Money, Wealth & Power—A Daily Look at the Financial World
President Donald Trump has declared a national emergency over the foreign supply chain feeding America’s electric grid, invoking emergency economic powers to confront what the administration calls a deliberate vulnerability built into imported power equipment. The order, signed August 26, 2026, gives the Secretary of Energy sweeping new authority to block, condition, or unwind foreign-made…
President Donald Trump used a visit to NASA’s Johnson Space Center in Houston on Friday to sign an executive order establishing the nation’s first federal service academy dedicated entirely to space. Standing at the same center where the Artemis II crew was decorated the same afternoon, the president directed the government to begin building a…
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…
On August 12, President Donald Trump signed a national security memorandum that does something no American president had been willing to do before: it authorizes vetted private companies to go on offense in cyberspace, breaking into and disrupting the foreign criminal networks that have spent years draining Americans’ bank accounts. For decades, “hacking back” was…
President Donald Trump walked into the Oval Office on Monday afternoon, sat down beside Health Secretary Robert F. Kennedy Jr., and signed an executive order that takes a hard blade to the list of vaccines the federal government tells parents their children must have. The order strips the roster of shots recommended for every American…
Five weeks after the Supreme Court told President Donald Trump that his first attempt to narrow birthright citizenship could not stand, he signed two more executive orders on the same subject. The documents released on the evening of August 6 do not try to relitigate the question the justices answered. They walk into the narrow…
President Donald Trump’s early 2025 executive order calling for a U.S. sovereign wealth fund set off a chain of events that has quietly reshaped the U.S. International Development Finance Corporation, a federal agency originally designed to support overseas development. What began as a 90-day planning exercise for a new national investment vehicle has instead become…
The United Nations human rights office is warning that it is running on fumes just as global abuses are mounting, and officials say cuts driven by President Donald Trump have pushed the system into what they bluntly describe as “survival mode.” The United States was long the largest single funder of the United Nations, but…
President Donald Trump has turned a long running clash with Harvard into a direct financial ultimatum, telling the university the White House wants a 1 billion dollar payment to resolve federal investigations. The demand, delivered after months of behind the scenes talks, recasts a policy fight over antisemitism, civil rights and campus protests as a…
President Donald Trump’s hard line on immigration is no longer just a political fight in Washington. It is now a boardroom issue for some of the country’s biggest companies, as investors demand to know how aggressive enforcement and new rules are reshaping workforces, supply chains, and reputations. The result is a rare collision between shareholder…
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