Happy Wednesday! A new quarterly GDP report out today suggests that the U.S. economy is holding up well under the uncertainty created by President Trump's trade policies, but the details indicate underlying weakness. Given that outlook,…
Happy Monday! This is a huuuge week in President Donald Trump's trade war, as his August 1 deadline for deals with dozens of countries looms on Friday. Trump on Sunday announced a preliminary deal with the European Union. In his typically…
Happy Thursday! President Donald Trump visited Federal Reserve headquarters today and toured the bank's renovation project alongside Fed Chair Jerome Powell. This was no friendly social call, though. It was part of Trump's long pressure…
Good evening. The annual summer "jailbreak" took place this afternoon as the House finished its final floor votes and many members headed for the exits, not to return until September. Some work at the committee level continues, including…
Happy Tuesday! President Trump hosted Philippine President Ferdinand "Bongbong" Marcos Jr. at the White House today and announced a new trade deal calling for 19% tariffs on goods from the Philippines. The meeting between the two leaders…
Happy Monday! Politico's Brian Faler noted today that tax experts are struggling with an issue that has at times bedeviled us, too: Just how to refer to the recently passed Republican tax cut law. "In a town that loves clever acronyms, tax…
Happy Friday! President Donald Trump today signed into law a bill called the GENIUS Act, which introduces new regulations for stablecoins and is meant to shore up consumer confidence in cryptocurrency - an industry Trump and his…
Good evening. President Donald Trump is on the verge of another legislative victory, though a planned House vote on his request to claw back billions in spending was delayed today by an unrelated matter: GOP divisions over the handling of…
Happy Wednesday! Two big stories swirled around the White House today. President Trump again tried to tamp down the renewed uproar, much of it from his own supporters, over the scandalous case of convicted sex offender Jeffrey Epstein…
Happy Tuesday! Today is apparently National Give Something Away Day and here at TFT global headquarters we all got some White House Swedish Ivy. It's also National Gummi Worm Day and National Tapioca Pudding Day, so snack away while you…
Good evening! President Trump lobbed another tariff threat on Monday, this time as part of a pressure campaign to have Russia's Vladimir Putin end the war in Ukraine. Over in Congress, the Senate is preparing to take up Trump's $9.4…
Happy Friday! President Donald Trump traveled to Texas today to see the devastation from the recent flooding and meet with victims and rescue workers. The visit comes as questions still linger about the future of the Federal Emergency…
Good evening. White House Budget Director Russ Vought today ratcheted up President Donald Trump's battle against Federal Reserve Chair Jerome Powell, accusing the central banker of mismanagement. "The President is extremely troubled by…
Good evening. President Donald Trump launched a major salvo in his tariff war today, placing a 50% import tax on good from Brazil - though the move may have had more to do with personal grudges than trade policy. We've got details on that…
Happy Monday! Now that President Donald Trump has signed into law his so-called big, beautiful bill, the fiscal focus shifts to tariffs, the spending bills needed to avoid a government shutdown, rescissions packages and, unfortunately, the…
Happy Tuesday! President Donald Trump held a nearly two-hour, made-for-TV Cabinet meeting today during which he and his Cabinet secretaries spoke, mostly in glowing terms, about everything from the response to the Texas flooding to his…
President Trump reignited his one-man global trade war this week, slapping new tariffs starting August 1 on imports from more than a dozen countries, including major trading partners Japan and South Korea. On Tuesday, he doubled down on…
Happy Monday! Now that President Donald Trump has signed into law his so-called big, beautiful bill, the fiscal focus shifts to tariffs, the spending bills needed to avoid a government shutdown, rescissions packages and, unfortunately, the…
The House of Representatives today passed the sweeping bill containing much of President Donald Trump's legislative agenda. Here's what you need to know.
