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Us Politics And Policy

All articles tagged with #us politics and policy

world15 days ago•5 min saved

Trump extends Iran talks deadline as markets reel

President Donald Trump pushed back the deadline for a peace deal with Iran by 10 days to April 6 after a Wall Street sell-off that sent major indices lower; he said on Truth Social that, at Tehran’s request, the period of energy-plant destruction would be paused and that talks to end the war are ongoing. The move comes as the Pentagon deploys thousands more US troops to the region and oil prices rise, fueling inflation fears that weighed on the S&P 500 and Nasdaq. Iran denies direct negotiations but says it has been in contact with third parties seeking a resolution.

via Financial Times|

#iran #markets #middle-east-war

us-politics-and-policy1 month ago•4 min saved

Trump escalates bid to curb CFPB amid cost-of-regulation claims

The Trump administration has stepped up its bid to dismantle the CFPB, citing a White House–Council of Economic Advisers analysis that its rules have raised borrowing costs for Americans—estimates range from about $237 billion to $369 billion—while court rulings have kept the agency operating during litigation; Democrats counter with different cost calculations and highlight CFPB gains, noting the agency has returned nearly $20 billion to consumers and secured $5 billion in fines, but critics say the regulatory burden has restricted credit and driven up costs.

via Financial Times|

#consumer-financial-protection-bureau #donald-trump #financial-services

us-politics-and-policy1 month ago•5 min saved

Rubio casts Orbán as a vital U.S. ally amid Hungary’s tight election

U.S. Senator Marco Rubio praised Viktor Orbán as essential to American interests and said President Trump is deeply committed to Orbán’s success, framing a “golden era” in U.S.-Hungary ties as Hungary faces a crucial April election. Rubio’s visit, following the Munich Security Conference, highlighted energy deals and visa liberalisation while Orbán touted renewed Washington cooperation amid ongoing EU tensions over Russia.

via Financial Times|

#donald-trump #hungary-election #marco-rubio

us-politics-and-policy1 month ago•7 min saved

US Pentagon Adds Alibaba and BYD to Military-Linked Companies List

The Pentagon concludes that Alibaba and BYD should be added to the 1260H 'Chinese Military Companies' list for alleged ties to the Chinese military, signaling heightened tensions ahead of a Trump-Xi summit; Baidu is also slated for inclusion, while WuXi AppTec, RoboSense and BOE are added and CXMT and YMTC removed. The Federal Register posting was briefly pulled; inclusion generally carries reputational risk and potential future actions rather than immediate legal penalties. Alibaba, Baidu and BYD deny the allegations, as Washington presses on with tech, trade and Taiwan-related policy.

via Financial Times|

#1260h-list #alibaba #byd

opinion2 months ago•5 min saved

Epstein files lay bare a deeper rot in the American elite

The Financial Times opinion piece argues that the Epstein dossier widens public outrage into a critique of America’s ruling class, revealing an expansive network across presidents, financiers, royals, and celebrities. It contends that only full disclosure of the remaining files can usher accountability and restore a culture of shame, as the Epstein affair exposes systemic enablement rather than isolated misconduct.

via Financial Times|

#culture #democracy #elite-networks

business2 months ago•5 min saved

Crypto lobby shifts stance as US regulation bill stalls

Big crypto players have withdrawn support for the Clarity Act, a sweeping US bill to regulate digital assets, after Coinbase CEO Brian Armstrong pulled his backing and the Senate delayed action amid internal industry disputes. The move underscores infighting between crypto firms, banks, and lawmakers as midterm politics loom, leaving the bill’s fate uncertain even as the White House pushes crypto-friendly rules and debates over issues like stablecoins and tokenized securities persist.

via Financial Times|

#business #cryptocurrencies #digital-currencies

us-politics-and-policy2 months ago•4 min saved

Trump backs emergency energy auction to charge data centers for AI power

President Trump and several state governors urge PJM, the grid operator for the US northeast and Midwest, to hold an emergency auction in which large data-centre operators bid to build new power plants and fund about $15 billion in capacity, with tech giants paying for the electricity sold through the auction even if they don’t use it. The aim is to curb rising utility bills driven by data-centre demand amid expectations of a surge in data-centre energy use, though it remains unclear whether PJM will act and how feasible the plan is.

via Financial Times|

#electric-power #energy-sector #us-companies