Money, Wealth & Power—A Daily Look at the Financial World
Federal courtrooms have not been kind to Donald Trump’s push to redraw the line on birthright citizenship. But on Friday, in a federal courthouse in Greenbelt, Maryland, something different happened. The same judge who tore up his first attempt at this a year ago sat across from the same coalition of immigrant-rights lawyers, heard the…
Eric Swalwell spent seven terms in the House as one of the loudest Democratic voices against Donald Trump, and he walked away from the job in the spring with the allegations against him still unanswered. On Saturday, August 15, federal agents met him at San Francisco International Airport with a search warrant and took his…
For six years, congressional Republicans have argued that the federal government’s own pandemic scientists worked to bury the question of where COVID-19 came from, and for six years those scientists have called the accusation a smear. On Tuesday afternoon, in a federal courtroom in Greenbelt, Maryland, one of them stopped arguing. David M. Morens, 78,…
The Walt Disney Company and its ABC network went to federal court in Washington on August 18 to shut down a Federal Communications Commission proceeding that has been grinding along since spring, when the agency ordered all eight ABC-owned television stations to justify their licenses years ahead of schedule. The complaint asks the U.S. District…
A federal judge in Maryland spent Monday afternoon undoing one of the Trump administration’s clearest attempts to stop a federal construction project before it swallowed billions of taxpayer dollars. Judge Theodore Chuang, appointed to the bench by Barack Obama, ruled that the FBI and the General Services Administration acted unlawfully when they scrapped a planned…
Attorney General Todd Blanche sat for his first Sunday show interview since the Senate confirmed him, and he was handed the question every modern attorney general has learned to answer with a soothing yes. He refused to give it. Asked on NBC’s Meet the Press whether he could pledge that the Justice Department would always…
President Donald Trump tried to make Harvard answer for campus antisemitism by taking back billions of dollars in federal research money. A federal judge has thrown the Justice Department’s case out. The decision is a sharp courtroom defeat for the administration, but it is not a clean bill of health for Harvard. It says the…
The Justice Department opened a new front in President Trump’s immigration fight on Monday, hauling three Democratic-led states into federal court over a benefit that conservatives have spent years calling an outrage: the in-state college tuition rates and financial aid that New York, Connecticut, and Vermont extend to immigrants living in the country illegally. The…
The Senate Homeland Security and Governmental Affairs Committee spent Thursday morning doing something the Senate does only a handful of times in a generation. It voted to hold a former federal official in criminal contempt of Congress. Then its chairman announced he was not going to bother asking the rest of the Senate whether it…
ExxonMobil is pressing the U.S. Supreme Court to force Cuban state entities to pay more than $1 billion in compensation for oil and gas assets seized during the Cuban Revolution, a claim rooted in a 1960 confiscation that has gone unresolved for over six decades. The case, which reached oral argument on February 23, 2026,…
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