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The Latest Breaking News from Federal

Fourth Circuit Rejects Facial Challenge to Two Trump Anti-DEI Executive Orders

"What plaintiffs are really asking us to do is read subtext into the Provision's text."

Reason

President Trump just missed a key deadline to share his spending plans: Fears are mounting about what that means for $38.5 trillion national debt

“We won’t be able to fix the debt without touching Social Security, Medicare, defense, or revenue—the math just doesn’t work. And we can’t count on heroic growth rates or crashing interest rates,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CRFB).

Fortune

A judge sides with Trump’s immigration operations for now, saying Minnesota couldn’t make the case that they were unlawful

She isn’t sure if her authority allows her to decide whether federal agents can remain deployed in the state.

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New video shows Alex Pretti clashing with federal agents days before he was shot dead in Minneapolis

The two border agents involved in Pretti’s fatal shooting have since been placed on leave

Evening Standard

Federal unions ask court to halt FEMA position cuts

Federal worker unions have asked a judge to halt Trump administration plans to cut 10,000 positions from FEMA.

Roll Call

Thousands rally and hundreds of businesses close in protest against ICE presence in Minnesota

Thousands of people protested against US President Donald Trump's immigration crackdown in Minneapolis on Friday, after a five-year-old boy and his father were detained by ICE agents.

Euronews

Criminal investigation into Fed chair Powell has ‘reinforced’ concerns over independence, Goldman Sachs warns, as dollar weakens – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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Federal Judges Continue to Ignore the Plain Text of Federal Rule of Evidence 702

On December 7, Eugene reported: From retired Third Circuit Judge Thomas Vanaskie (who had also served on the Middle District… The post Federal Judges Continue to Ignore the Plain Text of Federal Rule of Evidence 702 appeared first on Reason.com.

Reason

Cannabis Stocks Up for Reversal: Pipedreams or Opportunity?

Cannabis stocks are set up to complete market reversals that relaxed federal regulations could trigger. Rescheduling isn't legalization, but it's good enough.

MarketBeat

C3.ai Just Scored a Government Win. Should You Buy the Beaten-Down AI Stock Now?

Now that C3.ai has won a major government approval, will it finally be enough to coax hesitant investors toward its beaten-down shares?

Barchart

Court Blocks Federal Restriction on "Loud or Unusual Noise" on City Sidewalks Outside Federal Property

From Judge Ann Aiken (D. Ore.) Wednesday in Longworth v. Noem: Plaintiffs Chloe Longworth and Anna Lardner regularly protest on… The post Court Blocks Federal Restriction on "Loud or Unusual Noise" on City Sidewalks Outside Federal Property appeared first on Reason.com.

Reason

Federal Retirement Program Tweaks Are Taking Effect After the Holiday Season

Federal retirement programs—including Social Security, Medicare, pensions, and Thrift Savings Plan (TSP) accounts—are undergoing routine updates at the start of 2026. While these adjustments may...

Saving Advice

Sean Duffy Says Tim Walz Has 30 Days To Rectify Discrepancies Or Lose $30 Million In Federal Funds Amid Illegal CDL Row: 'Fix This Or…'

Transportation Secretary Sean Duffy has slammed Minnesota Governor and Democratic Party leader Tim Walz (D-Minn.) for illegally issuing Commercial Driving Licenses (CDLs).

Benzinga

US Genesis Mission Leaves Out xAI as DOE Partners Warn of High-Stakes Research Impact

The US Genesis Mission, a massive national AI initiative launched by President Trump and led by the DOE, aims to accelerate scientific discovery by leveraging federal data and top partners such as Google, Microsoft, and OpenAI.

International Business Times UK

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TechRadar

The Trump Administration just launched its own plan for global AI dominance and what could go wrong?

The Trump White House's Genesis Mission spells out a plan to build a government-based AI platform. But who will it serve?

The Independent UK

Trump administration makes major changes to a report it commissioned on FEMA reforms, AP sources say

A draft report on reforms to the Federal Emergency Management Agency has been significantly reduced in size, according to three people familiar with the matter

Benzinga

JP Morgan Executive Says Economy 'Gliding' Into 2026 In A 'Pretty Good Environment': Corporate America Absorbed Trump Tariffs Well

JP Morgan Asset Management's Bob Michele says the U.S. economy is ending the year on strong footing, with companies and consumers handling tariffs better than expected and a Federal Reserve rate cut potentially adding momentum heading into 2026.

Roll Call

Federal employees detail worries over shutdown layoffs - Roll Call

Stories of the financial hardships of federal employees were detailed in court filings this week in a lawsuit challenging Trump's layoffs.

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news in one place.

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Reason

Homeland Security Won't Stop Lying About Who Immigration Enforcers Are Arresting

In case after case, Homeland Security's Public Affairs Office releases incorrect information about arrests carried out by federal immigration officers.

Benzinga

Trump May Finally Take Freddie And Fannie Public, Says Bill Pulte: No Limit To 'What They Could Be Worth' With $7 Trillion In Assets

President Donald Trump is evaluating plans to take mortgage giants Federal National Mortgage Association (OTC:FNMA), or Fannie Mae, and Federal Home Loan Mortgage Corp (OTC:FMCC), or Freddie Mac, according to Bill Pulte, the Director of the Federal Housing Finance Agency.

Benzinga

Tesla Investor Ross Gerber Says 'Super Sad' To See Federal EV Subsidies End: 'Credits Created...'

Investment Firm Gerber Kawasaki's co-founder Ross Gerber has lamented the end of the Federal EV Credit, which ceased after the September 30 deadline outlined by President Donald Trump.

Reason

The Federal Workforce Will Be a Little Smaller After the Government Shutdown Ends

We’ll take less government however we can get it.

Benzinga

Demand For Electric Pickup Trucks Soar In Q3, Except If You're Tesla

Tesla Inc (NASDAQ:TSLA) reported strong third-quarter deliveries that beat analyst estimates, but a new report shows one of its electric vehicles has seen demand fall significantly.

Reason

Trump Won't Invoke the Insurrection Act—As Long As He Can Use the National Guard However He Wants

If the courts try to enforce legal limits on the president's military deployments, he can resort to an alarmingly broad statute that gives him more discretion.

Benzinga

General Motors Ends EV Incentives Days After Announcing Subsidies Following Tax Credit Deadline: Report

General Motors Co. (NYSE:GM) has reportedly backtracked on its plans to offer incentives on electric vehicles in the U.S. beyond the Federal EV Credit deadline on September 30. Ford Motor Co. (NYSE:F) was also offering a similar incentive.

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