Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve's regional bank presidents live in their districts for at least three years before taking office, a move that could give the White House more power over the independent agency. In comments at the New York Times' DealBook Summit, Bessent said that there is a disconnect with the framing of the Federal Reserve and added that, unless someone has lived in their district for three years, we're going to veto them. Bessent has stepped up his criticism of the Fed's 12 regional bank presidents in recent weeks after several of them made clear in a series of speeches that they opposed cutting the Fed's key rate at its next meeting in December. President Donald Trump has sharply criticized the Fed for not lowering its short-term interest rate more quickly. When the Fed reduces its rate it can over time lower borrowing costs for mortgages, auto loans, and credit cards. The prospect of the ...
Donald Trump's doctor says the President had MRI imaging on his heart and abdomen in October as part of a preventative screening for men his age, according to a memo from the physician released by the White House. Sean Barbabella said in a statement on Monday that Trump's physical exam included "advanced imaging" that is "standard for an executive physical" in Trump's age group. Barbabella concluded that the cardiovascular and abdominal imaging was "perfectly normal". "The purpose of this imaging is preventative: to identify issues early, confirm overall health, and ensure he maintains long-term vitality and function," the doctor wrote. The White House released Barbabella's memo after Trump on Sunday said he would release the results of the scan. He and the White House have said the scan was "part of his routine physical examination" but had declined until Monday to detail why Trump had an MRI during his physical in October at Walter Reed National Military Medical Center or on what
US President Donald Trump on Sunday said he's invited the family of a National Guard member fatally shot last week to the White House, saying he spoke to her parents and they were devastated. US Army Spc. Sarah Beckstrom died after the Wednesday shooting in Washington, DC, while her seriously injured colleague, US Air Force Staff Sgt. Andrew Wolfe, remained in critical condition. The president said he's discussed a White House visit for the parents of both members of the West Virginia National Guard. I said, When you're ready, because that's a tough thing, come to the White House. We're going to honor Sarah, Trump told reporters. And likewise with Andrew, recover or not. In recent days, local vigils in West Virginia have honoured the soldiers, including one Saturday evening at Webster County High School, where Beckstrom attended classes. Sarah was the kind of student that teachers hoped for, she carried herself with quiet strength, a contagious smile and a positive energy that lif
In August, US president Donald Trump had asserted that his government would seek capital punishment in every murder case that occurred in Washington, DC
Donald Trump has announced plans to pause migration from what he calls 'Third World countries', after two National Guard service members were shot near the White House by an Afghan national
A 29-year-old Afghan national, Rahmanullah Lakanwal, has been identified as the suspect in a brazen ambush near the White House
US President Donald Trump ordered a full review of green cards from 19 countries after an Afghan national shot two National Guard members in Washington, prompting stricter vetting checks
Federal authorities have identified the suspected shooter as Rahmanullah Lakanwal, 29, an Afghan national who previously worked with US forces and the CIA in Afghanistan before arriving in US in 2021
Two West Virginia Guard members were shot near the White House, and the suspect, an Afghan national, had entered the US in 2021 through Operation Allies Welcome
The move comes after two National Guard members were critically injured after a gunman, suspected to be an Afghan national, opened fire on them near the White House
US officials say Rahmanullah Lakanwal, a 29-year-old Afghan national who arrived in 2021, is the suspect in the shooting that injured two West Virginia National Guard members near the White House
Two West Virginia National Guard members who deployed to the nation's capital were shot Wednesday just blocks from the White House in a brazen act of violence that the mayor described as a targeted attack. FBI Director Kash Patel and Washington Mayor Muriel Bowser said the Guard members were hospitalised in critical condition. The presence of the National Guard in the nation's capital has been a flashpoint issue for months, fuelling a court fight and a broader public policy debate about the Trump administration's use of the military to combat what officials cast as an out-of-control crime problem. Jeffrey Carroll, an executive assistant DC police chief, said investigators had no information on a motive. He said the assailant "came around the corner" and immediately started firing at the troops, citing video reviewed by investigators. "This was a targeted shooting," Bowser said. West Virginia Gov Patrick Morrisey initially said the troops had died, but later walked back the stateme
Recently, Trump has defended the H-1B visa programme, stating he "loves his conservative friends and MAGA" but believes the United States needs skilled foreign workers
US President Donald Trump said he had a "very productive meeting with New York City Mayor-elect Zohran Mamdani and expressed confidence "he can do a very good job, as the two adopted a mutually warm tone after months of engaging in bitter rhetoric against each other. Mamdani flew to Washington DC for his first meeting with Trump in the White House Friday. Trump said he enjoyed the meeting, which he described as great. We've just had a great meeting, a really good, very productive meeting. We have one thing in common, we want this city of ours that we love to do very well. I wanted to congratulate the Mayor. He really ran an incredible race against a lot of smart people, starting with the early primariesand he beat them easily, Trump said in the Oval Office, as Mamdani stood next to him. When asked if he would feel comfortable living in New York City under a Mamdani administration, Trump responded emphatically, Yeah, I would, especially after the meeting. Absolutely. He added that t
Nvidia, which has lobbied relentlessly for greater access to the world's biggest market for semiconductors, is not out of the woods yet
The White House criticised the reporter for acting in an 'unprofessional' manner with the US President
Musk was invited as a guest for a gala dinner to honour Saudi Crown Prince Mohammed bin Salman, one of many business titans invited including Tim Cook
The White House moved quickly to defend President Donald Trump after Democrats on the House Oversight Committee released long-spanning Jeffrey Epstein emails referencing him
That email was sent to Ghislaine Maxwell, an associate of Epstein, who was convicted and is serving a 20-year prison sentence for her role in helping him with the sexual abuse of underage women
The dinner comes as Trump faces rising political pressure on the economy and affordability - issues that anchored Democratic electoral wins in New Jersey and Virginia last week