According to the Wall Street Journal, U.S. Treasury Secretary Vincent will begin interviews with candidates for Federal Reserve Chair on Friday.
According to the US financial media Semafor, employees of the US State Department are preparing for large-scale layoffs that may start this Friday local time after the US Supreme Court paved the way for the Trump administration to move forward with plans for restructuring and streamlining. On Tuesday, the Supreme Court reversed a lower court ruling that blocked the original layoffs, which could be in the thousands. According to multiple sources, the US State Department has expected...
According to the AXIOS website, U.S. Senate Majority Leader Thune said on Tuesday that he expects to begin voting on Trump's "beautiful big bill" on Friday, which will keep the vote open until the weekend and disrupt the House's recess plans for next week. But Thune is confident that Congress will send the bill to Trump by the July 4 deadline. Thune met with House Speaker Johnson around noon on Tuesday. In...
US President-elect Donald Trump and his family on Friday began selling a cryptocurrency token bearing Trump's image from last July's assassination in a potentially lucrative new venture, but ethics experts have slammed it as a blatant attempt to cash in on the opportunity to be president again. Adav Noti, executive director of the non-profit ethics organisation Campaign Legal Centre, said: "This is actually using the presidency to make money - creating a financial vehicle that allows people to s...