Jun 04 U.S. and European trade negotiators make progress but no breakthrough yet By Catherine Gaschka and Sam McNeil, Paul Wiseman, Associated Press The European Union’s top trade negotiator, Maroš Šefčovič, met Wednesday with his American counterpart, U.S. Trade Representative Jamieson Greer, on the sidelines of a meeting of the Organization for Economic Cooperation and Development. Continue reading
Jun 04 How Trump's big bill will affect taxes, the deficit and health care, according to the budget office By Lisa Mascaro, Associated Press President Donald Trump’s big bill making its way through Congress will cut taxes by $3.7 trillion but also increase deficits by $2.4 trillion over the next decade, according to an analysis released Wednesday by the nonpartisan Congressional Budget Office. Continue reading
Jun 04 Trump's 50% tariffs on steel and aluminum go into effect. Here's what to know By Wyatte Grantham-Philips, Associated Press Economists warn that such heightened levies could significantly squeeze the wallets of both companies and shoppers alike. But President Donald Trump argues that his latest import taxes are necessary to protect U.S. industries. Continue reading
Jun 04 South Korea's new president vows to pursue talks with North Korea and bolster ties with U.S., Japan By Hyung-Jin Kim, Kim Tong-Hyung, Associated Press President Lee Jae-myung said he'll pursue pragmatic diplomacy and boost a trilateral Seoul-Washington-Tokyo cooperation based on the South Korea-U.S. alliance. Lee won a snap election Tuesday for a five-year term. Continue reading
Jun 04 WATCH: OMB Director Vought testifies in House budget hearing after Trump seeks to rescind $9 billion in spending By Josh Boak, Associated Press The White House on Tuesday officially asked Congress to claw back $9.4 billion in already approved spending, taking funding away from programs targeted by Elon Musk's Department of Government Efficiency. Continue reading
Jun 03 Watch 7:35 Ex-DOGE staffer: 'I have no idea' who was in charge By Laura Barrón-López, Sarah Clune Hartman, Shrai Popat Billionaire Elon Musk has returned to his business ventures after leaving the White House and his role with the so-called Department of Government Efficiency. During Musk’s tenure in the Trump administration, DOGE was tasked with gutting the federal workforce and… Continue watching
Jun 03 Read Trump's memo asking Congress to take back approved funding for foreign aid, PBS, NPR By Steff Staples President Donald Trump asked Congress on Tuesday to take back $9.4 billion in federal funding for foreign aid, the State Department and public media. Continue reading
Jun 03 Trump formally asks Congress to claw back approved spending targeted by DOGE By Associated Press The process known as rescission will take funding away from programs targeted by Elon Musk's Department of Government Efficiency. Continue reading
Jun 03 Musk slams Trump's 'big, beautiful' bill as GOP senators race to meet July 4th deadline By Lisa Mascaro, Mary Clare Jalonick, Associated Press Trump met with Senate Majority Leader John Thune at the White House early this week and has been dialing senators for one-on-one chats, using both the carrot and stick to encourage them to act. Continue reading
Jun 03 Meta signs 20-year deal with nuclear plant, signals AI's growing energy needs By Matt O'Brien, Associated Press AI already uses vast amounts of energy, much of which comes from burning fossil fuels, which causes climate change. Continue reading