Money, Wealth & Power—A Daily Look at the Financial World
Trump Media & Technology Group Corp is trying to turn political momentum into a new kind of investment product, rolling out a suite of “America First” exchange traded funds under the Truth Social brand. The launch tests whether the same energy that powers rallies and social media engagement can be channeled into long term portfolios,…
President Donald Trump has turned a long-simmering confrontation with Caracas into an overt U.S. military intervention, capped by the capture of Nicolás Maduro and a declaration that Washington will effectively run Venezuela. The move has jolted global politics, raised basic questions about who now governs the country, and opened a volatile new chapter in U.S….
The Trump administration’s decision to end a long term lease for three public golf courses in Washington has abruptly upended a high profile experiment in nonprofit management of public land. Instead of a gradual handoff or negotiated transition, the move has thrown local golfers, city officials, and the nonprofit operator into a scramble over who…
The Trump administration’s decision to halt federal childcare payments to Minnesota has turned a technical fraud probe into a political and human flashpoint. What began as a conservative allegation of up to $100m in improper billing has now left parents, providers, and state officials scrambling to understand how long they can keep caring for children…
Trump Media & Technology Group is trying to turn political identity into an investable asset class, betting that partisan enthusiasm can be packaged into exchange-traded funds and sold as a path to market-beating returns. With President Donald Trump back in the White House and culture-war branding saturating consumer products, the company’s new funds test whether…
President Donald Trump is moving quickly to reshape the Federal Reserve, telling allies he intends to name a replacement for Fed Chair Jerome Powell in January and signaling that the search has narrowed to a small circle of contenders. The timing raises the stakes for financial markets already trying to gauge the path of interest…
Donald Trump has made it clear that his next choice for Federal Reserve Chair will be expected to slash interest rates aggressively if markets and growth stay strong, a demand that could reshape both monetary policy and the politics around it. His promise that the successor to Jerome Powell will cut rates “by a lot”…
Corporate America is lining up behind Federal Reserve Governor Christopher Waller as President Donald Trump weighs whom to install as the next chair of the central bank. More than four out of five leading chief executives now say the White House would be making a serious mistake if Trump passed over Waller, a rare show…
President Donald Trump has turned a sanctions enforcement operation off the coast of Venezuela into a blunt declaration of ownership, saying the United States will keep or sell crude seized from tankers linked to Nicolás Maduro’s government. His comments move the dispute beyond maritime policing and into a direct contest over who controls Venezuelan oil…
Doug Burgum has staked his tenure at the Interior Department on a simple promise: that President Donald Trump is restoring cheap, secure American energy by tearing down barriers to drilling, mining, and power generation. From offshore lease sales to liquefied natural gas exports, the administration is moving quickly to expand supply and rewire federal oversight….