The regulator is cutting staff and easing oversight in ways that critics say might make supervisors less equipped to spot a crisis in advance, risking deeper damage to the economy.
Category: United States Politics and Government
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Trump Project in Maldives Opens More Doors for Cryptocurrency Investors
The Trump Organization and its Middle East development partner have announced a project in the Maldives that marries two of the family’s most successful moneymaking enterprises.
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High Beef Prices? Trump Official Blames Biden and Migrants.
Treasury Secretary Scott Bessent said migrants were bringing sick cows across the border, snarling beef supply chains.
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Bill Ivey, Who Soothed Critics of Federal Arts Agency, Dies at 81
By reducing the National Endowment for the Arts’s focus on avant-garde work, he eased conservative anger and won increased funding.
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The Crypto Industry’s $28 Billion in ‘Dirty Money’
As President Trump has championed crypto and the industry has gone mainstream, funds from scammers and other criminal groups have flowed onto major crypto exchanges.
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Trump Administration Lifts Some Food Tariffs in Effort to Ease Prices
It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place.
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F.D.A. Sharply Limits Use of Drug Linked to Two Teen Deaths
A gene therapy for Duchenne muscular dystrophy caused complications to the liver, prompting a review of its use for younger patients.
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Trump Administration Scraps Cash Payments for Delayed or Canceled Flights
A Biden-era rule, now halted, would have forced airlines to pay passengers up to $775 in cash for significant flight disruptions.
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Trump Turns to Affordability Message Amid Economic Frustration
The Trump administration is facing backlash from American consumers as higher costs from tariffs blunt wage gains.
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Conservative Media Picks an Epstein Story Line and Sticks to It
Right-wing outlets have focused on a single redacted name in the 23,000 pages of correspondence related to Jeffrey Epstein that were released on Wednesday.
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Kennedy Walks a Tightrope on Trump Deal for Obesity Drugs
The weight loss medicines are proving to be a test case for Robert F. Kennedy Jr., the health secretary, in straddling divisions between his supporters and the president.