Trump’s firing of Federal Reserve Governor Lisa Cook has sparked a legal standoff and renewed concerns over the Fed’s independence. Update (Aug. 26, 2025, 2 PM UTC): This article has been updated to add commentary by crypto lawyer Aaron Brogan. US President Donald Trump announced the dismissal of Federal Reserve Governor Lisa Cook, raising questions about the reliability of the US dollar. In a Tuesday post, the White House Rapid Response X profile published a letter signed by Trump removing Cook from her role at the Federal Reserve. He accused her of having made false statements on one or more mortgage agreements and, addressing her directly, wrote: Read more
US President Donald Trump said Monday he hoped to meet again with North Korea’s Kim Jong Un, possibly this year, as he held White House talks with South Korea’s dovish new leader that got off awkwardly. Hours before President Lee Jae Myung arrived for his long-planned first visit to the White House, Trump took to […]
US President Donald Trump announced Friday that the draw for the 2026 World Cup will be held in Washington on December 5 — and then jokingly asked if he could keep the golden trophy for himself. The draw for the 48-team football championship will be held at the Kennedy Center in the US capital, where Trump recently installed himself as chairman in what he called a war on “woke” culture. “It’s the biggest, probably the biggest event in sports,” Trump, flanked by FIFA chief Gianni Infantino, said as he made the announcement in the Oval Office of the White House. The 2026 World Cup is being hosted by the United States, Canada and Mexico next year, and Trump has made a big deal about it happening during his presidency. Infantino, who has fostered close ties with the billionaire US president, brought the World Cup with him for the announcement and even let Trump get his hands on it. “Only the FIFA president, presidents of countries, and then those who win can touch it, because it’s for winners only. And since you ...
US Secretary of Commerce Howard Lutnick has been scooping up stock in companies that could benefit from tariffs, as well as investing in Bitcoin funds. As US President Donald Trump’s tariffs create an unpredictable trade environment, some members of his administration have been investing in sectors influenced by his policies, including Bitcoin (BTC). On Tuesday, the Trump administration announced it would extend the tariff delay on China. At the same time, the United States Commerce Department will introduce aluminum tariffs on over 400 different products, including wind turbines, mobile cranes, railcars, motorcycles and construction equipment. The unpredictability of Trump’s trade tariffs has raised concerns among national trade groups like the National Foreign Trade Council (NFTC), which said they are “delaying growth, disrupting operations, and raising legal concerns among companies.” Read more
U.S. President Donald Trump said on Tuesday he hoped Russia’s Vladimir Putin would move forward on ending the war in Ukraine but conceded that the Kremlin leader may not want to make a deal at all, adding this would create a “rough situation” for Putin. In an interview with the Fox News “Fox & Friends” programme, Trump […]
WASHINGTON: The administration of President Donald Trump has revoked more than 6,000 student visas for overstays and breaking the law, including a small minority for “support for terrorism,” a State Department official said on Monday. The move, first reported by Fox Digital, comes as the Trump administration has adopted a particularly hard-line approach toward student […]
United States President Donald Trump said on Monday that if his meeting with Ukrainian counterpart Volodymyr Zelensky went well, he expected to hold a trilateral meeting with Russian leader Vladimir Putin with the goal of ending the Ukraine-Russia war. Trump is pushing Ukraine to make major concessions following his summit with Russian President Vladimir Putin in Alaska last week, saying Kyiv must give up Crimea and abandon its Nato ambitions. Those are two of Moscow’s top demands. But Zelensky, who huddled with the Europeans before they all went to the White House to meet Trump, urged Trump to bring “peace through strength” against Russia and stressed the need for United States security guarantees. “We’re going to have a meeting. I think if everything works out well today, we’ll have a trilat (trilateral summit) and I think there will be a reasonable chance of ending the war when we do that,” said Trump, sitting alongside Zelensky at the White House. “I just spoke to President Putin indirectly and we’re goin...