Jul 21 Watch 6:16 What the new student loan rules mean for current and future borrowers By Geoff Bennett, Karina Cuevas President Trump’s new tax and spending law brings sweeping changes to the federal student loan system, affecting both current and future borrowers. Nearly half a million borrowers could see their payments spike after the Department of Education scrapped most existing… Continue watching
Jul 18 Trump’s pivot to ‘trade not aid’ leaves African nations wary as they face tariffs and uncertainty By Farai Mutsaka, Associated Press President Donald Trump’s new Africa strategy shifts from aid to trade under a “commercial diplomacy” push, urging ambassadors to broker business deals rather than manage aid programs. Continue reading
Jul 18 WATCH: Trump signs law creating regulations for dollar-linked ‘stablecoin’ cryptocurrencies By Seung Min Kim, Alan Suderman, Associated Press The GENIUS Act sets initial guardrails and consumer protections for stablecoins, which are tied to assets like the U.S. dollar to reduce price volatility compared with other forms of cryptocurrency. It passed both the House and Senate with wide bipartisan… Continue reading
Jul 17 WATCH: House Republicans hold press briefing after passage of cryptocurrency bills By Mary Clare Jalonick, Joey Cappelletti, Alan Suderman, Associated Press The House has passed three bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “crypto capital of the world.”… Continue reading
Jul 17 What’s in the GOP bill clawing back $9 billion from foreign aid and public broadcasting? By Kevin Freking, Associated Press The Senate approved the vast majority of President Donald Trump's request in the early morning hours Thursday, 51-48. Continue reading
Jul 16 Watch 7:11 What to know about the crypto regulation bills By Lisa Desjardins, Jackson Hudgins Congress is moving toward passing a series of bills that would be the first to regulate the crypto industry. The GENIUS Act regulates stablecoins while the Clarity Act regulates digital currency overall, splitting oversight between the Securities and Exchange Commission… Continue watching
Jul 16 WATCH: Trump says it’s ‘highly unlikely’ he’ll fire Fed chair Powell By Hannah Grabenstein President Donald Trump responded to reports that he had drafted a letter in preparation for firing Jerome Powell. Continue reading
Jul 16 How bipartisan support helped foundations avoid a 600% tax increase in Trump’s big tax and spending law By Thalia Beaty, Associated Press The move reveals the power of philanthropic groups, especially conservative ones, to sway legislators. Continue reading
Jul 16 How Trump could use an expensive Fed building renovation to oust Powell By Christopher Rugaber, Josh Boak, Associated Press President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, who has resisted the Republican president's calls to slash interest rates out of concerns about the administration's tariffs sparking… Continue reading
Jul 15 Watch 6:39 How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision By William Brangham, Jackson Hudgins A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest… Continue watching