Aug 29 Untested in court, Trump's new tariffs on Canada raise legal questions By Paul Wiseman, Associated Press The president’s Section 338 tariff authority has never been used, let alone tested in court. Continue reading
Aug 29 Warsh raises stakes for Fed's next meeting, and other takeaways from Jackson Hole conference By Christopher Rugaber, Associated Press Warsh's high-profile speech at the Fed's annual Jackson Hole economic conference was mostly praised afterward by economists and other Fed policymakers in attendance. Still, there was also some pushback and criticism during the first day of the conference. Continue reading
Aug 28 Trump says U.S. has entered deal with Venezuela to control 65 billion barrels of its oil reserves By Aamer Madhani, Associated Press The announcement of the deal comes nearly nine months after the U.S. military at Trump’s direction carried out an operation to capture Venezuela’s president Nicolás Maduro and spirit him to the United States to face federal narcoterrorism and drug trafficking charges. Continue reading
Aug 28 Watch 5:56 News Wrap: Friday marks 6 months since Iran war started In our news wrap Friday, it has been six months since the U.S. and Israel launched strikes on Iran, a conflict that President Trump said would last weeks, Trump honored the Artemis II crew with the Congressional Space Medal of… Continue watching
Aug 28 Watch 6:11 Fed Chair Warsh not ruling out interest rate hike amid inflation concerns By Amna Nawaz, Karina Cuevas, Amalia Huot-Marchand Federal Reserve Chair Kevin Warsh said there is still work to do on inflation. At the Fed’s annual economic symposium in Jackson Hole, Wyoming, Warsh also said that although he is not committed to a rate hike, he is not… Continue watching
Aug 28 Watch 6:59 National parks under strain from Trump's construction projects and political pressure By Amna Nawaz, Doug Adams Americans continue to flock to the national parks, with more than 320 million visitors in the last year alone. But that broad appeal is facing new political pressures, from orders to revise exhibits to President Trump's construction projects. Amna Nawaz… Continue watching
Aug 28 Watch 11:54 Brooks and Capehart on Trump's 'forever trade war' By Geoff Bennett, Ali Schmitz David Brooks of The Atlantic and Jonathan Capehart of MS NOW join Geoff Bennett to discuss the week in politics, including President Trump's trade war and dispute with Canada, the legal fight over mail-in ballots, the public backlash to AI… Continue watching
Aug 28 National Park Service backs Trump's arch, despite its impact on key Washington sightlines By Matthew Daly, Associated Press A new National Park Service report backs President Donald Trump’s proposed arch, despite what it says are adverse effects to the sightline between a host of iconic landmarks in Washington, including the Washington Monument and Lincoln and Jefferson memorials. Continue reading
Aug 28 U.S. targets Egyptian bank's UAE branches under new push for Iran's economic isolation By Fatima Hussein, Farnoush Amiri, Associated Press Under a new rule proposed Friday by the Treasury Department, the Emirati branches of Banque Misr, Egypt’s second-largest bank, would be severed from access to the U.S. financial system. Continue reading
Aug 28 Trump loses again in bid to erase his hush money conviction By Michael R. Sisak, Larry Neumeister, Associated Press It is the third time Judge Alvin K. Hellerstein has blocked Trump from having the U.S. District Court in Manhattan seize control of the case from the New York court where he was tried and convicted. Continue reading