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Trump signs order to ease US marijuana regulations, sparking industry hopes
WASHINGTON, Dec 18 (Reuters) – U.S. President Donald Trump on Thursday signed an order directing the loosening of federal regulations on marijuana, a move that could further reverse decades of tough-on-weed policy. Trump’s order instructs the attorney general to quickly move ahead with reclassifying marijuana. If that happens, the psychoactive plant would be listed alongside […]
Trump’s $100,000 H-1B visa fee draws legal challenge from US states
California and 18 states are suing to block Trump’s $100K H-1B visa fee, arguing it exceeds federal authority and threatens key industries.
Trump Launches $1M ‘Gold Card’ Offering Path to Citizenship
Trump launches a $1M “gold card” offering legal status and a path to citizenship, replacing the EB-5 visa to attract skilled workers.
Fed cuts rates again but signals pause ahead
WASHINGTON (AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that could attract ire from President Donald Trump, who has demanded steep reductions to borrowing costs. In a statement […]
Trump allows limited Nvidia chip sales to China
Trump will allow Nvidia to sell H200 AI chips to approved buyers in China, sparking praise from industry leaders and objections from Democratic senators.
Trump plans $12B aid for farmers hit by trade war
WASHINGTON (AP) — President Donald Trump is planning a $12 billion farm aid package, according to a White House official — a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war. According to the official, who was granted […]
Supreme Court signals backing for Trump in FTC firing case
The Supreme Court signals support for expanding presidential control over agencies in Trump’s firing of an FTC board member.
OECD lifts global, US growth outlook for 2025
WASHINGTON (AP) — The world economy has proven surprisingly durable in the face of President Donald Trump‘s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S. economic growth this year. The 38-country OECD now forecasts that the world economy will grow 3.2% this year, down a tick […]
Trump’s semiconductor tariff plan likely delayed, officials say
US officials signal Trump’s planned 100% semiconductor tariffs may be delayed as the administration weighs China tensions and consumer price risks.
Trump nominates new CFPB director
NEW YORK (AP) — President Trump nominated Stuart Levenbach as the next director of the Consumer Financial Protection Bureau, using a legal maneuver to keep his budget director Russell Vought as acting director of the bureau while the Trump administration continues on its plan to shut down the consumer financial protection agency. Levenbach is currently […]
US trade deficit drops 24% as tariffs cut imports
US trade deficit fell 24% in August as Trump’s global tariffs reduced imports, dropping the gap to $59.6B, Commerce Department reports.
Fed’s Lisa Cook disputes mortgage fraud allegations
WASHINGTON (AP) — In a letter to Attorney General Pam Biondi on Monday, lawyers for Federal Reserve Governor Lisa Cook disputed allegations by a Trump administration official that she committed mortgage fraud. President Donald Trump used the accusation as a basis to seek her firing, the first time a president has sought to remove a Fed governor in […]
