Trump, Steel and tariffs
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Musk, Trump and oval office
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Nvidia results pleased investors and eased fears over China tariffs and separately a court ruled President Trump’s tariffs are illegal with the White House vowing to appeal and Elon Musk is officially done with DOGE.
President Donald Trump urged Federal Reserve Chair Jerome Powell to lower interest rates when the two met on Thursday, saying the Fed's current rate makes the U.S. less competitive in global markets.
The White House requested the original assessment in February as it was preparing Mr. Trump’s Alien Enemies Act proclamation. Even after the council produced its first assessment, Mr. Trump proceeded to sign the proclamation that put forward the opposite claim in order to activate wartime deportation powers.
President Donald Trump’s massive tax and immigration package is headed to the Senate for consideration after narrowly passing the House on Thursday morning. Changes are expected in the Senate. House Republicans labored overnight to secure votes needed to pass the One Big Beautiful Bill.
Kevin Hassett, from the White House National Economic Council, continued to promote the administration's trade deals and responded to a court ruling that blocks some of President Donald Trump's global tariffs during an interview with FOX Business Network's "Mornings with Maria" on Thursday.