Latest in Trump’s White House plans loom large over Fed
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FirstFT: Trump 2.0 looms large over Fed’s 2025 outlook
Also in today’s newsletter, sentencing in France’s mass rape case and the FT’s Person of the YearFinancial Times - 1h -
Trump’s White House plans loom large over Fed
Tariff threats partly to blame for ‘striking’ increase in central bank’s US inflation forecasts, say economistsFinancial Times - 7h -
The fate of the first-ever White House Gender Policy Council is uncertain in Trump's administration
During the transition period between President Joe Biden and President-elect Donald Trump, there has been at least some coordination on West Wing affairsABC News - 17h -
White House blasts Trump, GOP over spending threats
The White House on Wednesday blasted President-elect Trump and Republicans for sinking a proposed government spending deal, raising the possibility of a shutdown. “Republicans need to stop playing ...The Hill - 11h -
Fed cuts interest rate for third time this year as economic uncertainty looms
The Federal Reserve announced a quarter-point cut to its key interest rate Wednesday, an effort to keep stable what appears to be a steady but cooling economy.NBC News - 17h -
Trump Jr. knocks CR over provision on subpoenas for House data
Donald Trump Jr. knocked the continuing resolution (CR) on Wednesday over a provision concerning subpoenas for House data, piling on pushback from President-elect Trump’s allies to the stopgap ...The Hill - 17h -
Business Owners Excited as Trump Returns to the White House
Several surveys show c-suite leaders at big and small companies anticipate an economically strong 2025 expansion under Trump, though consumers still echo Biden-era gloom.Inc. - 1d -
Trump team working out immigration plans, pushing for large-scale deportations
President-elect Donald Trump is pushing for a major mass deportation plan to commence during his first 100 days in office. CBS News immigration and politics reporter Camilo Montoya-Galvez has the ...CBS News - 1d -
White House addresses growing concerns over drones sightings
White House spokesman John Kirby joins TODAY to talk about the mysterious drone sightings along the East Coast, saying "Right now our assessment leads us to conclude that these are lawful and legal ...NBC News - 1d -
Trump leans on extended family for key White House roles
President-elect Trump’s extended family will fill his inner circle during his second term while his immediate family members step back from formal roles, a change in dynamics from his first ...The Hill - 3d -
Sad but true – Donald Trump really did wrestle his way into the White House | David Moon
The president-elect’s victory was straight out of the pro wrestling playbook. Voters knew it was fake, but they loved it. Do you remember World Wrestling Entertainment? For many people, the show, ...The Guardian - 5d -
These House Democrats bucked the White House on judges bill
More than two dozen Democrats approved a House bill that would create new judicial seats on Thursday despite President Biden's threat to veto the bill. California’s delegation had the most House ...The Hill - 6d -
Trump says he'll pardon Jan. 6 defendants in first hour back in White House
President-elect Trump says he intends to pardon "most" rioters accused or convicted of storming the Capitol on Jan. 6, 2021, in one of the first official acts of his second presidency. “It’s going ...The Hill - 6d -
Howard Lutnick: Tether’s friend in the White House
Also in today’s newsletter, ‘We’re in a very, very dangerous world right now,’ warns Republican stalwart senator Mitch McConnellFinancial Times - 6d -
White House holds press briefing
Watch live coverage as White House Press Secretary Karine Jean-Pierre holds a press briefing.NBC News - Dec. 12 -
White House warns Trump of consequences of undoing key parts of Biden's legacy
Outgoing President Joe Biden’s White House is warning Donald Trump and Republicans about the economic and climate consequences of undoing his major laws.NBC News - Dec. 11 -
Trump's White House return is already pushing Europe and the UK closer together
U.K. Chancellor Rachel Reeves travelled to Brussels on Monday to convene with her EU counterparts in the first such encounter since Britain left the European Union.CNBC - Dec. 11 -
White House outlines priorities for last 42 days
White House chief of staff Jeff Zients on Monday outlined the priorities for President Biden’s final days in office, highlighting that another student debt cancellation announcement is forthcoming ...The Hill - Dec. 9 -
Trump outlines more plans for second term in White House
President-elect Donald Trump discussed tariffs, birthright citizenship and potential pardons for Jan 6, 2021, rioters during an interview regarding his first days in the White House for his second ...CBS News - Dec. 9 -
What will Trump do on his first day back in the White House?
The president-elect made a number of promises in an interview with NBC NewsBBC News - Dec. 9 -
Trump return to DC looms over Kennedy Center Honors
In a night filled with political moments — including multiple nods to President Biden, a Grateful Dead tribute from former Speaker Nancy Pelosi (D-Calif.) and accolades for ...The Hill - Dec. 9 -
Trump is stacking his White House roster with uber-rich backers
President-elect Donald Trump is filling his next administration with billionaires and other mega-wealthy figures.CNBC - Dec. 8 -
Trump Says He Does Not Have Plans to Replace Jerome Powell as Fed Chair
Donald J. Trump, the president-elect, said he doesn’t “see it” when asked if he would try to oust the head of America’s central bank.The New York Times - Dec. 8 -
Full interview: Donald Trump details his plans for Day 1 and beyond in the White House
President-elect Donald Trump sits down with Kristen Welker for an exclusive and wide-ranging interview on Meet the Press.NBC News - Dec. 8 -
White House discusses preemptive pardons for Trump critics
The White House is considering if President Biden should preemptively protect those who have been critical of President-elect Trump ahead of an incoming administration focused on retribution, a ...The Hill - Dec. 6 -
Trump announces new role for his administration: 'White House AI and crypto czar'
Donald Trump names David Sacks White House AI and crypto czar.ABC News - Dec. 6 -
Trump names David Sacks as White House ‘AI and crypto czar’
President-elect Donald Trump said Thursday night that venture capitalist David Sacks will join his administration as “AI and crypto czar.”MarketWatch - Dec. 6 -
On Trump tax cuts, energy and immigration plans, clash emerges between House, Senate GOP leaders
Jason Smith, Chair of House Ways and Means, tells CNBC that his voting majority will be extremely slim for passing President-elect Trump's tax cut promises.CNBC - Dec. 5 -
NATO chief urges European allies to ramp up defense spending as Trump returns to White House
NATO Secretary-General Mark Rutte is leading a fresh push for European countries to ramp up defense spendingABC News - Dec. 4 -
Trump asks Georgia court to end criminal election interference case, cites White House win
President-elect Donald Trump faced four criminal cases going into the 2024 election against Vice President Kamala Harris. Only two cases remain now.CNBC - Dec. 4 -
Powell ‘not concerned’ over risks Trump will stifle Fed independence
US central bank chief says his institution has ‘broad support’ on Capitol HillFinancial Times - Dec. 4 -
Trump changes White House counsel pick, tapping David Warrington
President-elect Trump on Wednesday announced a change in his choice to serve as White House counsel in his upcoming administration, tapping his top campaign lawyer, David Warrington, for the job. ...The Hill - Dec. 4 -
Trump Replaces His White House Counsel Before He Even Started the Job
The shake-up is a sign that the new administration may see the same chaos and infighting that so often plagued President-elect Donald J. Trump’s first term in office.The New York Times - Dec. 4 -
White House press corps recoils at Trump's threat to shake up briefing room
Signals from President-elect Trump's team that a shake-up of the White House Press Briefing Room could be coming are roiling journalists preparing to cover his second term. People close to Trump ...The Hill - Dec. 4 -
Trump's children won't have White House roles in his second term
As President-elect Donald Trump assembles a senior staff and Cabinet for his second administration, there are notable absences: his children.NBC News - Dec. 4 -
California lawmakers unveil new abortion protections ahead of Trump return to White House
California lawmakers unveiled two new pieces of legislation to protect abortion access in the state ahead of President-elect Trump’s return to the White House in January. The first of the two ...The Hill - Dec. 3 -
'Realistic' green policies good for the U.S., Aramco CEO says, with Trump to return to White House
Trump has pledged to "end Biden's delays in federal drilling permits and leases that are needed to unleash American oil and natural gas production."CNBC - Dec. 3 -
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Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - Dec. 3 -
Incoming House majority squeezed by Trump's planned appointments
President-elect Donald Trump's selection of a number of House Republicans to fill top posts in his administration is pulling from an already shallow bench.CBS News - Dec. 2