White House Fires Back at NY Fed Research Arguing Americans Shoulder Most Tariff Costs

A political clash is brewing between the White House and central-bank researchers after Kevin Hassett publicly suggested punishment for the authors of a Federal Reserve Bank of New York analysis that challenges the administration’s tariff narrative. In a February 18 interview with CNBC, Hassett said the research was “an embarrassment,” called it “the worst paper” […]

Billionaire Trump nominee confirmed to lead NASA amid Moon race

The US Senate on Wednesday approved President Donald Trump’s re-nomination of billionaire Jared Isaacman to head NASA, following months of backtracking and uncertainty over the space agency’s future. The 42-year-old businessman made his fortune in online payment processing and has a personal passion for space. He will take over as administrator of the US agency […]

Trump says firebrand ally Greene has ‘lost her way’ after criticism

It used to be a political match made in MAGA heaven. But US President Donald Trump fell out with hard-right lawmaker Marjorie Taylor Greene on Monday, saying she had “lost her way” after a series of critical comments. The firebrand Republican congresswoman from Georgia was previously a diehard pro-Trump supporter but has emerged as an […]

Trump unveils deals to lower costs of some weight-loss drugs

US President Donald Trump announced deals Thursday with pharmaceutical giants Eli Lilly and Novo Nordisk to lower the prices of some popular weight-loss drugs, in exchange for relief from threatened tariffs. Both companies “have agreed to offer their most popular GLP-1 weight-loss drug,” Trump said at the White House, “at drastic discounts.” “Eli Lilly and […]