Category : Search result: federal policy


Judge orders release of Trump-era migrant children

A federal judge has delivered a stunning blow to Trump-era immigration policies, ordering the immediate release of migrant children held in detention facilities in a landmark ruling that exposes systemic failures.

Trump's Nixon-Style Fed Attack Shakes Global Economy

Former President Donald Trump's unprecedented pressure campaign on the Federal Reserve draws alarming parallels to Richard Nixon's 1970s interference, raising fears of political independence erosion and economic instability.

US Government Shuts Down in Funding Standoff

The US federal government has entered a partial shutdown after Democratic lawmakers refused to support a Republican spending bill, leaving critical services in limbo and hundreds of thousands of workers facing furlough.

Powell's hawkish comments trigger Asian market sell-off

Federal Reserve Chairman Jerome Powell's firm indication that US interest rates will remain high for longer has triggered a sharp sell-off across Asian financial markets, with Tokyo's Nikkei leading the declines.

Powell Defends Fed Independence Amid Trump Pressure

Federal Reserve Chair Jerome Powell delivers unprecedented testimony, defending the central bank's autonomy amid mounting political pressure from the Trump White House over interest rate policy.

Court Upholds Trump Admin's UCLA Funding Cut

A US federal judge has upheld the Trump administration's decision to withdraw funding from UCLA, siding with the government in a pivotal case centred on allegations of antisemitism and free speech violations on campus.

Trump's Supreme Court challenge over Fed's Lisa Cook

Former President Trump initiates a Supreme Court battle to block the renomination of Federal Reserve Governor Lisa Cook, setting up a major constitutional confrontation over presidential powers and central bank independence.

Powell Vows High Rates Until Inflation Cools

Federal Reserve Chairman Jerome Powell signals a prolonged period of high interest rates, sending tremors through Wall Street as he demands more evidence of cooling inflation, despite a softening job market.

Powell Dashes Hopes for March Interest Rate Cuts

Federal Reserve Chair Jerome Powell delivers a hawkish message, indicating that interest rate cuts are unlikely to begin in March, contrary to investor expectations. The central bank seeks more confidence that inflation is truly defeated.

Powell Warns: High Inflation to Delay Rate Cuts

Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.

Court Upholds Trump's Firing of Fed Governor Lisa Cook

A US appeals court has dismissed Lisa Cook's lawsuit against Donald Trump, ruling the former president had absolute immunity when he fired her from the Federal Reserve Board in 2025. The landmark decision raises serious questions about presidential power

Trump pledges federal force to tackle DC crime

Former President Donald Trump pledges a dramatic federal intervention to tackle violent crime in Washington DC, vowing to override local leadership and send in 'surge' forces if re-elected.

Trump Proposes Exempting Tips from Federal Income Tax

Ex-President Donald Trump proposes exempting tipped wages from federal income tax, a move that could put thousands of dollars back into the pockets of waiters and bartenders but faces significant legislative hurdles.

ICE Agent Shot in Critical Condition in Chicago

A US Immigration and Customs Enforcement agent is in critical condition after a targeted shooting in Chicago's West Side. Federal authorities are investigating the brazen daylight attack.

Trump Launches Lawsuit Against Fed's Lisa Cook

Federal Reserve Governor Lisa Cook is hit with a lawsuit by Donald Trump, alleging constitutional violations over her continued tenure. This explosive legal move threatens a major clash between US political and financial institutions.

Federal Agents Raid Chicago Suburb in Major Operation

The Chicago suburb of Evanston was the scene of a significant federal law enforcement operation on Monday, with agents from multiple agencies executing a search warrant at a residential property. The nature of the investigation remains undisclosed as auth

Florida Challenges Federal Vaccine Mandate in Court

Florida's Attorney General Ashley Moody launches a bold legal challenge against the Biden administration's federal contractor vaccine mandate, citing constitutional overreach and potential economic damage.

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