homeland Security. The agency said that the rule aligns with Congress's intent that noncitizens "in the United States be self-sufficient and not dependent on taxpayer-funded government benefits."
#states
Use of Medicaid, food stamps, tuition ******* istance and free school lunch programs, among other government ******* istance, could all be grounds for denying a green-card application.
Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
The policy from President Donald Trump's administration, which took effect Friday, marks a dramatic change to a long-standing federal policy consistent with the president's efforts to restrict legal immigration pathways.
The rule could reduce federal and state payments by $13 billion a year, by persuading some 950,000 people to disenroll from or avoid federal safety net programs, according to estimates from the Department of Homeland Security. The agency said that the rule aligns with Congress's intent that noncitizens "in the United States be self-sufficient and not dependent on taxpayer-funded government benefits."
#states
2 days ago
President Donald Trump's administration says it has approved the sale of nearly 50 F-35 fighter jets to Saudi Arabia in a policy shift for the US that has raised concerns from some members of Congress.
Saudi Arabia has sought for years to buy the world's most advanced warplane, equipped with stealth technology that allows it to evade enemy detection.
Washington had resisted, partly because it supplies F-35s to its ally Israel, which is guaranteed under US law to receive top-of-the-range American weapons compared with those its regional neighbours can access.
Congress has 30 days to scrutinise or attempt to block the $24bn (£17.8bn) sale to Riyadh, which is the largest customer for US weapons.
Representative Raja Krishnamoorthi of Illinois, a Democrat, opposed the sale on Thursday.
#saudi
Saudi Arabia has sought for years to buy the world's most advanced warplane, equipped with stealth technology that allows it to evade enemy detection.
Washington had resisted, partly because it supplies F-35s to its ally Israel, which is guaranteed under US law to receive top-of-the-range American weapons compared with those its regional neighbours can access.
Congress has 30 days to scrutinise or attempt to block the $24bn (£17.8bn) sale to Riyadh, which is the largest customer for US weapons.
Representative Raja Krishnamoorthi of Illinois, a Democrat, opposed the sale on Thursday.
#saudi
2 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Today, the Federal Reserve increased its target interest rate by 25 basis points — its first rate hike in more than three years.
When the Fed changes interest rates, the impact reaches far beyond Wall Street. Higher rates can help savers earn more on their cash, while lower rates can make mortgages, car loans, and credit cards more affordable. But because every rate move creates both winners and losers, there's no simple answer to whether high or low rates are best.
Understanding why the Fed raises and lowers rates — and how those decisions affect your money — can help you make smarter choices about saving and borrowing.
The Federal Reserve is mandated by Congress to promote stable prices and maximum employment within the U.S. economy. One of the tools it has at its disposal to achieve these goals is the federal funds rate.
#federal #reserve #interest #make
Today, the Federal Reserve increased its target interest rate by 25 basis points — its first rate hike in more than three years.
When the Fed changes interest rates, the impact reaches far beyond Wall Street. Higher rates can help savers earn more on their cash, while lower rates can make mortgages, car loans, and credit cards more affordable. But because every rate move creates both winners and losers, there's no simple answer to whether high or low rates are best.
Understanding why the Fed raises and lowers rates — and how those decisions affect your money — can help you make smarter choices about saving and borrowing.
The Federal Reserve is mandated by Congress to promote stable prices and maximum employment within the U.S. economy. One of the tools it has at its disposal to achieve these goals is the federal funds rate.
#federal #reserve #interest #make
2 days ago
WASHINGTON (AP) — Tensions are mounting between the Pentagon and Congress over the flow of information to lawmakers about the U.S. military's priorities, with both Democrats and Republicans accusing a Defense Department leader of being frustratingly opaque.
Some senators from both parties say they were left deeply unsettled Thursday after the Pentagon's top policy adviser, Defense Undersecretary Elbridge Colby, failed to provide an expected update on the Trump administration's National Defense Strategy at a classified briefing.
The lawmakers also say they were unsatisfied with Colby's answers to questions ranging from inquiries about the Iran war to growing concerns that President Donald Trump could deploy troops to polling places during November's midterm congressional elections. Colby acknowledged that discussions about deploying the National Guard were taking place.
Sen. Jacky Rosen, a Nevada Democrat on the Senate Armed Services Committee, said Colby "was not forthcoming" and "did not really address our concerns or issues."
Sen. Kevin Cramer, a North Dakota Republican also on the committee, described the classified briefing as "just sort of dodge and punt."
#national #committee #lawmakers #concerns
Some senators from both parties say they were left deeply unsettled Thursday after the Pentagon's top policy adviser, Defense Undersecretary Elbridge Colby, failed to provide an expected update on the Trump administration's National Defense Strategy at a classified briefing.
The lawmakers also say they were unsatisfied with Colby's answers to questions ranging from inquiries about the Iran war to growing concerns that President Donald Trump could deploy troops to polling places during November's midterm congressional elections. Colby acknowledged that discussions about deploying the National Guard were taking place.
Sen. Jacky Rosen, a Nevada Democrat on the Senate Armed Services Committee, said Colby "was not forthcoming" and "did not really address our concerns or issues."
Sen. Kevin Cramer, a North Dakota Republican also on the committee, described the classified briefing as "just sort of dodge and punt."
#national #committee #lawmakers #concerns
2 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Today, the Federal Reserve increased its target interest rate by 25 basis points — its first rate hike in more than three years.
When the Fed changes interest rates, the impact reaches far beyond Wall Street. Higher rates can help savers earn more on their cash, while lower rates can make mortgages, car loans, and credit cards more affordable. But because every rate move creates both winners and losers, there's no simple answer to whether high or low rates are best.
Understanding why the Fed raises and lowers rates — and how those decisions affect your money — can help you make smarter choices about saving and borrowing.
The Federal Reserve is mandated by Congress to promote stable prices and maximum employment within the U.S. economy. One of the tools it has at its disposal to achieve these goals is the federal funds rate.
#federal #interest #disclosure
Today, the Federal Reserve increased its target interest rate by 25 basis points — its first rate hike in more than three years.
When the Fed changes interest rates, the impact reaches far beyond Wall Street. Higher rates can help savers earn more on their cash, while lower rates can make mortgages, car loans, and credit cards more affordable. But because every rate move creates both winners and losers, there's no simple answer to whether high or low rates are best.
Understanding why the Fed raises and lowers rates — and how those decisions affect your money — can help you make smarter choices about saving and borrowing.
The Federal Reserve is mandated by Congress to promote stable prices and maximum employment within the U.S. economy. One of the tools it has at its disposal to achieve these goals is the federal funds rate.
#federal #interest #disclosure
2 days ago
By Katharine Jackson and Mike Scarcella
WASHINGTON, Sept 17 (Reuters) - A federal judge ordered President Donald Trump's administration on Thursday to provide at least 30 days' notice before taking any steps to demolish the Kennedy Center, the landmark performing arts venue that has become a flashpoint in his efforts to reshape the U.S. capital.
U.S. District Judge Christopher Cooper issued the order after lawyers for a Democratic congresswoman who is suing to keep the venue open and Trump's name off its facade submitted new evidence citing the Republican president's comments on Wednesday referring to demolishing the Kennedy Center.
"I think that the Trump administration should certainly have recognition. Because frankly, if we don't do that, it's going to close. It'll end up being ripped down," Trump told reporters in North Carolina, referring to putting his name on the facility established by Congress and opened in 1971 as a memorial to slain President John Kennedy.
Matt Floca, the Kennedy Center's Trump-backed executive director, said in a court filing earlier on Thursday that the building was being temporarily closed to ****** s safety risks in areas "exhibiting severe structural deterioration."
#president #venue
WASHINGTON, Sept 17 (Reuters) - A federal judge ordered President Donald Trump's administration on Thursday to provide at least 30 days' notice before taking any steps to demolish the Kennedy Center, the landmark performing arts venue that has become a flashpoint in his efforts to reshape the U.S. capital.
U.S. District Judge Christopher Cooper issued the order after lawyers for a Democratic congresswoman who is suing to keep the venue open and Trump's name off its facade submitted new evidence citing the Republican president's comments on Wednesday referring to demolishing the Kennedy Center.
"I think that the Trump administration should certainly have recognition. Because frankly, if we don't do that, it's going to close. It'll end up being ripped down," Trump told reporters in North Carolina, referring to putting his name on the facility established by Congress and opened in 1971 as a memorial to slain President John Kennedy.
Matt Floca, the Kennedy Center's Trump-backed executive director, said in a court filing earlier on Thursday that the building was being temporarily closed to ****** s safety risks in areas "exhibiting severe structural deterioration."
#president #venue
2 days ago
An **** ysis of recent filings from American politicians shows that Accenture (NYSE: ACN) and Boston Scientific (NYSE: BSX) saw an uptick in purchases from notable politicians. Rep. Gilbert Ray Cisneros, Jr. (D-CA) bought Boston Scientific shares, according to a filing earlier this month. The trade was made on August 18, 2026. Rep. Ro Khanna (D-CA) also bought the stock twice, on August 3 and August 10, 2026, according to a filing filed on September 4, 2026. Neither politician sold Boston Scientific shares in the same period. Cisneros and Khanna were also the two buyers of Accenture shares in July and August.
This is based on data from Quiver Quantitative, a platform that tracks congressional stock trades from politicians.
Let's focus on BSX in this article.
BSX is down about 50% so far this year amid a cyberattack that disrupted manufacturing, order processing and shipments, forcing the company to withdraw its previous third-quarter and full-year outlook. Bulls say the market has priced in too severe an outcome. By Sept. 8, the company said its major distribution centers were shipping at or above normal levels, sterilization facilities were operating, and manufacturing had restarted at most plants. Bulls believe much of the disrupted revenue could be delayed rather than permanently lost as hospitals wait for products, reschedule procedures and the company works through its backlog.
Bulls also point to a business that was still growing. Second-quarter revenue rose 7.5% year over year and organic growth was 7%. Several core franchises delivered double-digit organic growth, including Interventional Cardiology and Vascular Therapies, Interventional Oncology and Embolization, and Neuromodulation.
#august #NYSE
This is based on data from Quiver Quantitative, a platform that tracks congressional stock trades from politicians.
Let's focus on BSX in this article.
BSX is down about 50% so far this year amid a cyberattack that disrupted manufacturing, order processing and shipments, forcing the company to withdraw its previous third-quarter and full-year outlook. Bulls say the market has priced in too severe an outcome. By Sept. 8, the company said its major distribution centers were shipping at or above normal levels, sterilization facilities were operating, and manufacturing had restarted at most plants. Bulls believe much of the disrupted revenue could be delayed rather than permanently lost as hospitals wait for products, reschedule procedures and the company works through its backlog.
Bulls also point to a business that was still growing. Second-quarter revenue rose 7.5% year over year and organic growth was 7%. Several core franchises delivered double-digit organic growth, including Interventional Cardiology and Vascular Therapies, Interventional Oncology and Embolization, and Neuromodulation.
#august #NYSE
2 days ago
By Michael S. Derby
Sept 16 (Reuters) - Surging government bond yields are raising credit costs across the U.S. economy and could factor into Federal Reserve monetary policy deliberations, but ***** ysts see the central bank resisting any explicit call from the Trump administration to bail out the market.
The focus on the Fed's possible involvement comes as Treasury Secretary Scott Bessent has taken an unusually activist role in trying to tamp down rising yields he considers to be misaligned with the U.S. economic outlook.
Bessent's campaign, which saw the expansion of a key debt buyback operation last week, is foundering, as the 10-year Treasury note rose above 5% to its highest since 2007. He shrugged the move off as owing to "global issues" on Tuesday as he arrived for a congressional hearing.
Treasury's bond market travails are raising questions whether the Fed might be requested to buy government debt to reduce supply, which could cap or lower yields, in turn easing government and private sector borrowing costs.
#government #treasury #bond #debt
Sept 16 (Reuters) - Surging government bond yields are raising credit costs across the U.S. economy and could factor into Federal Reserve monetary policy deliberations, but ***** ysts see the central bank resisting any explicit call from the Trump administration to bail out the market.
The focus on the Fed's possible involvement comes as Treasury Secretary Scott Bessent has taken an unusually activist role in trying to tamp down rising yields he considers to be misaligned with the U.S. economic outlook.
Bessent's campaign, which saw the expansion of a key debt buyback operation last week, is foundering, as the 10-year Treasury note rose above 5% to its highest since 2007. He shrugged the move off as owing to "global issues" on Tuesday as he arrived for a congressional hearing.
Treasury's bond market travails are raising questions whether the Fed might be requested to buy government debt to reduce supply, which could cap or lower yields, in turn easing government and private sector borrowing costs.
#government #treasury #bond #debt
3 days ago
A federal judge blocked Trump's name from being added to the building.
President Donald Trump said on Wednesday the Kennedy Center could "close" or be "ripped down" if his administration doesn't receive recognition on the performing arts center as tensions over his name being removed mount.
"I think that the Trump administration should certainly have recognition. Because frankly, if we don't do that, it's going to close. It'll end up being ripped down," the president told reporters on the tarmac in North Carolina.
Trump claimed that the Kennedy Center was a "mess" without his intervention and "has lost 10s of millions of dollars, even hundreds of millions of dollars," comparing it to New York's Carnegie Hall.
The president's comments come after a federal judge on Tuesday blocked the performing arts center's board from adding a tribute to Trump on the building or site. He responded by saying he wouldn't spend congressionally approved funding for the center's renovation unless the building also bears his name.
#blocked
President Donald Trump said on Wednesday the Kennedy Center could "close" or be "ripped down" if his administration doesn't receive recognition on the performing arts center as tensions over his name being removed mount.
"I think that the Trump administration should certainly have recognition. Because frankly, if we don't do that, it's going to close. It'll end up being ripped down," the president told reporters on the tarmac in North Carolina.
Trump claimed that the Kennedy Center was a "mess" without his intervention and "has lost 10s of millions of dollars, even hundreds of millions of dollars," comparing it to New York's Carnegie Hall.
The president's comments come after a federal judge on Tuesday blocked the performing arts center's board from adding a tribute to Trump on the building or site. He responded by saying he wouldn't spend congressionally approved funding for the center's renovation unless the building also bears his name.
#blocked
3 days ago
The House of Representatives on Tuesday passed a bipartisan bill aimed at shielding Americans from increased electricity costs **** ociated with data centers being built across the country.
The Ratepayer Protection Act, which passed with an overwhelming 417-3 majority, "ensures American families are not left footing the bill for the grid upgrades and new energy generation required to operate large data centers," Republican Rep. Gabe Evans, one of the bill's sponsors, said ahead of the vote.
The bill now moves to the Senate, where its prospects of passing are uncertain.
The Ratepayer Protection Act is the first major piece of legislation taken up by Congress to address the growing public discontent over the mass buildout of data centers among the American public. Even if it passes, though, it won't directly set the rates that data center operators pay for their electricity.
Congress doesn't have the power to compel utilities to set higher rates for the facilities. Only states have that authority. What the Ratepayer Protection Act would do is compel state utility regulators to consider adopting a federal standard under which large data centers would cover the extra costs of upgrades. The bill is comparable to a proclamation signed by President Trump earlier this year that established a similar voluntary pledge for tech companies.
#passed
The Ratepayer Protection Act, which passed with an overwhelming 417-3 majority, "ensures American families are not left footing the bill for the grid upgrades and new energy generation required to operate large data centers," Republican Rep. Gabe Evans, one of the bill's sponsors, said ahead of the vote.
The bill now moves to the Senate, where its prospects of passing are uncertain.
The Ratepayer Protection Act is the first major piece of legislation taken up by Congress to address the growing public discontent over the mass buildout of data centers among the American public. Even if it passes, though, it won't directly set the rates that data center operators pay for their electricity.
Congress doesn't have the power to compel utilities to set higher rates for the facilities. Only states have that authority. What the Ratepayer Protection Act would do is compel state utility regulators to consider adopting a federal standard under which large data centers would cover the extra costs of upgrades. The bill is comparable to a proclamation signed by President Trump earlier this year that established a similar voluntary pledge for tech companies.
#passed
3 days ago
On August 14, the Pentagon announced framework agreements with The Boeing Company (NYSE:BA) and RTX Corporation (NYSE:RTX) to increase component production for the SM-3 Block IIA and SM-3 Block IB interceptors. Both agreements are intended to increase the output of a group of ship-fired, surface-to-air interceptors that serve as the foundation for the Aegis Ballistic Missile Defense System, the sea-based shield used by the US Navy to intercept ballistic missiles.
The announcement had little impact on the shares of both companies, with The Boeing Company (NYSE:BA) down around 0.4% and RTX Corporation (NYSE:RTX) down about 1% during the day.
RTX Corporation (NYSE:RTX) alone inked five separate Pentagon deals earlier this year to greatly boost output of Tomahawk cruise missiles, AMRAAM air-to-air missiles, and the Standard Missile family, with Tomahawk production expected to increase sixteenfold, from approximately 60 to 1,000 units per year.
Congress has provided financial support for the effort. The 2026 defense spending bill provided multiyear procurement authority for eight critical munitions and more than $6.3 billion for 13 critical munitions, while the Pentagon's fiscal 2027 budget request calls for roughly $95 billion in missile procurement.
Rising tensions with Iran have added urgency to rebuild US missile inventories. During the June 2025 12-day Israel-Iran war, US forces reportedly used more than 150 THAAD interceptors. This highlights the pressure that sustained conflict can place on American missile-defense stockpiles.
#missile #corporation #missiles #pentagon
The announcement had little impact on the shares of both companies, with The Boeing Company (NYSE:BA) down around 0.4% and RTX Corporation (NYSE:RTX) down about 1% during the day.
RTX Corporation (NYSE:RTX) alone inked five separate Pentagon deals earlier this year to greatly boost output of Tomahawk cruise missiles, AMRAAM air-to-air missiles, and the Standard Missile family, with Tomahawk production expected to increase sixteenfold, from approximately 60 to 1,000 units per year.
Congress has provided financial support for the effort. The 2026 defense spending bill provided multiyear procurement authority for eight critical munitions and more than $6.3 billion for 13 critical munitions, while the Pentagon's fiscal 2027 budget request calls for roughly $95 billion in missile procurement.
Rising tensions with Iran have added urgency to rebuild US missile inventories. During the June 2025 12-day Israel-Iran war, US forces reportedly used more than 150 THAAD interceptors. This highlights the pressure that sustained conflict can place on American missile-defense stockpiles.
#missile #corporation #missiles #pentagon
3 days ago
The vote ends a nearly two-year pause in Ukraine **** istance from Congress.
Advocates of the bill, including Ukrainian President Volodymyr Zelenskyy, have argued it would give the White House necessary tools to squeeze Russia economically, curbing the flow of funds to Moscow’s war machine. | Rod Lamkey, Jr./AP
09/17/2026 07:54 AM GMT+9
The House passed the sweeping Russia sanctions bill long championed by the late Sen. Lindsey Graham on Wednesday, sending the legislation to the White House for President Donald Trump’s signature after more than a year of congressional maneuvering.
#white #ukrainian
Advocates of the bill, including Ukrainian President Volodymyr Zelenskyy, have argued it would give the White House necessary tools to squeeze Russia economically, curbing the flow of funds to Moscow’s war machine. | Rod Lamkey, Jr./AP
09/17/2026 07:54 AM GMT+9
The House passed the sweeping Russia sanctions bill long championed by the late Sen. Lindsey Graham on Wednesday, sending the legislation to the White House for President Donald Trump’s signature after more than a year of congressional maneuvering.
#white #ukrainian
3 days ago
How much did Black pay Epstein for tax planning?
Which survivors praised Comer's actions?
What specific concerns does Rep. Gregory Meeks have about the bomb sale?
Full Summary
A key House panel investigating law enforcement's handling of the Jeffrey Epstein case has voted to hold the investor and hedge fund manager Leon Black in contempt of Congress after he did not appear for a deposition or turn over documents.
#leon
Which survivors praised Comer's actions?
What specific concerns does Rep. Gregory Meeks have about the bomb sale?
Full Summary
A key House panel investigating law enforcement's handling of the Jeffrey Epstein case has voted to hold the investor and hedge fund manager Leon Black in contempt of Congress after he did not appear for a deposition or turn over documents.
#leon
3 days ago
WASHINGTON (AP) — The top Democrat on the House Foreign Affairs Committee said Wednesday that he's going to block a proposed sale of $2.8 billion in heavy weaponry to Israel over concerns that the powerful bombs may not be used in line with U.S. and international law.
Rep. Gregory Meeks of New York said he would withhold approval for the sale because of "grave, unresolved concerns" about how these munitions could be used in densely populated areas of Gaza and Lebanon by Israeli Prime Minister Benjamin Netanyahu's government.
"The Trump administration has not provided sufficient ****** urances that these weapons will be used by the Netanyahu government in accordance with U.S. law and with appropriate protections for civilians," Meeks said in a statement. "I therefore will not clear this sale at this time."
Meeks' objections, however, will not likely affect the sale, which was informally notified to lawmakers on Tuesday. Once it is formally notified to Congress, Secretary of State Marco Rubio can bypass the normal congressional review process by making an emergency determination that the transaction is an urgent national security interest.
Rubio has done so in the past, including bypassing a normal congressional review process to approve a nearly $3 billion sale to Israel last year. The administration then approved a new series of arms sales to Israel totaling $6.67 billion in January.
#used
Rep. Gregory Meeks of New York said he would withhold approval for the sale because of "grave, unresolved concerns" about how these munitions could be used in densely populated areas of Gaza and Lebanon by Israeli Prime Minister Benjamin Netanyahu's government.
"The Trump administration has not provided sufficient ****** urances that these weapons will be used by the Netanyahu government in accordance with U.S. law and with appropriate protections for civilians," Meeks said in a statement. "I therefore will not clear this sale at this time."
Meeks' objections, however, will not likely affect the sale, which was informally notified to lawmakers on Tuesday. Once it is formally notified to Congress, Secretary of State Marco Rubio can bypass the normal congressional review process by making an emergency determination that the transaction is an urgent national security interest.
Rubio has done so in the past, including bypassing a normal congressional review process to approve a nearly $3 billion sale to Israel last year. The administration then approved a new series of arms sales to Israel totaling $6.67 billion in January.
#used
3 days ago
By Jacob Bogage
WASHINGTON, Sept 16 (Reuters) - The head of the U.S. Postal Service has told confidants that he is deeply discouraged by his job and wants to resign, according to four people familiar with his thinking, as the agency comes under scrutiny over financial losses and President Donald Trump's effort to tighten rules on mail-in voting.
Postmaster General David Steiner, who took office in July 2025 after the White House forced out his predecessor, has expressed frustration over a lack of help from the White House and Congress in addressing the mail service's long-running financial woes, the people said.
At the same time, the Postal Service was thrust to the center of a debate over the federal government's role in voting after Trump directed it in March to serve as a clearinghouse for mail ballots. The Supreme Court on Monday blocked the agency from implementing key elements of the plan, dealing the White House a significant setback.
The pressures culminated in a contentious June Senate hearing, where lawmakers from both parties interrogated Steiner over poor delivery service, Trump's ballot restrictions and his compensation.
#white #mail
WASHINGTON, Sept 16 (Reuters) - The head of the U.S. Postal Service has told confidants that he is deeply discouraged by his job and wants to resign, according to four people familiar with his thinking, as the agency comes under scrutiny over financial losses and President Donald Trump's effort to tighten rules on mail-in voting.
Postmaster General David Steiner, who took office in July 2025 after the White House forced out his predecessor, has expressed frustration over a lack of help from the White House and Congress in addressing the mail service's long-running financial woes, the people said.
At the same time, the Postal Service was thrust to the center of a debate over the federal government's role in voting after Trump directed it in March to serve as a clearinghouse for mail ballots. The Supreme Court on Monday blocked the agency from implementing key elements of the plan, dealing the White House a significant setback.
The pressures culminated in a contentious June Senate hearing, where lawmakers from both parties interrogated Steiner over poor delivery service, Trump's ballot restrictions and his compensation.
#white #mail
4 days ago
WASHINGTON (AP) — The Trump administration is stripping tens of millions of dollars in U.S. military ******* istance from countries in Europe and the Middle East to support conservative-leaning governments in Central and South America.
The State Department on Tuesday notified Congress that it will reprogram $52 million in foreign military financing from Slovakia, North Macedonia, Tunisia and Iraq to Panama, Peru, Ecuador and Colombia.
Secretary of State Marco Rubio visited Colombia, Ecuador and Peru last week and pledged to them additional support as the Trump administration has prioritized the Western Hemisphere in its foreign policy with an emphasis on combating drug trafficking and illegal immigration.
It is just the latest in a series of moves that have reduced either money or troop deployments to Europe in response to President Donald Trump's complaints about NATO allies not spending enough on their defense budgets and other matters. Both North Macedonia and Slovakia are NATO members.
But it also comes as the administration has put particular attention on the Western Hemisphere, aligning deeply with right-wing governments as Trump celebrates a renewal of the 19th century Monroe Doctrine establishing Washington's dominance in the Americas.
#Trump #Europe #slovakia
The State Department on Tuesday notified Congress that it will reprogram $52 million in foreign military financing from Slovakia, North Macedonia, Tunisia and Iraq to Panama, Peru, Ecuador and Colombia.
Secretary of State Marco Rubio visited Colombia, Ecuador and Peru last week and pledged to them additional support as the Trump administration has prioritized the Western Hemisphere in its foreign policy with an emphasis on combating drug trafficking and illegal immigration.
It is just the latest in a series of moves that have reduced either money or troop deployments to Europe in response to President Donald Trump's complaints about NATO allies not spending enough on their defense budgets and other matters. Both North Macedonia and Slovakia are NATO members.
But it also comes as the administration has put particular attention on the Western Hemisphere, aligning deeply with right-wing governments as Trump celebrates a renewal of the 19th century Monroe Doctrine establishing Washington's dominance in the Americas.
#Trump #Europe #slovakia
4 days ago
An ******* ysis of recent filings from American politicians shows that Accenture (NYSE: ACN) and Boston Scientific (NYSE: BSX) saw an uptick in purchases from notable politicians. Rep. Gilbert Ray Cisneros, Jr. (D-CA) bought Boston Scientific shares, according to a filing earlier this month. The trade was made on August 18, 2026. Rep. Ro Khanna (D-CA) also bought the stock twice, on August 3 and August 10, 2026, according to a filing filed on September 4, 2026. Neither politician sold Boston Scientific shares in the same period. Cisneros and Khanna were also the two buyers of Accenture shares in July and August.
This is based on data from Quiver Quantitative, a platform that tracks congressional stock trades from politicians.
Let's focus on BSX in this article.
BSX is down about 50% so far this year amid a cyberattack that disrupted manufacturing, order processing and shipments, forcing the company to withdraw its previous third-quarter and full-year outlook. Bulls say the market has priced in too severe an outcome. By Sept. 8, the company said its major distribution centers were shipping at or above normal levels, sterilization facilities were operating, and manufacturing had restarted at most plants. Bulls believe much of the disrupted revenue could be delayed rather than permanently lost as hospitals wait for products, reschedule procedures and the company works through its backlog.
Bulls also point to a business that was still growing. Second-quarter revenue rose 7.5% year over year and organic growth was 7%. Several core franchises delivered double-digit organic growth, including Interventional Cardiology and Vascular Therapies, Interventional Oncology and Embolization, and Neuromodulation.
#accenture
This is based on data from Quiver Quantitative, a platform that tracks congressional stock trades from politicians.
Let's focus on BSX in this article.
BSX is down about 50% so far this year amid a cyberattack that disrupted manufacturing, order processing and shipments, forcing the company to withdraw its previous third-quarter and full-year outlook. Bulls say the market has priced in too severe an outcome. By Sept. 8, the company said its major distribution centers were shipping at or above normal levels, sterilization facilities were operating, and manufacturing had restarted at most plants. Bulls believe much of the disrupted revenue could be delayed rather than permanently lost as hospitals wait for products, reschedule procedures and the company works through its backlog.
Bulls also point to a business that was still growing. Second-quarter revenue rose 7.5% year over year and organic growth was 7%. Several core franchises delivered double-digit organic growth, including Interventional Cardiology and Vascular Therapies, Interventional Oncology and Embolization, and Neuromodulation.
#accenture
4 days ago
By Michael S. Derby
Sept 16 (Reuters) - Surging government bond yields are raising credit costs across the U.S. economy and could factor into Federal Reserve monetary policy deliberations, but **** ysts see the central bank resisting any explicit call from the Trump administration to bail out the market.
The focus on the Fed's possible involvement comes as Treasury Secretary Scott Bessent has taken an unusually activist role in trying to tamp down rising yields he considers to be misaligned with the U.S. economic outlook.
Bessent's campaign, which saw the expansion of a key debt buyback operation last week, is foundering, as the 10-year Treasury note rose above 5% to its highest since 2007. He shrugged the move off as owing to "global issues" on Tuesday as he arrived for a congressional hearing.
Treasury's bond market travails are raising questions whether the Fed might be requested to buy government debt to reduce supply, which could cap or lower yields, in turn easing government and private sector borrowing costs.
#costs
Sept 16 (Reuters) - Surging government bond yields are raising credit costs across the U.S. economy and could factor into Federal Reserve monetary policy deliberations, but **** ysts see the central bank resisting any explicit call from the Trump administration to bail out the market.
The focus on the Fed's possible involvement comes as Treasury Secretary Scott Bessent has taken an unusually activist role in trying to tamp down rising yields he considers to be misaligned with the U.S. economic outlook.
Bessent's campaign, which saw the expansion of a key debt buyback operation last week, is foundering, as the 10-year Treasury note rose above 5% to its highest since 2007. He shrugged the move off as owing to "global issues" on Tuesday as he arrived for a congressional hearing.
Treasury's bond market travails are raising questions whether the Fed might be requested to buy government debt to reduce supply, which could cap or lower yields, in turn easing government and private sector borrowing costs.
#costs
5 days ago
By Jason Lange
WASHINGTON, Sept 14 (Reuters) - President Donald Trump's public approval rating rose from a record low, while Americans voiced growing support for Democrats gaining power in the U.S. Congress in a Reuters/Ipsos poll taken in the days after the Republican Party's first-ever midterm convention last week.
The four-day poll showed 63% of Americans - including four in 10 Republicans and nine in 10 Democrats - disapproved of Trump's offer made in his convention speech that he would ensure all Americans get a $5,000 dividend if Republicans retain control of the U.S. Congress in November's midterm elections.
The survey gathered responses from 1,143 Americans nationwide and had a margin of error of 3 percentage points in either direction.
Some 35% of Americans give Trump a thumbs up for his performance in the White House, up from 33% in an August 28 to 31 Reuters/Ipsos poll, the lowest of his political career.
#ipsos #convention
WASHINGTON, Sept 14 (Reuters) - President Donald Trump's public approval rating rose from a record low, while Americans voiced growing support for Democrats gaining power in the U.S. Congress in a Reuters/Ipsos poll taken in the days after the Republican Party's first-ever midterm convention last week.
The four-day poll showed 63% of Americans - including four in 10 Republicans and nine in 10 Democrats - disapproved of Trump's offer made in his convention speech that he would ensure all Americans get a $5,000 dividend if Republicans retain control of the U.S. Congress in November's midterm elections.
The survey gathered responses from 1,143 Americans nationwide and had a margin of error of 3 percentage points in either direction.
Some 35% of Americans give Trump a thumbs up for his performance in the White House, up from 33% in an August 28 to 31 Reuters/Ipsos poll, the lowest of his political career.
#ipsos #convention
5 days ago
White House border czar Tom Homan confirmed on "The Sunday Briefing" that the Department of Homeland Security is looking into allegations involving Rep. Ilhan Omar, D-Minn., but would not disclose details about what he described as an "ongoing criminal investigation."
Pressed on whether the federal government has evidence that Omar committed immigration or naturalization fraud, Homan declined to comment.
U.S. Rep. Ilhan Omar, D-Minn., poses for a portrait in her office on Capitol Hill Dec. 10, 2025.
"I know things are going on, but I can't give specifics of what's happening," Homan said.
"If someone committed an immigration violation, if someone committed marriage fraud or anything like that, regardless if they're a congressman or not, no one's above the law. So, I'll leave it at that. We'll let HSI, Homeland Security Investigations, continue the investigation."
#homan #homeland #ilhan #investigation
Pressed on whether the federal government has evidence that Omar committed immigration or naturalization fraud, Homan declined to comment.
U.S. Rep. Ilhan Omar, D-Minn., poses for a portrait in her office on Capitol Hill Dec. 10, 2025.
"I know things are going on, but I can't give specifics of what's happening," Homan said.
"If someone committed an immigration violation, if someone committed marriage fraud or anything like that, regardless if they're a congressman or not, no one's above the law. So, I'll leave it at that. We'll let HSI, Homeland Security Investigations, continue the investigation."
#homan #homeland #ilhan #investigation
5 days ago
An Ohio congresswoman is facing major blowback online after suggesting that lynchings are on the rise in the United States, despite that claim being widely debunked last week.
"In the last year, there's been an alarming increase in Black Americans found dead hanging from trees. We know what that has meant throughout our history," said Rep. Shontel Brown, D-Ohio, on X. "That's why I've joined [Rep. Ayanna Pressley, D-Mass.] to demand a federal investigation into possible lynchings."
Fox News Digital reviewed some high-profile cases after Pressley's letter to the DOJ demanding "thorough, transparent, and comprehensive federal investigation into every hanging death of a Black individual across the United States." Last week, Pressley and Rep. Alexandria Ocasio-Cortez, D-N.Y., posted about the letter on their X accounts, drawing blowback and widespread debunking of the suggestion that there has been an uptick in lynchings.
Rep. Shontel Brown, D-Ohio, takes her seat for the House Oversight and Government Reform Committee hearing with "Sanctuary State Governors" in the Capitol Visitor Center on Thursday, June 12, 2025.
Governor Blames Activists In Nolan Wells Case For 'Stoking Division,' Official Says Fbi Probing Threats
#ohio #states
"In the last year, there's been an alarming increase in Black Americans found dead hanging from trees. We know what that has meant throughout our history," said Rep. Shontel Brown, D-Ohio, on X. "That's why I've joined [Rep. Ayanna Pressley, D-Mass.] to demand a federal investigation into possible lynchings."
Fox News Digital reviewed some high-profile cases after Pressley's letter to the DOJ demanding "thorough, transparent, and comprehensive federal investigation into every hanging death of a Black individual across the United States." Last week, Pressley and Rep. Alexandria Ocasio-Cortez, D-N.Y., posted about the letter on their X accounts, drawing blowback and widespread debunking of the suggestion that there has been an uptick in lynchings.
Rep. Shontel Brown, D-Ohio, takes her seat for the House Oversight and Government Reform Committee hearing with "Sanctuary State Governors" in the Capitol Visitor Center on Thursday, June 12, 2025.
Governor Blames Activists In Nolan Wells Case For 'Stoking Division,' Official Says Fbi Probing Threats
#ohio #states
5 days ago
Congressional Republicans have a plan to pass key portions of the Safeguarding American Voter Eligibility (SAVE) America Act before the end of this year.
The election integrity bill backed by President Donald Trump and fiercely opposed by Democrats has stalled in Congress, where Senate Majority Leader John Thune, R-S.D., has been reluctant to call it up for a vote, given that it's all but ***** ured to fail.
At least several Democrats would be needed to reach the Senate's 60-vote threshold to break a filibuster. But left-wing lawmakers in the House and Senate have panned the legislation as an attempt to sow doubt in U.S. elections at best and voter suppression at worst.
Speaker Mike Johnson, R-La., is now pushing Republicans to pass the bill's main mandates via the budget reconciliation process, which allows the party in power to pass sweeping fiscal policy without input from the minority due to its sidelining of the Senate filibuster. Rep. Bryan Steil, R-Wis., chairman of the Committee on House Administration, is tasked with overseeing how that part of the bill gets done.
Trump Questions Thune's Leadership As Save America Act Stalls
#Trump #bill
The election integrity bill backed by President Donald Trump and fiercely opposed by Democrats has stalled in Congress, where Senate Majority Leader John Thune, R-S.D., has been reluctant to call it up for a vote, given that it's all but ***** ured to fail.
At least several Democrats would be needed to reach the Senate's 60-vote threshold to break a filibuster. But left-wing lawmakers in the House and Senate have panned the legislation as an attempt to sow doubt in U.S. elections at best and voter suppression at worst.
Speaker Mike Johnson, R-La., is now pushing Republicans to pass the bill's main mandates via the budget reconciliation process, which allows the party in power to pass sweeping fiscal policy without input from the minority due to its sidelining of the Senate filibuster. Rep. Bryan Steil, R-Wis., chairman of the Committee on House Administration, is tasked with overseeing how that part of the bill gets done.
Trump Questions Thune's Leadership As Save America Act Stalls
#Trump #bill
5 days ago
Congressman Tom Tiffany, the Republican candidate for Wisconsin governor, is recovering after the small plane he was traveling in made an emergency landing on a Wisconsin lake. Both Tiffany and the pilot swam to shore and were then taken to the hospital with minor injuries. The FAA and the NTSB are investigating the cause of the crash.
#congressman #republican #governor #small
#congressman #republican #governor #small