Washington, D.C. – The U.S. federal budget deficit reached $316 billion in May 2025, according to the latest Treasury Department data, marking a significant strain on the nation’s finances. This figure contributes to a year-to-date shortfall that is 14% higher than the same period in 2024, raising concerns among economists and policymakers about the trajectory … Read more
Trump Threatens California’s Federal Funding Over Transgender Athlete Coverage On Could 27, 2025, President Donald Trump threatened to withhold federal funding from California over its coverage permitting transgender athletes to compete in girls’s sports activities, claiming it violates his February 5, 2025, government order banning such participation. Focusing on Governor Gavin Newsom, Trump’s Fact Social … Read more
In May 2025, U.S. consumer confidence rebounded sharply, with the Conference Board’s Consumer Confidence Index® jumping 12.3 points to 98.0, exceeding expectations and marking the largest monthly gain in four years. Driven by optimism over a U.S.-China trade truce and delayed EU tariffs, this surge ended a five-month decline, signaling potential for increased spending and … Read more
Trump Touts Anti-DEI Adjustments in West Level Graduation Tackle West Level, Could 24, 2025 – President Donald Trump delivered a politically charged graduation deal with to the Class of 2025 on the U.S. Navy Academy at West Level, emphasizing his administration’s crackdown on range, fairness, and inclusion (DEI) applications. Talking to 1,002 graduating cadets at … Read more
Washington, D.C., Could 22, 2025: The U.S. Treasury Division has formally confirmed plans to part out manufacturing of the penny, with its remaining order for penny blanks positioned this month, in response to a press release reported by the Wall Avenue Journal. The USA Mint will stop manufacturing new pennies as soon as the prevailing … Read more
U.S.-China Tariff Truce Marks Step Towards Strategic Decoupling, Says Treasury Secretary Bessent Washington, D.C., Could 13, 2025 – U.S. Treasury Secretary Scott Bessent hailed the U.S.-China commerce settlement, introduced on Could 12, 2025, as a major step within the “strategic decoupling” of the U.S. financial system from reliance on Chinese language imports for important items. … Read more
Trump to Settle for Luxurious Qatari Jet as Air Pressure One, Elevating Moral Considerations Might 12, 2025By The Political Pulse President Donald Trump is ready to just accept an unprecedented present from Qatar’s royal household: a $400 million Boeing 747-8 jumbo jet, dubbed a “flying palace,” to function Air Pressure One throughout his second time … Read more
Trump Official Confirms 10% Baseline Tariffs to Persist, Echoing World Requires Stability Might 11, 2025 — Howard Lutnick, U.S. Secretary of Commerce, affirmed on CNN’s State of the Union with Dana Bash that President Donald Trump’s 10% baseline tariff on imports from practically all buying and selling companions will stay “in place for the foreseeable … Read more
Federal Reserve Chair Jerome Powell faces a difficult scenario as President Donald Trump has repeatedly labeled him “Mr. Too Late” for his cautious method to rate of interest changes. This criticism, voiced in April 2025, stems from Trump’s push for preemptive fee cuts to stimulate the economic system, significantly in response to his tariff insurance … Read more
U.S. and Chinese language Officers Meet in Geneva to Talk about Tariffs Amid Commerce Conflict Tensions On Might 10–11, 2025, senior U.S. and Chinese language officers convened in Geneva, Switzerland, to handle the escalating commerce battle, marked by 145% U.S. tariffs on Chinese language imports and 125% Chinese language retaliatory tariffs on U.S. items. The … Read more