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Trump Pressure

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EU taps new antitrust chief to keep Big Tech in check amid Trump pressure
business1 month ago

EU taps new antitrust chief to keep Big Tech in check amid Trump pressure

Brussels named Anthony Whelan, a longtime adviser to Ursula von der Leyen, to head the EU competition directorate and press ahead with investigations into Big Tech firms like Google, Meta, Apple and X, signaling a continued enforcement stance despite political pressure from Donald Trump; Whelan said enforcement would be fair, legally grounded and not swayed by noise, amid policy debates on how EU rules should balance competition with growth.

politics10 months ago

Grassley Criticizes Trump's Pressure on Judges and U.S. Attorneys

Senate Judiciary Chair Chuck Grassley expressed offense at President Trump's public pressure to end the blue slip policy for judicial nominations, highlighting ongoing partisan debates over judicial appointment processes amid broader political tensions. Trump has been urging Grassley to change the policy, which allows home state senators to object to judicial nominees, but Grassley and other Senate leaders have shown resistance, emphasizing the importance of bipartisan support and established procedures.

Powell's Speech Amid Market Turmoil and Political Tensions
economy-and-politics10 months ago

Powell's Speech Amid Market Turmoil and Political Tensions

Amid political tensions and Trump’s pressure on Fed Chair Powell, the upcoming Fed meeting is seen as pivotal, though no rate change is expected. The meeting occurs against a backdrop of Trump’s attempts to influence Fed independence, with market reactions hinging on Powell’s signals about future rate cuts, especially with upcoming economic data and Powell’s potential future at the Fed.