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Trump, California and federal funding

Trump preparing large-scale cancellation of federal funding for California, sources say

The Trump administration is preparing to cancel a large swath of federal funding to California, an effort which could begin as soon as Friday, according to multiple sources.

The Washington Post on MSN · 9h

Trump administration weighs broad cancellation of California funding

Trump’s team is asking federal employees to develop rationales for funding cuts to the state, including citing noncompliance with the president’s executive orders.

SFGATE on MSN · 1d

Gavin Newsom threatens to cut off California's federal taxes in Trump rebuke

Gov. Gavin Newsom wasn't playing nice late Friday when he fired back at President Donald Trump's threats of taking away federal funding for California. CNN first reported that the Trump administration plans on pulling back large chunks of federal spending in California,

Trump, Fed and Jerome Powell

Reuters on MSN · 1d

Trump says decision on Fed chair will be out soon

President Donald Trump said on Friday that a decision on the next Federal Reserve chair will be coming out soon, adding that a good Fed chair would lower interest rates.

Bloomberg on MSN · 1d

Trump Pressures Fed’s Powell to Cut Rates ‘A Full Point’

President Donald Trump urged the Federal Reserve to cut interest rates by a full percentage point, intensifying his pressure campaign against Chair Jerome Powell.

Newsweek on MSN · 1d

Donald Trump fires new Jerome Powell attack

U.S. President Donald Trump gave fresh criticism of Federal Reserve Chair Jerome Powell over interest rates, accusing him of costing the U.S. "a fortune" and demanding a "full point" reduction. Trump had earlier declared that "America is hot" ahead of federal employment data showing the U.

12h

Trump's 'Big, Beautiful Bill' Will Add $2.4 Trillion in Debt, CBO Predicts—as President Again Calls for Fed Chair Jerome Powell To Lower Rates

The president's budget proposal sits with the Senate, but whether it'll listen to the CBO's findings remains to be seen.

21h

Ohio Food Banks Strain as Trump Slashes Federal Aid Programs

In a state that handed Trump three straight wins, where Trump flags flap near food aid flyers pinned on bulletin boards, the ...

1don MSN

Trump presses Fed chief Powell to cut interest rate by full point despite strong jobs report

An increase in the number of U.S. jobs that was higher than expected makes it unlikely that the Federal Reserve will cut ...

Officially, 59,000 federal jobs are gone under Trump. There's more to the picture

The Trump administration has tried firing people, dismantling agencies and inviting people to quit. Lawsuits have blocked ...

Trump urges Federal Reserve to slash interest rates by a full percentage point

The president has repeatedly berated Powell for not cutting rates as he desires. The two men met face-to-face for the first ...

2don MSN

New Federal Employees Must Now Write Essays Praising Trump's Policies

A new "merit hiring plan" from the Office of Personnel Management asks candidates how they will advance Trump's policy agenda ...

2don MSN

Trump threatens to cut off Elon Musk's federal subsidies. That could cost Tesla and SpaceX billions.

"The easiest way to save money in our Budget … is to terminate Elon's Governmental Subsidies and Contracts," Trump said in a ...

1don MSN

Trump Wants the Fed to Cut Interest Rates by a Full Point. That Normally Takes a Recession

Key TakeawaysPresident Donald Trump demanded the Federal Reserve lower its benchmark interest rate by an entire percentage ...

Jobs Report Bolsters Fed’s Patient Approach on Rate Cuts, Drawing Trump’s Ire

President Trump said his pick for the next Federal Reserve chair was coming soon as he stepped up his attacks on Jerome H.

2don MSN

Federal Judge Pauses Trump’s Effort To Ban Entry Of Harvard’s International Students

President Donald Trump signed an order blocking the entry of Harvard’s international students into the U.S., citing national ...

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