Federal Housing Finance Agency Director Bill Pulte had sent his criminal referral against Fed Governor Lisa Cook to the Attorney General on August 15. He didn’t release it publicly until Wednesday, five days later — and Trump posted “Cook must resign, now!!!” within thirty minutes of it hitting soci
A day after eight European leaders crowded into the White House alongside Zelensky, the number that mattered most wasn’t a troop count or a border line — it was a purchase order. Ukraine offered to buy $90 to $100 billion of American weapons and equipment, financed through its European partners, in
Tuesday’s inflation report gave the Fed exactly what it needed to justify what markets had already priced as inevitable — a cooler-than-expected CPI print pushed the odds of a September rate cut toward certainty, and by Wednesday, stocks were setting records while volatility measures kept falling.
One week after Trump fired the Bureau of Labor Statistics commissioner for publishing a July jobs report he didn’t like, the fallout wasn’t really about July anymore. It was about every number the agency publishes next.
Wednesday morning, Trump signed an executive order that had nothing to do with trade deficits or fentanyl — it accused India, by name, of “directly or indirectly importing” Russian oil, and used that finding to double the country’s tariff rate to 50 percent, among the highest the US has placed on an
Late Thursday, hours before his own self-imposed deadline, Trump signed Executive Order 14326, setting final country-specific tariff rates from 10 to 41 percent for dozens of trading partners — effective not Friday, but one week later, August 7, the same one-week grace period he’d already given Japa
By Tuesday, the market was holding its breath for two binary events in three days — a Federal Reserve decision Wednesday and a tariff deadline Friday — and Treasury Secretary Scott Bessent used the pause to lower expectations rather than raise them.
No president had visited the Federal Reserve’s headquarters since George W. Bush attended Ben Bernanke’s swearing-in in 2006. Trump went Thursday, in a hard hat, ostensibly to inspect a renovation — and used the cameras to publicly dispute the project’s cost with the Fed chairman standing next to hi
Trump announced the deal on Truth Social Tuesday night, and the number that stood out wasn’t the tariff rate. It was the split — Japan would invest $550 billion into projects selected by the US government, and Washington, Trump wrote, would “receive 90% of the Profits.”
On Friday, Trump signed the GENIUS Act into law at a White House ceremony packed with crypto executives — the first federal law regulating stablecoins, and by design, a mechanism for manufacturing new demand for US government debt.
Over one weekend, Trump signed and posted more tariff letters than most administrations issue in a term — 30 percent on the European Union and Mexico starting August 1, layered on top of a 35 percent threat against Canada and a 50 percent threat against Brazil, delivered not through a State Departme
At The Hague on June 25, all thirty-two NATO members signed onto a target that had been unthinkable a decade earlier — 5 percent of GDP on defense and defense-related spending by 2035, more than double the 2 percent floor set in 2014 that most allies still hadn’t reached.
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