Trump orders U S to ditch 1 cent coin
President Trump directs the Treasury to stop minting the 1 cent coin citing high production costs and limited usefulness. The move faces legal, congressional, and industry questions, with comparisons to Canada and other nations that phased out their lowest denomination coins.
MENTIONED IN THIS ARTICLE
Trump
U.S
Richmond
Donald Trump
Treasury
New Zealand
Australia
Netherlands
Judge orders release of federal funds after freeze
U.S. District Judge John McConnell found the Trump administration did not fully comply with an order blocking a sweeping federal funding freeze. He ordered immediate steps to release money for programs including early childhood education, pollution reduction, and HIV prevention while noting the pause likely violates the temporary restraining order. The ruling followed administration refusals and appeals as other court actions curbed variousTrump policies.
MENTIONED IN THIS ARTICLE
Washington
Trump
White House
U.S. District Court
John McConnell
McConnell
National Institutes of Health
U.S
Treasury Department
Elon Musk
Department of Government
Oversight of aid funds in question
Washington reports that USAID cannot track about 8.2 billion dollars in unspent humanitarian aid after a Trump freeze and staff layoffs. The inspector general warns oversight is largely nonoperational, risking misuse of funds and rot of commodities. Eviction from the Washington headquarters and court actions add to dismantling pressures. Executives cite ongoing executive orders and stalled staffing with limited resumption of emergency aid despite waivers.
MENTIONED IN THIS ARTICLE
Washington
U.S. Agency For International Development
Trump
USAID
Elon Musk
General Services Administration
Associated Press
Judge keeps Trump plan to push out workers on hold
U S District Judge George O'Toole Jr paused the deferred resignation buyout program for federal workers, keeping the stay in place until a ruling is issued. The plan, touted by Trump and backed by Elon Musk, offers incentives for 65,000 employees to quit by Sept 30, drawing union opposition and claims of illegality.
MENTIONED IN THIS ARTICLE
Boston
Donald Trump
U.S
George O’toole Jr
Trump
White House
Elon Musk
O’toole
The
Office of Personnel Management
OPM
Trump imposes 25 percent tariffs on steel and aluminum
President Trump orders a 25 percent tariff on steel and aluminum imports aimed at protecting U.S. industries. The levy affects all steel and aluminum products including shipments from Canada and Mexico with a warning that rates may rise further and take effect March 4.
MENTIONED IN THIS ARTICLE
Washington
Donald Trump
U.S
Canada
Mexico
Russia
China
Trump
Also Mentioned on This Page
Farmers’ Almanac
Laurence H. Tribe
Carl M. Loeb University
Harvard University
United States
Scott Bessent
Tribe
Congress
U.S. Mint
MIT
Jeff Gore
Citizens
Gore
New Orleans
Canadian Mint
Richardson
Texas
Musk
Marco Rubio
Priya Kathpal
Taylor Williamson
United States Agency For International Development
Washington, D.C
Bloomberg News