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Us Politics And Policy

All articles tagged with #us politics and policy

MAHA’s internal rifts and financial ties threaten Kennedy’s health agenda ahead of midterms
us-politics-and-policy20 days ago

MAHA’s internal rifts and financial ties threaten Kennedy’s health agenda ahead of midterms

The Make America Healthy Again (MAHA) initiative is facing a severe internal split between grassroots activists and corporate sponsors, while new financial disclosures raise ethical concerns about Health Secretary Robert F. Kennedy Jr. As MAHA prepares for its first major political test in the 2026 midterms, these divisions and potential conflicts of interest risk undermining the movement's credibility and its support for Republican candidates.

via Financial Times|
#2026-midterm-elections#government-ethics#make-america-healthy-again
Trump Reverses Stance to Back US Diesel Export Ban Amid Record Prices
us-politics-and-policy25 days ago

Trump Reverses Stance to Back US Diesel Export Ban Amid Record Prices

President Donald Trump has publicly endorsed a ban on US diesel exports, reversing the administration’s previous position that such a measure was not under consideration. This shift comes as US diesel prices hit a record high of $6.53 per gallon, driven by supply constraints from conflicts in the Middle East and Ukraine. While the move aims to lower domestic costs for farmers and truckers ahead of the November midterms, it faces opposition from the oil industry and some Republicans who argue that restricting exports will worsen global market instability and ultimately raise prices for American consumers.

via Financial Times|
#energy-policy#fuel-prices#midterm-elections
Nobel laureates back California billionaire tax as November vote nears
us-politics-and-policy28 days ago

Nobel laureates back California billionaire tax as November vote nears

Six Nobel Prize-winning economists, including Joseph Stiglitz and Paul Krugman, have publicly endorsed Proposition 40, a one-time 5% wealth tax on California billionaires. The measure, which aims to raise $100 billion to offset federal healthcare cuts, faces intense opposition from tech billionaires and counter-propositions that could nullify it. While polling shows a slim majority support, the race remains too close to call, with complex legal and political hurdles.

via Financial Times|
#california#election-2026#nobel-laureates
Leavitt’s exit leaves Trump with a high-stakes press secretary vacancy
us-politics-and-policy2 months ago

Leavitt’s exit leaves Trump with a high-stakes press secretary vacancy

Karoline Leavitt, the youngest White House press secretary, announced she will resign at the end of August after 19 months in the role, a tenure longer than most predecessors and praised by Donald Trump for her combative, media-savvy style. She transformed the briefing room with influencer briefings and viral clips while clashing with reporters; her departure will force Trump to search for a successor to one of the administration’s most high-profile positions.

via Financial Times|
#donald-trump#influencer-briefings#karoline-leavitt
Progressive surge puts Francesca Hong on track for Wisconsin governor's race
us-politics-and-policy2 months ago

Progressive surge puts Francesca Hong on track for Wisconsin governor's race

Francesca Hong, a Democratic socialist and Wisconsin state legislator, leads the Democratic primary for governor with a solid polling edge, signaling a rise of progressive candidates even as party figures worry her platform—abolishing the police and prisons—may complicate a general-election bid against Republican Tom Tiffany; her candidacy has drawn scrutiny over past social posts, but she remains the front-runner heading into Tuesday's primary in a swing state.

via Financial Times|
#democratic-socialist#francesca-hong#governor-race
Senate stalls landmark digital assets bill amid record crypto lobbying
us-politics-and-policy2 months ago

Senate stalls landmark digital assets bill amid record crypto lobbying

Even with more than $225 million spent by the crypto industry to influence Washington since Jan 2025, the Senate has stalled on the Clarity Act, a first-of-its-kind digital assets framework, with no vote scheduled as lawmakers negotiate; the House has passed its version, while Republicans and Democrats clash over bank customer protections, enforcement by Gary Gensler, and ethics rules around Trump’s crypto holdings—a lobbying push that has made crypto donors one of the top funding sources in the 2026 cycle.

via Financial Times|
#clarity-act#cryptocurrencies#lobbying
US sells euros to back the yen, catching the ECB by surprise
global-economy2 months ago

US sells euros to back the yen, catching the ECB by surprise

Washington’s move to sell euros to buy yen blindsided the ECB, marking a rare, less-coordinated Western currency intervention. The action used the Exchange Stabilization Fund without formal coordination with foreign authorities, highlighting a break with decades of mutual trust among central banks and prompting questions about future cooperation in currency markets.

via Financial Times|
#bank-of-japan#central-bank-intervention#currencies
Oil slides as Hormuz reopening talks gain momentum
world2 months ago

Oil slides as Hormuz reopening talks gain momentum

Oil fell about 4% to below $80 a barrel after Scott Bessent suggested a deal to reopen the Strait of Hormuz could come this week; two sources said Iran and Oman had agreed on a temporary shipping arrangement routing traffic through Iranian waters and an Oman‑run channel, awaiting final sign‑off by Iran’s leadership. If sealed, the US would lift its naval blockade and resume Iran’s oil sales, helping lift stocks as investors welcomed potential de‑escalation in the region.

via Financial Times|
#markets#middle-east-war#oil
Khanna: Trump-era policy worsened US chip shortage
us-politics-and-policy2 months ago

Khanna: Trump-era policy worsened US chip shortage

Ro Khanna, the top Democrat on the House China committee, says the Trump administration undermined Biden-era Chips Act incentives to boost U.S. memory-chip manufacturing, risking higher consumer electronics prices and greater reliance on Chinese suppliers like CXMT, which the Pentagon has blacklisted over alleged military ties. Apple is lobbying for clearance to buy CXMT chips amid AI-driven demand, while Khanna seeks clarity on funding under the act that could be delayed or withheld.

via Financial Times|
#china#semiconductors#technology-sector
Trump threatens fresh EU tariffs amid Brussels tech-fines row
us-politics-and-policy2 months ago

Trump threatens fresh EU tariffs amid Brussels tech-fines row

President Trump announced on Truth Social that the US will launch a new tariff probe into the European Union in retaliation for fines on U.S. tech firms, a move that could sharpen transatlantic tensions after Brussels fined Google €890 million and had previously penalised Apple, Meta and Amazon under digital-regulation rules.

via Financial Times|
#big-tech#digital-services-tax#technology-regulation
Six-figure fast-feed for Trump's posts aims at market-moving data
markets3 months ago

Six-figure fast-feed for Trump's posts aims at market-moving data

Trump Media & Technology Group reportedly pitched a $100,000-per-month premium feed, called the Truth API, to traders for ultrafast access to President Trump's Truth Social posts, arguing that every millisecond matters for market moves. The six-figure fee would target institutional data users like hedge funds, and the idea drew backlash as Trump’s posts have historically moved stock prices; the service would run 24/7, though the public would likely notice little speed difference.

via Financial Times|
#high-frequency-trading#markets#trump-media-and-technology-group
Trump Aide Warns Left-Wing Extremism Threatens Civilisation at Global Summit
us-politics-and-policy3 months ago

Trump Aide Warns Left-Wing Extremism Threatens Civilisation at Global Summit

White House adviser Stephen Miller told a state department–hosted international summit that left-wing extremism is a 'fatal cancer to civilisation' and warned it has been a blind spot in counterterrorism. The administration says left-wing violence has risen in the US since 2016 and has framed left-wing groups as anti-American or anarchist in its domestic strategy, while critics warn the focus could erode civil liberties and enable political targeting. Rubio called left-wing terrorism a 'distinctive and unique evil'; the administration has designated European left-wing groups as foreign terrorist organisations, and CSIS analyses show left-wing violence rising but still less lethal than right-wing or jihadi violence. Democrats and the ACLU have pressed for data and cautioned about potential abuses of domestic counterterrorism powers.

via Financial Times|
#antifa#counterterrorism#leftwing-extremism
Trump clears path for $4.5B Gordie Howe Bridge linking Windsor and Detroit
us-politics-and-policy3 months ago

Trump clears path for $4.5B Gordie Howe Bridge linking Windsor and Detroit

Trump dropped his objections to the Gordie Howe International Bridge, clearing a $4.5 billion link between Windsor, Ontario and Detroit, Michigan that is now set to open on July 27. Canada and the US agreed on toll governance measures and a 15-year economic development fund tied to bridge profits. Officials say the project will boost cross-border trade and regional economic activity for generations, though ties to donors and rival toll routes have colored the broader political backdrop.

via Financial Times|
#detroit-windsor-corridor#donald-trump#gordie-howe-international-bridge
Trump pressures retailers to slash prices as inflation lingers
us-politics-and-policy3 months ago

Trump pressures retailers to slash prices as inflation lingers

Trump is piling pressure on US companies to cut prices as inflation remains elevated (about 4.2% in May). He has touted Walmart’s price reductions and urged others to follow, signaling increased government involvement in free markets ahead of the 2026 midterms. Analysts warn the approach risks longer‑term market distortions, even as some supply‑side actions show short‑term relief.

via Financial Times|
#donald-trump#us-inflation#us-midterm-elections-2026