The FDIC's goal is to prevent another banking crisis. It's now also a Trump target
President Trump's sweeping cuts to the federal government are also threatening a key banking watchdog.
President Trump
Trump shifts date for Canada and Mexico tariffs — again
Little about how Trump discusses tariffs is normal — not only because he threatens tariffs on a weekly, even daily, basis, but also because it's often unclear if or when those tariffs will happen.
Trump funding freeze includes payments to keep the Colorado River flowing
President Biden promised billions in funds to farmers and others to not take water from the Colorado River. President Trump is halting some of those funds, leaving questions about the river's future.
DHS memo lays out plans to detain migrants at Fort Bliss and other U.S. bases
The Trump administration is developing plans to build immigration detention facilities on bases nationwide, a step that could significantly expand the military's role in immigration enforcement.
Trump administration plans mass firing at office that funds homelessness programs
Staffing at the HUD office that pays for housing and support services across the country is slated to be cut by 84%. Advocates warn such heavy cuts could make record-high homelessness even worse.
A gold-framed Trump mug shot is hanging just outside the Oval Office
President Trump's mug shot is one of the first things visitors will see when approaching the Oval Office.
Trump claims expanded power over independent agencies
The executive order would affect agencies like the SEC and FDIC, but it excludes the Federal Reserve's Board of Governors and Open Market Committee.
A federal judge has denied states' bid to halt DOGE and Musk's work
A federal judge has denied a bid to temporarily halt DOGE from its controversial work at certain federal agencies. Meanwhile, the White House says Elon Musk is not technically DOGE's leader.
Trump funding freeze halts decades of U.S. democracy work around the world
Congress created several organizations in 1980s to strengthen democratic institutions worldwide. Human rights activists say the freeze is a gift to authoritarians like Xi Jinping and Vladimir Putin.
HUD employees are bracing for what they hear will be 'drastic' staff cuts
As federal layoffs mount, sources say the Trump administration plans a 50% staffing cut at the federal housing agency. The moves come amid an affordable housing shortage and record high homelessness.