Money, Wealth & Power—A Daily Look at the Financial World
Donald Trump has already presided over one multibillion dollar policy debacle, and the warning signs suggest he is preparing to walk the country straight back into it. From tariffs that drag on growth to costly walls and stalled clean energy projects, the pattern is a familiar mix of big price tags, thin results and heavy…
President Donald Trump has turned a once-theoretical idea into an active pressure campaign, tying the future of Greenland to tariffs, security guarantees and his own legacy. As the White House leans on economic threats and cash offers, Texas Sen. John Cornyn is signaling that he sees room for negotiation, telling reporters there is “a deal…
The White House threat to “sue” CBS over its handling of a presidential interview is more than a sharp exchange between a press office and a network. It is a warning shot that signals how aggressively the current administration is prepared to police its image and challenge traditional media gatekeeping. At stake is not only…
President Donald Trump is escalating a personal and political clash with Jamie Dimon, accusing the JPMorgan Chase chief of lying about a supposed offer to lead the Federal Reserve and declaring him unfit to run the central bank. The dispute, which began with a report that Trump had courted Dimon for the Fed chair, has…
President Donald Trump’s latest financial disclosure shows he has placed up to $2 million into bonds tied to Netflix and Warner Bros. Discovery, just as a potential merger between the two media giants lands on his regulatory agenda. The timing and scale of those moves have revived long‑running worries that his personal portfolio could collide…
The Trump team has walked away from a controversial plan to fold the Bureau of Alcohol, Tobacco, Firearms and Explosives into the Drug Enforcement Administration after an unusually unified backlash from both gun control advocates and gun rights groups. The reversal halts an internal Justice Department effort that would have redrawn the map of federal…
The moment an economist bursts into laughter while fact checking a president is not just a viral clip, it is a verdict on how far political spin has drifted from measurable reality. When that president is Donald Trump, whose economic storytelling has long stretched the limits of accuracy, the laughter becomes a shorthand for a…
President Donald Trump is escalating his long‑running feud with major institutions by vowing to sue JPMorgan Chase for what he describes as politically motivated “debanking” after the January 6 attack on the U.S. Capitol. He is casting the threatened case as a test of whether powerful financial firms can quietly cut off access to money…
President Donald Trump moved quickly into the debt of two of Hollywood’s biggest players, buying corporate bonds from Netflix and Warner Bros. Discovery just after their $83 billion megadeal was unveiled. The purchases, worth at least $1 million and potentially closer to $2 million, dropped the sitting president directly into the capital structure of companies…
Donald Trump’s relationship with the oil industry has usually been defined by mutual convenience, not confrontation. So when a prominent energy executive publicly challenged his approach, the reaction inside the White House was described by one aide as pure blowback, the kind that comes when a president expects deference and instead gets a blunt reality…