President Trump’s intensifying attacks on Federal Reserve Chairman Jerome Powell are having a destabilizing effect on financial markets and rattling Republican lawmakers.
The Dow Jones Industrial Average had its worst recorded Christmas Eve day of trading Monday, dropping more than 640 points, while the S&P 500 dropped more than 50 points and entered a bear market, a 20 percent fall from its peak in August.
Senate Democratic Leader Charles Schumer (N.Y.) and House Democratic Leader Nancy Pelosi (Calif.) are blasting President Trump for “plunging the country into chaos” before Christmas, pointing to a sharp plunge in the stock market amid a government shutdown.
In naming Patrick Shanahan as interim Defense secretary, President Trump has elevated a former Boeing executive with less than two years of government experience to lead the Pentagon.
Rep. Bruce Poliquin (R-Maine) is dropping his legal challenge to the constitutionality of Maine's ranked-choice voting system, saying it was time "to close this confusing and unfair chapter of voting history."
Opinion | I watched with amusement the past few days as the news media savaged President Donald Trump, first for forcing some ex-generals off his team and then for drawing down troops from the conflicts in Syria and Afghanistan.
Opinion | It’s almost Christmas and many Americans, including special prosecutor Robert Mueller, are checking their lists to see who’s been naughty or nice. Democratic candidates with presidential ambitions are checking their lists too.
Both sides in the fight over President Donald Trump’s border wall with Mexico have given a little on the money. What they can’t seem to agree on is what it should be spent on.
A 48-hour effort by the Trump administration to soothe jittery financial markets did little to reverse the free fall in stocks on Monday, as the president’s renewed attack on the Federal Reserve and the specter of a prolonged government shutdown further rattled investors already worried about a global economic slowdown.
Gen. James Mattis' resignation triggered an outpouring of anxiety and anger and a steady stream of kudos for the 68-year-old, but as the shock of his departure begins to ebb, another narrative about the "warrior monk" is emerging.
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