Page 14 - Trump Administration

US suspects Russian involvement in breach of Federal Court filing system

The disclosure comes as US President Donald Trump is expected to meet with his Russian counterpart, Vladimir Putin, in Alaska

Trial starts over Trump admin's deployment of National Guard to Los Angeles

A deputy commanding general testified Monday that military forces called in to assist with immigration raids in Los Angeles were allowed to take some law enforcement actions despite a federal law that prohibits the president from using the military as a domestic police force. Maj. Gen. Scott Sherman said military tapped to assist with domestic operations can protect federal property and federal agents in their mission carrying out federal operations. He said they could take certain law enforcement actions, such as setting up a security perimeter outside of federal facilities, if a commander on the ground felt unsafe. Sherman testified at the start of a three-day trial over whether President Donald Trump's administration violated the 1878 Posse Comitatus Act when it deployed National Guard soldiers and US Marines to Los Angeles following June protests over immigration raids. On Monday, Trump said he was deploying the National Guard across Washington, DC, and taking over the city's ..

Trump weighs $30 bn Fannie Mae and Freddie Mac IPO for later this year

Plan could value the government-controlled mortgage giants at some $500 billion or more and would involve selling between 5% and 15% of their stock with an offering expected to raise about $30 billion

Trump orders more law enforcement in Washington to make DC safe again

The White House said on Thursday night that there will be increased presence of federal law enforcement in the nation's capital to combat crime for at least the next week, amid President Donald Trump's suggestions that his administration could fully take over running the city. Washington, DC is an amazing city, but it has been plagued by violent crime for far too long," White House press secretary Karoline Leavitt said in a statement. President Trump has directed an increased presence of federal law enforcement to protect innocent citizens. She added that the increased federal presence means there will be no safe harbour for violent criminals in DC. Trump has repeatedly suggested that the rule of Washington could be returned to federal authorities. Doing so would require a repeal of the Home Rule Act of 1973 in Congress, a step Trump said lawyers are examining but could face steep pushback. We have a capital that's very unsafe, Trump told reporters at the White House this week. We

Trump opens door for private equity, crypto as 401(k) retirement plans

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, according to an executive order signed Thursday by President Donald Trump that could give those financial players long-sought access to a pool of funds worth trillions. There is no immediate change in how people invest part of their work earnings. Federal agencies would need to rewrite rules and regulations to allow the expanded choices, and that would take months or more to complete. But once done, employers could offer a broader array of mutual funds and investments to workers, according to the White House. New plans could invest in alternative assets, particularly private equity, cryptocurrencies and real estate. The Republican president's order directs the Labour Department and other agencies to redefine what would be considered a qualified asset under 401(k) retirement rules. Americans' retirement plans ar

Trump admin asks SC to lift curbs on Southern California immigration stops

The Trump administration on Thursday asked the Supreme Court to halt a court order restricting immigration stops that swept up at least two US citizens in Southern California. The emergency petition comes after an appeals court refused to lift a temporary restraining order barring authorities from stopping or arresting people based solely on factors like what language speak or where they work. The move is the latest in a string of emergency appeals from the Trump administration to the high court, which has recently sided with the Republican president in a number of high-profile cases. The Justice Department argued that federal agents are allowed to consider those factors when ramping up enforcement of immigration laws in Los Angeles, an area it considers a top enforcement priority." Trump officials asked the justices to immediately halt the order from US District Judge Maame E Frimpong in Los Angeles. She found a mountain of evidence that enforcement tactics were violating the US .

Trump doubles reward to $50 mn for arrest of Venezuela's President Maduro

The Trump administration is doubling to USD 50 million a reward for the arrest of Venezuela's President Nicols Maduro, accusing him of being one of the world's largest narco-traffickers and working with cartels to flood the US with fentanyl-laced cocaine. Under President Trump's leadership, Maduro will not escape justice and he will be held accountable for his despicable crimes, Attorney General Pam Bondi said on Thursday in a video announcing the reward. Maduro was indicted in Manhattan federal court in 2020, during the first Trump presidency, along with several close allies on federal charges of narco-terrorism and conspiracy to import cocaine. At the time, the US offered a USD 15 million reward for his arrest. That was later raised by the Biden administration to USD 25 million the same amount the US offered for the capture of Osama bin Laden following the September 11, 2001, attacks. Despite the big bounty, Maduro remains entrenched after defying the US, the European Union and .

Harvard scientists warn of years-long setback from funding freeze

Harvard University professor Alberto Ascherio's research is literally frozen. Collected from millions of US soldiers over two decades using millions of dollars from taxpayers, the epidemiology and nutrition scientist has blood samples stored in liquid nitrogen freezers within the university's T.H. Chan School of Public Health. The samples are key to his award-winning research, which seeks a cure to multiple sclerosis and other neurodegenerative diseases. But for months, Ascherio has been unable to work with the samples because he lost $7 million in federal research funding, a casualty of Harvard's fight with the Trump administration. It's like we have been creating a state-of-the-art telescope to explore the universe, and now we don't have money to launch it, said Ascherio. We built everything and now we are ready to use it to make a new discovery that could impact millions of people in the world and then, 'Poof. You're being cut off.' Researchers laid off and science shelved The

UCLA in talks with Trump admin to reinstate $584 million in grants

The move came after the US Justice Department had given the school a Tuesday deadline to enter into a resolution agreement

Trump likely to name interim Fed governor to fill upcoming vacancy

Fed Governor Adriana Kugler announced last week that she plans to vacate her role on Aug. 8

Trump admin freezes $584 mn UCLA grants, research projects at risk

The Trump administration has suspended USD 584 million in federal grants for the University of California, Los Angeles, nearly double the amount that was previously thought, the school's chancellor announced on Wednesday. UCLA is the first public university whose federal grants have been targeted by the administration over allegations of civil rights violations related to antisemitism and affirmative action. The Trump administration has frozen or paused federal funding over similar allegations against private colleges. "If these funds remain suspended, it will be devastating for UCLA and for Americans across the nation," Chancellor Julio Frenk said on Wednesday in a statement, noting the groundbreaking research that has come out of the university. The departments affected rely on funding from the National Science Foundation, the National Institutes of Health and the Department of Energy, Frenk said. The US Department of Education did not immediately respond to an email from The ...

'Most likely': Trump hints JD Vance may be heir to his Maga legacy for 2028

Donald Trump says his deputy JD Vance is 'most likely' to carry forward his Maga legacy, but adds it is too early to name a 2028 successor as other strong contenders also remain

Trump admin fires democrats on fed board overseeing Puerto Rico's finances

The Trump administration has dismissed five out of seven members on Puerto Rico's federal control board that oversees the US territory's finances, sparking concern about the future of the island's fragile economy. The five fired are all Democrats. A White House official told The Associated Press on Tuesday that the board "has been run inefficiently and ineffectively by its governing members for far too long and it is time to restore common sense leadership". Those fired are board chairman Arthur Gonzalez, along with Cameron McKenzie, Betty Rosa, Juan Sabater and Luis Ubias. The board's two remaining members -- Andrew G Biggs and John E Nixon -- are Republicans. The board confirmed in a brief statement that the five were terminated and noted that the board would continue to fulfil its mandate and work "in the interest of the people of Puerto Rico". Sylvette Santiago, a spokesperson for the board, did not immediately return a message seeking comment on whether the board members would

Supported by Brics, like-minded allies: Russia amid Trump's tariff threats

Russia's Foreign Ministry spokeswoman Maria Zakharova accused the US of being unable to accept the erosion of its dominance in an emerging multipolar international order

Trump to replace Fed, labour chief amid row over jobs data, rate policy

After firing Bureau of Labour Statistics chief McEntarfer over weak jobs data and criticising Fed chair Powell, Trump signals new key appointments

Trump fired America's economic data collector. History shows the perils.

Economists say that reliable, independently produced statistics are critical to good decision making in both the public and private sector

Trump to build $200 million White House ballroom through private funding

The new ballroom will be privately funded by US President Donald Trump and other donors; the venue is expected to seat 650 guests, replacing temporary South Lawn tents

Trump pushes Harvard for steep deal, $500 mn just a starting point

One of the Trump administration's key demands is that Harvard allow a jointly approved resolution monitor to oversee compliance

Trump demands pharma companies slash US prices in blow to industry

In the letters, sent to Eli Lilly & Co., Novo Nordisk A/S, Pfizer Inc. and others, Trump insisted companies immediately lower what they charge Medicaid for existing drugs

Trump admin launching new health tracking system with big tech's help

The Trump administration is pushing an initiative for millions of Americans to upload personal health data and medical records on new apps and systems run by private tech companies, promising that will make it easier to access health records and monitor wellness. Leaders from more than 60 companies, including major tech companies such as Google and Amazon, as well as prominent hospital systems like the Cleveland Clinic, will convene at the White House on Wednesday afternoon to discuss what the administration is calling a digital health ecosystem." The new system will focus on diabetes and weight management, conversational artificial intelligence that helps patients, and digital tools such as QR codes and apps that register patients for check-ins or track medications. The initiative, spearheaded by an administration that has already freely shared highly personal data about Americans in ways that have tested legal bounds, could put patients' desires for more convenience at their ...