Category Archives: 24/7 Newsroom News

California’s Newsom, Pelosi Back Texas Democrats as Gop Warns of More Escalations Over Walkout

California’s Newsom, Pelosi Back Texas Democrats as Gop Warns of More Escalations Over Walkout

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom and former House Speaker Nancy Pelosi have appeared shoulder-to-shoulder with Texas Democratic lawmakers in a show of support for their nearly weeklong walkout. The standoff has blocked a vote on congressional voting maps sought by President Donald Trump. Pelosi defended the walkout in the appearance in Sacramento on Friday.…MORE

Trump Executive Order Gives Politicians Control Over All Federal Grants, Alarming Researchers

Trump Executive Order Gives Politicians Control Over All Federal Grants, Alarming Researchers

NEW YORK (AP) — An executive order signed by President Donald Trump aims to give political appointees power over the billions of dollars of grants that are awarded by federal agencies. The order signed Thursday requires agencies to appoint individuals responsible for reviewing federal funding opportunities and grants. Scientists say the order will undermine America’s…MORE

Trump to Nominate Top Economic Aide Stephen Miran to Federal Reserve Board

Trump to Nominate Top Economic Aide Stephen Miran to Federal Reserve Board

WASHINGTON (AP) — President Donald Trump has nominated a top economic adviser to the Federal Reserve’s board of governors for four months, temporarily filling a vacancy while continuing his search for a longer-term appointment. Trump on Thursday named Stephen Miran, the chair of the White House’s Council of Economic Advisers, to fill a seat vacated…MORE

Trump Orders Federal Regulators to Probe Bank Discrimination Against Conservatives

Trump Orders Federal Regulators to Probe Bank Discrimination Against Conservatives

NEW YORK (AP) — President Donald Trump has ordered an investigation into whether banks have discriminated against conservatives and industries like gun manufacturers and cryptocurrency companies. This executive order addresses “debanking,” where banks close accounts or refuse business with certain industries. Trump accuses banks like JPMorgan and Bank of America of targeting him and his…MORE

What US Consumers Can Expect From New Tariffs on Imported Goods

What US Consumers Can Expect From New Tariffs on Imported Goods

American businesses and consumers soon will have a better idea of how President Donald Trump’s foreign trade agenda might affect them. The United States imposed higher tariffs on products from dozens of countries on Thursday. The Budget Lab at Yale estimated that the country-specific import taxes and other tariffs put in place this year would…MORE

Intel CEO Responds After Trump Calls for His Resignation

Intel CEO Responds After Trump Calls for His Resignation

Intel CEO Lip-Bu Tan says he’s “always operated within the highest legal and ethical standards” after coming under pressure following President Donald Trump’s call for him to resign. In a message to employees, Tan said that there was misinformation circulating about his past roles at Walden International and Cadence Design Systems and that he’s always…MORE

Trump Opens the Door for Private Equity and Crypto as 401(K) Retirement Plan Options

Trump Opens the Door for Private Equity and Crypto as 401(K) Retirement Plan Options

NEW YORK (AP) — Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments. That’s according to an executive order signed Thursday by President Donald Trump. His order could give those financial players long-sought access to a pool of funds worth…MORE