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The Latest Breaking News from Federal

Peter Schiff Warns Fannie-Freddie Merger Could Create 'Moral Hazard' Bigger Than Great Financial Crisis Era

Economist Peter Schiff is sounding the alarm on a potential merger of mortgage finance giants, the Federal National Mortgage Association (OTC:FNMA) or Fannie Mae, and the Federal Home Loan Mortgage Corp (OTC:FMCC), popularly known as Freddie Mac.

Benzinga

Peter Schiff, The Kobeissi Letter Warn Of 'Federal Shakedown' Over Nvidia, AMD's 15% China Chip Revenue Deal With Trump Administration

Economist Peter Schiff and capital markets commentator The Kobeissi Letter have sharply criticized Nvidia Corp.'s (NASDAQ:NVDA) and Advanced Micro Devices, Inc.'s (NASDAQ:AMD) agreement to pay 15% of their China chip revenues to the U.S. government, calling it a “federal shakedown.”

Benzinga

As federal takeover threats loom, the city of Washington waits for the White House to make its move

President Donald Trump's promised law enforcement surge in Washington, D

The Independent UK

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Trump orders increased federal law enforcement presence in Washington to 'make DC safe again'

The White House has announced an increased federal law enforcement presence in Washington, D

The Independent UK

Can Donald Trump take federal control of Washington, DC?

US president has warned of a federal takeover of DC, citing violent incidents and the city’s crime problems.

Al Jazeera

Trump threatens to ‘federalize’ DC after attack on Doge staffer

US president cites youth crime in call to strip the capital of local rule, despite declining violence and local opposition

The Guardian - US

‘We will have no choice’: Trump threatens federal takeover of D.C. over youth crime

Perhaps its time for Trump to reconsider his educational policies.

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ICC arrest warrant for Putin limits where Trump summit could take place – as it happened

White House says president plans to discuss Ukraine war with Russian counterpart, indicted for war crimes in 2023

The Guardian - US

The Trump Administration's Move To Halt Wind and Solar Development on Federal Lands Reverses a Biden Priority

Reducing the government’s ownership of federal lands is the best way to protect against this energy policy whiplash.

Reason

Trump Admin Slams Brakes On Wind, Solar Projects On Public Lands, Days After President Bemoans The 'Blight'

The Trump administration is moving to add fresh obstacles to wind and solar development on millions of acres of federal land, according to an Interior Department memo released late Friday.

Benzinga

Trump calls on Fed board to take control from Powell over interest rates

The US president has hurled insults at Jerome Powell, renewing calls for the Federal Reserve to slash interest rates.

Al Jazeera

Pentagon orders removal of 1,350 national guard troops from Los Angeles

Sent by Trump administration to quash LA protests, remaining 250 guards will stay to protect federal assets

The Guardian - US

Federal architecture – everything you need to know about this classically-inspired style

Influenced by Roman and Georgian architecture, Federal is a long-established building style that radiates grandeur and timelessness

Homes & Gardens

One day inside the deportation machine at a federal immigration court in New York

The Guardian observed a spate of detentions at a Manhattan courthouse on 16 July 2025, despite the fact that some of those detained had been granted follow-up hearings

The Guardian - US

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Benzinga

Verizon And Federal Wins Power Ribbon Communications' Confident Outlook

Ribbon Communications (NASDAQ:RBBN) reported a robust second quarter for 2025, driven by strong demand and key customer wins. Ribbon Communications reported total second-quarter 2025 revenue of $221 million, marking a 22% sequential increase and a 15% year-over-year rise, surpassing estimates by approximately $6 million.

PC Gamer

Trump's AI action plan claims to chart 'a decisive course to cement US dominance in artificial intelligence'

"We are moving with urgency to make this vision a reality."

Benzinga

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.

International Business Times

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.

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Fortune

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.

The Independent UK

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

Latin Times

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

Benzinga

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…

The Independent UK

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.”

Reason

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.

Benzinga

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.

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