Money, Wealth & Power—A Daily Look at the Financial World
Pete Hegseth spent Friday evening doing something Cabinet secretaries almost never do in public: calling a national news network a liar, by name, in writing. NBC News had just published a report saying the Secretary of War has spent months privately discussing a run for president in 2028 with his wife, his friends and his…
Standing in the Oval Office in front of a map of the Great Lakes with the words “Lake America” printed in large red letters over Lake Ontario, President Donald Trump signed an executive order Thursday that strips the lake of the name it has carried for centuries. “This is official, effective immediately,” he told reporters…
The Supreme Court handed Donald Trump a significant win on Monday, clearing away one of the legal barriers standing between his administration and a sweeping overhaul of how Americans cast mail-in ballots this fall. In an unsigned order that split the justices 6-3 along ideological lines, the Court lifted a federal injunction that had frozen…
President Donald Trump spent the closing hours of Friday night writing a Truth Social post that took apart three of the loudest conservative voices who have turned on him. Tucker Carlson, Thomas Massie, and Marjorie Taylor Greene were named, ranked, and dismissed in a single block of text that ended with the words “THREE LOSERS,…
Three hundred five thousand Missourians signed their names to force a statewide vote on the congressional map their legislature drew in 2025. On Wednesday afternoon, after a trial that lasted a few hours, a Cole County judge dismissed their petition and left the map standing for the November election. By Thursday the Supreme Court of…
Alex Vindman built the most expensive Democratic Senate campaign in Florida this cycle, and on Tuesday night Florida Democrats handed it to a state legislator who ran on roughly one-sixteenth of the money. Angie Nixon, a Jacksonville member of the Democratic Socialists of America, beat the retired Army lieutenant colonel whose whistleblower complaint helped drive…
President Donald Trump has agreed to start spending his own political money on the Republicans trying to hold Congress in November, CNN reported Saturday, citing two people familiar with the plans. The decision lands after months in which lawmakers and operatives privately agonized over his refusal to move any of it, and after some of…
A federal judge in Boston handed President Donald Trump his second courtroom defeat in two months over how Americans will vote by mail this November, ordering the U.S. Postal Service to stand down from any move to carry out his signature election-integrity directive across the entire country. Coming less than three months before the midterms,…
South Carolina Republicans handed President Trump a partial victory on Tuesday night and a headache to go with it. Sen. Darline Graham — the sister of the late Lindsey Graham, appointed to his seat barely a month ago and carrying the president’s personal endorsement — led the field in the special Republican primary for the…
President Donald Trump got the voter identification vote he demanded, and every Republican who showed up backed it. The Senate tally still ended in defeat because 52 votes were not enough to clear a 60-vote procedural wall. Democrats and the chamber’s two voting independents held together, blocking the Senate from even taking up the bill…
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