Category : Search result: federal funding crisis


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 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

NHS Rations Cancer Treatments Amid Budget Crisis

Exclusive investigation reveals NHS cancer services facing devastating cuts, with pioneering treatments denied to patients due to severe financial constraints. Health bosses warn of a looming crisis in oncology care across Britain.

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.

Assisted Dying Debate Pushes UK Hospices to Breaking Point

Exclusive investigation reveals how Britain's hospices face unprecedented strain as House of Lords debates assisted dying legislation, with funding shortfalls and ethical dilemmas threatening end-of-life care nationwide.

Trump Demands California Repay National Guard Funds

Former President Donald Trump has called on California to reimburse the federal government for deploying the National Guard to San Francisco and other cities to combat rampant retail crime and drug issues, criticising the state's liberal policies.

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

UK Universities Face Financial Collapse - Crisis Deepens

Britain's world-class university system faces existential threat from unsustainable funding models, chronic underinvestment, and political short-termism. Urgent reform is needed to prevent irreversible damage.

Trump Administration Cuts Harvard Funding in Political Strike

The Trump administration has moved to sever federal funding to Harvard University, citing concerns over free speech, foreign influence, and institutional bias. This decision sends shockwaves through the academic world and raises questions about the politi

Epping Forest Council declares 'independence' from government

In a bold political statement, Epping Forest District Council has symbolically declared independence from the UK government in protest against chronic underfunding and the 'broken' council tax system, vowing to withhold part of its payments.

Trump's Plan to Strip Protections from US Federal Workforce

Exclusive: The Trump administration is advancing a sweeping plan to strip job protections from thousands of federal employees, potentially reshaping the US government's structure and igniting a fierce political battle over the future of the American civil

Trump Sued by Fed's Lisa Cook Over Discrimination Claims

Former President Donald Trump is being sued by Federal Reserve Governor Lisa Cook, who alleges a campaign of racial and gender-based discrimination derailed her initial confirmation. The landmark case exposes deep tensions within the US financial oversigh

Fed Governor Lisa Cook Sues Trump Over Dismissal

US Federal Reserve Governor Lisa Cook launches landmark lawsuit against former President Donald Trump, alleging unlawful termination and constitutional violations in a dramatic political clash.

NHS Youth Mental Health Crisis: Over-Diagnosis Costs £16bn

Exclusive: A damning report reveals the over-medicalisation of youth mental health is creating a financially unsustainable crisis for the NHS, costing the state a staggering £16 billion annually and stretching support services to their absolute limit.

UK Pharmacy Crisis: 1 in 3 Remortgage Homes

Exclusive investigation reveals nearly a third of UK pharmacy owners have remortgaged their homes to keep businesses running amid funding crisis and rising costs.

Who is Lisa Cook? The Economist Reshaping US Policy

An in-depth look at the life and career of Dr Lisa Cook, the pioneering economist making history at the Federal Reserve. Discover her journey from academic excellence to shaping global economic policy.

Trump-Appointed Fed Governor Lisa Cook Resigns

Federal Reserve Governor Lisa Cook, a historic appointee, announces her resignation effective July 15th. Her departure follows a contentious tenure marked by political attacks from Trump allies and unsubstantiated fraud allegations.

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