House approves rescissions bill targeting public broadcasting and foreign aid
The House passed a rescissions package 216 to 213 to cancel about 9 billion dollars in funding, including 1.1 billion for the Corporation for Public Broadcasting and nearly 8 billion in foreign aid, sending the measure to President Trump for his signature amid Republican tension and Democratic opposition.
MENTIONED IN THIS ARTICLE
Washington
House
Donald Trump
Congress
White House
Senate
Jeffrey Epstein
Corporation For Public Broadcasting
Congressional Budget Office
U.S
Hakeem Jeffries
CPB
National Public Radio
Public Broadcasting Service
Tax law debate splits Americans on who benefits
An AP NORC poll finds about two thirds expect the new tax and spending law will help the wealthy, with many saying it will hurt low income and middle class people. Republicans push the law as universal tax cuts while critics cite Medicaid and food assistance cuts as benefiting the rich.
MENTIONED IN THIS ARTICLE
Washington
U.S
Associated Press-Norc Center For Public Affairs Research
Trump
Anaiah Barrow
North Carolina
Barrow
Lori Nichols
Illinois
Nichols
Joe Biden
Geraldine Putnam
South
Putnam
Donald Trump
Ap-Norc
Stocks Slip After Record Week on Wall Street
U S stocks closed with modest losses as the S&P 500 dipped less than a tenth of a percent and the Dow fell 142 points while the Nasdaq inched higher. Norfolk Southern rose 2.5 percent on reports of a merger talk with Union Pacific, clouded by regulatory scrutiny.
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New York
Wall Street
Norfolk Southern
Union Pacific
North America
U.S
Netflix
Ana
Lysts
American Express
Exxon Mobil
Chevron
Hess
Paris
Guyana
Charles Schwab
Regions Financial
Comerica
Dow Jones
Trump signs GENIUS Act strengthening crypto regulation
President Trump signed the GENIUS Act to establish guardrails and consumer protections for stablecoins, aiming to boost confidence in the crypto sector. The bill passed both chambers with broad support as the industry expands its political influence. The law bars member of Congress and families from profiting off stablecoins, while the White House vows to push the United States as a crypto capital of the world.
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Washington
Donald Trump
U.S
House
Senate
Trump
White House
Joe Biden
Securities and Exchange Commission
Congress
World Liberty Financial
United Arab Emirates
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R-La
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Nathan Hay
Hay
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University of Michigan
Joanne Hsu
Federal Reserve
Fed
Chris Waller
CME Group
Europe
Asia
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Hong Seng
Tokyo
The
Associated Press
Circle
New York Stock Exchange
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