Economy

Politics 2 hours ago

Democrat senator backs Trump's 'common sense move' to fire the penny

Sen. Jacky Rosen came out in support of President Donald Trump's plan to end production of the penny, which she agreed would save money.

White House 1 day ago

How Trump might get rid of the penny — and what could come next for your pocket change

Trump said he wants the Treasury Department to stop minting pennies because of their high manufacturing costs.

Homeland Security 1 day ago

Trump’s Department of Homeland Security looking to deputize IRS agents for immigration enforcement

DHS Secretary Kristi Noem sent a letter to U.S. Treasury secretary Scott Bessent, asking that IRS agents be provided to assist with immigration and enforcement efforts.

White House 1 day ago

'Constitutional crisis': The Impoundment Control Act takes center stage after Russell Vought's confirmation

Here's a look at what's up for debate regarding government spending — and what changes could emerge during the Trump administration.

Donald Trump 1 day ago

Trump admin files motion to vacate restraining order prohibiting DOGE access to Treasury payment systems

The Trump administration has filed a motion to vacate or modify a temporary restraining order blocking DOGE from accessing Treasury Department payment records.

Opinion 1 day ago

Capping credit card interest is a truly awful idea

Sen. Josh Hawley said he has teamed up with the consummate supporter of every bad economic idea, Sen. Bernie Sanders, to introduce an arbitrary 10% cap on credit card interest rates.

Trade 1 day ago

Here's how Trump's tariffs on China could impact drug pricing and other healthcare costs

While Trump's tariffs could have a broad impact on healthcare prices, it is likely they will not have the devastating result that some may be expecting, health policy and trade experts say.

Elon Musk 2 days ago

Judge's 'hopelessly ambiguous' order barring DOGE from Treasury sparks concern Bessent may also be locked out

Federal Judge Paul Engelmayer's ruling baring DOGE from accessing Treasury data may also bar Secretary Bessent, according to legal experts and conservative critics.

Donald Trump 2 days ago

New poll shows what Americans think of Trump's performance in second term

President Donald Trump earned high marks for following through on promises and for his handling of the border and overseas conflicts, according to a new CBS/YouGov poll.

Media 2 days ago

HBO’s Bill Maher calls out Democrats, says party lost because it had a message people just didn’t like

HBO host Bill Maher ripped newly elected DNC Chair Ken Martin, arguing his election does not prove that the Democratic Party will be listening to voters.