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The Latest Breaking News from Federal

Former Fed Chairs Ben Bernanke, Janet Yellen Warn Trump's Pressure On Powell Could Lead To 'Inevitably Higher Inflation And Economic Damage'

Former Federal Reserve Chairs Ben Bernanke and Janet Yellen have cautioned that President Donald Trump‘s ongoing pressure on the current Fed chief, Jerome Powell, could have dire long-term consequences for the U.S. economy.

Benzinga

California To Sue Trump Govt Over Axed High-speed Rail Funds

California will sue President Donald Trump's administration over its decision to cancel billions of dollars in federal funding for the construction of a long-delayed high-speed rail line, the state's governor said Thursday.

International Business Times

Trump is ‘extremely troubled’ by Fed’s approach, according to new letter, but bank official stands firm on independence

In a response to Fortune, Federal Reserve Bank of St. Louis president Alberto Musalem defended the Fed’s autonomy, citing global evidence that independent central banks deliver stronger inflation and employment outcomes.

Fortune

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FEMA is not shutting down but ‘rebranding’ to highlight local leaders’ roles in disaster response

In January, Trump floated the idea of minimizing FEMA if not getting rid of it as a whole – a position he has softened his stance on

The Independent UK

Detainees in Lower Manhattan ICE Facility Report Overcrowding, Medical Neglect: 'They're Killing Us'

Immigrants held in ICE holding rooms at 26 Federal Plaza in Lower Manhattan are reporting overcrowded conditions, limited access to food and hygiene, and prolonged detentions in cells not intended for overnight stays

Latin Times

Trump's Tax Bill Axes The $7,500 EV Credit: Here's How You Can Still Claim It

President Donald Trump officially signed the Big Beautiful Bill into law on the Fourth of July and it officially ended the lucrative $7,500 Federal EV credit on all EV purchases. However, the credit is still in effect till September 30. Here's how you can still claim it on your new…

Benzinga

Student loan cancellation program could become Trump retribution tool, some advocates fear

Organizations that serve immigrants and transgender youth could be ejected from a federal program that cancels student loans for public workers under a Trump administration plan taking aim at groups that it says have an “illegal purpose.”

The Independent UK

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Gun Rights Groups Welcome the Demise of Illogical and Constitutionally Dubious Federal Firearm Taxes

The taxes on sound suppressors, short-barreled rifles, and short-barreled shotguns, originally enacted in 1934, were meant to be prohibitive, imposing bans in the guise of raising revenue.

Reason

As Trump's 'Big, Beautiful Bill' Is Signed Into Law, These EVs From Tesla, GM And Ford Will Become More Expensive: Report

As President Donald Trump's Big Beautiful Bill is officially signed into law, the bill scraps the $7,500 Federal EV credit on all purchases of new electric vehicles in the U.S.

Benzinga

New federal-state environmental pact aims to speed up Texas highway projects

The agreement targets the environmental review process and cuts down the time it takes for new highways to be approved.

The Texas Tribune

The Federal Government Owns Too Much Land. Selling It Helps Rural Communities.

Why Sen. Mike Lee's plan to sell public land doesn't go far enough

Reason

Ninth Circuit: TRO Against President's Federalizing California National Guard Was Likely Improper

The court stays the injunction pending appeal, and in the process concludes the defendants "are likely to succeed on the merits of their appeal."

Reason

Trump Argues That He Can Take Over a State's National Guard Whenever He Feels Like It

The government's lawyer told a 9th Circuit panel the president's deployments are "unreviewable," so he need not even pretend to comply with the statute on which he is relying.

Reason

Trump's DOJ Argues Decision to Deploy National Guard for LA Protests is 'Unreviewable' for Judges

DOJ attorneys argued that courts cannot deny the president's ability to federally enlist militia to justify deploying the National Guard against protestors in Los Angeles.

Latin Times

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Reason

Whether or Not Trump Invokes It, the Insurrection Act Is Antiquated and Dangerously Broad

On its face, the law gives the president sweeping authority to deploy the military in response to domestic disorder.

Reason

The Restraining Order Against Federalizing the California National Guard Highlights Trump's Lawlessness

U.S. District Judge Charles Breyer concluded that the president failed to comply with the statute he cited—and violated the 10th Amendment too.

Reason

Gavin Newsom Defends Federalism Against Trump's Unilateral National Guard Deployment

In a federal lawsuit, California's governor argues that the president's assertion of control over "the State's militia" is illegal and unconstitutional.

Fortune

Trump's memo activating the National Guard doesn't specify LA. It could apply anywhere and preemptively, legal expert says

“No president has ever federalized the National Guard for purposes of responding to potential future civil unrest anywhere in the country.”

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Latin Times

California Gov. Newsom Dares Border Czar To Arrest Him After Threat Over L.A. Protests: 'Let's Go'

California Governor Gavin Newsom dared border czar Tom Homan to arrest him after he threatened him during the weekend

Latin Times

Mexican President Sheinbaum Reacts To L.A. Unrest, Claims City 'Wouldn't Be What It Is' Without Migrants

Mexican President Claudia Sheinbaum criticized the recent ICE operations that catalyzed protests in Los Angeles, saying the city "wouldn't be what it is" without migrants

The Independent UK

What is a 'sanctuary jurisdiction' and how was the US list of them made?

The U.S. government’s list of “sanctuary jurisdictions” includes hundreds of communities, both red and blue

Salon

DOJ gives up on fighting extremists

State-level officials have been left to fend for themselves in the fight against domestic terrorism

We Got This Covered

‘We’re talking about nearly 14M people’: Hakeem Jeffries exposes twisted logic behind GOP’s new Medicaid gutting scheme

Hakeem Jeffries tells it like it is.

Reason

Court Holds Anti-DEI Executive Orders Don't Facially Violate First Amendment

Some short excerpts from Friday's long decision by Judge Timothy Kelly (D.D.C.) in National Urban League v. Trump: After taking… The post Court Holds Anti-DEI Executive Orders Don't Facially Violate First Amendment appeared first on Reason.com.

The Conversation

Trump administration’s attempt to nix the labor rights of thousands of federal workers on ‘national security’ grounds furthers the GOP’s long-held anti-union agenda

As the Trump administration seeks to shrink the federal workforce, slash nonmilitary spending and curb opposition to its policies, it is taking steps beyond the firing and furloughing of thousands of government workers.

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