Trump rearms for another fight to axe federal funding

Trump's Tariff Threats Push Europe to Gear Up for Trade Fight

U.S. duties could nudge the European Union toward protectionist measures and away from free trade.

The Wall Street Journal - Jan. 19

Moderna Gets $590 Million of Federal Funding For Influenza Vaccines

The package will provide additional support for late-stage development and licensure of pre-pandemic mRNA-based vaccines, the company said

The Wall Street Journal - Jan. 17

Sam Altman claps back at Senate inquiry into Trump inaugural fund donation

OpenAI CEO and co-founder Sam Altman clapped back at two Democratic senators' inquiry into his $1 million personal donation to President-elect Trump's inaugural fund, quipping Friday he was not ...

The Hill - Jan. 17

‘We are ready’: the ACLU is prepared to fight Trump’s attacks on civil liberties

Organization faces arguably its biggest test with Trump’s return to power with deportation, free speech and immigration on the agenda. The American Civil Liberties Union, a leading defender of ...

The Guardian - Jan. 17

Trump and bitcoin: BlackRock predicts another historic year for crypto

BlackRock ETF investment chief Samara Cohen thinks President-elect Donald Trump will push crypto-friendly policies.

CNBC - Jan. 16

Democrats look to thwart another trans military ban under Trump

Two House Democrats are looking to block President-elect Trump from enacting another ban on transgender people serving openly in the military, reintroducing legislation Thursday that would prevent ...

The Hill - Jan. 16

Will Ashley Moody, DeSantis' Rubio replacement, be another Trump ally in Senate?

Florida Gov. Ron DeSantis has selected Ashley Moody, the Sunshine State's attorney general, to replace Sen. Marco Rubio as he vies for the secretary of state role. CBS News' Scott MacFarlane reports.

CBS News - Jan. 16

A First-Day Trump Order: A Federal Stockpile of Bitcoin?

The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.

The New York Times - Jan. 16

Exclusive: Cannabis groups combine to push for federal reforms under Trump

U.S. Cannabis Roundtable is forming with backing from Cresco Labs, Trulieve, Green Thumb Industries, Verano and Curaleaf.

MarketWatch - Jan. 16

BP axes 4,700 jobs in cost-cutting drive

UK energy major under pressure from shareholders to turn around its performance

Financial Times - Jan. 16

A long road to rebuilding and fights over government funding await L.A. fire victims

The scenes of destruction in Los Angeles have brought a sense of déjà vu for Steve Crowder.

NBC News - Jan. 15

Trump's Canada and Greenland Threats Imperil China Fight, Says Departing Envoy

Nicholas Burns, the U.S. ambassador to China, also said he was leaving his post with deep concerns about the future of relations with China.

The Wall Street Journal - Jan. 15

Biden Trump-proofs $74bn in climate funding but $20bn remains vulnerable

Allocation of funds from Inflation Reduction Act makes it harder for president-elect to halt green initiatives. The Biden administration has raced to allocate $74bn of funding for climate ...

The Guardian - Jan. 14

MMA bold predictions: Is another trade brewing? Will Ngannou, McGregor fight again?

ESPN's insiders get audacious with their forecasts of what's to come in the UFC and elsewhere.

ESPN - Jan. 13

I’m a Federal Employee. This Is What We Need Most in the Trump Era.

Practical support matters more than encouragement.

The New York Times - Jan. 12

Jack Smith resigns from DOJ amid fight over Trump reports

Special Counsel Jack Smith formally resigned from the Department of Justice (DOJ) on Friday, a detail buried in a court filing as DOJ pushes to release his final report on his investigation into ...

The Hill - Jan. 11

Why this fund manager is fighting higher inflation with dividend stocks

These high-quality, dividend-paying stocks in 3 sectors stand to benefit from rising prices.

MarketWatch - Jan. 11

With Hearings Imminent, Partisan Fight Escalates Over Trump Cabinet

Democrats are demanding that Republicans slow consideration of picks for the new administration until they can review background checks, as the G.O.P. faces major pressure to quickly confirm them.

The New York Times - Jan. 10

California fires live updates: death toll likely to rise; Biden announces federal funding for fight against blazes

Robert Luna decries ‘unacceptable’ looting in fire-ravaged areas, while Palisades wildfire grows to nearly 20,000 acres. Full report: wildfires continue to rage in Los Angeles Visual ...

The Guardian - Jan. 9

Trump bid to ax sentencing denied by New York's highest court, leaving Supreme Court as last hope

New York's highest court on Thursday rejected President-elect Donald Trump’s bid to halt his sentencing Friday, and prosecutors urged the U.S.

NBC News - Jan. 9

California wildfires: Water supply becomes flashpoint in Trump-Newsom fight

The blazes burning across the Los Angeles region are not only devastating property and lives, but also fueling political argument over how to fight the fires, with President-elect Trump blaming ...

The Hill - Jan. 9

Biden pledges federal support in California for 180 days, well into Trump's term

President Biden on Thursday announced the federal government will support California’s efforts to fight the raging wildfires for 180 days. “We’re doing literally everything we can at a federal ...

The Hill - Jan. 9

Microsoft contributes $1 million to Trump's inauguration fund

Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.

CNBC - Jan. 9

Google and Microsoft donate $1m each to Trump’s inaugural fund

Tech giants follow footsteps of other major companies, including Amazon, Meta, OpenAI and Uber. Google and Microsoft have donated $1m each to Donald Trump ’s inauguration fund, following in ...

The Guardian - Jan. 9

Trump has limited powers to fight an economic cold war

The new president is not the man to shore up the US ‘economic security state’

Financial Times - Jan. 9

The Memo: Trump sparks political fight as Los Angeles wildfires rage

President-elect Trump has sparked a political battle over the wildfires ravaging Los Angeles even as those fires are still far from contained. Any suggestion that the disaster — which has already ...

The Hill - Jan. 8

Canada Suddenly Has No Leader, and No Plan, for a Trump Trade Fight

The united front that Canada presented in President-elect Donald Trump’s first term is fractured and distracted after Prime Minister Justin Trudeau’s resignation.

The Wall Street Journal - Jan. 8

The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve

The president-elect wants lower interest rates but Jerome Powell sees them staying high.

Inc. - Jan. 8

Johnson says no cuts to Social Security and Medicare to fund Trump's agenda

House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.

ABC News - Jan. 7

Trump allies' lawyer under consideration for top federal prosecutor in D.C.

John Irving, a former federal prosecutor who now represents several Trump-world figures, is under consideration to be named the U.S. attorney in Washington, D.C.

CBS News - Jan. 7

Hims & Hers donates $1 million to Trump's inauguration fund

OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.

CNBC - Jan. 7

Trump backtracks from 'one big, beautiful bill' to fund his agenda

After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.

ABC News - Jan. 6

FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds

Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problem

Financial Times - Jan. 6

Private equity to lobby Trump for access to savers’ retirement funds

Industry hopes incoming administration will open long-restricted private investments to individual investors