Aug 07 Watch 5:23 Louisiana's high Medicaid reliance places state on frontlines of health care cuts By Lisa Desjardins, Sarah Clune Hartman President Trump's big budget law is expected to make the largest cuts ever to Medicaid, a program that currently provides health insurance for some 70 million Americans. As Lisa Desjardins reports, those impacts will be felt in House Speaker Mike… Continue watching
Aug 07 Watch 6:03 A look at Trump's legal authority over DC as he threatens federal takeover By William Brangham, Ian Couzens President Trump continues to direct his ire at Democrat-run cities for what he calls an out-of-control crime wave, despite FBI data showing crime down in every category. This week, he went as far as threatening a federal takeover of Washington… Continue watching
Aug 07 Trump says he is nominating top economic aide Stephen Miran to Federal Reserve board By Christopher Rugaber, Josh Boak, Associated Press The appointment is Trump’s first opportunity to exert more control over the Fed, one of the few remaining independent federal agencies. Trump has relentlessly criticized the current chair, Jerome Powell, for keeping short-term interest rates unchanged. Continue reading
Aug 07 Trump opens door for 401(k) retirement plans to invest in private equity and crypto By Ken Sweet, Associated Press Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments, according to an executive order signed Thursday by President Donald Trump that could give those financial players long-sought access to a… Continue reading
Aug 07 AP report: More FBI leaders forced out, including ex-director who resisted turning over Jan. 6 agents' names By Eric Tucker, Associated Press The FBI Agents Association said in a statement that it was concerned by reports of the firings of senior leaders and that it was reviewing all legal options to defend its members. Continue reading
Aug 07 U.S. Air Force to deny retirement pay for transgender troops being separated from service By Konstantin Toropin, Associated Press An Air Force spokesperson told The Associated Press that “although service members with 15 to 18 years of honorable service were permitted to apply for an exception to policy, none of the exceptions to policy were approved.”… Continue reading
Aug 07 Construction at Florida's 'Alligator Alcatraz' detention center temporarily halted by judge's order By David Fischer, Associated Press The facility can continue to operate and hold detainees for U.S. Immigration and Customs Enforcement, but workers will be barred from adding any new filling, paving or infrastructure for the next 14 days. Continue reading
Aug 07 WATCH: Trump honors Purple Heart recipients, including 3 who sent him medals after Butler shooting By Meg Kinnard, Associated Press President Donald Trump recognized nearly 100 recipients of the Purple Heart at the White House on Thursday, including three service members who gave him their own medals after an attempt on his life at a Pennsylvania campaign rally. Continue reading
Aug 07 WATCH: Trump presents data with economist Stephen Moore, days after BLS chief fired By Associated Press The White House invited journalists into the Oval Office Thursday afternoon for a surprise appearance by conservative economist Stephen Moore. President Donald Trump also said he would meet with Russian President Vladimir Putin even if the Russian leader won’t meet… Continue reading
Aug 07 Trump's planned 100% tariff on computer chips sparks confusion By Matt O'Brien, Mae Anderson, Associated Press The U.S. imports a relatively small number of chips because most of the foreign-made chips in a device — from an iPhone to a car — were already assembled into a product, or part of a product, before it landed… Continue reading