Stocks Plummet After Trump Confirms Mexico, Canada Tariffs to Go Forward
U.S. stocks plummeted Monday afternoon after President Donald Trump confirmed that blanket tariffs on Canada and Mexico would begin Tuesday. (Image source: MSN Money, 03/03/2025)
Laughter ensues in court as Trump DOJ lawyer offers embarrassing answer: reporter
President Donald Trump's administration was back in court Monday to justify its actions in dismantling of the Consumer Financial Protection Bureau (CFPB).
Source: Allison Robbert (pool via Reuters - file photo)
'Issue that derails his second term': Trump move met with allegation of 'naked corruption'
Donald Trump over the weekend made a major announcement about cryptocurrency, leading onlookers to accuse the president of "naked corruption."
Credit: Bloomberg
SEC Offers Employees $50K To Retire Or Quit
Based on reports from Bloomberg, the U.S. Securities and Exchange Commission is offering eligible employees a $50,000 incentive to voluntarily resign or retire by April 4, 2025, as part of a broader initiative to reduce the size of the federal workforce.
Credit: MedicareRights.org
House Advances Budget Plan Devastating to Medicaid
Late Tuesday, February 25, 2025, House Republicans narrowly passed their budget resolution, paving the way for a reconciliation bill that advances key Trump administration priorities around tax and spending cuts.
As expected, the approved resolution directs the House Committee on Energy and Commerce, which has jurisdiction over Medicaid, to find $880 billion in savings—a number that is impossible to reach without slashing the program.
Credit: Chip Somodevilla, Getty Images
Trump Pulls the Plug on Foreign Aid
The Trump administration has pulled the plug on foreign aid, leading to a major crisis in the nonprofit sector. In response, the MacArthur Foundation announced it will increase its giving by $150 million over the next two years to help offset the impact.